Champaign County, Illinois, is facing a housing shortage that has caused home prices and rents to rise, leaving many families unable to find or afford housing. The median sales price of a home in Champaign County has increased by 14 percent over the past year and 44 percent of renters in the county are “costburdened,” spending 30 percent or more of their incomes on housing. Housing affordability has worsened in Champaign County, but the area remains more affordable than the rest of the United States.
As of July 2025:
- Champaign County’s average home value was $224,000, up 37 percent since 2019.
- Champaign County’s average rent was over $1,300 per month, up 41 percent since 2019.
- Both home values and rental rates are lower in Champaign County than the U.S. average ($360,000 and about $2,000 per month, respectively).