
Cheap Homes for Rent in the 62703 ZIP Code of Springfield, IL from $300 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the 62703 ZIP Code area of Springfield.


1616 S 7th St

2160 S Martin Luther King Jr Dr

825 Ruth Ave

229 W Allen St

2109 S Martin Luther King Jr Dr
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.

2136 S 9th St

2155 S 13th St

1805 E Morgan Ave

229 S Paul St

160 Forrest Ave

2213 E Adams St
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.

222 E Lawrence Ave

525 W Cook St

814 W Highland Ave

2517 Yale Blvd

6600 6th Street Frontage Rd E, Unit 206

3332 Buckner St
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.

2360 S 9th St

525 E Pine St

2207 E Cedar St

1929 E Spruce St

1314 S 8th St

143 S Wesley St
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.

57 Bonnie Ct

3137 S 2nd St
Springfield, IL Local Guide

How much does it cost to rent an apartment in Springfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 62703 2 Bedroom Homes for Rent | $1,054 | $725 | $3,784 |
| 62703 3 Bedroom Homes for Rent | $1,713 | $1,387 | $2,110 |
Browse Homes for Rent in the 62703 Zip Code of Springfield
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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

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.

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.

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.

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.