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Home / Champaign, IL Area Apartments / Urbana / 405 E Michigan Ave
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Updated 14 hours ago

405 E Michigan Ave


Urbana, IL

4 Bed
•
2 Bath

2,058 Sq. Ft.

Available starting Aug. 1st
Floor plans
4 Beds • 2 Bath
$2,400
2058 ft2
1 Available
Managed By: Darrin Lund
Beautiful Home Located in Historic Urbana
$2,400
Available Aug 1st, 2025
View
4 Beds • 2 Bath
$2,400
2058 ft2
1 Available
Managed By: Joel Ward Homes, Inc.
-
$2,400
Available Aug 1st, 2025
View
Where you'll live
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405 E Michigan Ave
405 E Michigan Ave
405 E Michigan Ave
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Additional Details
Total Unit Count: 1
Last Updated: Updated 14 hours ago
Contact Number: (217) 863-1777
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Photos Floor Plans
Renters Also Viewed
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 405 E Michigan Ave by bedroom type below.
4 Bedroom
Suggested income:
$86,400
per year
Rent report

405 E Michigan Ave Rent vs. Urbana Average

 405 E Michigan Ave      Urbana Average
4BR
$2,400
$1,545
$0
$800
$1,600
$2,400
$3,200

405 E Michigan Ave is asking 55% more than the average 4 bedroom apartment in Urbana.

If you downsized to an average priced Urbana 3 bedroom apartment, you would pay 7% less per month.

405 E Michigan Ave provides 57% more square footage than the average Urbana 4 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
405 E Michigan Ave
4BR $2,400 $1.20 $7,200
Urbana Average
Studio $854 $1.60 $2,562
1BR $801 $1.40 $2,404
2BR $1,094 $1.30 $3,281
3BR $1,448 $1.20 $4,344
4BR $1,545 $1.20 $4,634

Availability in Urbana

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 126 2BR units on the market in Urbana. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
6% 17% 43% 13% 19%
Available Units in Urbana
Studio 18
1BR 49
2BR 126
3BR 39
4BR 55
Location
Nearby Colleges

University of Illinois at Urbana-Champaign

Parkland College

Campus Buildings and Attractions
Distance Walking Biking Driving
Campus Recreation Center 1.3 mi 25 min 10 min 4 min
Main Library 1.6 mi 31 min 10 min 5 min
Illini Union 1.8 mi 34 min 12 min 5 min
Engineering Quadrangle 2.0 mi 38 min 13 min 5 min
Nearby Hospitals
Name Distance
The Carle Foundation Hospital 1.25 mi.
Osf Healthcare System Heart Of Mary Medical Center 1.71 mi.
The Pavilion Foundation 3.09 mi.
Nearby Fire Stations
Name Distance
Urbana Fire Department 0.6 mi.
Harmon Fire Department 1.04 mi.
Edge Scott Fire Protection District 1.5 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on August 01, 2025.
What's the square footage of the available units?
It's 2,058 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 4 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
405 E Michigan Ave has a 4 bedroom unit starting at $2,400.
Where is this property located?
This property is at 405 E Michigan Ave in Urbana, IL. It's 0.6 miles south from the center of Urbana.
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