
Home Price Key
These days, finding an affordable place to live in the Urbana area can be challenging. Home prices in Urbana are now at a median cost of $146,954, lower than the Illinois average of $242,002.
The average cost of rent is $894/mo in Urbana, primarily driven by the current value of real estate in the Urbana area. While nearly 45.18% of residents own their homes outright in Urbana, 54.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Urbana is $4,425 per month. Households that rent pay about 20.20% of their income on rent here. Urbana's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Champaign, IL: higher priced homes
- Savoy, IL: higher priced homes
- Philo, IL: higher priced homes
- St. Joseph, IL: higher priced homes
- Bondville, IL: higher priced homes
- Tolono, IL: equally priced homes
- Sidney, IL: higher priced homes
- Thomasboro, IL: less expensive homes
- Mahomet, IL: higher priced homes
- Seymour, IL: higher priced homes
Cities with Similar Populations
- Sherman Oaks, CA: higher priced homes
- Haltom City, TX: higher priced homes
- Irondequoit, NY: less expensive homes
- La Mirada, CA: higher priced homes
- Lakewood, OH: higher priced homes
- Mankato, MN: higher priced homes
- Marion, OH: less expensive homes
- Martinez, CA: higher priced homes
- Milford, CT: higher priced homes
- San Benito, TX: less expensive homes
All Local Stats
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