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Rental Market Trends in Springfield, MO

What is the average rent in Springfield, MO?

$870/month

Average Rent

657 Sq Ft

Average Apartment Size

+4.2%

Increase in the Last Year

As of June 2025, the average rent in Springfield, MO is $870 per month. This is 47% 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 $834 per month for a studio, $870 for a one-bedroom apartment, and around $1,055 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,475 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$834/month
462 Sq Ft
One Bedroom
$870/month
657 Sq Ft
Two Bedroom
$1,055/month
940 Sq Ft
Three Bedroom
$1,475/month
1,300 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$799/month
389 Sq Ft
Two Bedroom
$1,057/month
769 Sq Ft
Three Bedroom
$1,647/month
1,304 Sq Ft
Four Bedroom
$2,398/month
2,184 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, MO?

In the past year, rent has increased by 4.2%, 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Springfield, MO
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Springfield, MO
Percentage*
Rent Range
28% Below $700/month
41% $700 - $1,000/month
22% $1,001 - $1,500/month
7% $1,501 - $2,000/month
1% 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, West Central, Country Club Terrace and East Springfield are the most affordable neighborhoods in Springfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
West Central
$795/month
619 Sq Ft
Country Club Terrace
$835/month
574 Sq Ft
East Springfield
$906/month
635 Sq Ft
High Meadow Estates
$913/month
586 Sq Ft
Southern Gates
$914/month
573 Sq Ft
Southern Hills
$926/month
612 Sq Ft
Walnut Street
$929/month
682 Sq Ft
Southeast Springfield
$968/month
645 Sq Ft
West Village
$987/month
653 Sq Ft
Springfield Entertainment District
$999/month
573 Sq Ft

What are the most expensive neighborhoods in Springfield?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Scenic Park
$1,398/month
963 Sq Ft
Downtown Springfield
$1,053/month
655 Sq Ft
Southwest Springfield
$1,042/month
697 Sq Ft
North Springfield
$1,017/month
700 Sq Ft
Cambridge Terrace
$1,008/month
610 Sq Ft
Springfield Entertainment District
$999/month
573 Sq Ft
West Village
$987/month
653 Sq Ft
Southeast Springfield
$968/month
645 Sq Ft
Walnut Street
$929/month
682 Sq Ft
Southern Hills
$926/month
612 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 Downtown Springfield .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southwest Springfield
$1,042/month
697 Sq Ft
Southeast Springfield
$968/month
645 Sq Ft
Downtown Springfield
$1,053/month
655 Sq Ft
North Springfield
$1,017/month
700 Sq Ft
East Springfield
$906/month
635 Sq Ft
Country Club Terrace
$835/month
574 Sq Ft
West Central
$795/month
619 Sq Ft
High Meadow Estates
$913/month
586 Sq Ft
Southern Gates
$914/month
573 Sq Ft
Southern Hills
$926/month
612 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 $870, you’ll want to make about $2,900 per month or $34,800 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 12.7% lower than the national average. Generally, housing in Springfield is 24.1% less expensive than the national average, with rent falling between $834 - $1,475. You can expect to pay 5.4% less for groceries, 17.4% less for utilities, and 12.5% less for transportation.

City

Springfield, MO

1,619 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

West Central

Springfield, MO

Scenic Park

Springfield, MO

Studio
$624/month
-
One Bedroom
$597/month
-
Two Bedroom
$961/month
-
Three Bedroom
$1,577/month
-
Search
Search

Nearby City Rent Trends

  • Brookline Average Rent

Apartment communities in Springfield we think you'll love

Westwood on Battlefield

Westwood on Battlefield

1131 W Battlefield St,
Springfield, MO 65807

Studio - 2 Beds | $1,019 - $1,241

Regency Tower

Regency Tower

634 S National Ave,
Springfield, MO 65804

1-2 Beds | $960 - $1,205

Farmers Park

Farmers Park

2144 E Republic Rd,
Springfield, MO 65804

1-2 Beds | $1,410 - $1,900

SoEl District Lofts

SoEl District Lofts

430 E Elm St,
Springfield, MO 65806

1-3 Beds | $999 - $1,499

Property Management Companies in Springfield, MO

The Wooten Company
The Wooten Company
  • 51

    Communities

  • 4,210

    Units

  • 4

    Cities

49 Communities in Springfield
Entrust Property Solutions
Entrust Property Solutions
  • 13

    Communities

  • 1,388

    Units

  • 3

    Cities

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

    Communities

  • 5,122

    Units

  • 8

    Cities

10 Communities in Springfield
Affiniti Management Services
Affiniti Management Services
  • 11

    Communities

  • 1,578

    Units

  • 5

    Cities

6 Communities in Springfield
Campus Advantage
Campus Advantage
  • 32

    Communities

  • 6,964

    Units

  • 28

    Cities

4 Communities in Springfield
CRES Management, LLC
CRES Management, LLC
  • 19

    Communities

  • 3,644

    Units

  • 11

    Cities

4 Communities in Springfield
Ghan & Cooper
Ghan & Cooper
  • 42

    Communities

  • 5,468

    Units

  • 18

    Cities

2 Communities in Springfield
Sharpline Communities
Sharpline Communities
  • 22

    Communities

  • 1,577

    Units

  • 15

    Cities

2 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity