Cheap Apartments for Rent in the 62702 ZIP Code of Springfield, IL from $300 (53 Rentals)

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

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618 N 5th St, Unit #3
$750
Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750
1 Bedroom Apartment Available Now

618 N 5th St, Unit #3

618 N 5th StSpringfield, IL 62702
Furnished
  • Smoke Free
property at 412 Rafter St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

412 Rafter St

SpringfieldIL62702

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.

property at 925 N Wesley St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 2 Bath Home for Rent

Available Now

925 N Wesley 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

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Spring Creek Townhomes
2 to 3 Bedroom Apartments

Spring Creek Townhomes

146 Springcreek DrSpringfield, IL 62702
  • Utilities Included

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.

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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

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.

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 $595 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 $1,425 at SLICK ROCK 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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.