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

The average rent for a 1-bedroom apartment in Springfield, IL is approximately $796, while a 2-bedroom apartment averages around $989.

Are rents going up or down in Springfield, IL?

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.

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

The best time to search for an apartment in Springfield is during the less competitive months of October and November when prices may be lower. However, March and April are the most competitive months, with a broader selection of available listings.

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

Vinegar Hill is a highly sought-after neighborhood, offering affordable rent at $815 for a 1-bedroom apartment. Downtown Springfield, Vinegar Hill, and Old Aristocracy Hill are also popular for their social living, safety, and access to amenities.

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

Vinegar Hill is an attractive option for budget-conscious renters due to its relatively affordable rent prices and desirable location.

Are there pet-friendly apartments in Springfield, IL?

Yes, Springfield offers a good selection of pet-friendly apartments, with 39% of listings allowing pets, including small pets, and another 39% allowing pets with some restrictions.