Cheap Apartments for Rent in the 62702 ZIP Code of Springfield, IL from $300 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 62702 ZIP Code area of Springfield.

property at 2020 N 16th St
$800
1 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2020 N 16th St

SpringfieldIL62702
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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.

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property at 1234 N 6th St
$1,400
Studio, 1 Bath Home for Rent
Available Now

1234 N 6th St

SpringfieldIL62702
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University Villa
Studio to 2 Bedroom Apartments

University Villa

407 W Calhoun AveSpringfield, IL 62702
  • Utilities Included
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Winch Lane Apartments
1 to 2 Bedroom Apartments

Winch Lane Apartments

1301-1305 Winch LnSpringfield, IL 62702
  • Utilities Included
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811 Reisch
1 Bedroom Apartments

811 Reisch

811 Reisch StSpringfield, IL 62702
  • Utilities Included

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.

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property at 300 Forrest Ave
$899
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

300 Forrest Ave

SpringfieldIL62702
property at 160 Forrest Ave
$1,059
3 Bedroom, 2 Bath Home for Rent
Available Now

160 Forrest Ave

SpringfieldIL62702

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.

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Spring Creek Townhomes
2 to 3 Bedroom Apartments

Spring Creek Townhomes

146 Springcreek DrSpringfield, IL 62702
  • Utilities Included

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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SHP at Governor Place
1 to 2 Bedroom Apartments

SHP at Governor Place

1021 W Governor StSpringfield, IL 62704
  • Utilities Included
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Briarwood West
2 Bedroom Apartments

Briarwood West

150 S Durkin DrSpringfield, IL 62704
  • Utilities Included

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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Showing Results 1-42, Page 1 of 1

Frequently Asked Questions about Cheap the 62702 ZIP Code Apartments

How much is rent for a Cheap One Bedroom 62702 Apartment?

The lowest price for a Cheap One Bedroom 62702 Apartment is $695 at Monument Studios.

What is the lowest price for a Cheap Two Bedroom 62702 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 62702 is starting from $1,395 at Summit View Apartments.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.