Average Rent in Springfield, IL and Rent Price Trends

Rent price trends in
Springfield, IL

Rent price trends

Rent prices for all bedroom counts and property types in Springfield, IL have decreased by 1% in the last month and have increased by 7% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Springfield, IL
The monthly rent for an apartment in Springfield, IL is $913. A 1-bedroom apartment in Springfield, IL costs about $800 on average, while a 2-bedroom apartment is $950. Houses for rent in Springfield, IL are more expensive, with an average monthly cost of $1,200.


1 bedroom	$800	2%	4%
2 bedroom	$1,000	2%	10%
3 bedroom	$1,250	5%	9%
4 bedroom	$2,300	2%	40%
Studio	$4,200	9%	389%

		Comparables
Downtown Springfield	$1,080
Harvard Park	$1,025
Historic West Side	$950
Iles Park	$1,041
Oak Ridge	$1,145
Oaks	$1,095
Old Aristocracy Hill	$1,000
Pillsbury	$1,060
Twin Lakes	$1,000
Vinegar Hill	$885


Apartments	$913	1%	No Change
Condos	$1,100	No Change	No Change
Houses	$1,200	1%	No Change

Studio

Average rent

$4,200

Last 30 days

Last year

389%

1 bedroom

Average rent

$800

Last 30 days

Last year

2 bedroom

Average rent

$1,000

Last 30 days

Last year

10%

3 bedroom

Average rent

$1,250

Last 30 days

Last year

4 bedroom

Average rent

$2,300

Last 30 days

Last year

40%

The table above reflects average rent prices in Springfield, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Springfield, IL to other cities

Median rent prices in Springfield, IL for all bedroom counts and property types compared to Alton, IL.

Springfield

Median rent price$1,069

44%

lower than the national median

Median rent price$1,250

34%

lower than the national median

Takeaway

The median rent for all rentals in Springfield, IL is 14% lower than the median rent in Alton, IL.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Alton

$1,250

20%

Last year

Bethalto

$1,050

21%

Last year

Bloomington

$1,150

Last year

Chatham

$1,495

13%

Last year

Decatur

$880

15%

Last year

Godfrey

$1,000

Last year

Litchfield

$850

N/A

Last year

Macomb

$697

Last year

Morton

$1,050

26%

Last year

Mount Zion

$950

N/A

Last year

Normal

$1,275

Last year

Pekin

$775

Last year

Cost of living in
Springfield, IL

The overall cost of living in Springfield, IL is 9% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.