Cheap Apartments for Rent in the 62703 ZIP Code of Springfield, IL from $300 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 62703 ZIP Code area of Springfield.

property at 1901 S 15th St

$795 - $850

1 Bedroom Rentals

Available Now

1901 S 15th St

SpringfieldIL62703
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2925 Taylor Ave
1 to 2 Bedroom Apartments

2925 Taylor Ave

2925 Taylor AveSpringfield, IL 62703
  • Utilities Included
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2501-2621 Bluebird St
1 to 2 Bedroom Apartments

2501-2621 Bluebird St

2501-2621 Bluebird StSpringfield, IL 62703
  • Utilities Included

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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Timberlake Estates
1 to 2 Bedroom Apartments

Timberlake Estates

2423 Taylor AveSpringfield, IL 62703
Senior Living
  • Utilities Included
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909 S 8th St
1 to 2 Bedroom Apartments

909 S 8th St

909 S 8th StSpringfield, IL 62703
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Butler Place
2 Bedroom Apartments

Butler Place

3100 Butler StSpringfield, IL 62703
  • Utilities Included
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Lake Shore Apartments
1 to 2 Bedroom Apartments

Lake Shore Apartments

110 W Lake Shore DrSpringfield, IL 62703
  • 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 525 E Pine St

$1,050 - $1,200

2 Bedroom Rentals

Available Now

525 E Pine 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.

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803 W Edwards St, Unit C
$680
Total Monthly Price

Total Monthly Price

Base Rent
$680
Total Monthly Price
$680
Studio Apartment Available Now

803 W Edwards St, Unit C

803 W Edwards StSpringfield, IL 62704
Affordability
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property at 229 W Allen St

$850 - $1,250

1 To 3 Bedroom Rentals

Available Now

229 W Allen St

SpringfieldIL62704

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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property at 222 E Lawrence Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

222 E Lawrence Ave

SpringfieldIL62704
property at 814 W Highland Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

814 W Highland Ave

SpringfieldIL62704
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Dorset Apartments
1 Bedroom Apartments

Dorset Apartments

1017-1021 S Spring StSpringfield, IL 62704
  • Utilities Included
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632 S Walnut St
1 Bedroom Apartments

632 S Walnut St

632 S Walnut StSpringfield, 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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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 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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.