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Rental Market Trends in Springfield, MI

Updated August 2026

The average rent in Springfield, MI is $902/month.

Rent in Springfield is 46% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$902/month

Average Rent

610 Sq Ft

Average Size

+1.1%

Change / Year

80

Available Apartments

Springfield rent varies by unit size and layout:

  • Studio apartments in Springfield average $804 per month.
  • One-bedroom apartments in Springfield average $902 per month.
  • Two-bedroom apartments in Springfield average $1,094 per month.
  • Three-bedroom apartments in Springfield average $1,214 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$804/month
416 Sq Ft
One Bedroom
$902/month
610 Sq Ft
Two Bedroom
$1,094/month
770 Sq Ft
Three Bedroom
$1,214/month
1,180 Sq Ft
View Springfield Apartments

How much has average rent changed in Springfield, MI?

In the past year, rent has increased by 1.1%, which averages out to $10 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Springfield, MI

August 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Springfield, MI
Percentage*
Rent Range
0% Below $700/month
60% $700 - $1,000/month
40% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Springfield?

Based on current rent prices, Valley View is the most affordable neighborhood in Springfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Valley View
$871/month
551 Sq Ft

What are the most expensive neighborhoods in Springfield?

Based on current rent prices, Valley View is the most expensive neighborhood in Springfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Valley View
$871/month
551 Sq Ft

Which Springfield neighborhoods have the most rentals available?

The neighborhood in Springfield with the most apartments available is Valley View .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Valley View
$871/month
551 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Springfield is $902, you’ll want to make about $3,006 per month or $36,072 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, MI

80 Available Apartments for Rent

Search for Nearby Apartments

How does Springfield, MI compare to other nearby cities and neighborhoods?

Use the tool below to compare Springfield, MI 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.

View the Springfield Area Guide

Apartment Averages

Valley View

Springfield, MI

Valley View

Springfield, MI

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Battle Creek

    Battle Creek

  • Comstock

    Comstock

Apartment Communities in Springfield We Think You'll Love

Fairlane Apartments

Fairlane Apartments

719 Avenue A,
Springfield, MI 49037

1-2 Beds | $858 - $1,095

Brookside Apartments

Brookside Apartments

4201 W Dickman Rd,
Springfield, MI 49037

Studio - 2 Beds | $801 - $1,111

Wyndtree Townhomes

Wyndtree Townhomes

10 Wyndtree Dr,
Battle Creek, MI 49037

3 Beds | $1,500 - $1,600

Eagles Ridge Apartments

Eagles Ridge Apartments

801 Tecumseh Rd,
Battle Creek, MI 49037

2-3 Beds | $1,195 - $2,000

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Frequently Asked Questions

What is the average rent in Springfield?

The average rent in Springfield is $902 per month, which is 45.8% lower than the national average of $1,663.

Are rents going up or down in Springfield?

Rents in Springfield, MI are increasing, with prices up 1.1% year-over-year and $10 more per month.

What rent range is most common in Springfield?

In Springfield, MI, 60% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Michigan 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 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