Springfield, IL Homes for Rent

• 

  

  

  /9

  $750 Per Month

  • 1 Bed
  • 1 Bath
  • 425 Sq Ft
  • Condo for Rent

  422 S Lincoln Ave Unit C, Springfield, IL 62704

  This freshly painted studio apartment features one bedroom and one full bathroom with living room. The bathroom and kitchen have been updated, and the kitchen includes new appliances. This is a main-floor unit; however, stairs are required to enter the building. The tenant is responsible for electricity. The owner provides water, garbage service, and yard care. A 12-month lease is required, along

  

  Julie Davis

  The Real Estate Group, Inc.

  

  422 S Lincoln Ave Unit C, Springfield, IL 62704
• Explore Springfield

• 

  

  

  /16

  Starting at $1,025 Per Month

  • 1 - 3 Beds

  1516 Seven Pines Rd, Springfield, IL 62704

  Orchard Park Apartments has two locations in Springfield to serve you including Seven Pines and South 4th Street. Our features, amenities, and professional management team make Orchard Park Apartments a truly superior apartment community. Orchard Park Apartments, a community with your quality of life in mind.Rental amount does not include variable monthly utilities and non-optional reoccurring

  Orchard Park

  

  1516 Seven Pines Rd, Springfield, IL 62704
• 

  

  

  /14

  $1,000 Per Month

  • 2 Beds
  • 1 Bath
  • 850 Sq Ft
  • Condo for Rent

  614 W Edwards St, Springfield, IL 62704

  Refreshed 2-bedroom, 1-bathroom second-floor walk-up apartment with a private entrance. This partially furnished apartment features a spacious kitchen and living room with ample storage, along with freshly installed carpeting throughout. The unit includes private basement laundry and one covered parking space. Water and trash are included and paid by the landlord; the tenant pays for electricity.

  

  Julie Davis

  The Real Estate Group, Inc.

  

  614 W Edwards St, Springfield, IL 62704
• 

  

  

  /50

  Starting at $1,275 Per Month

  • 1 - 2 Beds

  521 E Monroe St, Springfield, IL 62701

  Located in the most desirable part of downtown Springfield, Lincoln Square is in walking distance of many historic sites, restaurants, shops and entertainment venues. Lincoln Square Apartments are immediately south of the Lincoln-Herndon Law Office where President Lincoln practiced law from 1843-1852. East of Lincoln Square is the Illinois State Supreme Court Historic Preservation

  Lincoln Square Apartments

  

  521 E Monroe St, Springfield, IL 62701
• 

  

  

  /50

  Starting at $1,115 Per Month

  • 1 - 3 Beds

  520 S 2nd St, Springfield, IL 62701

  Lincoln Tower Apartments offers comfortable high-rise living in the heart of downtown Springfield, IL. This vibrant community features one, two, and three bedroom apartment homes. Apartments includes modern features such as fully equipped kitchens, central air, and some include a private patio or balcony with impressive city views. Residents enjoy a variety of on-site amenities including a

  Lincoln Tower Apartments

  

  520 S 2nd St, Springfield, IL 62701
• 

  

  /50

  Starting at $860 Per Month

  • 1 - 2 Beds

  1608-1636 Toronto Rd, Springfield, IL 62712

  Welcome to Lake Pointe Apartments! Voted "Best Apartment Community" by the local newspaper, The State Journal-Register, from 2014-2023. Lake Pointe is conveniently located on Toronto Road right off of interstate 55 just moments from downtown Springfield and near Lincoln Land Community College and the University of Illinois-Springfield. Lake Pointe Apartments is a 300 unit complex with a pool,

  Lake Pointe Apartments

  1608-1636 Toronto Rd, Springfield, IL 62712
• 

  

  /49

  Starting at $800 Per Month

  • 1 - 2 Beds

  1833 Seven Pines Rd, Springfield, IL 62704

  220 unit apartment complex, featuring laminate flooring, new kitchens and bathrooms, as well as a tennis and basketball court. Equal Housing Opportunity and Housing Vouchers Accepted

  Pine Ridge Apartments

  1833 Seven Pines Rd, Springfield, IL 62704
• 

  

  /51

  Starting at $730 Per Month

  • Studio - 2 Beds

  437 W Edwards St, Springfield, IL 62704

  Experience the complete apartment tour from the comfort of your home at Safe Harbor Properties. Our 3D virtual property tours bring the showing to you, ensuring a safe and relaxed exploration of all our offerings. Discover the photos, floor plans, pricing, amenities, and easily apply online on our user-friendly website. Let us be your guide on the path to your new home.Embrace a modern

  Safe Harbor Properties

  

  437 W Edwards St, Springfield, IL 62704
• 

  

  /50

  Starting at $600 Per Month

  • 1 - 2 Beds

  2473 Ladley Ct, Springfield, IL 62703

  Looking for comfort, convenience, and style? Whispering Pines Apartments has it all! Our spacious 1 & 2-bedroom apartments offer a peaceful retreat with beautiful green spaces just minutes from the heart of Springfield.Why Whispering Pines?Modern kitchens with updated appliancesSpacious layouts with stylish finishesIn-unit washer & dryer hookups (select units, appliances not

  Whispering Pines Apartments

  

  2473 Ladley Ct, Springfield, IL 62703
• 

  

  /18

  Starting at $959 Per Month

  • 1 - 3 Beds

  4001 Treviso Dr, Springfield, IL 62703

  Discover your new home at Huntington Ridge Apartments! Offering a variety of spacious 1, 2 and 3 bedroom apartment homes in Springfield. Every feature is designed with you in mind, from the picnic and grilling areas and outdoor play area to the on-site fitness center and the community clubhouse, we have made certain there is something for everyone. It is our pleasure to provide the everyday

  Huntington Ridge Apartments

  

  4001 Treviso Dr, Springfield, IL 62703
• 

  

  /33

  Starting at $775 Per Month

  • Studio - 4 Beds

  1666 Seven Pines Rd, Springfield, IL 62704

  Welcome to Cedar Point Apartments, a great place to call home. Your apartment will have a walk-in-closet, washer and dryer hook ups, dine-in kitchen, ceiling fan, 24-hour emergency maintenance and an on-site laundry center. At Cedar Point, you’ll enjoy a beautiful park like setting and easily accessible off street parking. For those of you with furry family members, make sure to check out our pet

  Cedar Point Apartments

  1666 Seven Pines Rd, Springfield, IL 62704
• 

  

  /19

  Starting at $700 Per Month

  • Studio - 2 Beds

  2628 Stratford Dr, Springfield, IL 62704

  Hunter Glen is a quiet single story complex located next to Parkway Christian Church on the west side of the Westchester subdivision. It is conveniently located close to West Side shopping and I-72 Interstate access.

  Hunter Glen Apartments

  2628 Stratford Dr, Springfield, IL 62704
• 

  

  /40

  Starting at $860 Per Month

  • 1 - 2 Beds

  2801 Montaluma Dr, Springfield, IL 62704

  Welcome to Meadow View Landing, located at 2801 Montaluma Drive in Springfield, IL. Our pet-friendly community features well-designed 1 and 2-bedroom apartments ranging from 675 to 1,042 sq.ft., offering both comfort and convenience.Each home includes walk-in closets, washer and dryer hookups, private patios, and access to a fitness center. Enjoy peaceful living close to local shopping, dining,

  Meadow View Landing

  

  2801 Montaluma Dr, Springfield, IL 62704
• 

  

  /19

  Starting at $896 Per Month

  • 1 - 2 Beds

  1210 E Washington St, Springfield, IL 62703

  Capitol Plaza is the perfect place for seniors to enjoy all of the convenience of a great location without compromising on your wishlist. Dozens of dining options within blocks, public transportation, and plenty of sidewalks mean you’re never more than a few minutes from a day on the town. With elevator access to all homes, smoke-free homes available, spacious common areas, and outdoor grilling

  Capitol Plaza Apartments

  

  1210 E Washington St, Springfield, IL 62703
• 

  

  /35

  Starting at $925 Per Month

  • 1 - 2 Beds

  2300 Boysenberry Ln, Springfield, IL 62711

  Koke Mill Apartments is conveniently located on Springfield's west side. We have a nicely manicured community with a dog park, cook-out area, and a pool. We offer 1, 2, and 3 bedroom apartments that are centrally located near a variety of popular stores for all of your needs, grocery store, local pharmacy, and many more. Give us a call today and let us help you find your perfect home! Inquire

  Koke Mill Apartments

  

  2300 Boysenberry Ln, Springfield, IL 62711
• 

  

  /16

  Starting at $1,080 Per Month

  • 1 - 2 Beds

  4305 W Washington St, Springfield, IL 62711

  Welcome to Meadow View Place, located at 4305 West Washington Street in Springfield, IL. Our pet-friendly community offers comfortable 1 and 2-bedroom apartments ranging from 642 to 850 sq.ft., designed for easy living.Each home features walk-in closets, washer and dryer hookups, private patios, and access to a grilling area—perfect for relaxing and entertaining. Enjoy a peaceful residential

  Meadow View Place

  

  4305 W Washington St, Springfield, IL 62711
• 

  

  /14

  Starting at $1,428 Per Month

  • 2 Beds

  Unlisted Address

  Live Well at THE BOULEVARD TOWNHOMES. All of our homes feature brand new kitchens which include new cabinets, new countertops and new GE appliances.All of our homes have been designed with you in mind and feature new flooring, windows, full size stackable washer and dryer, new interior and exterior doors and new lighting and hardware throughout. (Income Restrictions Apply/Section 8

  The Boulevard Townhomes

  

  Unlisted Address
• 

  

  /35

  Starting at $1,100 Per Month

  • 1 - 2 Beds

  2029 Heather Hill Dr, Springfield, IL 62702

  Hill Meadow Apartments, a family owned and operated property, is located in northwest Springfield, Illinois. We are one of Springfield's best kept secrets. Abutting a spacious city Nature Preserve and less than 10 minutes from Downtown and the Medical District, we provide a restful place to call home while being close enough to provide a short commute to work.

  Hill Meadow Apartments

  2029 Heather Hill Dr, Springfield, IL 62702
• 

  

  /35

  Starting at $925 Per Month

  • 2 Beds

  310 Dickinson Rd, Springfield, IL 62704

  3TEN Apartments, a community designed with your wellbeing in mind. With a modern clubhouse, beautifully appointed interiors, and a coveted address in the Oaks neighborhood, our apartments for rent in Springfield, IL, will fulfill all your needs.Quiet living with easy access to work, parks, and entertainment with a bus line just outside your door and easy access to Veterans Parkway, you

  3TEN Apartments

  310 Dickinson Rd, Springfield, IL 62704
• 

  

  /35

  Starting at $1,305 Per Month

  • 1 - 3 Beds

  2235 S Koke Mill Rd, Springfield, IL 62711

  Our community offers 1 and 2 bedroom apartments along with 2 and 3 bedroom townhomes. All of our apartments are designed to keep you comfortable. Enjoy a fully-equipped kitchen, washer/dryer, and air conditioning. Our 3 bedroom townhomes come with a cozy fireplace in addition to all of our basic amenities. Check out our floorplans below to find an apartment or townhome to meet your housing needs.

  Rosemoore

  

  2235 S Koke Mill Rd, Springfield, IL 62711
• 

  

  /35

  Starting at $700 Per Month

  • 1 - 3 Beds

  1300 Denison Dr, Springfield, IL 62704

  Denison Place is a ninety four unit complex with residents of all ages and is child friendly. There are coin operated laundry facilities on site. We have a full maintenance staff to handle all problems that arise, and manager on site.

  Denison Place

  1300 Denison Dr, Springfield, IL 62704
• 

  

  /40

  Starting at $925 Per Month

  • 1 - 3 Beds

  9 Candlelight Dr, Springfield, IL 62704

  Introducing Candles Apartments, a welcoming community that casts a radiant light on everyday living. With a generous selection of leisure nooks, our apartments in Springfield, IL, serve as your personal retreat. And since we're set in a serene landscape of lush greenery, with entertainment, shopping, and dining within easy reach, you're perfectly positioned to enjoy the best of both

  Candles

  

  9 Candlelight Dr, Springfield, IL 62704
• 

  

  /24

  Starting at $895 Per Month

  • 2 Beds

  1615 Westchester Blvd, Springfield, IL 62704

  Welcome to the Ravenwood Townhomes! We offer townhome-style living on Springfield's west-side with private entrances, close parking, private backyards and professional on-site management. You'll be only minutes from Veteran's Parkway, White Oaks Mall, I-55 and I-72, entertainment, and schools!

  Ravenwood Townhomes

  1615 Westchester Blvd, Springfield, IL 62704
• 

  

  /5

  $1,500 Per Month

  • 3 Beds
  • 1 Bath
  • House for Rent

  2827 S 13th St, Springfield, IL 62703

  Property Id: 1840650 Beautiful 3 bed house for rent in a lovely environment. Quiet neighborhood and a very large yard. house is ready for move in. Looking for tenant who would take care of the house like its their own

  2827 S 13th St, Springfield, IL 62703
• 

  

  /5

  $1,200 Per Month

  • 2 Beds
  • 1 Bath
  • Condo for Rent

  1 Suburban Ct, Springfield, IL 62704

  Property Id: 2846262 Welcome to your new home at 1 Suburban Court in Springfield, IL! This charming 2 bedroom, 1 bathroom condo is available for rent starting 09/01/2026. With amenities like a dishwasher, microwave, and washer/dryer hookups, this property is perfect for anyone looking for a cozy and convenient living space. Enjoy the comfort of central heating, laminate and carpet flooring,

  1 Suburban Ct, Springfield, IL 62704
• 

  

  /9

  $1,400 Per Month

  • 4 Beds
  • 2 Baths
  • 1,568 Sq Ft
  • House for Rent

  1236 N Oaklane Rd, Springfield, IL 62707

  Property Id: 2855325 **YOUR NEXT HOME COULD BE WAITING AT LINCOLN PLACE!** Looking for more space, comfort, and a little escape from the hustle and bustle? Lincoln Place has a beautiful **4-bedroom, 2-full-bath manufactured home** available for sale for **$1400 a month Located on the outskirts of Springfield, Lincoln Place offers a peaceful community atmosphere while still keeping

  1236 N Oaklane Rd, Springfield, IL 62707
• 

  

  /20

  $1,550 Per Month

  • 3 Beds
  • 2 Baths
  • 1,348 Sq Ft
  • House for Rent

  1733 S Spring St, Springfield, IL 62704

  Property Id: 2862406 Large 3 bed 2bath Edwardian style home. Upstairs offer a master suit with dedicated full bath. Unfinished basement offers washer and dryer hookup ups and plenty of room for storage. As one car garage with driveway for parking. Large backyard.

  1733 S Spring St, Springfield, IL 62704
• 

  

  /9

  $3,280

  Total Monthly Price

  • 2 Beds
  • 2 Baths
  • 990 Sq Ft
  • Condo for Rent

  8 S Old State Capitol Plaza Unit SI ID1031831P, Springfield, IL 62701

  The advertised rate of $3,280/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 3, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

  8 S Old State Capitol Plaza Unit SI ID1031831P, Springfield, IL 62701
• 

  

  /28

  $1,200 Per Month

  • 2 Beds
  • 1 Bath
  • Condo for Rent

  1167 N 4th St Unit 1, Springfield, IL 62702

  Property Id: 2003559 Coming Soon: Beautifully Renovated 2-Bedroom Unit Welcome to 1167 N 4th St, Springfield, IL. This beautifully renovated 2-bedroom, 1-bath unit offers a clean, modern living space with spacious rooms, plenty of natural light, and updated finishes throughout. Enjoy the comfort of central heating and air conditioning, updated flooring, fresh paint, modern

  1167 N 4th St Unit 1, Springfield, IL 62702
• 

  

  /20

  $1,000

  Total Monthly Price

  • 2 Beds
  • 1 Bath
  • 890 Sq Ft
  • Condo for Rent

  1400 Shiloh Dr Unit B, Springfield, IL 62704

  Triplex with each garage. This unit offers a serene and pleasant environment for all types of individuals.

  1400 Shiloh Dr Unit B, Springfield, IL 62704
• 

  

  /10

  $1,100 Per Month

  • 3 Beds
  • 1 Bath
  • 894 Sq Ft
  • House for Rent

  809 N Patton Ave, Springfield, IL 62702

  Property Id: 1513114 Looking for a comfortable and affordable place to call home? This 3-bedroom, 1-bathroom home is available October 19th for $1,100/month. The home received several updates in 2024, including: New flooring throughout the house New kitchen cabinets New refrigerator Located at 809 N Patton Ave, Springfield, IL 62702 Available

  809 N Patton Ave, Springfield, IL 62702
• 

  

  /16

  $1,050 Per Month

  • 4 Beds
  • 2 Baths
  • 1,000 Sq Ft
  • Condo for Rent

  913 N 7th St Unit 3, Springfield, IL 62702

  Property Id: 2763563 Must see this beautiful in a great central location! Four blocks from downtown, St Johns Hospital and Memorial Hospital. The home is an upper level with 4 bedrooms, large living area, 2 baths, kitchen and appliances. Call us to schedule your in-person tour of this magnificent space. No Pets Allowed. No smoking of any kind. Garbage included

  913 N 7th St Unit 3, Springfield, IL 62702
• 

  

  /11

  $3,280

  Total Monthly Price

  • 2 Beds
  • 2 Baths
  • 1,194 Sq Ft
  • Condo for Rent

  8 S Old State Capitol Plaza Unit SI ID1031837P, Springfield, IL 62701

  The advertised rate of $3,280/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 3, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

  8 S Old State Capitol Plaza Unit SI ID1031837P, Springfield, IL 62701
• 

  

  /7

  $1,250 Per Month

  • 2 Beds
  • 1 Bath
  • Condo for Rent

  6 Suburban Ct, Springfield, IL 62704

  Property Id: 2846307 Welcome to this charming 2 bedroom, 1 bathroom condo in the heart of Springfield! This cozy home features modern amenities including a dishwasher, microwave, and central air. Enjoy the convenience of laminate flooring, washer/dryer hookups, and a spacious driveway. With utilities included and no pets allowed, this property won't last long. Don't miss out on this

  6 Suburban Ct, Springfield, IL 62704
• 

  

  /16

  $2,160

  Total Monthly Price

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft
  • Condo for Rent

  2309 Cherry Hills Dr Unit SI FL1-ID1553493P, Springfield, IL 62704

  The advertised rate of $2,160/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 4, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

  2309 Cherry Hills Dr Unit SI FL1-ID1553493P, Springfield, IL 62704
• 

  

  /13

  $1,888

  Total Monthly Price

  • 1 Bed
  • 1 Bath
  • 990 Sq Ft
  • Condo for Rent

  2309 Cherry Hills Dr Unit SI FL1-ID1553497P, Springfield, IL 62704

  The advertised rate of $1,889/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 3, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

  2309 Cherry Hills Dr Unit SI FL1-ID1553497P, Springfield, IL 62704
• 

  

  /15

  $1,944

  Total Monthly Price

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft
  • Condo for Rent

  2309 Cherry Hills Dr Unit SI FL1-ID1553496P, Springfield, IL 62704

  The advertised rate of $1,944/month is the lowest available price, based on a 1 month(s) stay with a move-in date of September 24, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

  2309 Cherry Hills Dr Unit SI FL1-ID1553496P, Springfield, IL 62704
• 

  

  /6

  $700 Per Month

  • 1 Bed
  • 1 Bath
  • 500 Sq Ft
  • Condo for Rent

  913 N 7th St Unit 2, Springfield, IL 62702

  Property Id: 2858975 Must see this beautiful apartment in a great central location! Four blocks from downtown, St Johns Hospital and Memorial Hospital. The home is an lower level with 1 bedroom studio, 1 bath, kitchen and appliances. Call us to schedule your in-person tour of this magnificent space. No Pets Allowed. No smoking of any kind. Garbage included

  913 N 7th St Unit 2, Springfield, IL 62702
• 

  

  /12

  $1,500 Per Month

  • 2 Beds
  • 1 Bath
  • 890 Sq Ft
  • Condo for Rent

  2928 S 4th St, Springfield, IL 62703

  Welcome home to this freshly updated 2-bedroom, 1-bath featuring a clean and comfortable interior. The home has been completely repainted and offers laminate flooring, and all new light fixtures throughout. The eat in kitchen features stainless appliances, while the updated bathroom includes a bathtub/tile surround shower, new vanity and new toilet. The full unfinished basement includes a brand

  2928 S 4th St, Springfield, IL 62703
• 

  

  /6

  $1,259 Per Month

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft
  • House for Rent

  3501 Ridgely Rd, Springfield, IL 62702

  Property Id: 2870354 A beautiful new home, a fresh start, and a place you can truly make your own. Your next chapter starts right here at Fremont Grove! Looking for a home that is BRAND NEW, spacious, and ready for you to make your own? Take a look at this beautiful **2026 manufactured home** featuring **3 bedrooms, 2 full baths, an open floor plan, and brand-new stainless steel

  3501 Ridgely Rd, Springfield, IL 62702

Showing Results 1 - 40, Page 1 of 4

Why Live in Springfield

Springfield's rich historical legacy centers on Abraham Lincoln, with attractions like the Presidential Library and Museum showcasing immersive exhibits and artifacts from his life. The Lincoln Home National Historic Site lets visitors explore the 16th president's only owned residence, while the Old State Capitol State Historic Site stands as the location of his famous "House Divided" speech. Nature lovers frequent Washington Park's botanical gardens and the Thomas Rees Memorial Carillon, one of the world's largest carillons. The Dana-Thomas House exemplifies Frank Lloyd Wright's architectural genius, while Lincoln Memorial Garden provides peaceful walking trails through native Illinois plantings.

The housing market features single-family homes across diverse neighborhoods. Downtown Springfield has a median single-family home price of $105,000, while Washington Park Knolls commands $250,000. Piper Glen represents the luxury market with a median of $436,500. The citywide median sale price sits at $177,500, with one-bedroom condos at $62,000 and two-bedroom condos at $109,900.

Springfield's cost of living runs 9% below the national average. A family with school-age children needs approximately $97,000 annually to live comfortably, while renters require about $51,000. Property taxes in Sangamon County stand at 1.98%, comparing favorably to nearby Bloomington's 2.27%. The city maintains strong public education, with Lincoln Magnet School and Springfield High School earning A minus ratings. Private options include Our Savior's Lutheran School, rated A plus. The University of Illinois at Springfield adds higher education opportunities. Commuters benefit from the Sangamon Mass Transit District bus system and minimal traffic congestion, while Amtrak provides rail service to Chicago and St. Louis.

Learn more about living in Springfield

Frequently Asked Questions

How much does it cost to rent a home in Springfield, IL?

The median rent for a home in Springfield, IL is $1,100 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

How much do you need to make to afford rent in Springfield, IL?

To comfortably afford the median rent in Springfield, IL, a household needs to earn roughly $44,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,100 per month in Springfield, IL, renters typically need to show $3,300 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Springfield, IL?

In Springfield, IL, the price-to-rent ratio is 14.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Springfield, IL are best for renting a home?

The best neighborhood for renting in Springfield, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Historic West Side, Harvard Park, Grand Central, Bunn Park and Iles Park, each with its own character and price range.

Rental Trends in Springfield, IL

There are currently 128 homes available for rent in Springfield, IL. The median rent is $1,100 per month, with single-family homes renting at $1,200, townhouses at $1,300 and condos at $950.

Rental Home Trends

Number of Homes for Rent 128	Median Rent $1,100
Median Single Family Home Rent $1,200	Median Townhouse Rent $1,300
Median Condo Rent $950