
Cheap Homes for Rent in Springfield, OH from $700 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Springfield.


262 Selma Rd

415 N Race St, Unit 1/2

4047 Springfield Xenia Rd

55-57-57 W Parkwood Ave

8064 Mt Everest 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.

716 W Light St

718 W Light St

8209 Mount Washington Dr

557-559-559 E Madison Ave

8185 Mt Hood

1818 Springmont Ave
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.

8197 Mount Washington Dr

2125 S Tecumseh Rd

3050 Colony Ln

1858 Wilbur Ave

6337 Nightwind Ct

2151 Chapel Dr
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.

534 Homeview Ave
Springfield, OH Local Guide

How much does it cost to rent a home in Springfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Springfield 2 Bedroom Homes for Rent | $1,061 | $825 | $1,250 |
| Springfield 3 Bedroom Homes for Rent | $1,554 | $1,065 | $2,500 |
| Springfield 4 Bedroom Homes for Rent | $1,854 | $1,495 | $3,400 |
| Springfield 5 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Springfield
Explore Springfield
Springfield, OH Local Guide
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Cheapest Neighborhoods for Apartments in Springfield, OH
Pricing Updated: 04/16/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Cedar Hills Broadview Acres | $1,345 | $750 | 1 |
| Springfield | $1,534 | $645 | 18 |
Cheapest Available Springfield Apartments for Rent
 The cheapest available apartment rental in Springfield, OH is a 1 Bed unit found at Governor's Manor in the Springfield neighborhood priced from $725. Coventry Village in the Springfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. Here is today’s list of the most affordable Springfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Governor's Manor | 1 Bedroom | 1BR,1BA | $725 |
| Coventry Village | One Bedroom One Bath | 1BR,1BA | $865 |
| Jeffrey Place | Jeffrey Place | 1BR,1BA | $909 |
| The Mason | 1 Bedroom | 1BR,1BA | $1,000 |
| Ashton Meadows | The Daisy | 1BR,1BA | $1,015 |
Best Value Apartments for Rent in Springfield, OH
As of April 16, 2026 the best value apartment in the Springfield area is the $1.37 price per square foot Bristol Model at Olympic Reserve Condominiums in the in the Springfield neighborhood starting from $1,865. The second greatest value Springfield apartment is the 3 Bedroom Model at Governor's Manor starting at $1,510 with a $1.21 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Olympic Reserve Condominiums | Bristol | 3BR,2BA | $1.37 |
| Governor's Manor | 3 Bedroom | 3BR,2BA | $1.21 |
| Stone Crossing | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.14 |
| Northridge Apartments | 2BDGA | 2BR,1.5BA | $1.43 |
| 5625 Twitchell Rd, Unit B | 5625 Twitchell Rd | 2BR,1BA | $1.12 |
| 1681 Brentwood Dr, Unit 1681 | 1681 Brentwood Dr | 2BR,1BA | $1.55 |
| Coventry Village | One Bedroom One Bath | 1BR,1BA | $1.30 |
| 1105 W High St, Unit 1105 A | 1105 W High St | 1BR,1BA | $1.27 |
| The Mason | 1 Bedroom | 1BR,1BA | $1.66 |
| Jeffrey Place | Jeffrey Place | 1BR,1BA | $1.65 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Springfield, OH
Snowhill Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Springfield, OH Rentals by Map
See the most popular apartments and homes in Springfield, OH
Frequently Asked Questions about Springfield
What type of rentals are currently available in Springfield?
There are currently 198 Apartments for Rent in Springfield, OH with pricing that ranges from $645 to $1,921. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $750 to $3,400.
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 $750 to $3,400 with an average monthly rent of $1,356.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.