Last updated
Average Rent in Champaign 61821 & Rent Trends
Rent prices and market trends across 2 apartment communities in Champaign 61821, Champaign, IL. Updated daily.
Market Average
$1,193/mo
▲ +4.7% from last month
Lowest Available
$659/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
80
available now
Champaign 61821 vs Champaign, IL Average
Champaign 61821 is more expensive the Champaign, IL average by $3/mo (0%). The citywide average is $1,190/mo across all neighborhoods.
Is Rent Going Up or Down in Champaign 61821?
As of May 2026, the average rent in Champaign 61821 is $1,193 per month across 2 apartment communities and 80 available units. Rents have increased $55 (4.7%) over the past month.
The most affordable option is Fairlawn Leasing & Resident Services starting at $659/mo. By unit type, a studio averages $1,175/mo, a 1-bedroom averages $1,280/mo, a 2-bedroom averages $1,168/mo, a 3-bedroom averages $1,238/mo, a 4-bedroom averages $817/mo.
Prices range from $659 to $2,099 per month. The most common price point is the $1,000 range, where 20 units are currently listed.
Champaign 61821 Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Champaign 61821
Rent Prices by Apartment in Champaign 61821
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Fairlawn Leasing & Resident Services | $659/mo | $1,219/mo | 56 | 4.4 |
| Community Property Management | $800/mo | $1,132/mo | 24 | 4.3 |
Google Search Trends for Champaign 61821 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Champaign 61821
What is the average rent in Champaign 61821?
Is rent going up or down in Champaign 61821?
What is the cheapest apartment in Champaign 61821?
How much is a 1-bedroom apartment in Champaign 61821?
How many apartments are available in Champaign 61821?
What salary do I need to live comfortably in Champaign 61821?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$48,000/year
30 percent rule -- using our average rent of $1,193/mo.
Comfortable income
$57,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($659/mo), you need to earn at least $26,000/year.
Median household income in Champaign 61821 is $57,544 , about 0% above the comfortable-living threshold.
Cost of living in Champaign 61821
Overall prices in Champaign 61821 runs below the national average by about 9% (BEA Regional Price Parity index 90.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Champaign 61821's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,193 |
| Utilities | $292 |
| Groceries | $503 |
| Transportation | $695 |
| Healthcare | $339 |
| Other goods and services | $543 |
| Estimated total | $3,564/mo |
Population
88,822
Median household income
$57,544
Census median rent
$1,103/mo
Rent as % of income
34.4%
Median age
27.1
Mean commute
15 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Champaign 61821 Apartments
Browse all 2 communities with daily-updated pricing and availability.