102 E Scarritt St, Unit 5
102 E Scarritt St
SpringfieldIL62704
Cheap Homes for Rent in the Downtown Springfield Neighborhood of Springfield, IL from $800 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Springfield area of Springfield.
811 W Edwards St
SpringfieldIL62704
616 New St
SpringfieldIL62704
300 Forrest Ave
SpringfieldIL62702
619 S 5th St
SpringfieldIL62703
2160 S Martin Luther King Jr Dr
SpringfieldIL62703
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1428 N 11th St
SpringfieldIL62702
2150 S 10th St
SpringfieldIL62703
229 W Allen St
SpringfieldIL62704
2136 S 9th St
SpringfieldIL62703
1408 N 15th St
SpringfieldIL62702
1912 S 2nd St
SpringfieldIL62704
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
1137 N 4th St
SpringfieldIL62702
20 Grand Valley Dr
SpringfieldIL62702
2150 S Martin Luther King Jr Dr
SpringfieldIL62703
525 W Cook St
SpringfieldIL62704
820 S Pasfield St
SpringfieldIL62704
2163 S 17th St
SpringfieldIL62703
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
31 Imperial Valley Dr
SpringfieldIL62702
1710 E Moffat Ave
SpringfieldIL62702
Showing Results 1-20, Page 1 of 1
Downtown Springfield, Springfield, IL Local Guide
How much does it cost to rent a home in Downtown Springfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Springfield 2 Bedroom Homes for Rent | $1,154 | $900 | $1,350 |
| Downtown Springfield 3 Bedroom Homes for Rent | $1,246 | $1,000 | $1,550 |
| Downtown Springfield 4 Bedroom Homes for Rent | $1,833 | $1,600 | $2,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Downtown Springfield Neighborhood of Springfield, IL.
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Downtown Springfield, Springfield, IL Local Guide
- Nearby Springfield neighborhoods
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Cheapest Available Downtown Springfield Apartments for Rent
The cheapest available apartment rental in the Downtown Springfield area of Springfield, IL is a 1 Bed unit found at 909 S 8th St priced from $800. Safe Harbor Properties has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Downtown Springfield apartments for rent in Springfield, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 909 S 8th St | 1 Beds, 1 Baths | 1BR,1BA | $800 |
| Safe Harbor Properties | 1 Bdr/ 1 Bath Private Balcony Capitol Views | 1BR,1BA | $895 |
| Capitol Plaza Apartments | One Bedroom, One Bath | 1BR,1BA | $896 |
| Smart Choice Park | 1 Bedroom Unit-Standard | 1BR,1BA | $925 |
| 731 South Grand Ave W | 1/1 | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Downtown Springfield, IL
As of September 05, 2026 the best value apartment in the Downtown Springfield area is the $1.50 price per square foot 2 Bedroom Townhouse - Available Model at Lincoln Square Apartments in the in the Downtown Springfield neighborhood starting from $1,650. The second greatest value Downtown Springfield apartment is the 1530 S 4th St Model at 1530 S 4th St, Unit 1 starting at $1,025 with a $1.03 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. |
|---|---|---|---|
| Lincoln Square Apartments | 2 Bedroom Townhouse - Available | 2BR,1.5BA | $1.50 |
| 1530 S 4th St, Unit 1 | 1530 S 4th St | 1BR,1BA | $1.03 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $1.08 |
| 1221 W Washington St, Unit 2 | 1221 W Washington St | 2BR,1BA | $1.01 |
| 115 W Lawrence Ave, Unit C | 115 W Lawrence Ave | 1BR,1BA | $1.09 |
| 731 South Grand Ave W | 1/1 | 1BR,1BA | $1.31 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.41 |
| Smart Choice Park | 1 Bedroom Unit-Standard | 1BR,1BA | $1.32 |
| The District Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.69 |
| 909 S 8th St | 1 Beds, 1 Baths | 1BR,1BA | $1.45 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleDowntown Springfield, Springfield, IL
Ranked #1
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Downtown Springfield, Springfield, IL
McClernand Elementary School
Springfield School District 186
Public School - Grades K-5 (210)
4 out of 10
School data provided by Great Schools
Frequently Asked Questions about Downtown Springfield
What type of rentals are currently available in Downtown Springfield?
There are currently 100 Apartments for Rent in Downtown Springfield, IL with pricing that ranges from $675 to $3,501. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Springfield ranging from $800 to $2,300.
What is the current price range for Rental Homes in Downtown Springfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Springfield ranges from $800 to $2,300 with an average monthly rent of $1,176.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.