Cheap Apartments for Rent in the 62703 ZIP Code of Springfield, IL from $300 (70 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
Affordability

1901 S 15th St

SpringfieldIL62703
property at 2528 S 7th St
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

2528 S 7th St

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.

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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
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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

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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Lake Shore Apartments
1 to 2 Bedroom Apartments

Lake Shore Apartments

110 W Lake Shore DrSpringfield, IL 62703
  • Utilities Included
property at 525 E Pine St
$1,050 - $1,200
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

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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property at 1610 S Spring St
$850
2 Bedroom Rentals
Available Now
Affordability

1610 S Spring St

SpringfieldIL62704
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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 515 S Grand Ave W
$1,250

Total Monthly Price

Base Rent$1,250
Total Monthly Price$1,250
1 Bedroom, 2 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

515 S Grand Ave W, Unit I

515 S Grand Ave W
SpringfieldIL62704
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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 1-50, Page 1 of 2

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 How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.