Rental numbers for the Champaign, IL metro
The typical home here runs -$833 a month at 7.78% with 25% down. 0 of 8 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.2%.
- Gross yield
- 6.9%
- typical home, Zillow
- Median ZIP yield
- 7.2%
- 8 ZIPs with full data
- Cash flow
- -$833/mo
- at 7.78%, 25% down
- Typical price
- $240,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,368/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
32 with published figures
| 61882Weldon | $139,000 | $1,080* | 9.3% | 3.9% | -$294 | n/a |
| 61821Champaign | $207,000 | $1,602 | 9.3% | 4.1% | -$403 | +6.3% |
| 61818Cerro Gordo | $152,000 | $1,120* | 8.9% | 3.5% | -$377 | n/a |
| 61913Atwood | $133,000 | $980* | 8.8% | 3.5% | -$325 | n/a |
| 61956Villa Grove | $138,000 | $980* | 8.5% | 3.4% | -$358 | n/a |
| 61820Champaign | $187,000 | $1,305 | 8.4% | 3.4% | -$476 | +4.9% |
| 61929Hammond | $145,000 | $980* | 8.1% | 2.9% | -$436 | n/a |
| 60957Paxton | $157,000 | $1,020* | 7.8% | 2.4% | -$528 | n/a |
| 61866Rantoul | $141,000 | $877 | 7.5% | 1.9% | -$534 | +6.6% |
| 61878Thomasboro | $159,000 | $980* | 7.4% | 2.1% | -$576 | n/a |
| 61839De Land | $161,000 | $980* | 7.3% | 2.0% | -$598 | n/a |
| 61801Urbana | $192,000 | $1,167 | 7.3% | 2.0% | -$716 | n/a |
| 61859Ogden | $225,000 | $1,320* | 7.0% | 2.4% | -$758 | n/a |
| 61802Urbana | $224,000 | $1,316 | 7.0% | 2.2% | -$791 | n/a |
| 61830Cisco | $193,000 | $1,130* | 7.0% | 2.6% | -$624 | n/a |
| 61813Bement | $176,000 | $980* | 6.7% | 1.7% | -$705 | n/a |
| 61849Homer | $192,000 | $1,040* | 6.5% | 2.0% | -$717 | n/a |
| 61822Champaign | $333,000 | $1,728 | 6.2% | 1.7% | -$1,329 | n/a |
| 61877Sidney | $238,000 | $1,230* | 6.2% | 2.1% | -$864 | n/a |
| 61854Mansfield | $229,000 | $1,170* | 6.1% | 1.7% | -$917 | n/a |
| 61853Mahomet | $352,000 | $1,789 | 6.1% | 1.8% | -$1,372 | n/a |
| 61872Sadorus | $206,000 | $1,020* | 5.9% | 1.9% | -$791 | n/a |
| 61863Pesotum | $216,000 | $980* | 5.5% | 1.5% | -$889 | n/a |
| 61864Philo | $266,000 | $1,180* | 5.3% | 1.3% | -$1,143 | n/a |
| 61847Gifford | $232,000 | $980* | 5.1% | 0.8% | -$1,093 | n/a |
| 61843Fisher | $238,000 | $980* | 5.0% | 0.8% | -$1,118 | n/a |
| 61874Savoy | $357,000 | $1,466 | 4.9% | 0.8% | -$1,676 | n/a |
| 61856Monticello | $284,000 | $1,140* | 4.8% | 0.9% | -$1,323 | n/a |
| 61875Seymour | $304,000 | $1,210* | 4.8% | 0.2% | -$1,583 | n/a |
| 61880Tolono | $251,000 | $980* | 4.7% | 0.8% | -$1,190 | n/a |
| 61873Saint Joseph | $293,000 | $980* | 4.0% | 0.0% | -$1,567 | n/a |
| 61884White Heath | $376,000 | $1,120* | 3.6% | 0.2% | -$1,972 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +5.3%
- Rent, 12 months
- +4.8%
- Rent minus price growth
- -0.4 pts
- Property tax
- 1.95%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $183,036 | $997 |
| Aug 2022 | $199,760 | $1,090 |
| Aug 2023 | $205,608 | $1,144 |
| Aug 2024 | $216,872 | $1,230 |
| Aug 2025 | $227,704 | $1,305 |
| Aug 2026 | $239,660 | $1,368 |
Counties
- Ford County, ILn/a median yield
- Champaign County, IL7.2% median yield
- Piatt County, ILn/a median yield
- De Witt County, ILn/a median yield
- Douglas County, IL5.7% median yield
Tools
Questions
- Is the Champaign, IL metro good for rental property?
- The typical home here runs -$833 a month at 7.78% with 25% down. 0 of 8 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.2%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Champaign, IL metro have the highest rental yield?
- 61821 (Champaign) at 9.3%, 61820 (Champaign) at 8.4%, 61866 (Rantoul) at 7.5%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.