
Cheap Homes for Rent in Springfield, OR from $750 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Springfield.


247 17th St, Unit Apt B One Bedroom

579 N 51st St

4117 Bluebelle Way
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.

22 E St

327 W K St

4251 Daisy St

1205 E 29th Pl
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.
Springfield, OR 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 | $1,772 | $1,395 | $3,000 |
| Springfield 3 Bedroom Homes for Rent | $2,321 | $1,795 | $2,850 |
| Springfield 4 Bedroom Homes for Rent | $2,837 | $2,395 | $3,295 |
| Springfield 5 Bedroom Homes for Rent | $4,272 | $3,295 | $5,250 |
Browse Top Homes for Rent in Springfield
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Springfield, OR Local Guide
- Springfield Neighborhoods
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Cheapest Neighborhoods for Homes in Springfield, OR
Pricing Updated: 09/19/2026Current rental homes in the Springfield, OR area range in price from $750 to $5,900 with an overall median price of $2,016. The three Springfield neighborhoods with the lowest median rent pricing are Thurston at $1,572, Outer Springfield at $1,950, and Springfield Gateway at $1,995. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Springfield Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Thurston | $1,572 | $750 | 2 |
| Outer Springfield | $1,950 | $750 | 13 |
| Springfield Gateway | $1,995 | $1,000 | 15 |
| Outer Eugene | $2,000 | $765 | 99 |
| Washburne Historic District | $2,272 | $1,000 | 14 |
Best Value Homes for Rent in Springfield, OR
As of September 19, 2026 the best value rental home in the Springfield area is the $1.56 price per square foot 1840 Ridgley Blvd Model at 1840 Ridgley Blvd in the Harlow neighborhood starting from $2,500. The second greatest value Springfield rental home is the 953 V St Model at 953 V St in the Springfield Gateway neighborhood starting at $2,375 with a $1.59 price per square foot. Here is today’s list of the best values for Springfield homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1840 Ridgley Blvd | 1840 Ridgley Blvd | 3BR, 2BA | $1.56 |
| 953 V St | 953 V St | 3BR, 1.5BA | $1.59 |
| 1205 E 29th Pl | 1205 E 29th Pl | 1BR, 1BA | $2.14 |
| 247 17th St, Unit Apt B One Bedroom | 247 17th St | 1BR, 1BA | $2.86 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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.
Springfield, ORPopulation: 62,979
Ranked #599
in US Census Population by City
Best Local Schools in Springfield, OR
Douglas Gardens Elementary School
Agnes Stewart Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Springfield, OR Rentals by Map
See the most popular apartments and homes in Springfield, OR
Frequently Asked Questions about Springfield
What type of rentals are currently available in Springfield?
There are currently 308 Apartments for Rent in Springfield, OR with pricing that ranges from $499 to $5,000. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $750 to $5,250.
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 $5,250 with an average monthly rent of $2,139.
How much are larger Three and Four Bedroom Rentals in Springfield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Springfield range from $699 to $3,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $2,850. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $499.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.

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.