Cheap Apartments for Rent in the 62707 ZIP Code of Springfield, IL from $300 (84 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 62707 ZIP Code area of Springfield.

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

2020 N 16th St

SpringfieldIL62702
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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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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 250 S Durkin Dr
$1,275

Total Monthly Price

Base Rent$1,275
Total Monthly Price$1,275
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Family Friendly

250 S Durkin Dr, Unit 8

250 S Durkin Dr
SpringfieldIL62704
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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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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

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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Winch Lane Apartments
1 to 2 Bedroom Apartments

Winch Lane Apartments

1301-1305 Winch LnSpringfield, IL 62702
  • Utilities Included
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Watertower Place
2 Bedroom Apartments

Watertower Place

1014 N 5th StRiverton, IL 62561
  • 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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811 Reisch
1 Bedroom Apartments

811 Reisch

811 Reisch StSpringfield, IL 62702
  • Utilities Included
property at 422 S Lincoln Ave
$750

Total Monthly Price

Base Rent$750
Total Monthly Price$750
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

422 S Lincoln Ave

SpringfieldIL62704
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Monroe Gardens
1 to 2 Bedroom Apartments

Monroe Gardens

850 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 1-50, Page 1 of 2

Frequently Asked Questions about Cheap the 62707 ZIP Code Apartments

How much is rent for a Cheap One Bedroom 62707 Apartment?

The lowest price for a Cheap One Bedroom 62707 Apartment is $984 at Grayson Park Apartment Homes.

What is the lowest price for a Cheap Two Bedroom 62707 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 62707 is starting from $1,284 at Grayson Park Apartment Homes.

What is the most affordable 62707 Three Bedroom Apartment?

The best deal on a cheap 62707 Three Bedroom Apartment rental is at Village at the Crossroads and starts from $1,351.

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

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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.