Cheap Homes for Rent in Springfield Neighborhood of Dayton, OH from $500 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the Springfield area of Dayton.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Best Value Apartments for Rent in Springfield, OH

As of April 15, 2026 the best value apartment in the Springfield area is the $1.08 price per square foot 1328 St Adalbert Ave Model at 1328 St Adalbert Ave, Unit 3 in the in the Grafton Hill neighborhood starting from $1,000. The second greatest value Springfield apartment is the 1338 St Adalbert Ave Model at 1338 St Adalbert Ave, Unit 2 starting at $1,000 with a $1.43 price per square foot in the Grafton Hill neighborhood. Here is today’s list of the best values for Springfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1328 St Adalbert Ave, Unit 31328 St Adalbert Ave2BR,1BA$1.08
1338 St Adalbert Ave, Unit 21338 St Adalbert Ave2BR,1BA$1.43

Frequently Asked Questions about Springfield

What type of rentals are currently available in Springfield?

There are currently 68 Apartments for Rent in Springfield, OH with pricing that ranges from $550 to $1,000. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $550 to $1,600.

What is the current price range for Rental Homes in Springfield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Springfield ranges from $550 to $1,600 with an average monthly rent of $1,019.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH

Written by: Kim Mooneyham

Once an industrial powerhouse in southwest Ohio, Dayton is gradually changing from a strictly blue-collar city to a light blue-collar/white-collar city with education, tech, and urban development opportunities.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.