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 2% in the last month and have remained the same 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 $900. A 1-bedroom apartment in Springfield, IL costs about $795 on average, while a 2-bedroom apartment is $995. Houses for rent in Springfield, IL are more expensive, with an average monthly cost of $1,275.


1 bedroom	$795	3%	2%
2 bedroom	$999	2%	1%
3 bedroom	$1,300	4%	4%
4 bedroom	$2,400	7%	11%
Studio	$4,200	2%	449%

		Comparables
Enos Park	$1,145
Harvard Park	$1,000
Historic West Side	$950
Iles Park	$1,060
Lincoln Park	$1,050
Oak Ridge	$1,017
Old Aristocracy Hill	$1,034
Springfield South Corridor	$975
Vinegar Hill	$812
Westchester	$1,050


Apartments	$900	1%	No Change
Condos	$1,150	No Change	No Change
Houses	$1,275	2%	No Change

Studio

Average rent

$4,200

Last 30 days

Last year

449%

1 bedroom

Average rent

$795

Last 30 days

Last year

2 bedroom

Average rent

$999

Last 30 days

Last year

3 bedroom

Average rent

$1,300

Last 30 days

Last year

4 bedroom

Average rent

$2,400

Last 30 days

Last year

11%

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$1,000

47%

lower than the national median

Median rent price$975

49%

lower than the national median

Takeaway

The median rent for all rentals in Springfield, IL is 3% higher 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

$975

12%

Last year

Bethalto

$1,150

20%

Last year

Bloomington

$1,050

11%

Last year

Chatham

$1,625

17%

Last year

Decatur

$880

Last year

Godfrey

$1,195

Last year

Litchfield

$800

N/A

Last year

Macomb

$765

Last year

Morton

$1,100

25%

Last year

Mount Zion

$925

24%

Last year

Normal

$1,224

Last year

Pekin

$787

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.