1422 E Reservoir St
SpringfieldIL62702
Cheap Homes for Rent in Downtown Springfield Neighborhood of Springfield, IL from $400 (20 Rentals)
Cheap Homes in the Downtown Springfield area of Springfield.
2013 S Spring St
SpringfieldIL62704
619 S Walnut St
SpringfieldIL62704
110 S Grand Ave W
SpringfieldIL62704
419 N 1st St
SpringfieldIL62702
1710 S Henry St
SpringfieldIL62704
333 S Douglas Ave, Unit 4
333 S Douglas Ave
SpringfieldIL62704
1020 N Wesley St
SpringfieldIL62702
1729 S 1st St
SpringfieldIL62704
131 S Douglas Ave
SpringfieldIL62704
Navigating 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.
1616 S 7th St
SpringfieldIL62703
824 E Ridgely Ave
SpringfieldIL62702
2103 S 17th St
SpringfieldIL62703
1104 N 13th St
SpringfieldIL62702
1920 S 7th St
SpringfieldIL62703
649 W Vine St
SpringfieldIL62704
649 W Vine St
SpringfieldIL62704
1412 S College St
SpringfieldIL62704
1710 E Moffat Ave
SpringfieldIL62702
1715 Clay St
SpringfieldIL62703
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Showing Results 1-20, Page 1 of 1
Downtown Springfield, Springfield, IL Local Guide
The Illinois State Capitol as seen from Capitol Avenue by Éovart Caçeir is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Downtown Springfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Springfield 2 Bedroom Homes for Rent | $972 | $495 | $1,245 |
| Downtown Springfield 3 Bedroom Homes for Rent | $1,255 | $1,000 | $1,650 |
| Downtown Springfield 4 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
| Downtown Springfield 5 Bedroom Homes for Rent | $1,327 | $804 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Downtown Springfield Neighborhood of Springfield, IL.
Explore Springfield
Downtown Springfield, Springfield, IL Local Guide
- Nearby Springfield neighborhoods
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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 Studio unit found at The Hickcox Collection priced from $634. Denison Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Downtown Springfield apartments for rent in Springfield, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hickcox Collection | The Hickox | Studio,1BA | $634 |
| Denison Place | One Bedroom | 1BR,1BA | $675 |
| Safe Harbor Properties | Studio | Studio,1BA | $675 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $799 |
| Whispering Pines Apartments | Spacious & Stylish Living at Whispering Pines –... | 1BR,1BA | $825 |
Best Value Apartments for Rent in Downtown Springfield, IL
As of May 02, 2025 the best value apartment in the Downtown Springfield area is the $0.73 price per square foot 515 E Vine St Model at 515 E Vine St, Unit 515 E Vine Apt B in the in the Downtown Springfield neighborhood starting from $875. The second greatest value Downtown Springfield apartment is the 102 S Glenwood Ave Model at 102 S Glenwood Ave, Unit Bottom Unit starting at $875 with a $0.78 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. |
|---|---|---|---|
| 515 E Vine St, Unit 515 E Vine Apt B | 515 E Vine St | 2BR,1BA | $0.73 |
| 102 S Glenwood Ave, Unit Bottom Unit | 102 S Glenwood Ave | 2BR,1BA | $0.78 |
| 318 S State St, Unit 1 | 318 S State St | 2BR,1BA | $0.85 |
| Orchard Park | 2 Bedroom 1 Bath South | 2BR,1BA | $1.11 |
| 118 N Glenwood Ave, Unit C | 118 N Glenwood Ave | 1BR,1BA | $1.00 |
| 1221 W Washington St, Unit 2 | 1221 W Washington St | 2BR,1BA | $1.06 |
| 3TEN | B1 | 2BR,1BA | $1.13 |
| Denison Place | One Bedroom | 1BR,1BA | $0.84 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| Safe Harbor Properties | 1st Floor Level | 1BR,1BA | $1.17 |
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Frequently Asked Questions about Downtown Springfield
What type of rentals are currently available in Downtown Springfield?
There are currently 99 Apartments for Rent in Downtown Springfield, IL with pricing that ranges from $575 to $2,960. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Springfield ranging from $495 to $1,850.
What is the current price range for Rental Homes in Downtown Springfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Springfield ranges from $495 to $1,850 with an average monthly rent of $1,084.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.