STR Investment Grade
Transparent ScoringSTRs Generally Permitted
STRs generally allowed with standard permits
No major restrictions known. Standard registration and tax collection may be required. Check local ordinances for specific requirements.
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Why Champaign?
Urban MarketWhat drives short-term rental demand here
Business travel, events, and tourism create consistent year-round occupancy in city centers.
Strong traveler demand supports a competitive market with proven revenue potential.
Will This Deal Work?
Marginal opportunity. Returns may be limited - consider negotiating or other markets.
Market estimates · Updated Feb 2026
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📋 Regulation Status
Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.
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Apply NowChampaign, Illinois is rated C for Airbnb investment with a score of 51/100 (HOLD). The market has an average daily rate (ADR) of $96, 68% occupancy, and estimated monthly STR revenue of $1,958. Median home value is $225,446 with a cash-on-cash return of 1.7%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.