University of Illinois Urbana-Champaign

Enrollment

Of 59,238 students enrolled in fall 2024, 37,140 were undergraduates and 22,098 graduate students. 16% studied exclusively online, students who don't need a bed near campus. Headcount rose by 2,675 from fall 2023 (+4.7%).

Housing the college controls

IPEDS counts 15,736 beds of institutionally controlled housing for 2024-25. That figure is the school's own capacity, on or off campus, so it includes halls the college leases or manages but not private buildings that simply market to students. Capacity shrank by 30 beds from the year before (15,766 in 2023-24). The school requires all full-time, first-time students to live in college housing, so the first-year class fills a known share of those beds every fall.

What students pay

The school can't split food from housing, so it reports one combined 2024-25 charge: $14,020 for the academic year.

Those are the college's own figures. Private by-the-bed rents near campus can sit well above or below them, so check current asking rents before you underwrite a project.

How lenders read a campus like this

With 59,238 students, most of them full-time, the campus clears the 10,000-student minimum in Fannie Mae's Multifamily Guide for Dedicated Student Housing (Part III, Chapter 1, section 103.01, effective September 28, 2026). Under sections 103.01 and 103.03 a property still has to sit within 2 miles of the campus boundary or near a college-run transit line, have operated a full school year, and lease at least 80% of units for 12 months.

To size a specific property, use the student housing loan sizer. It works by the bed and shows which constraint sets the loan.

Among the 21 Illinois campuses on this site, University of Illinois Urbana-Champaign ranks first by full-time students beyond college housing. See the Illinois table.