The median home in Urbana, Illinois is valued at $195,039, up 6.0% year over year. Typical monthly rent is $1,223, producing a price-to-rent ratio of 13.3x — below the national average of 18x. Urbana is part of the Champaign-Urbana, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Champaign-Urbana, IL stress score, crash risk, and 12-month forecast →

Home Value$195,039

+6.0%

Rent$1,223/mo

AFFORDABILITY

Enter your income for Urbana.

Income (annual)

Down Payment

$39,008 on $195,039

Affordable — 24% of income

Under the 28% guideline.

PITI$1,499

P/I24%

Afford$228K

Room+$33K

P&I $986Tax $362Ins $150

Renting $276/mo cheaper ($1,223 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Urbana with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Champaign-Urbana, IL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Champaign-Urbana, IL metro.

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URBANA, IL