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Watch Street
2100-2160 E Watch AveSpringfield, IL 62702
Cheap Apartments for Rent in the Downtown Springfield Neighborhood of Springfield, IL from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Springfield area of Springfield.
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from $628Studio to 1 Bedroom Apartments Available Now
The Hickox Collection
631 S 4th StSpringfield, IL 62703
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from $675Studio to 2 Bedroom Apartments Available Now
Safe Harbor Properties
437 W Edwards StSpringfield, IL 62704
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from $7801 to 2 Bedroom Apartments Available Now
Meadow View Landing
2801 Montaluma DrSpringfield, IL 62704
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from $7991 to 2 Bedroom Apartments Available Now
Lincoln Tower Apartments
520 S 2nd StSpringfield, IL 62701
860 Loraine Ave
SpringfieldIL62704
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
105 Outer Park Dr
SpringfieldIL62704
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from $8251 to 2 Bedroom Apartments Available Now
Whispering Pines Apartments
2473 Ladley CtSpringfield, IL 62703
1110 N 7th St
SpringfieldIL62702
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from $8752 Bedroom Apartment Available Now
102 S Glenwood Ave, Unit Bottom Unit
102 S Glenwood AveSpringfield, IL 62704
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from $8751 to 2 Bedroom Apartments Available Now
Smart Choice Park
300 N Park AveSpringfield, IL 62702
325 S Lincoln Ave
SpringfieldIL62704
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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2013 S Spring St
SpringfieldIL62704
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
629 W Washington St
SpringfieldIL62702
205 W Allen St
SpringfieldIL62704
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417 E Cook St
SpringfieldIL62703
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419 N 1st St
SpringfieldIL62702
201 W Allen St
SpringfieldIL62704
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831 N 9th St
SpringfieldIL62702
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
131 S Douglas Ave
SpringfieldIL62704
1616 S 7th St
SpringfieldIL62703
109 S Walnut St
SpringfieldIL62704
Showing Results 1-34, Page 1 of 1
Downtown Springfield, Springfield, IL Local Guide
The Illinois State Capitol as seen from Capitol Avenue by Éovart Caçeir is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Downtown Springfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Springfield Studio Apartments | $726 | $628 | $825 |
| Downtown Springfield 1 Bedroom Apartments | $889 | $575 | $1,350 |
| Downtown Springfield 2 Bedroom Apartments | $1,154 | $625 | $2,710 |
| Downtown Springfield 3 Bedroom Apartments | $1,242 | $975 | $1,390 |
| Downtown Springfield 4 Bedroom Apartments | $1,620 | $1,620 | $1,620 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Downtown Springfield Neighborhood of Springfield, IL.
See all Apartments in SpringfieldExplore Springfield
Downtown Springfield, Springfield, IL Local Guide
- Nearby Springfield neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Springfield Apartments for Rent
The cheapest available apartment rental in the Downtown Springfield area of Springfield, IL is a Studio unit found at The Hickox Collection priced from $628. Denison Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Downtown Springfield apartments for rent in Springfield, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hickox Collection | The Hickox | Studio,1BA | $628 |
| Denison Place | One Bedroom | 1BR,1BA | $675 |
| Meadow View Landing | 1 Bedroom/1 Bath | 1BR,1BA | $780 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $799 |
| Whispering Pines Apartments | 1 Bed, 1 Bath | 1BR,1BA | $825 |
| Safe Harbor Properties | 1 Bdr 1 Bath with Balcony. WiFi Included. | 1BR,1BA | $845 |
| Smart Choice Park | 1 Bedroom Unit-Standard | 1BR,1BA | $875 |
| 3TEN | B1 | 2BR,1BA | $904 |
Best Value Apartments for Rent in Downtown Springfield, IL
As of June 12, 2025 the best value apartment in the Downtown Springfield area is the $0.78 price per square foot 102 S Glenwood Ave Model at 102 S Glenwood Ave, Unit Bottom Unit in the in the Downtown Springfield neighborhood starting from $875. The second greatest value Downtown Springfield apartment is the 2 Bedroom 1 Bath South Model at Orchard Park starting at $1,125 with a $1.14 price per square foot in the Downtown Springfield neighborhood. Here is today’s list of the best values for Downtown Springfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 102 S Glenwood Ave, Unit Bottom Unit | 102 S Glenwood Ave | 2BR,1BA | $0.78 |
| Orchard Park | 2 Bedroom 1 Bath South | 2BR,1BA | $1.14 |
| Safe Harbor Properties | Walk to work. Capitol View. WIFI Included. | 2BR,1BA | $1.03 |
| 1221 W Washington St, Unit 2 | 1221 W Washington St | 2BR,1BA | $1.06 |
| 3TEN | B1 | 2BR,1BA | $1.03 |
| 2000 S Douglas Ave, Unit 3 | 2000 S Douglas Ave | 2BR,1BA | $1.11 |
| 721 South Grand Ave W | One Bedroom | 1BR,1BA | $1.24 |
| Denison Place | One Bedroom | 1BR,1BA | $0.84 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| Meadow View Landing | 1 Bedroom/1 Bath | 1BR,1BA | $1.16 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Springfield, Springfield, IL
Ranked #1
Among neighborhoods in Springfield, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Springfield, Springfield, IL
McClernand Elementary School
Springfield School District 186
Public School - Grades K-5 (191)
2 out of 10
School data provided by Great Schools
Getting Around the Downtown Springfield Neighborhood in Springfield, IL
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
76 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
49 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Springfield Apartments
What is the Cheapest Studio apartment in Downtown Springfield?
Currently the most affordable Cheap Studio Apartment in Downtown Springfield is at The Hickox Collection listed at $628.
How much is rent for a Cheap One Bedroom Downtown Springfield Apartment?
The lowest price for a Cheap One Bedroom Downtown Springfield Apartment is $675 at Denison Place.
What is the lowest price for a Cheap Two Bedroom Downtown Springfield Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Springfield is starting from $904 at 3TEN.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.