Rentometer, Inc. | Data as of 10/23/2025
Springfield, Illinois offers a balanced rental market that blends historic charm with modern convenience, appealing to both young professionals and families seeking a vibrant Midwestern lifestyle. Downtown Springfield, anchored by the iconic Illinois State Capitol and the Abraham Lincoln Presidential Library, provides easy access to cultural attractions, dining, and public transit, making apartment living especially desirable. Neighborhoods such as South Park and Westown showcase a mix of historic homes and newly renovated lofts, while the surrounding suburbs feature spacious houses with yard space, perfect for those who prefer a quieter setting without sacrificing proximity to the city’s amenities.
Rental options span a range of property types and sizes. Studio apartments typically rent in the $800 range, with an average of $864 and a median near $680, offering affordable entry points for individuals and couples. One‑ and two‑bedroom apartments generally fall within the $900 to $1,100 range, while three‑bedroom units often approach the $1,400 mark, reflecting their larger floor plans and family‑friendly layouts. For house renters, one‑bedroom homes average around $822, and larger family homes—including four‑plus bedroom properties—average close to $1,800, with median rents hovering near $1,700. These figures illustrate a market that accommodates diverse budgets and lifestyle preferences, supported by a variety of neighborhoods, reputable schools, parks, and convenient access to major roadways, making Springfield a welcoming place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $863 | $677 | $628 - $1,800 | $650 - $750 |
| Apartment | 1 Bedroom | $1,002 | $935 | $500 - $3,000 | $800 - $1,099 |
| Apartment | 2 Bedroom | $1,147 | $1,045 | $675 - $3,800 | $825 - $1,275 |
| Apartment | 3 Bedroom | $1,403 | $1,372 | $975 - $1,975 | $1,199 - $1,450 |
| House | 1 Bedroom | $821 | $900 | $595 - $950 | $750 - $913 |
| House | 2 Bedroom | $1,190 | $1,050 | $640 - $2,600 | $950 - $1,300 |
| House | 3 Bedroom | $1,493 | $1,399 | $800 - $2,900 | $1,200 - $1,650 |
| House | 4+ Bedroom | $1,816 | $1,700 | $844 - $2,800 | $1,450 - $2,200 |
In the current period, the average rent in Springfield was $864 for Studio, $985 for 1 Bedroom, $1,171 for 2 Bedroom, $1,482 for 3 Bedroom, and $1,715 for 4+ Bedroom.
Data provided by Rentometer, Inc.