Cheap Apartments for Rent in 62702
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SPECIAL OFFERPET FRIENDLY$1,275 - $1,571/mo
2-3 Beds
2 BathsSpring Creek Townhomes | 146 Spring Creek Dr,
Springfield, IL 62702
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Average Rent Trends in 62702
Rent in 62702 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,045 |
| Dec 2025 | $1,067 |
| Jan 2026 | $1,100 |
| Feb 2026 | $1,100 |
| Mar 2026 | $1,100 |
| Apr 2026 | $1,100 |
| May 2026 | $1,100 |
| Jun 2026 | $1,100 |
| Jul 2026 | $1,100 |
| Aug 2026 | $1,100 |
| Sep 2026 | $1,150 |
| Oct 2026 | $1,200 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | $1,099 | $1,200 | $1,679 | $1,100 |
| Apartments and Condos | $786 | $985 | $1,275 | $1,400 | $925 |
| Houses | $950 | $1,100 | $1,550 | $1,600 | $1,200 |
Frequently Asked Questions about Rentals in 62702
- What is the average rent of an apartment in 62702?The average rent of an apartment in 62702 is $967 per month. This is about 50% lower than the national average.
- What are the cheapest months to find an apartment to rent in 62702?Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $1,000 per month.
- How many cheap apartments are available in 62702?There are 24 apartments to rent that are cheaper than the city’s average rent of $1,100.
- When is the average rent most expensive in 62702?In the last year, the average rent in 62702 was highest in Jul 2025 when it was $1,250 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 62702?The average rent of a 1 bedroom apartment in 62702 is $850 per month. That is about $300 more than the cost of a studio apartment.
- What are some cities near 62702?Some nearby cities include: Grandview, Springfield, Leland Grove, Clear Lake, Jerome, Southern View. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 62702 - 70 Rentas | Trulia