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Rental Market Trends in Springfield, MA

What is the average rent in Springfield, MA?

$1,243/month

Average Rent

616 Sq Ft

Average Apartment Size

+2.8%

Increase in the Last Year

As of June 2025, the average rent in Springfield, MA is $1,243 per month. This is 24% lower than the national average rent of $1,627/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 $940 per month for a studio, $1,243 for a one-bedroom apartment, and around $1,496 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,483 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$940/month
509 Sq Ft
One Bedroom
$1,243/month
616 Sq Ft
Two Bedroom
$1,496/month
786 Sq Ft
Three Bedroom
$1,483/month
910 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,645/month
587 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 2.8%, which averages out to $35 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Springfield, MA
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Springfield, MA
Percentage*
Rent Range
6% Below $700/month
33% $700 - $1,000/month
49% $1,001 - $1,500/month
11% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Springfield
$1,660/month
738 Sq Ft
South End Hampden
$1,685/month
693 Sq Ft
Lower Maple Historic District
$1,750/month
700 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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lower Maple Historic District
$1,750/month
700 Sq Ft
South End Hampden
$1,685/month
693 Sq Ft
Downtown Springfield
$1,660/month
738 Sq Ft

Which Springfield neighborhoods have the most rentals available?

The neighborhoods in Springfield with the most apartments available are Downtown Springfield, South End Hampden and Lower Maple Historic District .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Springfield
$1,660/month
738 Sq Ft
South End Hampden
$1,685/month
693 Sq Ft
Lower Maple Historic District
$1,750/month
700 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Springfield, MA?

Because the average rent in Springfield is $1,243, you’ll want to make about $4,143 per month or $49,716 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.

City

Springfield, MA

220 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Springfield, MA

Apartment Averages

Downtown Springfield

Springfield, MA

Lower Maple Historic District

Springfield, MA

Studio
$976/month
-
One Bedroom
$1,375/month
-
Two Bedroom
$1,687/month
-
Three Bedroom
$1,483/month
-
Search
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Nearby City Rent Trends

  • Chicopee Average Rent
  • West Springfield Average Rent
  • Ludlow Average Rent
  • Feeding Hills Average Rent

Apartment communities in Springfield we think you'll love

Stockbridge Court

Stockbridge Court

45 Willow St,
Springfield, MA 01103

1-2 Beds | $1,750 - $2,150

Park Edge

Park Edge

415 Porter Lake Dr,
Springfield, MA 01105

Studio - 2 Beds | $2,235 - $2,260

ThirtyOne Elm

ThirtyOne Elm

13-31 Elm St,
Springfield, MA 01103

1-2 Beds | $1,642 - $1,775

SilverBrick Lofts

SilverBrick Lofts

15 Taylor St,
Springfield, MA 01103

Studio - 1 Bed | $1,255 - $1,635

Property Management Companies in Springfield, MA

Winn Companies
Winn Companies
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  • 28,336

    Units

  • 91

    Cities

3 Communities in Springfield
Beacon Communities
Beacon Communities
  • 35

    Communities

  • 5,359

    Units

  • 27

    Cities

3 Communities in Springfield
The Related Companies
The Related Companies
  • 56

    Communities

  • 14,472

    Units

  • 32

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1 Community in Springfield
The Simon Konover Company
The Simon Konover Company
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  • 5,446

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1 Community in Springfield

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United States Massachusetts Springfield Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity