16 Hours Ago
Location
505 Springfield Ave, Urbana, IL 61801, USA
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Property Overview
505 Springfield is a well-rated property with strong value, amenities, and location, earning an overall Zumper Expert Rating of 8.3 out of 10 and a notably high price, amenities, and location score. It is conveniently situated, has 24 photos for a helpful visual overview, and is a good fit for those who appreciate transit access, walkability, nearby parks, and a lively area with many dining options.
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- Images Available
Great for
Eco living
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $1,025 /mo | 1 unit available | |||
| 2BR/1.0BA | 2 bed | 1 bath | $1,175 /mo | 1 unit available |
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Amenities for 505 Springfield
Apartment Amenities
| Central Heat | Heating |
| Hot Water | Trash |
| Water |
Appliances
| Dishwasher | Microwave |
| Oven | Range |
| Refrigerator | Stove |
Building
| Sewer |
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
505 Springfield cost $1,025–$1,175 per month. Located at 505 Springfield Ave, Urbana, IL 61801, USA, 505 Springfield has 1 — 2 bedroom units available. Based on the average rent price of 2 bedrooms in Urbana, renting an apartment at 505 Springfield is 4% more expensive per month.Other apartment buildings in or around Urbana include but are not limited to: 510 S Mattis Ave, 1901 Karen Ct, 2404 Clayton Blvd, 904 Hartwell Dr
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.
8.3
/10
Very GoodWith a solid 8.3 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·9A 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 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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·7A 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.
505 Springfield provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Urbana
1-bedroom apartments here are priced 16% higher than 1-bedrooms in Urbana.
If you decide to upgrade your space, you can expect 2-bedrooms at 505 Springfield to be 4% more than the average for similarly sized apartments in Urbana.
Median rents as of Jun 20 2026.
Urbana
| Month | Median Rent |
|---|---|
| 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 |
| May 2026 | $847 |
| June 2026 | $845 |
Affordability calculator
Can I afford to live at 505 Springfield Ave?
Bedrooms
Rent-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
$41,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,000 annually to afford this 1-bedroom monthly rent price of $1,025.
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
9/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
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 15-minute walk
Nightlife
4/10
Some bars within walking distance
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