2 Days Ago
Location
516 W Highland Ave, Springfield, IL 62704, USA
Tour 516 W Highland Ave
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Real Property Management Division
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Amenities for 516 W Highland Ave
Apartment Amenities
| Air Conditioning | Water Heater |
Appliances
| Range | Refrigerator |
Grounds
| Assigned Parking | Outdoor Space |
| Yard |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
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About 516 W Highland Ave
516 W Highland Ave cost $650 per month. A couple amenities for this apartment include but are not limited to: assigned parking and air conditioning. Located at 516 W Highland Ave, Springfield, IL 62704, USA, this unit has 1 bedroom and 1 bathroom. Based on the average rent price of 1 bedroom in Springfield, renting this apartment is 24% cheaper per month.
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 516 W Highland Ave compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Middle school nearby
- There is a middle school 1 mile away
Address details
| Zip code | 62704 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Springfield
1-bedroom apartments at 516 W Highland Ave cost about 24% less than the average rent price for 1-bedroom apartments in Springfield.
Median rents as of May 30 2026.
Springfield
| Month | Median Rent |
|---|---|
| June 2024 | $750 |
| July 2024 | $794 |
| August 2024 | $799 |
| September 2024 | $797 |
| October 2024 | $798 |
| November 2024 | $800 |
| December 2024 | $792 |
| January 2025 | $787 |
| February 2025 | $779 |
| March 2025 | $799 |
| April 2025 | $800 |
| May 2025 | $800 |
| June 2025 | $806 |
| July 2025 | $800 |
| August 2025 | $799 |
| September 2025 | $816 |
| October 2025 | $810 |
| November 2025 | $803 |
| December 2025 | $800 |
| January 2026 | $796 |
| February 2026 | $796 |
| March 2026 | $800 |
| April 2026 | $819 |
| May 2026 | $817 |
Affordability calculator
Can I afford to live at 516 W Highland Ave?
Bedrooms
1 bedroomRent-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
$26,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $26,000 annually to afford this 1-bedroom monthly rent price of $650.
For more information on rent affordability, visit our rent calculator.
Schools near 516 W Highland Ave
Black Hawk Elementary School
2500 s college st
springfield, IL, 62704
K-5Public
C+
Early Learning Center
2501 s 1st st
springfield, IL, 62704
PKPublic
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Internet available near 516 W Highland Ave
Neighborhood
Getting around Springfield near 516 W Highland Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 516 W Highland Ave, Springfield
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Nightlife
4/10
Some bars within walking distance
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Check availability
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