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Rental Market Trends in Springfield, MA

What is the average rent in Springfield, MA?

$1,288/month

Average Rent

607 Sq Ft

Average Apartment Size

+1.6%

Increase in the Last Year

As of April 2026, the average rent in Springfield, MA is $1,288 per month. This is 22% lower than the national average rent of $1,641/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 $983 per month for a studio, $1,288 for a one-bedroom apartment, and around $1,614 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,623 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$983/month
492 Sq Ft
One Bedroom
$1,288/month
607 Sq Ft
Two Bedroom
$1,614/month
789 Sq Ft
Three Bedroom
$1,623/month
894 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$849/month
1,273 Sq Ft
Four Bedroom
$3,084/month
1,849 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 1.6%, which averages out to $21 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Springfield, MA
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Springfield, MA
Percentage*
Rent Range
5% Below $700/month
33% $700 - $1,000/month
49% $1,001 - $1,500/month
10% $1,501 - $2,000/month
3% 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, Lower Maple Historic District and South End Hampden are the most affordable neighborhoods in Springfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Springfield
$1,689/month
751 Sq Ft
Lower Maple Historic District
$1,782/month
698 Sq Ft
South End Hampden
$1,808/month
726 Sq Ft

What are the most expensive neighborhoods in Springfield?

Based on current rent prices, South End Hampden, Lower Maple Historic District and Downtown Springfield are the most expensive neighborhoods in Springfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South End Hampden
$1,808/month
726 Sq Ft
Lower Maple Historic District
$1,782/month
698 Sq Ft
Downtown Springfield
$1,689/month
751 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 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Springfield
$1,689/month
751 Sq Ft
Lower Maple Historic District
$1,782/month
698 Sq Ft
South End Hampden
$1,808/month
726 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 $1,288, you’ll want to make about $4,293 per month or $51,516 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

260 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

South End Hampden

Springfield, MA

Studio
$987/month
$1,195/month
One Bedroom
$1,454/month
$1,175/month
Two Bedroom
$1,833/month
$1,397/month
Three Bedroom
$1,531/month
$1,735/month
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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

$1,750 - $2,650 Plus Fees

1-2 Beds | 12 Month Lease

SilverBrick Lofts

SilverBrick Lofts

15 Taylor St,
Springfield, MA 01103

$1,372 - $1,805 Plus Fees

1-2 Beds

SilverBrick Square

SilverBrick Square

122 Chestnut St,
Springfield, MA 01103

$1,390 - $1,995 Plus Fees

Studio - 2 Beds

Skyview Downtown

Skyview Downtown

10 Chestnut St,
Springfield, MA 01103

$1,600 - $2,200 Plus Fees

1-3 Beds | 12 Month Lease

Property Management Companies in Springfield, MA

Beacon Communities
Beacon Communities
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  • 5,075

    Units

  • 26

    Cities

3 Communities in Springfield
Winn Companies
Winn Companies
  • 157

    Communities

  • 27,182

    Units

  • 112

    Cities

2 Communities in Springfield
The Simon Konover Company
The Simon Konover Company
  • 39

    Communities

  • 5,478

    Units

  • 26

    Cities

1 Community in Springfield
The Related Companies
The Related Companies
  • 43

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  • 10,096

    Units

  • 24

    Cities

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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity