239

Springfield, IL Homes for Rent

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  • /16

    Starting at $1,050 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

    (217) 290-2646

    1516 Seven Pines Rd, 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

    (217) 576-3066

    521 E Monroe St, Springfield, IL 62701
  • /50

    Starting at $1,060 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

    (217) 670-6313

    520 S 2nd St, Springfield, IL 62701
  • /49

    Starting at $875 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

    (217) 492-8411

    1833 Seven Pines Rd, Springfield, IL 62704
  • /50

    Starting at $925 Per Month

    • 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

    (217) 670-6324

    437 W Edwards St, Springfield, IL 62704
  • /21

    Starting at $1,800 Per Month

    • Studio - 2 Beds

    1700 W Washington St, Springfield, IL 62702

    Find your new home at Hickory Glen, Active Senior Living in Springfield, IL. Rent rates include three chef-prepared meals daily, all utilities included, and maintenance-free living — everything you need in one simple monthly cost.You'll find this community on W. Washington St. in Springfield. We have newly renovated apartments that include a full kitchen now available. We allow pets for a low

    Hickory Glen, Active Senior Living

    (217) 610-8013

    1700 W Washington St, Springfield, IL 62702
  • /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

    (217) 960-8890

    2473 Ladley Ct, Springfield, IL 62703
  • /18

    Starting at $920 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

    (217) 290-0239

    4001 Treviso Dr, Springfield, IL 62703
  • /40

    Starting at $1,033 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 were set in a serene landscape of lush greenery, with entertainment, shopping, and dining within easy reach, youre perfectly positioned to enjoy the best of both

    Candles

    (217) 606-8739

    9 Candlelight 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

    (217) 290-9484

    2801 Montaluma Dr, Springfield, IL 62704
  • /29

    Starting at $900 Per Month

    • 2 Beds

    2715 S Macarthur Blvd, Springfield, IL 62704

    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

    (217) 718-2559

    2715 S Macarthur Blvd, 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

    (217) 441-2917

    1210 E Washington St, Springfield, IL 62703
  • /36

    Starting at $1,050 Per Month

    • 1 - 3 Beds

    4601 Ash Grove Dr, Springfield, IL 62711

    Welcome to Ash Grove Apartments in Springfield & The Residences at Cardinal Hill in Rochester, IL! Make yourself at home in Springfield & Rochester's newest apartments. Ash Grove features newer, pet-friendly buildings with stainless steel appliances, a great location, and even a dog park for your four-legged friends. It is close to shopping, AMC theaters, as well as many other entertainment,

    Ash Grove

    (217) 492-8399

    4601 Ash Grove Dr, Springfield, IL 62711
  • /35

    Starting at $1,025 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

    (217) 441-9108

    2300 Boysenberry Ln, Springfield, IL 62711
  • /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

    (217) 441-9072

    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

    (217) 960-8648

    310 Dickinson Rd, Springfield, IL 62704
  • /35

    Starting at $1,280 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

    (217) 626-3703

    2235 S Koke Mill Rd, Springfield, IL 62711
  • /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

    (217) 629-4159

    1615 Westchester Blvd, Springfield, IL 62704
  • /34

    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. Our unique community features a Park-Like setting, central heat and air, washer/dryer hookups, and ceiling fans. Our community amenities include a dog park, and picnic areas with grills. We are conveniently located near the finest in shopping, dining, and entertainment. Call today to see your new home at Cedar Point Apartments. Some

    Cedar Point Apartments

    (217) 290-9524

    1666 Seven Pines Rd, Springfield, IL 62704
  • /25

    Starting at $925 Per Month

    • 1 - 2 Beds

    300 N Park Ave, Springfield, IL 62702

    Smart Choice Park is a very popular community consisting of 93 one and two-bedroom apartments on Springfield's near west side. It is just a few minutes away from everything in Springfield, including the downtown area, Washington Park, and the Mall shopping area. It is a quiet, secluded community with large trees and a park-like setting. It has a nice swimming pool area that is enjoyable in the

    Smart Choice Park

    (217) 960-8651

    300 N Park Ave, Springfield, IL 62702
  • /14

    Starting at $1,050 Per Month

    • 1 Bed

    731 S Grand Ave W, Springfield, IL 62704

    These historic Springfield buildings were built in 1920 and remodeled in 2017 and 2018. All apartments were completely gutted and updated with new LVP flooring, white shaker cabinetry, quartz countertops, new plumbing fixtures, new windows, and new doors. The building is quiet and ideal for professionals and students. Each apartment features tall ceilings, a spacious bedroom, and a sunroom,

    (217) 747-8343

    731 S Grand Ave W, Springfield, IL 62704
  • /21

    Starting at $995 Per Month

    • 1 Bed

    538 W Miller St, Springfield, IL 62702

    Welcome to The District Apartments, located in the heart of Springfield, IL. Our newly renovated apartments offer the perfect blend of comfort and convenience. As you step inside, you'll immediately notice the modern finishes and spacious layout that make these apartments truly special. With in-unit laundry, you can say goodbye to trips to the laundromat and enjoy the convenience of doing your

    The District Apartments

    (217) 461-4714

    538 W Miller St, Springfield, IL 62702
  • /20

    Starting at $875 Per Month

    • 1 Bed

    400-424 S Durkin Dr, Springfield, IL 62704

    Welcome to The Meadows at Durkin, where comfort meets convenience on Springfield's vibrant west side. Discover the charm of our freshly renovated apartments, where every detail has been crafted to offer an inviting and modern lifestyle. Step inside to find spacious layouts adorned with sleek finishes that promise both taste and functionality.Imagine the ease of having on-site laundry

    The Meadows at Durkin

    (217) 461-4903

    400-424 S Durkin Dr, Springfield, IL 62704
  • /2

    Starting at $750 Per Month

    • 1 - 2 Beds

    3150 Cobblestone Ln, Springfield, IL 62711

    Quiet complex located on the west side of Springfield off Kokemill Rd. Backed up to trees, a windmill, and a pony ranch. Easy access to walking and bike trails through park just down the street.

    Cobblestone Apartments

    (773) 825-8977

    3150 Cobblestone Ln, Springfield, IL 62711
  • /18

    $2,488

    Total Monthly Price

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

    2309 Cherry Hills Dr Unit SI FL2-ID1553495P, Springfield, IL 62704

    The advertised rate of $2,489/month is the lowest available price, based on a 1 month(s) stay with a move-in date of June 30, 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

    (217) 694-8629

    2309 Cherry Hills Dr Unit SI FL2-ID1553495P, Springfield, IL 62704
  • /20

    $1,075 Per Month

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Condo for Rent

    612 N 5th St, Springfield, IL 62702

    Property Id: 1017831Medical District/Enos Park - Beautiful 2 bedroom - 1 bath house (upper unit). Near the corner of 5th and Carpenter. Located immediately north of downtown Springfield in the heart of the Medical District, just one block from the new YMCA. Close to grocery store, pharmacy, and downtown. Agent owned. No smoking. Street & off-street parking. Pet considered with

    (217) 492-8520

    612 N 5th St, Springfield, IL 62702
  • /6

    $495 Per Month

    • 3 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • House for Rent

    1236 N Oaklane Rd, Springfield, IL 62707

    Property Id: 2581074Welcome home to Lincoln Place! We currently have a beautiful 3 bedroom, 2 full bath home available for just $30,000. Located in a peaceful community featuring a scenic pond and playground, this home is also in the desirable Riverton School District—offering the perfect balance of comfort and convenience.This home is being sold by the current homeowner, who is

    (463) 231-3416

    1236 N Oaklane Rd, Springfield, IL 62707
  • /5

    $1,059 Per Month

    • 3 Beds
    • 2 Baths
    • 952 Sq Ft
    • House for Rent

    1236 N Oaklane Rd, Springfield, IL 62707

    Property Id: 2594158**Now Available at Lincoln Place!**Looking for a peaceful place to call home? Lincoln Place has a beautiful **3-bedroom, 2-bathroom manufactured home** available for rent for just **$1,059 per month**!* Move-in ready* Pet-friendly community* Located on the outskirts of Springfield, IL, offering a quieter lifestyle away from the hustle and bustle

    (463) 213-0684

    1236 N Oaklane Rd, Springfield, IL 62707
  • /9

    $3,152

    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 $3,153/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 22, 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

    (217) 718-6460

    8 S Old State Capitol Plaza Unit SI ID1031831P, Springfield, IL 62701
  • /11

    $1,818

    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 $1,818/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 2, 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

    (217) 672-5783

    2309 Cherry Hills Dr Unit SI FL1-ID1553497P, Springfield, IL 62704
  • /19

    $2,682

    Total Monthly Price

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

    2309 Cherry Hills Dr Unit SI FL2-ID1553487P, Springfield, IL 62704

    The advertised rate of $2,683/month is the lowest available price, based on a 30 day(s) stay with a move-in date of July 2, 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

    (217) 860-0575

    2309 Cherry Hills Dr Unit SI FL2-ID1553487P, Springfield, IL 62704
  • /11

    $3,169

    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 $3,170/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 19, 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

    (217) 993-9215

    8 S Old State Capitol Plaza Unit SI ID1031837P, Springfield, IL 62701
  • /2

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • 1,450 Sq Ft
    • House for Rent

    512 Board Place, Springfield, IL 62703

    Property Id: 2594664Recent updates throughout the home include fresh interior paint, new luxury vinyl plank flooring, new windows, and stylish ceramic tile around the bathtub and kitchen backsplash giving the home a clean, modern feel. Step outside to enjoy a fenced backyard with a good size, perfect for outdoor activities, entertaining, or kids and pets to play safely. The basement is

    (708) 400-9938

    512 Board Place, Springfield, IL 62703
  • /3

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    329 S Park Ave, Springfield, IL 62704

    Property Id: 2597411Charming 2-bedroom, 1-bath bungalow. This well-maintained home features a full basement, new flooring.

    (708) 980-0016

    329 S Park Ave, Springfield, IL 62704
  • /22

    $1,295

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,750 Sq Ft
    • Townhouse for Rent

    515 S Grand Ave W Unit I, Springfield, IL 62704

    Nestled in Henrietta Square, you will find this beautifully spacious town home equipped with all the modern amenities and relaxation you need, including a private sauna!Virtual 3D Walkthrough Tour available on company website or call to schedule a Oculus Virtual 3D Walkthrough Tour at our office today! Town Home features:2 Bdr/ 2 Bath town home. Renovated wood floor.

    515 S Grand Ave W Unit I, Springfield, IL 62704
  • /11

    $3,800

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 2,400 Sq Ft
    • House for Rent

    57 W Hazel Dell Ln, Springfield, IL 62703

    Lake Cottage nestled in the woods of Lake Springfield! Mature tree's abundant wild life, trophy deer roam this property! Two fire pits front and back ! Spa spa/hot tub ! Pool table with flat screen in the garage ! Beautiful home full of windows !Lawn Care and Swim Spa services included !

    57 W Hazel Dell Ln, Springfield, IL 62703
  • /2

    $1,100

    Total Monthly Price

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

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

    Second floor apartment and quiet neighborhood. Located in Enos Park. Great location, close to downtown and both St Johns and Memorial Hospital.

    913 N 7th St Unit 3, Springfield, IL 62702
  • /5

    $1,200

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • House for Rent

    741 W Vine St, Springfield, IL 62704

    Single Family House for rent in a great neighborhood just 2 blocks from Washington Park. 2 bedroom with 1 full bathroom. Kitchen includes a dishwasher, range, refrigerator and microwave. 2 car garage with a large backyard. Pets are considered. Tenant pays for all utilities, trash, lawn and snow removal. Credit and background check required. $1200 per month with a $1200 security deposit.

    741 W Vine St, Springfield, IL 62704
  • /27

    $1,500

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,150 Sq Ft
    • House for Rent

    925 N Wesley St, Springfield, IL 62702

    925 N Wesley St – Freshly updated 2 Bed / 2 Bath manufactured home available now! This home features new flooring, fresh paint, and a clean, modern feel throughout. The spacious layout includes a private master suite with a garden tub perfect for relaxing at the end of the day.Enjoy a small fenced-in yard for added privacy, ideal for outdoor time with one small dog. The home also includes

    925 N Wesley St, Springfield, IL 62702
  • /8

    $750

    Total Monthly Price

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

    618 N 5th St Unit 3, Springfield, IL 62702

    Furnished apartment. Upstairs in quiet building with long term tenants. Includes utilities, garbage. No pets. No smoking.

    618 N 5th St Unit 3, Springfield, IL 62702

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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.

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 $1,200 per month, though prices vary by neighborhood, size, and property type. As of June 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 $48,000 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 $1,200 per month in Springfield, IL, renters typically need to show $3,600 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 13.0, 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 Old Aristocracy Hill, Iles Park, Vinegar Hill, Historic West Side and Enos Park, each with its own character and price range.

Rental Trends in Springfield, IL

Rental Home Trends

Number of Homes for Rent
118
Median Rent
$1,200
Median Single Family Home Rent
$1,200
Median Townhouse Rent
$1,295
Median Condo Rent
$950
How to Rent a Home