Last updated
Average Rent in Springfield IL & Rent Trends
Rent prices and market trends across 3 apartment communities in Springfield IL. Updated daily.
Market Average
$1,092/mo
Lowest Available
$600/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
15
available now
Rent by Neighborhood in Springfield IL
Compare average rent across Springfield IL neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Springfield 62704 | $1,317 | $950 | 2 | 9 |
| Laketown | $754 | $600 | 1 | 6 |
Is Rent Going Up or Down in Springfield IL?
As of May 2026, the average rent in Springfield IL is $1,092 per month across 3 apartment communities and 15 available units.
The most affordable option is Whispering Pines Apartment Homes starting at $600/mo. By unit type, a 1-bedroom averages $744/mo, a 2-bedroom averages $1,013/mo, a 3-bedroom averages $1,465/mo.
Prices range from $600 to $1,515 per month. The most common price point is the $600 range, where 4 units are currently listed.
Springfield IL Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Springfield IL
Rent Prices by Apartment in Springfield IL
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Whispering Pines Apartment Homes | $600/mo | $754/mo | 6 | 2.6 |
| Capital City Property Management LLC | $950/mo | $1,158/mo | 3 | 3.6 |
| Orchard Park | $1,050/mo | $1,396/mo | 6 | 4.4 |
Google Search Trends for Springfield IL Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Springfield IL
What is the average rent in Springfield IL?
Is rent going up or down in Springfield IL?
What is the cheapest apartment in Springfield IL?
How much is a 1-bedroom apartment in Springfield IL?
How many apartments are available in Springfield IL?
What salary do I need to live comfortably in Springfield IL?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$44,000/year
30 percent rule -- using our average rent of $1,092/mo.
Comfortable income
$52,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($600/mo), you need to earn at least $24,000/year.
Median household income in Springfield IL is $65,537 , about 25% above the comfortable-living threshold.
Cost of living in Springfield IL
Overall prices in Springfield IL runs below the national average by about 9% (BEA Regional Price Parity index 90.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Springfield IL's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,092 |
| Utilities | $280 |
| Groceries | $503 |
| Transportation | $668 |
| Healthcare | $326 |
| Other goods and services | $522 |
| Estimated total | $3,391/mo |
Population
113,714
Median household income
$65,537
Census median rent
$945/mo
Rent as % of income
28.4%
Median age
40.7
Mean commute
18 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Springfield IL Apartments
Browse all 3 communities with daily-updated pricing and availability.