2013 S Spring St
SpringfieldIL62704
Cheap Homes for Rent in Springfield, IL from $700 (26 Rentals)
Search the lowest-cost Homes available for rent right now in Springfield.
2110 Bradley Ct
SpringfieldIL62703
205 W Allen St
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.
3048 S 11th St
SpringfieldIL62703
629 W Washington St
SpringfieldIL62702
419 N 1st St
SpringfieldIL62702
201 W Allen St
SpringfieldIL62704
131 S Douglas Ave
SpringfieldIL62704
831 N 9th St
SpringfieldIL62702
1616 S 7th St
SpringfieldIL62703
109 S Walnut St
SpringfieldIL62704
409 W Carpenter St
SpringfieldIL62702
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.
300 Forrest Ave
SpringfieldIL62702
2647 Poplar Ave
SpringfieldIL62703
2160 E Reservoir St
GrandviewIL62702
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.
1031 N Franklin Ave
SpringfieldIL62702
1962 S Martin Luther King Jr Dr
SpringfieldIL62703
2236 S 14th St
SpringfieldIL62703
2705 S Glenwood Ave
SpringfieldIL62704
1024 3 S College St
SpringfieldIL62704
142 S Wesley St
SpringfieldIL62703
151 S Durkin Dr
SpringfieldIL62704
2831 S 12th St
SpringfieldIL62703
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.
430 W Edwards St
SpringfieldIL62704
239 White City Blvd
SpringfieldIL62703
1715 Clay St
SpringfieldIL62703
Showing Results 1-26, Page 1 of 1
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 a home in Springfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Springfield 2 Bedroom Homes for Rent | $1,078 | $750 | $1,600 |
| Springfield 3 Bedroom Homes for Rent | $1,561 | $999 | $2,700 |
| Springfield 4 Bedroom Homes for Rent | $2,407 | $1,675 | $2,995 |
| Springfield 5 Bedroom Homes for Rent | $2,077 | $1,110 | $3,500 |
Browse Top Homes for Rent in Springfield
Explore Springfield
Springfield, IL Local Guide
- Springfield Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Springfield, IL
Pricing Updated: 06/08/2025Current apartment rentals in the Springfield, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Springfield Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Springfield | $2,250 | $700 | 48 |
| Enos Park | $2,250 | $750 | 37 |
Cheapest Available Springfield Apartments for Rent
The cheapest available apartment rental in Springfield, IL is a Studio unit found at The Hickox Collection in the Downtown Springfield neighborhood priced from $628. Denison Place in the Downtown Springfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Springfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hickox Collection | The Hickox | Studio,1BA | $628 |
| Denison Place | One Bedroom | 1BR,1BA | $675 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
| 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 |
| Butler Place | 2 Beds, 1 Baths | 2BR,1BA | $850 |
| Smart Choice Park | 1 Bedroom Unit-Standard | 1BR,1BA | $875 |
| Ravenwood Townhomes | Townhome | 2BR,1BA | $875 |
Best Value Apartments for Rent in Springfield, IL
As of June 08, 2025 the best value apartment in the 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 Springfield apartment is the Townhome Model at Ravenwood Townhomes starting at $875 with a $0.88 price per square foot . Here is today’s list of the best values for 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 |
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
| 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 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Denison Place | One Bedroom | 1BR,1BA | $0.84 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the Springfield area?
If you’re an expert on all things Springfield, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Springfield
What type of rentals are currently available in Springfield?
There are currently 191 Apartments for Rent in Springfield, IL with pricing that ranges from $575 to $3,600. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $700 to $3,500.
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 $700 to $3,500 with an average monthly rent of $1,446.
How much are larger Three and Four Bedroom Rentals in Springfield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Springfield range from $975 to $2,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $999 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,675 and Four Bedroom Apartments start at $1,500.
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.