How much does it cost to rent in Springfield, IL?

As of July 2026, the median monthly rent in Springfield, IL is $1,176. This figure is based on aggregated data from public sources and community-submitted rents.

Is Springfield cheaper than other Illinois cities?

Springfield is among the more affordable cities in Illinois, ranking #123 out of 142 cities at $1,176/mo.

When was Springfield rent data last updated?

Springfield rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · IL

Springfield

Name: Average Rent Prices in Springfield, IL
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 113,330·123rd most expensive in Illinois·Springfield rents are up 6.4% over the past year

Median rent (all units)

$1,176/mo

Year-over-Year

+6.4%

Month-over-Month

-0.3%

vs US Median

-$789

Stable (Monthly)

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Most AffordableMost Expensive

Springfield · $1,176

More affordable than 93% of US cities · National median $1,965/mo

Rent Reality Score

46/100

Fairly priced

OverheatedFairGreat value

Rents are right about where Springfield's 10-year trend predicts.

Actual rent

$1,176/mo

Expected by trend

$1,154/mo

The Rent Reality Score compares today's median rent to where Springfield's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$750

1 BR

$890

2 BR

$1,095

3 BR

$1,480

4 BR+

$1,515

Research median

$1,095/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$14,112/yr

At $1,176/mo median

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (6.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+6.4% YoY, -0.3% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Springfield, IL is majority owner-occupied, 36.3% of residents hold a bachelor's degree or higher.

Population

113,330

Median income

$66,064

Median age

Renters

35.7%

Age distribution

20.8%

21.7%

24.4%

13.3%

19.9%

Under 1820.8%

18–3421.7%

35–5424.4%

55–6413.3%

65+19.9%

Gender

48.3%

51.7%

Male48.3%

Female51.7%

Race & ethnicity

70.1%

19.3%

White70.1%

Black19.3%

Hispanic3.4%

Asian3.1%

Other4.1%

Education (25+)

27.9%

29.2%

36.3%

No HS diploma6.7%

HS diploma27.9%

Some college29.2%

Bachelor's+36.3%

Housing tenure

64.3%

35.7%

Owner64.3%

Renter35.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Springfield, IL has changed in 5 years

Rent

$806 → $1,176

up 45.9%

Income

$57,596 → $66,064

up 14.7%

Population

114,672 → 113,330

down 1.2%

Renter share

37.8% → 35.7%

-2.1 pts

Bachelor's+

34.4% → 36.3%

+1.9 pts

Median age

39.7 → 41

+1.3 yrs

Five years ago, renters in Springfield, IL paid around $806 a month. That figure now sits near $1,176, up 45.9% from the 2021 baseline. Census figures show median household income at $66,064 today, compared with $57,596 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Springfield, IL losing about 1,342 residents over the five-year window, down 1.2% on net. The renter share has eased from 37.8% to 35.7%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Springfield

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View Springfield rent history (2015–2026) →

Salary vs rent

Can you afford rent in Springfield on your salary?

At $1,176/mo, how Springfield rent compares to typical pay (30% rule).

Registered Nurse

Avg $96,370/yr · Rent = 14.6% income

very comfortable

Elementary School Teacher

Avg $68,422/yr · Rent = 20.6% income

affordable

Police Officer

Avg $78,815/yr · Rent = 17.9% income

very comfortable

Software Developer

Avg $140,872/yr · Rent = 10% income

very comfortable

Lawyer

Avg $179,999/yr · Rent = 7.8% income

very comfortable

Firefighter

Avg $64,066/yr · Rent = 22% income

affordable

Truck Driver

Avg $57,844/yr · Rent = 24.4% income

affordable

Electrician

Avg $71,298/yr · Rent = 19.8% income

very comfortable

By apartment size

Springfield rent by bedroom count

Median rent for each apartment size in Springfield. Click any size for full breakdown.

Local insights

Tips for renters in Springfield

About renting in Springfield, IL

Last updated: July 20, 2026

The median rent in Springfield is $1,176/mo as of July 2026. A studio apartment averages $750/mo while a 2-bedroom runs $1,095/mo. One-bedroom apartments average $890/mo and 3-bedroom units go for $1,480/mo.

At 21% of local median household income ($66,064/yr), Springfield ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.4% over the past year.

FAQ

Frequently asked questions

Is Springfield an affordable city for renters?

Springfield is considered very affordable for renters. At $1,176/mo, rent takes approximately 21% of the local median household income ($66,064/yr). The standard benchmark is 30%. Springfield falls comfortably within that range.

How much income do you need to rent in Springfield?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (~$23/hour full-time) to afford the median rent of $1,176/mo in Springfield. The local median household income is $66,064/yr, meaning the typical Springfield household meets that threshold.

Is rent going up or down in Springfield?

Rent in Springfield has increased 6.4% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Springfield neighborhoods have the lowest rent?

The most affordable ZIP codes in Springfield are 62702 ($1,100/mo), and 62703 ($1,144/mo). Citywide, the median rent in Springfield is $1,176/mo.

How does Springfield rent compare to other cities in Illinois?

Springfield is one of the more affordable cities in Illinois for rent, ranking #123 out of 142 tracked cities at $1,176/mo.

Which nearby cities are cheaper to rent in than Springfield?

Decatur is nearby and more affordable at $1,019/mo, which is $157 less than Springfield.

What percentage of Springfield residents rent vs. own?

According to Census data, approximately 35.7% of Springfield households are renters, while 64.3% are owner-occupied. Springfield leans toward homeownership, which can mean a smaller rental inventory.

How does Springfield rent compare to the national average?

Springfield's median rent of $1,176/mo is $789 (40%) below the US national median of $1,965/mo. Within Illinois, it ranks #123 out of 142 tracked cities.

Income Affordability

21%

VERY AFFORDABLE

At $1,176/mo, rent takes ~21% of Springfield's median household income ($66,064/yr). The standard benchmark is 30%.

Springfield 21%Benchmark 30%

State income tax4.95%

Run the Springfield affordability calculator →

Nearby cities