Cheap Homes for Rent in Springfield, OH from $500 (13 Rentals)

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property at 241 Chestnut Ave

241 Chestnut Ave

SpringfieldOH45503

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Springfield, OH Local Guide

Cheapest Neighborhoods for Apartments in Springfield, OH

Pricing Updated: 06/18/2025

Current apartment rentals in the Springfield, OH area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Springfield Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Springfield$1,835$64523

Cheapest Available Springfield Apartments for Rent

 

The cheapest available apartment rental in Springfield, OH is a Studio unit found at Aster Court Apartments in the Springfield neighborhood priced from $650. Springfield Greenlawn Arbors in the Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $690. Here is today’s list of the most affordable Springfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aster Court ApartmentsStudioStudio,1BA$650
Springfield Greenlawn ArborsStudioStudio,1BA$690
Coventry VillageOne Bedroom One Bath1BR,1BA$865
Jeffrey PlaceJeffrey Place1BR,1BA$874
Governor's Manor1 Bedroom1BR,1BA$895

Best Value Apartments for Rent in Springfield, OH

As of June 18, 2025 the best value apartment in the Springfield area is the $1.43 price per square foot 2BDGA Model at Northridge Apartments in the in the Springfield neighborhood starting from $1,200. The second greatest value Springfield apartment is the 1 Bedroom Deluxe Model at Cornerstone Apartments starting at $950 with a $1.19 price per square foot in the Springfield neighborhood. Here is today’s list of the best values for Springfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Northridge Apartments2BDGA2BR,1.5BA$1.43
Cornerstone Apartments1 Bedroom Deluxe1BR,1BA$1.19
Governor's Manor1 Bedroom1BR,1BA$1.21
Coventry VillageOne Bedroom One Bath1BR,1BA$1.30
1120 Garfield Ave, Unit Apartment1120 Garfield Ave1BR,1BA$1.33
Jeffrey PlaceJeffrey Place1BR,1BA$1.59
Aster Court ApartmentsStudioStudio ,1BA$2.26
Springfield Greenlawn ArborsStudioStudio ,1BA$2.40

Quick Rent Budget Calculator

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Frequently Asked Questions about Springfield

What type of rentals are currently available in Springfield?

There are currently 191 Apartments for Rent in Springfield, OH with pricing that ranges from $645 to $1,865. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $550 to $3,500.

What is the current price range for Rental Homes in Springfield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Springfield ranges from $550 to $3,500 with an average monthly rent of $1,505.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.