Champaign, IL Real Estate
Champaign is a city in Champaign County, Illinois with a population of about 88,822. The median home value is near $199,700, and median rent runs around $1,103/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$199,700
Median Rent
$1,103/mo
Population
88,822
Median Income
$57,544
Median Age
27.1
Homeownership
44.9%
Monthly payment on a median Champaign home
Example for a $199,700 home: 20% down, 30-yr at ~6.75%, IL property tax ~2.05%, 0.4% insurance.
Est. monthly (PITI)
$1,444
Principal & interest
$1,036
Property tax / mo
$341
Down payment (20%)
$39,940
Champaign at a glance
- 22.8% of residents 25+ hold a bachelor's degree or higher.
- 44.9% of occupied homes are owner-occupied.
- Median household income is $57,544.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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