3 Days Ago
Location
505 Springfield Ave, Urbana, IL 61801, USA
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Property Overview
505 Springfield is rated highly with an overall Zumper score of 8.6, reflecting its competitive pricing and exceptional amenities. The property's prime location offers easy access to public transit, numerous parks, and a vibrant social scene with 183 restaurants within a mile. Additionally, it promotes environmental sustainability through nearby transit options and on-site recycling, ensuring a high quality of life for its residents.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Dishwasher
Great for
Social life
Eco living
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 800 sqft | $1,075–$1,125 /mo | 2 units available | This well-located unit features modern touches and a functional layout in a highly desirable area. Conveniently situated on the bus line, within walking distance to downtown Urbana, and just a few blocks from campus. |
Let's explore this property.
Amenities for 505 Springfield
Apartment Amenities
| Central Heat | Heating |
| Hot Water | Trash |
Appliances
| Dishwasher | Microwave |
| Oven | Range |
| Refrigerator | Stove |
Building
| Sewer |
Services
| Lawn Care | Snow Removal |
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
Building details
Property details
| Units | 16 |
|---|
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About 505 Springfield
This well-located unit features modern touches and a functional layout in a highly desirable area. Conveniently situated on the bus line, within walking distance to downtown Urbana, and just a few blocks from campus.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 505 Springfield is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 505 Springfield has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
505 Springfield offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
505 Springfield goes above and beyond to provide sought-after conveniences and desirable perks, including hot water. Renters looking for popular or luxurious features will find them here—and for that reason, 505 Springfield receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
505 Springfield is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 505 Springfield does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
505 Springfield is great for:
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 505 Springfield compares to other nearby properties.
Positives
- Dishwasher
- Dishwasher available in kitchen
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Urbana
2-bedroom apartments at 505 Springfield cost about 2% less than the average rent price for 2-bedroom apartments in Urbana.
Median rents as of Mar 7 2026.
Urbana
| Month | Median Rent |
|---|---|
| March 2024 | $706 |
| April 2024 | $761 |
| May 2024 | $751 |
| June 2024 | $714 |
| July 2024 | $702 |
| August 2024 | $801 |
| September 2024 | $828 |
| October 2024 | $783 |
| November 2024 | $755 |
| December 2024 | $872 |
| January 2025 | $809 |
| February 2025 | $793 |
| March 2025 | $769 |
| April 2025 | $784 |
| May 2025 | $803 |
| June 2025 | $843 |
| July 2025 | $739 |
| August 2025 | $766 |
| October 2025 | $907 |
| November 2025 | $864 |
| December 2025 | $807 |
| January 2026 | $830 |
| February 2026 | $831 |
| March 2026 | $852 |
Affordability calculator
Can I afford to live at 505 Springfield Ave?
Bedrooms
2 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
$43,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $43,000 annually to afford this 2-bedrooms monthly rent price of $1,075.
For more information on rent affordability, visit our rent calculator.
Schools near 505 Springfield
Leal Elementary School
312 w oregon st
urbana, IL, 61801
K-5Public
B-
Urbana Early Childhood Center
2202 e washington st
urbana, IL, 61802
PKPublic
Thomasboro Grade School
201 n phillips st
thomasboro, IL, 61878
PK, K-8Public
C-
Gifford Grade School
po box 70
gifford, IL, 61847
K-8Public
B
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Internet available near 505 Springfield
Getting around Urbana near 505 Springfield Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 505 Springfield Ave, Urbana
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Nightlife
4/10
Few or no bars within walking distance
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