Springfield, IL Rent History

115 months of data, 20162026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,176
1-year change
+6.4%
$71/mo
5-year change
+41.0%
$342/mo
10-year change
+61.8%
$449/mo

Monthly rent trend

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Year-by-year rent in Springfield

YearMedian rentYoY changevs 2016
2016$727/mo0.0%
2017$719/mo-1.1%-1.1%
2018$735/mo+2.2%+1.1%
2019$754/mo+2.6%+3.7%
2020$777/mo+3.1%+6.9%
2021$818/mo+5.3%+12.5%
2022$907/mo+10.9%+24.8%
2023$979/mo+7.9%+34.7%
2024$1,046/mo+6.8%+43.9%
2025$1,096/mo+4.8%+50.8%
2026$1,172/mo+6.9%+61.2%

Frequently asked questions

How much has rent in Springfield changed since 2016?

Median rent in Springfield, IL was $727 in 2016-12 and is $1,176 as of 2026-06 — a change of $449 per month over 10 years.

How much has Springfield rent increased in the last 5 years?

Over the past 5 years, median rent in Springfield, IL has changed +41.0% ($342 per month). The current median is $1,176.

What has rent in Springfield done over the past decade?

Over the past 10 years, median rent in Springfield, IL has changed +61.8% ($449 per month). It is now $1,176.

Is rent in Springfield going up or down year over year?

Year over year, median rent in Springfield, IL has increased +6.4% ($71/mo). Current median: $1,176.

See full rent data for Springfield, IL
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.