Zumper
modified
17 Hours Ago

Highlights

  • Pet Friendly
  • Spacious bedrooms
  • Hardwood flooring
  • Vibrant lifestyle
  • On-site laundry room
  • New carpeting

Location

700 1st St, Springfield, OR 97477, USA
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Contact

Management

Millstone Property Management, Inc.

Leasing office

(541) 653-9273

Property Overview

Park Place is an appealing property with a comprehensive Zumper Expert Rating of 8.8, highlighting its excellent amenities, competitive pricing, and a prime location rated at 9 out of 10. The property features spacious bedrooms, hardwood flooring, and vibrant living spaces, alongside on-site laundry and new carpeting. With strong ratings for trustworthiness and pet friendliness, it offers convenient access to schools and public transport, making it an attractive option for a wide 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.

Zumper Expert Rating

8.5
Very Good
With 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.

Things you’ll love

  • Middle school nearby
  • More space
  • High school nearby

Great for

  • Pet owners

Floor plans

2BR/1.0BA2 bed1 bath900 sqft$1,400 /mo1 unit availableWelcome 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 $5 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.

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Amenities for Park Place

Apartment Amenities

Two StoryUpgraded Flooring

Appliances

FridgeOven/Range
Refrigerator

Building

Cats OKDogs OK
Onsite Laundry

Grounds

Assigned ParkingStorage
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

Units54
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About Park Place

HomeApartments in Springfield 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 $5 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 Good
With 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.
How we rated Park Place
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:

Pet owners

  • Outdoor spaces are available at this property
  • 4 pet hospitals in the area
  • 6 pet supply stores near the property
  • 1 pet grooming service nearby

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

Middle school nearby
There is a middle school 0.3 mile away
More space
The 2-bedroom is 90 sqft larger than other listings nearby
High school nearby
There is a high school 0.4 mile away
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
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Springfield

2-bedroom apartments at Park Place cost about 3% less than the average rent price for 2-bedroom apartments in Springfield.

Median rents as of Dec 20 2025.
Springfield
A table of studio rental data trends in Springfield
MonthMedian Rent
February 2024$884
March 2024$1,048
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

Affordability calculator

Can I afford to live at 700 1st St?

Bedrooms

2 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

$56,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this 2-bedrooms monthly rent price of $1,400.
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+
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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

Explore the area around 700 1st St

Bungalow Market
30 E St
Everyones Market
1128 5th St
Fresh Asia Market
623 W Centennial Blvd
Fred Meyer
650 Q St
Safeway
1891 Pioneer Pkwy E

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