Champaign, IL Real Estate

According to census data in the year 2000 there were 28,605 housing units in Champaign. This represents a 10% growth from 25,996 in 1990.

Of those housing units, 28,582 were located in either urbanized areas or urban clusters, and 23 were located in what is classified as a rural area.

Homeownership rate in Champaign is about 47.4%. Champaign's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Champaign were built after 1969.


Housing Size

Housing Units by Size
Studio Type5.60%
One Bedroom17.20%
Two Bedrooms27.90%
Three Bedrooms33.80%
Four Bedrooms12.60%
Five Bedrooms or more2.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1964
Median Value of occupied units$91,300
Median Price asked for vacant units$99,600

Rented Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1973
Median Monthly Rent asked for vacant units$483

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.10%
Home Equity Loan7.20%
Simple Mortgage57.70%
Debt Free28.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17%