Cheap Apartments for Rent in 62704
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1-4 Beds
1-2 BathsCedar Point Apartments | 1666 Seven Pines Rd,
Springfield, IL 62704
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Average Rent Trends in 62704
Rent in 62704 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,050 |
| Nov 2025 | $1,078 |
| Dec 2025 | $1,000 |
| Jan 2026 | $1,100 |
| Feb 2026 | $1,150 |
| Mar 2026 | $1,145 |
| Apr 2026 | $1,089 |
| May 2026 | $1,152 |
| Jun 2026 | $1,200 |
| Jul 2026 | $1,293 |
| Aug 2026 | $1,100 |
| Sep 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 Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | $1,150 | $1,550 | $2,500 | $1,195 |
| Townhomes | — | $1,300 | $2,100 | — | $1,300 |
| Apartments and Condos | $800 | $1,150 | $1,250 | — | $1,025 |
| Houses | $675 | $1,200 | $1,900 | $2,500 | $1,650 |
Frequently Asked Questions about Rentals in 62704
- What is the average rent of an apartment in 62704?The average rent of an apartment in 62704 is $954 per month. This is about 51% lower than the national average.
- What are the cheapest months to find an apartment to rent in 62704?Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $950 per month.
- How many cheap apartments are available in 62704?There are 44 apartments to rent that are cheaper than the city’s average rent of $1,195.
- When is the average rent most expensive in 62704?In the last year, the average rent in 62704 was highest in Nov 2025 when it was $1,078 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 62704?The average rent of a 1 bedroom apartment in 62704 is $850 per month. That is about $150 more than the cost of a studio apartment.
- What are some cities near 62704?Some nearby cities include: Leland Grove, Jerome, Springfield, Southern View, Grandview, Curran. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 62704 - 110 Rentas | Trulia