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Rental Market Trends in Springfield, MO

What is the average rent in Springfield, MO?

$905/month

Average Rent

655 Sq Ft

Average Apartment Size

+4.3%

Increase in the Last Year

As of December 2025, the average rent in Springfield, MO is $905 per month. This is 45% lower than the national average rent of $1,631/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 $847 per month for a studio, $905 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 $1,481 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$847/month
465 Sq Ft
One Bedroom
$905/month
655 Sq Ft
Two Bedroom
$1,061/month
938 Sq Ft
Three Bedroom
$1,481/month
1,305 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,091/month
988 Sq Ft
Three Bedroom
$1,492/month
1,304 Sq Ft
Four Bedroom
$2,133/month
1,870 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,026/month
1,052 Sq Ft
Three Bedroom
$1,713/month
1,016 Sq Ft

How much has average rent changed in Springfield, MO?

In the past year, rent has increased by 4.3%, which averages out to $40 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Springfield, MO
Last Updated December 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Springfield, MO
Percentage*
Rent Range
25% Below $700/month
42% $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, Walnut Street and Southern Hills are the most affordable neighborhoods in Springfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Springfield
$788/month
640 Sq Ft
Walnut Street
$795/month
661 Sq Ft
Southern Hills
$820/month
644 Sq Ft
Glendale Terrace
$842/month
658 Sq Ft
Cambridge Terrace
$858/month
651 Sq Ft
Springfield Entertainment District
$861/month
582 Sq Ft
High Meadow Estates
$864/month
584 Sq Ft
West Village
$931/month
651 Sq Ft
West Central
$967/month
717 Sq Ft
North Springfield
$1,010/month
692 Sq Ft

What are the most expensive neighborhoods in Springfield?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Scenic Park
$1,382/month
969 Sq Ft
Downtown Springfield
$1,127/month
735 Sq Ft
Southeast Springfield
$1,059/month
662 Sq Ft
Southwest Springfield
$1,022/month
699 Sq Ft
North Springfield
$1,010/month
692 Sq Ft
West Central
$967/month
717 Sq Ft
West Village
$931/month
651 Sq Ft
High Meadow Estates
$864/month
584 Sq Ft
Springfield Entertainment District
$861/month
582 Sq Ft
Cambridge Terrace
$858/month
651 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
$1,022/month
699 Sq Ft
Southeast Springfield
$1,059/month
662 Sq Ft
North Springfield
$1,010/month
692 Sq Ft
Downtown Springfield
$1,127/month
735 Sq Ft
West Central
$967/month
717 Sq Ft
Southern Hills
$820/month
644 Sq Ft
East Springfield
$788/month
640 Sq Ft
Cambridge Terrace
$858/month
651 Sq Ft
High Meadow Estates
$864/month
584 Sq Ft
Springfield Entertainment District
$861/month
582 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 $905, you’ll want to make about $3,016 per month or $36,192 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 9.3% lower than the national average. Generally, housing in Springfield is 15.7% less expensive than the national average, with rent falling between $847 - $1,481. You can expect to pay 4.3% less for groceries, 19.2% less for utilities, and 8.7% less for transportation.

City

Springfield, MO

1,823 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
$599/month
-
One Bedroom
$700/month
-
Two Bedroom
$838/month
-
Three Bedroom
$1,467/month
-
Search
Search

Nearby City Rent Trends

  • Brookline Average Rent

Apartment communities in Springfield we think you'll love

Orchard Park Apartments

Orchard Park Apartments

2601 N Cresthaven Ave,
Springfield, MO 65803

$755 - $2,120

Studio - 4 Beds

The Vibe Crossing

The Vibe Crossing

3861 W University St,
Springfield, MO 65807

$875 - $1,375

Studio - 2 Beds

Westwood on Battlefield

Westwood on Battlefield

1131 W Battlefield St,
Springfield, MO 65807

$945 - $1,146

1-2 Beds

Regency Tower

Regency Tower

634 S National Ave,
Springfield, MO 65804

$880 - $1,205

1-2 Beds

Property Management Companies in Springfield, MO

The Wooten Company
The Wooten Company
  • 50

    Communities

  • 4,198

    Units

  • 4

    Cities

48 Communities in Springfield
Investors Management and Marketing
Investors Management and Marketing
  • 50

    Communities

  • 5,471

    Units

  • 9

    Cities

11 Communities in Springfield
Entrust Property Solutions
Entrust Property Solutions
  • 14

    Communities

  • 1,623

    Units

  • 4

    Cities

10 Communities in Springfield
GPS Property Management
GPS Property Management
  • 11

    Communities

  • 383

    Units

  • 3

    Cities

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

    Communities

  • 1,490

    Units

  • 5

    Cities

5 Communities in Springfield
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 159

    Communities

  • 31,411

    Units

  • 82

    Cities

4 Communities in Springfield
Ghan & Cooper
Ghan & Cooper
  • 48

    Communities

  • 6,338

    Units

  • 20

    Cities

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

    Communities

  • 3,898

    Units

  • 10

    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 November 2025.

* Percentages may not total 100 due to rounding.

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