SilverBrick Lofts
15 Taylor St,
Springfield, MA 01103
$1,430 - $1,799 Plus Fees
1-2 Beds
Rental Market Trends in Springfield, MA
What is the average rent in Springfield, MA?
$1,279/month
Average Rent
604 Sq Ft
Average Apartment Size
+2.9%
Increase in the Last Year
As of March 2026, the average rent in Springfield, MA is $1,279 per month. This is 21% lower than the national average rent of $1,626/month, making renting in Springfield more affordable than most cities in the US. When you rent an apartment in Springfield, you can expect to pay about $975 per month for a studio, $1,279 for a one-bedroom apartment, and around $1,703 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,746 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Springfield, MA?
In the past year, rent has increased by 2.9%, which averages out to $37 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Springfield, MA
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
5%
Below $700/month
33%
$700 - $1,000/month
49%
$1,001 - $1,500/month
8%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Springfield?
Based on current rent prices, Downtown Springfield, South End Hampden and Lower Maple Historic District are the most affordable neighborhoods in Springfield.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Springfield?
Based on current rent prices, Lower Maple Historic District, South End Hampden and Downtown Springfield are the most expensive neighborhoods in Springfield.
Neighborhood
Average Rent
Average Sq Ft
Which Springfield neighborhoods have the most rentals available?
The neighborhoods in Springfield with the most apartments available are Downtown Springfield, Lower Maple Historic District and South End Hampden .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Springfield, MA?
Because the average rent in Springfield is $1,279, you’ll want to make about $4,263 per month or $51,156 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Springfield, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Springfield, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$993/month
-
One Bedroom
$1,437/month
-
Two Bedroom
$1,851/month
-
Three Bedroom
$1,531/month
-
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.