Find property management in Springfield, IL

Learn what to look for, compare Springfield management companies, and get free quotes.

The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.

Springfield Property Managers (1)

Showing all property managers in Springfield. Describe your property to show only the managers who offer the services you're looking for.

Core 3 Property Management

- Core 3 Property Management is a team of professionals who understand all aspects of the business. With a broad range of experience and market knowledge, Core 3 consistently maintains a high level... View full company profile
Offices in multiple locations

Market Info

Springfield Management Companies

Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Springfield property management companies to find and get quotes from multiple property managers in Springfield, Illinois. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.

Housing Market Stats

Springfield vacancy rates comparison with Illinois and nation
Springfield year property was built distribution chart
Springfield units in property distribution chart
Springfield home values distribution chart
Housing Comparison with State and Nation
Median Home Value$114,900$222,400$192,400
Owner Costs > 30% Income14.3%16.3%14.7%
Gross Rent > 30% Income17.6%18.6%19.2%
Source: U.S. Census Bureau - American Community Survey 2006-2008
Springfield owners vs. renters (ownership ratio) chart
Springfield rent to price ratio compared to Illinois and nation

Springfield Housing Market Stats

As of 2008, the rental vacancy rate in Springfield stood at 10%, relatively high compared to the rest of the country. There are about 96,055 housing units, averaging $114,900 in value, 28% of which are occupied by renters. The rent to price ratio in Springfield is 0.6%, slightly higher than the Illinois average. For 18% of Springfield tenants, 30% or more of their income goes to paying rent.

Demographic Stats

Springfield population, households, and families chart
Springfield families with children chart
Springfield age distribution chart
Springfield educational attainment distribution chart
Community Comparison with State and Nation
Avg Commute Time (minutes)19.328.325.3
Median Age38.935.436.7
Avg Household Size - Owners2.412.772.7
Avg Household Size - Renters2.082.352.42
Median Household Income$51,748$55,445$52,175
Per Capita Income$28,205$29,054$27,466
Source: U.S. Census Bureau - American Community Survey 2006-2008
Springfield household income distribution chart
Springfield worker distribution by industry chart

Springfield Demographic Info

Springfield has a population of 206,445, comprised of 86,812 households, with on average 2 members per household. Out of approximately 112,395 people in the civilian workforce, 104,810 (93%) were employed in 2008. 90% of the population 25 and older has earned a high school diploma, with 29% holding a 4 year college degree.