11 Hours Ago
Highlights
Pet Friendly
- Additional storage space
- Upgraded hardwood flooring
- On-site laundry room
Location
700 1st St, Springfield, OR 97477, USA
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Property Overview
Park Place shines with an impressive Zumper expert rating of 8.5, reflecting its excellent balance of pricing and value at 9 out of 10, alongside a superior amenities rating of 10. Residents enjoy additional storage, upgraded hardwood flooring, and an on-site laundry room, all contributing to a quality lifestyle enhanced by its prime location near transport and schools. With public transit and pet-friendly features nearby, Park Place also stands out for its commitment to environmental sustainability, making it a compelling choice for a diverse range of renters.
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
More space- Middle school nearby
- Images Available
Great for
Eco living
Pet owners
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 400 sqft | $1,100 /mo | 1 unit available | Welcome to your top-floor studio apartment in the heart of downtown Springfield, OR! This top floor gem offers a convenient and comfortable living experience. The apartment comes with an on-site laundry room, saving you time and effort on laundry days. The location is unbeatable, placing you right in the center of downtown Springfield, with easy access to local shops, restaurants, and entertainment. The apartment also offers flexible month-to-month lease options, providing you with the freedom to plan your stay according to your needs. Plus, you can say goodbye to the hassle of utility bills as electricity, water, sewer, and trash services are all included in the rent. Experience the ease and convenience of downtown living in this newly remodeled studio apartment. Contact the office to get more information! :) Water/Sewer/Trash/Electricity is included in the rent. All residents required to have renter's insurance. Deposits are equal to one month of rent or higher based on application background/credit check. Application fee is $45 per person over 18. Applications are reviewed by Background Investigations, takes between 6-10 days. Rent is prorated based on move in date. First come first serve with applications. The period of time during which management will accept rental housing applications is TODAY 2/18/2026, and closed until the unit is rented. Applicants who do not speak English will have an extra 48 hours to apply. | |
| 2BR/1.0BA | 2 bed | 1 bath | 900 sqft | $1,350–$1,400 /mo | 3 units available | Welcome to Park Place Apartments! Located in downtown Springfield! Close to shopping, resturaunts, and the bus station! This apartment boasts two spacious bedrooms and a full bathroom, perfect for those who value comfort and convenience. The upgraded hardwood flooring throughout the unit adds elegance and durability. The kitchen is equipped with a fridge and an oven range, making meal preparation a breeze. The upgraded patio is a perfect spot for relaxation and outdoor enjoyment. The apartment also offers ONE dedicated parking space for each unit that is included in your rent! Additional storage space is available underneath the staircase, providing ample room for your belongings. The on-site laundry room adds to the convenience, eliminating the need for frequent trips to the laundromat. Water/Sewer/Trash is included in the rent. Electricity is based on usage, paid to Springfield Utility Board! All residents required to have renter's insurance. Deposits are equal to one month of rent or higher based on application background/credit check. Application fee is $45 per person over 18. Applications are reviewed by Background Investigations, takes between 6-10 days. Rent is prorated based on move in date. What are you waiting for? Give the office a call today to schedule an in person tour :) First come first serve with applications. The period of time during which management will accept rental housing applications is TODAY 12/31/2025, and closed until the unit is rented. Applicants who do not speak English will have an extra 48 hours to apply. |
Let's explore this property.
Amenities for Park Place
Apartment Amenities
| Hardwood Floor | Top Floor Studio |
| Two Story | Upgraded Flooring |
Appliances
| Fridge | Oven/Range |
| Refrigerator |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Assigned Parking | Outdoor Space |
| Storage |
Services
| Water, Sewer and Trash Included |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 54 |
|---|
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About Park Place
Welcome to Park Place Apartments! Located in downtown Springfield! Close to shopping, resturaunts, and the bus station! This apartment boasts two spacious bedrooms and a full bathroom, perfect for those who value comfort and convenience. The upgraded hardwood flooring throughout the unit adds elegance and durability. The kitchen is equipped with a fridge and an oven range, making meal preparation a breeze. The upgraded patio is a perfect spot for relaxation and outdoor enjoyment. The apartment also offers ONE dedicated parking space for each unit that is included in your rent! Additional storage space is available underneath the staircase, providing ample room for your belongings. The on-site laundry room adds to the convenience, eliminating the need for frequent trips to the laundromat. Water/Sewer/Trash is included in the rent. Electricity is based on usage, paid to Springfield Utility Board! All residents required to have renter's insurance. Deposits are equal to one month of rent or higher based on application background/credit check. Application fee is $45 per person over 18. Applications are reviewed by Background Investigations, takes between 6-10 days. Rent is prorated based on move in date. What are you waiting for? Give the office a call today to schedule an in person tour :) First come first serve with applications. The period of time during which management will accept rental housing applications is TODAY 12/31/2025, and closed until the unit is rented. Applicants who do not speak English will have an extra 48 hours to apply.
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.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, Park Place is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Park Place has a number of attractive features—namely its Amenities— 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.
Park Place 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·10A 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.
Park Place stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Park Place 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 Park Place 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.
Park Place 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 Park Place compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 300 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 0.3 mile away
- More space
- The 2-bedroom is 130 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Pet friendly
- This property allows pets
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Springfield
1-bedroom apartments here are priced 5% higher than 1-bedrooms in Springfield.
If you decide to upgrade your space, you can expect 2-bedrooms at Park Place to be 7% less than the average for similarly sized apartments in Springfield.
Median rents as of Mar 7 2026.
Springfield
| Month | Median Rent |
|---|---|
| March 2024 | $1,150 |
| April 2024 | $1,022 |
| May 2024 | $985 |
| June 2024 | $1,107 |
| July 2024 | $950 |
| August 2024 | $950 |
| September 2024 | $1,292 |
| October 2024 | $1,210 |
| November 2024 | $795 |
| January 2025 | $884 |
| February 2025 | $923 |
| March 2025 | $1,052 |
| April 2025 | $903 |
| May 2025 | $850 |
| June 2025 | $870 |
| July 2025 | $1,075 |
| August 2025 | $1,095 |
| December 2025 | $850 |
| January 2026 | $897 |
| February 2026 | $774 |
| March 2026 | $695 |
Affordability calculator
Can I afford to live at 700 1st St?
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
$44,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 1-bedroom monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.
Schools near Park Place
Two Rivers Dos Rios Elementary School
1084 g st
springfield, OR, 97477
K-5Public
C+
Chinese Language Immersion School
2200 bailey hill rd
eugene, OR, 97405
K-5Public
A
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Internet available near Park Place
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Springfield near 700 1st St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 700 1st St, Springfield
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
4/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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