Cheap Apartments for Rent in Springfield, IL
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PET FRIENDLYTotal price$950 - $1,600/mo
1-4 Beds
1-2 BathsCedar Point Apartments | 1666 Seven Pines Rd #59df0adc7,
Springfield, IL 62704
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Average Rent Trends in Springfield, IL
Rent in Springfield, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,100 |
| Jul 2025 | $1,100 |
| Aug 2025 | $1,104 |
| Sep 2025 | $1,050 |
| Oct 2025 | $1,099 |
| Nov 2025 | $1,110 |
| Dec 2025 | $1,100 |
| Jan 2026 | $1,145 |
| Feb 2026 | $1,145 |
| Mar 2026 | $1,150 |
| Apr 2026 | $1,145 |
| May 2026 | $1,155 |
Average Rent By Bedroom and Home Type
In May 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 | $1,100 | $1,350 | $2,200 | $1,150 |
| Townhomes | — | $1,150 | — | — | $1,150 |
| Apartments and Condos | $800 | $1,150 | $1,300 | $3,200 | $1,000 |
| Houses | $950 | $1,100 | $1,450 | $2,200 | $1,400 |
Frequently Asked Questions about Rentals in Springfield, IL
- What is the average rent of an apartment in Springfield, IL?The average rent of an apartment in Springfield, IL is $972 per month. This is about 50% lower than the national average.
- What is the average rent of a house in Springfield, IL?The average rent of a house in Springfield, IL is $1,400 per month. This is about 27% lower than the national average.
- What is the average rent of a townhome in Springfield, IL?The average rent of a townhome in Springfield, IL is $1,150 per month. This is about 40% lower than the national average.
- When is the average rent cheapest in Springfield, IL?In the last year, the average rent in Springfield, IL was lowest in Apr 2025 when it was $1,050 per month.
- When is the average rent most expensive in Springfield, IL?In the last year, the average rent in Springfield, IL was highest in Jan 2025 when it was $1,145 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Springfield, IL?The average rent of a 1 bedroom apartment in Springfield, IL is $850 per month. That is about $225 more than the cost of a studio apartment.
- How many available rental listings are in Springfield, IL?There are 180 available rental listings in Springfield, IL.
- What are some neighborhoods in Springfield, IL?Some neighborhoods in Springfield, IL include: Historic West Side, Vinegar Hill, Oak Ridge, Westchester, Koke Mill East.
- What are some zip codes in Springfield, IL?
- What are some cities near Springfield, IL?Some nearby cities include: Jerome, Southern View, Leland Grove, Grandview, Clear Lake. These cities may have more rental options to explore.