Real Estate Investing in Champaign County, Illinois

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

20 ZIP codes • Population: 202,495

Should you buy in Champaign County, IL? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (74/100)

Solid choice β€” values are growing steadily and the market is stable enough to buy with confidence.

πŸ“ˆ For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 11.8% vacancy may signal weakening demand.

What’s happening in Champaign County, IL?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $241,559
Avg Monthly Rent $1,152
ZIP Codes 20

Local Pulse Report

AI-researched developments and news for Champaign County, IL. Updated on demand as visitors ask.

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Growth & development in Champaign County, IL Updated 26 days ago
Champaign County is experiencing significant infrastructure upgrades and new business openings, alongside some notable employer closures.
βœ“ Opportunities
  • The I-57/74 interchange reconstruction project is modernizing an outdated design to improve traffic flow and safety, with several ramps opening in late 2025. β€” This enhances transportation efficiency and safety for commuters and freight. ArcGIS StoryMaps
  • Champaign County received a $3.8 million state investment for sanitary sewer infrastructure at Apollo Industrial Park in August 2026. β€” This investment supports future industrial growth and job creation in the region. Illinois.gov
  • Several new businesses, including Dutch Bros Coffee, Big Sharks, Blind Pig, and Sumo Kitchen, opened in Champaign County in 2025. β€” These additions expand dining and retail options for residents. WIXY.com
  • Construction began in May 2026 on the Mattis Avenue reconstruction project, upgrading the corridor with new pavement, bike lanes, and a multi-use path. β€” This improves infrastructure for vehicles, cyclists, and pedestrians, enhancing mobility and safety. City of Champaign
  • The Housing Authority of Champaign County has several new construction projects underway, including Pinewood Place for individuals with special needs. β€” These projects increase the availability of affordable and specialized housing options. Housing Authority of Champaign County
⚠ Concerns
  • Health Alliance Medical Plans ceased operations by early 2026, resulting in the loss of 612 jobs in Champaign. β€” This significantly reduces local employment opportunities and impacts the regional economy. WIXY.com, CU-CitizenAccess.org
  • Epic Burger in Champaign closed in September 2025, about a year after its opening. β€” This reduces local dining choices and represents a business failure. WIXY.com
  • Waters of America-Champaign and Niagara Bottling, LLC (at the same address) announced layoffs and a plant closure in August 2026. β€” This results in job losses and a reduction in local industrial activity. Illinois workNet Center
Bottom line: Champaign County is experiencing substantial public infrastructure investment and new business growth, tempered by some significant employer closures.

AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in Champaign County, IL. Anonymous, moderated, never written by AI.

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Property managers serving Champaign County

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Community Property Management offers quality and affordable apartments in Champaign-Urbana, including renovated units and various communities like 217 Neil and Hessel on the Park. summary from their website

Small multifamily
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Zindars Property Management offers property management services in Champaign & Urbana. summary from their website

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Listings are shown for convenience β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$241,559
Avg Monthly Rent
$1,152
1% Rule
βœ— Below
Landlord Friendly (IL)
β˜…β˜…β˜…β˜…β˜…

πŸŽ“ Colleges & Universities in Champaign County

5 Colleges 62,769 Students 3,857 Off-Campus Renters
B+
University of Illinois Urbana-Champaign
4-Year Public Β· 56,563 students
C
Parkland College
2-Year Public Β· 6,018 students
πŸ“ ~3,857 students rent off-campus
D
Tricoci University of Beauty Culture
Vocational For-Profit Β· 171 students
D
Urbana Theological Seminary
4-Year Private Β· 17 students
D
University of Illinois System Offices
4-Year Public Β· 0 students

Investor Insight: With 3,857 students living off-campus, Champaign County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Champaign County

ZIP Codes in Champaign County, IL

61820 β˜… β˜… β˜… β˜… β˜…
Champaign
Population 38,481
Avg Home $185,566
Avg Rent $1,226/mo
61821 β˜… β˜… β˜… β˜… β˜…
Champaign
Population 28,838
Avg Home $208,299
Avg Rent $1,520/mo
61822 β˜… β˜… β˜… β˜… β˜…
Champaign
Population 28,246
Avg Home $335,927
Avg Rent $1,795/mo
61801 β˜… β˜… β˜… β˜… β˜…
Urbana
Population 27,755
Avg Home $195,072
Avg Rent $1,226/mo
61802 β˜… β˜… β˜… β˜… β˜…
Urbana
Population 19,502
Avg Home $226,109
Avg Rent $1,312/mo
61853 β˜… β˜… β˜… β˜… β˜…
Mahomet
Population 14,645
Avg Home $353,732
Avg Rent $1,781/mo
61866 β˜… β˜… β˜… β˜… β˜…
Rantoul
Population 13,407
Avg Home $143,931
Avg Rent $853/mo
61874 β˜… β˜… β˜… β˜… β˜…
Savoy
Population 8,602
Avg Home $362,031
Avg Rent $1,505/mo
61873 β˜… β˜… β˜… β˜… β˜…
Saint Joseph
Population 5,803
Avg Home $293,438
Avg Rent $882/mo
61880 β˜… β˜… β˜… β˜… β˜…
Tolono
Population 4,558
Avg Home $255,826
Avg Rent $1,113/mo
61843 β˜… β˜… β˜… β˜… β˜…
Fisher
Population 2,003
Avg Home $238,097
Avg Rent $882/mo
61849 β˜… β˜… β˜… β˜… β˜…
Homer
Population 1,882
Avg Home $192,027
Avg Rent $936/mo
61864 β˜… β˜… β˜… β˜… β˜…
Philo
Population 1,714
Avg Home $265,229
Avg Rent $1,062/mo
61859 β˜… β˜… β˜… β˜… β˜…
Ogden
Population 1,271
Avg Home $224,157
Avg Rent $1,188/mo
61878 β˜… β˜… β˜… β˜… β˜…
Thomasboro
Population 1,179
Avg Home $157,415
Avg Rent $882/mo
61847 β˜… β˜… β˜… β˜… β˜…
Gifford
Population 1,160
Avg Home $229,308
Avg Rent $882/mo
61877 β˜… β˜… β˜… β˜… β˜…
Sidney
Population 1,055
Avg Home $237,682
Avg Rent $1,107/mo
61875 β˜… β˜… β˜… β˜… β˜…
Seymour
Population 974
Avg Home $307,973
Avg Rent $1,089/mo
61863 β˜… β˜… β˜… β˜… β˜…
Pesotum
Population 807
Avg Home $215,463
Avg Rent $882/mo
61872 β˜… β˜… β˜… β˜… β˜…
Sadorus
Population 613
Avg Home $203,905
Avg Rent $918/mo

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Frequently Asked Questions About Champaign County

What is the rental occupancy rate in, IL?

Rental vacancy in, IL is elevated. Investors should budget normal turnover but not chronic empty units.

Which investment style suits, IL?

In, IL the robust play is typically careful cash-flow rentals with hands-on management. The combination of $242K prices and $1,152/mo rents suits that approach.

How strong is, IL for real estate investors?

Investors tracking, IL will find a 3.0/5 rating supported by $242K median home values and $1,152/mo rents. That profile suits long-term holders targeting steady returns.

Where does, IL sit compared to IL statewide?

, IL measures broadly in line with the IL state benchmark. Investors should treat statewide figures as a reference, not a substitute for local data.

Community Ratings

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