Home prices
The median home cost in Urbana is $155,000. This is roughly $13,340 (7%) lower in comparison to its surrounding areas.It is approximately $62,500 (28%) lower in comparison to the entire country, and is roughly $6,800 (4%) lower compared to the city of Champaign.
Rents
The median monthly rent in Urbana is $838. Compared to its nearby areas this is roughly $25 (3%) higher.Compared to the nation as a whole it is about $224 (21%) lower, and it is roughly $114 (11%) lower compared to the city of Champaign.
Nearby places
Savoy
Savoy is approximately 4 miles southwest of Urbana. Its housing prices are substantially more expensive. The median home in Savoy is valued at $233,000, which is $78,000 (33%) higher than Urbana. Rents there are somewhat more expensive. In Savoy the median monthly rent is $941, which works out to $103 (10%) higher than Urbana.
St. Joseph
St. Joseph is about 7 miles east of Urbana. Housing prices there are a bit more expensive. The median home cost in St. Joseph is $189,300, which comes out to $34,300 (18%) higher than Urbana. The rent there is a bit less expensive. In St. Joseph the median rent is $770 a month, which comes out to $68 (8%) lower than Urbana.
Philo
Philo is approximately 7 miles south from Urbana. The housing prices there are pretty similar. Philo's median home cost is $155,100, which is very similar to Urbana. Rents there are somewhat less expensive. Philo's median rent is $750 per month, which comes out to $88 (11%) lower than Urbana.
Bondville
Bondville is about 7 miles west from Urbana. Its housing prices are a lot less expensive. The median home in Bondville is valued at $114,000, which works out to $41,000 (35%) lower than Urbana. Rents there are a little less expensive. Bondville's median monthly rent is $713, which works out to $125 (17%) lower than Urbana.
Sidney
Sidney is about 8 miles southeast from Urbana. The real estate prices there are fairly similar. The median home in Sidney costs $150,300, which is $4,700 (3%) lower than Urbana. The rent there is a little more expensive. In Sidney the median rent is $892 per month, which is $54 (6%) higher than Urbana.
