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505 Springfield offers outstanding overall value, with excellent ratings for price, amenities, location, and trustworthiness, making it a strong choice for renters seeking both quality and transparency. The property is conveniently situated in a highly walkable, transit-friendly area with numerous parks, recycling or composting options, and an exceptionally vibrant dining and social scene nearby.
Things you’ll love
Great for
| 2BR/1.0BA | 2 bed | 1 bath | 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. |
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Apartment Amenities
| Central Heat | Heating |
| Hot Water | Trash |
Appliances
| Dishwasher | Microwave |
| Oven | Range |
| Refrigerator | Stove |
Building
| Sewer |
Grounds
| Outdoor Space |
Services
| Lawn Care | Snow Removal |
One-time.
One-time. Refundable.
| Units | 16 |
|---|
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.
How 505 Springfield compares to other nearby properties.
Positives
Considerations
| Month | Median Rent |
|---|---|
| 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 | $856 |
| April 2026 | $870 |
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