Performance indicators for the Champaign short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Champaign.
Loading top listings...
Challenging to Investors
Short-term rentals are legal under Illinois but subject to local municipal rules, and Urbana lacks published STR-specific regulations in the provided content; investors must navigate unknown local caps, zoning, fees, reporting, and enforcement, creating compliance uncertainty and moderate investment risk.
Local STR Agent
STR specialist · Champaign, IL
Champaign, Illinois, is a vibrant city located in Champaign County in the central part of the state. It has a population of approximately 88,000 residents and is positioned around 135 miles south of Chicago, the closest major city. Champaign forms part of the Champaign-Urbana metropolitan area, which is home to the University of Illinois at Urbana-Champaign, one of the premier public research universities in the United States, adding a youthful and dynamic atmosphere to the city.
Key attractions in Champaign include the Krannert Art Museum Krannert Art Museum, which offers a diverse collection of art spanning various cultures and historical periods, and the Orpheum Children's Science Museum Orpheum Children's Science Museum, which provides engaging, hands-on educational activities for children. Additionally, the city's vibrant downtown area, known for its assortment of dining, shopping, and entertainment venues, further enhances its appeal for short-term visitors.
Champaign's proximity to natural attractions like the Allerton Park and Retreat Center Allerton Park and Retreat Center allows for quick getaways to explore its vast gardens, sculptures, and trails, offering visitors a blend of urban and rural experiences.
In summary, Champaign, IL's combination of a strong educational presence, cultural landmarks, thriving downtown scene, and accessible natural beauty make it a compelling destination for short-term rentals.