Cheap Apartments for Rent in the Downtown Springfield Neighborhood of Springfield, IL from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Springfield area of Springfield.

Watch Street

609 W Capitol Ave

1205 E Converse St

Safe Harbor Properties

1338 N 8th St

720 W Edwards St

The Hickcox Collection

Meadow View Landing

400 W Allen St

Lincoln Tower Apartments

2316 Yale Blvd

436 W Cook St

325 S Lincoln Ave

118 N Glenwood Ave, Unit B

1503 W Enos Ave

448 W Chenery St

Smart Choice Park

1427 S Pasfield St, Unit 2

2430 N Grand Ave E
Downtown Springfield, Springfield, IL Local Guide

How much does it cost to rent an apartment in Downtown Springfield?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Springfield Studio Apartments | $751 | $550 | $850 |
Downtown Springfield 1 Bedroom Apartments | $848 | $550 | $1,350 |
Downtown Springfield 2 Bedroom Apartments | $990 | $625 | $1,790 |
Downtown Springfield 3 Bedroom Apartments | $975 | $975 | $975 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Downtown Springfield Neighborhood of Springfield, IL.
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Downtown Springfield, Springfield, IL Local Guide
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Cheapest Available Downtown Springfield Apartments for Rent
 The cheapest available apartment rental in the Downtown Springfield area of Springfield, IL is a 1 Bed unit found at Denison Place priced from $675. Whispering Pines has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Downtown Springfield apartments for rent in Springfield, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Denison Place | One Bedroom | 1BR,1BA | $675 |
Whispering Pines | 1bed Upgraded | 1BR,1BA | $725 |
The Hickcox Collection | The Hickox | Studio,1BA | $775 |
Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $799 |
Smart Choice Park | 1 Bedroom Unit-Standard | 1BR,1BA | $875 |
Safe Harbor Properties | Walk to work. Capitol View. WIFI Included. | 2BR,1BA | $925 |
Best Value Apartments for Rent in Downtown Springfield, IL
As of March 31, 2025 the best value apartment in the Downtown Springfield area is the $1.10 price per square foot 3 Bedroom 2 Bath Model at Orchard Park in the in the Downtown Springfield neighborhood starting from $1,365. The second greatest value Downtown Springfield apartment is the 515 E Vine St Model at 515 E Vine St, Unit 515 E Vine Apt B starting at $950 with a $0.79 price per square foot in the Downtown Springfield neighborhood. Here is today’s list of the best values for Downtown Springfield apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Orchard Park | 3 Bedroom 2 Bath | 3BR,3BA | $1.10 |
515 E Vine St, Unit 515 E Vine Apt B | 515 E Vine St | 2BR,1BA | $0.79 |
Meadow View Landing | 2 Bedroom/1 Bath | 2BR,1BA | $1.04 |
Safe Harbor Properties | Walk to work. Capitol View. WIFI Included. | 2BR,1BA | $1.03 |
1427 S Pasfield St, Unit 2 | 1427 S Pasfield St | 2BR,1BA | $0.98 |
Denison Place | One Bedroom | 1BR,1BA | $0.84 |
Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
Smart Choice Park | 1 Bedroom Unit-Standard | 1BR,1BA | $1.25 |
118 N Glenwood Ave, Unit B | 118 N Glenwood Ave | Studio ,1BA | $1.33 |
Whispering Pines | 1bed Extended | 1BR,1BA | $1.29 |
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Pet Friendly LifestyleDowntown Springfield, Springfield, IL
Ranked #1
Among neighborhoods in Springfield, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Springfield, Springfield, IL
McClernand Elementary School
School data provided by Great Schools
Best Local Schools in Downtown Springfield, Springfield, IL
McClernand Elementary School
School data provided by Great Schools
Getting Around the Downtown Springfield Neighborhood in Springfield, IL
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
76 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
49 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Springfield Apartments
What is the Cheapest Studio apartment in Downtown Springfield?
Currently the most affordable Cheap Studio Apartment in Downtown Springfield is at The Hickcox Collection listed at $775.
How much is rent for a Cheap One Bedroom Downtown Springfield Apartment?
The lowest price for a Cheap One Bedroom Downtown Springfield Apartment is $675 at Denison Place.
What is the lowest price for a Cheap Two Bedroom Downtown Springfield Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Springfield is starting from $800 at Whispering Pines.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.