Updated 4 Days Ago
Location
1040 N 2nd St, Springfield, IL 62702, USA
Tour 1040 N 2nd St
Contact
R&L Holdings 1 Inc.
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Property Overview
Located in a bustling neighborhood with walkable nearby areas, this property is associated with a strong social setting and access to 11 parks and recreation options. It also stands out for its value per square foot and proximity to nearby schools, including an elementary school about 0.24 miles away and a high school about 0.69 miles away.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elementary school nearby
- High school nearby
Great for
Social life
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 1040 N 2nd St
3br 1.5bth. 2cg Clise to Memorial Hospital
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1040 N 2nd St compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 576 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.2 miles away
- High school nearby
- There is a high school 0.7 miles away
Considerations
- Priced higher than average
- 3-bedrooms are $451 more than the median rent in this area
- Distance from grocery stores
- The nearest grocery store is 3.7 miles away
Address details
| Zip code | 62702 |
|---|---|
| Type | House for rent |
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Rent trends in Springfield
3-bedroom apartments at 1040 N 2nd St cost about 30% more than the average rent price for 3-bedroom apartments in Springfield.
Median rents as of Nov 7 2026.
Springfield
| Month | Median Rent |
|---|---|
| November 2024 | $1,300 |
| December 2024 | $1,300 |
| January 2025 | $1,279 |
| February 2025 | $1,300 |
| March 2025 | $1,244 |
| April 2025 | $1,239 |
| May 2025 | $1,299 |
| June 2025 | $1,300 |
| July 2025 | $1,300 |
| August 2025 | $1,343 |
| September 2025 | $1,363 |
| October 2025 | $1,366 |
| November 2025 | $1,370 |
| December 2025 | $1,300 |
| January 2026 | $1,282 |
| February 2026 | $1,274 |
| March 2026 | $1,250 |
| April 2026 | $1,244 |
| May 2026 | $1,201 |
| June 2026 | $1,200 |
| July 2026 | $1,225 |
| August 2026 | $1,200 |
| September 2026 | $1,243 |
| October 2026 | $1,332 |
| November 2026 | $1,350 |
Affordability calculator
Can I afford to live at 1040 N 2nd St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$70,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 3-bedrooms monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.
Schools near 1040 N 2nd St
McClernand Elementary School
801 n 6th st
springfield, IL, 62702
K-5Public
C
Early Learning Center
2501 s 1st st
springfield, IL, 62704
PKPublic
Getting around Springfield near 1040 N 2nd St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 1040 N 2nd St, Springfield
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
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