Champaign-Urbana Fair Market Rent 2026
HUD Fair Market Rent data for the Champaign-Urbana metropolitan area. Median household income: $49,808/year. Vacancy rate: 6.3%.
2BR FMR
$764/mo
Median Income
$49,808
Vacancy Rate
6.3%
Rent Burden
18.4%
Fair Market Rent by Bedroom Size
Affordability Analysis
Based on the 30% rule, a household earning the median income of $49,808/year can afford up to $1,245/mo in rent.
The 2BR FMR of $764/mo represents 18.4% of median income, which is within the 30% affordability threshold.
Rental Market Conditions
The vacancy rate of 6.3% in Champaign-Urbana indicates a moderate rental market. A balanced market with reasonable availability for renters.
Frequently Asked Questions
What is the average rent in Champaign-Urbana?
The 2026 HUD FMR for a 2-bedroom in the Champaign-Urbana metro area is $764/month. 1BR: $642, 3BR: $1,017.
What is the vacancy rate in Champaign-Urbana?
The rental vacancy rate in Champaign-Urbana is 6.3%. A rate below 5% typically indicates a tight rental market.
Is Champaign-Urbana affordable for renters?
With a median income of $49,808 and 2BR rent at $764/mo, rent takes about 18% of income in Champaign-Urbana.
Compare with Other Metro Areas
San Jose-Sunnyvale-Santa Clara
2BR: $2,412/mo
New York-Newark-Jersey City
2BR: $2,293/mo
San Francisco-Oakland-Berkeley
2BR: $2,200/mo
Honolulu
2BR: $1,937/mo
Los Angeles-Long Beach-Anaheim
2BR: $1,888/mo
San Diego-Chula Vista-Carlsbad
2BR: $1,856/mo
Oxnard-Thousand Oaks-Ventura
2BR: $1,761/mo
Santa Cruz-Watsonville
2BR: $1,760/mo
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