Safe Rate Local
Learn about the people, housing, costs and businesses in Champaign, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Champaign.
True all-in cost — P&I, taxes, insurance & utilities for homes in Champaign.
Find and compare lenders active near Champaign.
FEMA flood zones and flood insurance estimates for Champaign.
Seismic risk and earthquake insurance estimates for Champaign.
Wildfire exposure and insurance estimates for Champaign.
As of today, the 30-year fixed mortgage rate for Champaign is approximately 7.017% (7.027% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for ChampaignThe median home value in Champaign is $206k. The median monthly rent is $1,109. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Champaign have increased 17.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,162/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Champaign is $58k/year.
Calculate your buying powerThe largest employment sectors in Champaign are public administration (41%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.