Home prices
The median home price in Urbana is $71,700. In comparison to its nearby areas it is about $7,620 (9%) lower.It is approximately $145,800 (67%) lower compared to the entire nation, and it is roughly $46,400 (39%) lower compared to the city of Springfield.
Rents
The median monthly rent in Urbana is $600. It is about $79 (15%) higher in comparison to other places in this area.It is roughly $462 (43%) lower compared to the rest of the country, and it is roughly $144 (19%) lower in comparison to the city of Springfield.
Nearby places
Louisburg
Louisburg is approximately 6 miles south of Urbana. Housing prices there are pretty similar. The value of the median home in Louisburg is $74,300, which comes out to $2,600 (3%) higher than Urbana. Its rents are a little less expensive. The median monthly rent in Louisburg is $475, which is $125 (26%) lower than Urbana.
Preston
Preston is approximately 7 miles north from Urbana. Housing prices there are similar. The price of the median home in Preston is $70,900, which comes out to $800 (1%) lower than Urbana. Rents there are a little more expensive. Preston's median rent is $686 per month, which is $86 (12%) higher than Urbana.
Hermitage
Hermitage is approximately 10 miles northwest of Urbana. The real estate prices there are somewhat more expensive. The value of the median home in Hermitage is $96,900, which works out to $25,200 (26%) higher than Urbana. The rent there is significantly less expensive. The median monthly rent in Hermitage is $394, which is $206 (52%) lower than Urbana.
Macks Creek
Macks Creek is about 12 miles northeast from Urbana. Its real estate prices are a bit more expensive. The median home in Macks Creek costs $95,200, which comes out to $23,500 (24%) higher than Urbana. The rent there is substantially less expensive. In Macks Creek the median monthly rent is $435, which is $165 (37%) lower than Urbana.
Cross Timbers
Cross Timbers is about 12 miles north from Urbana. The housing prices there are a little less expensive. The median home in Cross Timbers costs $59,300, which is $12,400 (20%) lower than Urbana. Rent there is fairly similar. The median monthly rent in Cross Timbers is $617, which is $17 (2%) higher than Urbana.