Question 1

How much is the average rent in Springfield, IL for 1-bedroom and 2-bedroom apartments?

Accepted Answer

Springfield's 2025 rental market shows one-bedroom apartments averaging around $800 per month, while two-bedroom units average around $1,000 monthly. Both apartment types experienced increases from the previous year, with two-bedrooms seeing a 5.0% rise and one-bedrooms up 2.6%.

Question 2

Are rents going up or down in Springfield, IL?

Accepted Answer

Rents in Springfield, IL have been increasing, with a modest rise of 3% in 2024 compared to the previous year. Notably, 1-bedroom apartments saw a 4% increase, and 3-bedroom apartments experienced a significant 15% rise.

Question 3

When is the best time to look for an apartment in Springfield, IL?

Accepted Answer

April offers the lowest rent prices in Springfield with approximately 6.7% savings compared to July, which has the highest rent of the year. Spring months like April provide better pricing opportunities, while July represents the most competitive month with greater demand compared to available inventory.

Question 4

What are the best neighborhoods to rent an apartment in Springfield, IL?

Accepted Answer

Harvard Park and Oak Ridge represent Springfield's most sought-after neighborhoods, both commanding around $1,050 per month for one-bedroom apartments. Harvard Park generates nearly 1.5 times more consumer interest than the market average, while Oak Ridge draws 1.3 times more inquiries than typical Springfield listings.

Question 5

What areas of Springfield, IL are best for budget-conscious renters?

Accepted Answer

Vinegar Hill offers the most affordable option with median rent around $790, providing excellent value for renters seeking lower costs. Historic West Side presents another budget-friendly choice with median rent around $960, still below the city's premium neighborhoods while maintaining good neighborhood amenities.

Question 6

Are there pet-friendly apartments in Springfield, IL?

Accepted Answer

Springfield offers strong pet-friendly options with 31% of listings welcoming pets. Harvard Park and Oak Ridge stand out as excellent choices for pet owners, featuring amenities like pet waste stations, dedicated pet bed spaces, and pet-safe windows, with Harvard Park offering particularly welcoming pet policies without restrictions.

Question 7

Are utilities usually included in rent in Springfield, IL?

Accepted Answer

Utilities are rarely included in Springfield rental prices, appearing in less than 1% of total listings across all apartment types. One-bedroom apartments have the highest rate of utility inclusion at approximately 0.14% of listings, while three-bedroom units show the lowest inclusion rate at 0.03%.

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