
Cheap Homes for Rent in Springfield, IL from $400 (21 Rentals)
Cheap Homes in Springfield.


3126 Butler St

2013 S Spring St

619 S Walnut St

124 N Parker Ave

2070 W Washington St

2110 Bradley Ct

419 N 1st St

711 W Governor St

110 S Grand Ave W
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.

155 S Durkin Dr

333 S Douglas Ave, Unit 4

1729 S 1st St

131 S Douglas Ave

1616 S 7th St

3124 E Carpenter St

2022 Austin Dr

649 W Vine St

1920 S 7th St

2103 S 17th St
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.

1104 N 13th St
Springfield, IL 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 | $967 | $495 | $1,245 |
Springfield 3 Bedroom Homes for Rent | $1,479 | $1,000 | $2,700 |
Springfield 4 Bedroom Homes for Rent | $2,235 | $1,300 | $2,950 |
Springfield 5 Bedroom Homes for Rent | $2,039 | $844 | $3,500 |
Browse Top Homes for Rent in Springfield
Explore Springfield
Springfield, IL Local Guide
- Springfield Neighborhoods
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Cheapest Neighborhoods for Apartments in Springfield, IL
Pricing Updated: 05/07/2025Current apartment rentals in the Springfield, IL 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 |
---|---|---|---|
Enos Park | $1,300 | $495 | 29 |
Downtown Springfield | $1,309 | $495 | 38 |
Cheapest Available Springfield Apartments for Rent
 The cheapest available apartment rental in Springfield, IL is a Studio unit found at The Hickcox Collection in the Downtown Springfield neighborhood priced from $628. Safe Harbor Properties in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Springfield apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Hickcox Collection | The Hickox | Studio,1BA | $628 |
Safe Harbor Properties | Studio | Studio,1BA | $675 |
Denison Place | One Bedroom | 1BR,1BA | $675 |
Butler Place | 2 Beds, 1 Baths | 2BR,1BA | $700 |
Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
Best Value Apartments for Rent in Springfield, IL
As of May 07, 2025 the best value apartment in the Springfield area is the $0.92 price per square foot 2 Bedroom 2 Bath Model at Prairie Vista in the starting from $1,200. The second greatest value 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 Springfield apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Prairie Vista | 2 Bedroom 2 Bath | 2BR,2BA | $0.92 |
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 |
Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
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 |
Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
Denison Place | One Bedroom | 1BR,1BA | $0.84 |
Candles | A1 | 1BR,1BA | $1.10 |
Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
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Frequently Asked Questions about Springfield
What type of rentals are currently available in Springfield?
There are currently 188 Apartments for Rent in Springfield, IL with pricing that ranges from $575 to $2,990. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $495 to $3,500.
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 $495 to $3,500 with an average monthly rent of $1,370.
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 $975 to $1,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,500.
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.