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Rental Market Trends in Springfield, MO

What is the average rent in Springfield, MO?

$889/month

Average Rent

663 Sq Ft

Average Apartment Size

+2.6%

Increase in the Last Year

As of September 2025, the average rent in Springfield, MO is $889 per month. This is 46% lower than the national average rent of $1,639/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 $835 per month for a studio, $889 for a one-bedroom apartment, and around $1,061 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,485 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$835/month
465 Sq Ft
One Bedroom
$889/month
663 Sq Ft
Two Bedroom
$1,061/month
944 Sq Ft
Three Bedroom
$1,485/month
1,293 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$780/month
508 Sq Ft
Two Bedroom
$936/month
774 Sq Ft
Three Bedroom
$1,619/month
1,299 Sq Ft
Four Bedroom
$2,436/month
2,337 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,019/month
881 Sq Ft
Three Bedroom
$1,389/month
1,425 Sq Ft

How much has average rent changed in Springfield, MO?

In the past year, rent has increased by 2.6%, which averages out to $24 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 September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Springfield, MO
Last Updated September 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Springfield, MO
Percentage*
Rent Range
25% Below $700/month
41% $700 - $1,000/month
26% $1,001 - $1,500/month
6% $1,501 - $2,000/month
2% 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, East Springfield, Chamberlains Estates and Walnut Street are the most affordable neighborhoods in Springfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Springfield
$793/month
638 Sq Ft
Chamberlains Estates
$793/month
601 Sq Ft
Walnut Street
$797/month
645 Sq Ft
West Central
$803/month
615 Sq Ft
Springfield Entertainment District
$849/month
611 Sq Ft
Country Club Terrace
$867/month
603 Sq Ft
North Springfield
$875/month
668 Sq Ft
Southern Hills
$908/month
619 Sq Ft
Southern Gates
$942/month
575 Sq Ft
High Meadow Estates
$978/month
610 Sq Ft

What are the most expensive neighborhoods in Springfield?

Based on current rent prices, Scenic Park, Southeast Springfield and Southwest Springfield are the most expensive neighborhoods in Springfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Scenic Park
$1,306/month
912 Sq Ft
Southeast Springfield
$1,123/month
667 Sq Ft
Southwest Springfield
$1,056/month
694 Sq Ft
Downtown Springfield
$1,034/month
672 Sq Ft
Elfindale
$1,030/month
822 Sq Ft
Cambridge Terrace
$994/month
618 Sq Ft
West Village
$986/month
702 Sq Ft
High Meadow Estates
$978/month
610 Sq Ft
Southern Gates
$942/month
575 Sq Ft
Southern Hills
$908/month
619 Sq Ft

Which Springfield neighborhoods have the most rentals available?

The neighborhoods in Springfield with the most apartments available are Southwest Springfield, Southeast Springfield and North Springfield .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southwest Springfield
$1,056/month
694 Sq Ft
Southeast Springfield
$1,123/month
667 Sq Ft
North Springfield
$875/month
668 Sq Ft
Downtown Springfield
$1,034/month
672 Sq Ft
East Springfield
$793/month
638 Sq Ft
West Central
$803/month
615 Sq Ft
Southern Hills
$908/month
619 Sq Ft
High Meadow Estates
$978/month
610 Sq Ft
Country Club Terrace
$867/month
603 Sq Ft
Cambridge Terrace
$994/month
618 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Springfield is $889, you’ll want to make about $2,963 per month or $35,556 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.

Cost of Living

The cost of living in Springfield, MO is 12.1% lower than the national average. Generally, housing in Springfield is 23.0% less expensive than the national average, with rent falling between $835 - $1,485. You can expect to pay 4.9% less for groceries, 17.3% less for utilities, and 11.8% less for transportation.

City

Springfield, MO

1,491 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Springfield, MO 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, MO

Apartment Averages

East Springfield

Springfield, MO

Scenic Park

Springfield, MO

Studio
$597/month
-
One Bedroom
$669/month
-
Two Bedroom
$818/month
-
Three Bedroom
$1,286/month
-
Search
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Nearby City Rent Trends

  • Brookline Average Rent

Apartment communities in Springfield we think you'll love

The Vibe Crossing

The Vibe Crossing

3861 W University St,
Springfield, MO 65807

$975 - $1,500

Studio - 2 Beds

Westwood on Battlefield

Westwood on Battlefield

1131 W Battlefield St,
Springfield, MO 65807

$939 - $1,127

Studio - 2 Beds

Regency Tower

Regency Tower

634 S National Ave,
Springfield, MO 65804

$880 - $1,205

1-2 Beds

Farmers Park

Farmers Park

2144 E Republic Rd,
Springfield, MO 65804

$1,410 - $1,900

1-2 Beds

Property Management Companies in Springfield, MO

The Wooten Company
The Wooten Company
  • 50

    Communities

  • 4,175

    Units

  • 4

    Cities

48 Communities in Springfield
Investors Management and Marketing
Investors Management and Marketing
  • 44

    Communities

  • 5,085

    Units

  • 8

    Cities

11 Communities in Springfield
Entrust Property Solutions
Entrust Property Solutions
  • 12

    Communities

  • 1,263

    Units

  • 3

    Cities

10 Communities in Springfield
TLC Properties
TLC Properties
  • 10

    Communities

  • 1,745

    Units

  • 5

    Cities

6 Communities in Springfield
Affiniti Management Services
Affiniti Management Services
  • 10

    Communities

  • 1,418

    Units

  • 5

    Cities

5 Communities in Springfield
Campus Advantage
Campus Advantage
  • 37

    Communities

  • 8,372

    Units

  • 29

    Cities

4 Communities in Springfield
Ghan & Cooper
Ghan & Cooper
  • 46

    Communities

  • 5,884

    Units

  • 19

    Cities

4 Communities in Springfield
CRES Management, LLC
CRES Management, LLC
  • 17

    Communities

  • 3,514

    Units

  • 9

    Cities

4 Communities in Springfield

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United States Missouri 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity