Apartments in 45503

1 - 3 of 3 Results
2
$825 - 975
Springfield, OH
1 - 3 BR | Available Now
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Storage
10
$1,095
Springfield, OH
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
18
$1,450
3950 Cabot Drive Springfield, OH
3 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Balcony/Deck/Patio
1 - 3 of 3 Results

Apartments near 45503

11 Results
5
$1,100
Columbus, OH
2 BR | Available Now
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Storage
6
$1,400
South Vienna, OH
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
8
$1,250
South Vienna, OH
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
6
$625
Springfield, OH
1 BR | May. 1, 2024
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$735
505-515 W Third St Springfield, OH
1 BR | Available Now
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Storage
4
$950
Springfield, OH
3 BR | Available Now
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Dog Friendly
Cat Friendly
13
$980
Springfield, OH
3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
19
$880
Springfield, OH
2 BR | Available Now
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Balcony/Deck/Patio
Storage
Dishwasher
3
$645
Springfield, OH
2 BR | Available Now
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Storage
Disability Access
4
Call for Pricing
4100 Troy Rd Site 1 Springfield, OH
Studio - 3 BR | Available Now
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Fireplace
$322 - 339
4100 Troy Rd Site 1 Springfield, OH
Studio | Available Now
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How much does it cost to rent an apartment in 45503?

45503 apartments
Bed Type Average Rent Range
1BR $830 $830 - $830
2BR $1,100 $1,100 - $1,100
3BR $1,210 $980 - $1,450
Find an Apartment in 45503
Looking for apartments for rent in the 45503 zip code in Springfield, OH? Look no further! Currently, there are 4 units available for rent in this area on Rentable. The average rent in the 45503 zip code is $1,040, with the most affordable option starting at $825 for a 1-bedroom unit.

The 45503 zip code in Springfield, OH is home to various points of interest and amenities. Nearby parks such as XYZ Park and ABC Trail provide opportunities for outdoor activities and relaxation. Additionally, the community of Springfield offers a variety of shopping, dining, and entertainment options for residents to enjoy.

Whether you're looking for a cozy studio or a spacious three-bedroom apartment, Rentable's apartments near 45503 have a wide range of options to choose from. Take a look at the available units in this zip code and find the perfect rental that suits your needs and preferences.

Springfield:
April Rent Report

Welcome to the April 2024 Springfield Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Springfield rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Springfield and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Springfield average rent prices in the chart below.

Monthly Rent Report

$1,200
$900
$600
$300
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Springfield Rent Prices Decrease From March to April

Springfield rent prices decreased over the last month. From March to April, the city experienced a -4.39% decrease for the price of a one-bedroom apartment. The rent price for a Springfield one-bedroom apartments currently stands at $740.0.

When we take a look at the two-bedroom comparison from March to April, Springfield experienced a -3.32% decrease for the price of a two-bedroom apartment. The rent price for a Springfield two-bedroom apartments currently stands at $1,018.0.

April Prices: Springfield vs. Surrounding Areas

Springfield, OH
$775
$0
$300
$600
$900
$1,200
Median 1 BR Rent

Rent Prices in Springfield and Surrounding Areas

Rent prices have decreased in Springfield over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Springfield suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Springfield suburbs

  • Rents did not decrease in any of the Springfield suburbs.

April 2024 Pricing Trends: Springfield vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Springfield, OH
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$775
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Springfield Rent Prices More Affordable Than Major Cities

Rent growth in Springfield over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Springfield average rent prices appear to be relatively affordable for local residents.

The price for a Springfield one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Springfield and surrounding area rent prices, take a look at the complete data set below.

Data set for Springfield and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Springfield, OH $775.0 0.26% $982.0 2.83%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.