Average Rent in Springfield, IL

Springfield rentals average $963 for a 2-bedroom rental to $1,200 for a 3-bedroom rental. The median price of all currently available listings is $1,100, or roughly $13 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $38 (-5.17%) year-over-year from $725 to $688. 1-bedroom rentals prices have decreased by $129 (-14.27%) year-over-year from $904 to $775. 2-bedroom rentals prices have increased by $172 (16.30%) year-over-year from $1,053 to $1,225. 3-bedroom rentals prices have decreased by $167 (-12.66%) year-over-year from $1,317 to $1,150. 4-bedroom rentals prices have decreased by $83 (-4.95%) year-over-year from $1,683 to $1,600. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 15.93% this month. 3-bedroom rents have gone down by 4.70% this month. 4-bedroom rents have gone down by 0.00% this month.