Cheap Homes for Rent in Springfield Neighborhood of Springfield, OH from $700 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Springfield area of Springfield.

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.

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.

Springfield, Springfield, OH Local Guide

Cheapest Available Springfield Apartments for Rent

 

The cheapest available apartment rental in the Springfield area of Springfield, OH is a 1 Bed unit found at Governor's Manor priced from $725. Aster Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here are the most affordable Springfield apartments for rent in Springfield, OH:

Apartment ListingModel NameBed/BathPriced From
Governor's Manor1 Bedroom1BR,1BA$725
Aster Court ApartmentsOne Bedroom1BR,1BA$770
Coventry VillageOne Bedroom One Bath1BR,1BA$865

Best Value Apartments for Rent in Springfield, OH

As of May 31, 2026 the best value apartment in the Springfield area is the $1.21 price per square foot 3 Bedroom Model at Governor's Manor in the in the Springfield neighborhood starting from $1,510. The second greatest value Springfield apartment is the 2BDGA Model at Northridge Apartments starting at $1,200 with a $1.43 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.
Governor's Manor3 Bedroom3BR,2BA$1.21
Northridge Apartments2BDGA2BR,1.5BA$1.43
Forest Glen Independent Living VillasVilla2BR,2BA$3.69
Coventry VillageOne Bedroom One Bath1BR,1BA$1.30
Ashton MeadowsThe Daisy1BR,1BA$1.70
The Mason1 Bedroom1BR,1BA$1.66
Aster Court ApartmentsOne Bedroom1BR,1BA$1.34
Jeffrey PlaceJeffrey Place1BR,1BA$1.65

Don'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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Pet Friendly Lifestyle
Springfield, Springfield, OH

Ranked #1

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Springfield

What type of rentals are currently available in Springfield?

There are currently 190 Apartments for Rent in Springfield, OH with pricing that ranges from $645 to $3,019. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $799 to $2,195.

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 $799 to $2,195 with an average monthly rent of $1,349.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.