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Rental Market Trends in Springfield, MO

Updated September 2026

The average rent in Springfield, MO is $925/month.

Rent in Springfield is 44% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$925/month

Average Rent

656 Sq Ft

Average Size

+3.2%

Change / Year

1,325

Available Apartments

Springfield rent varies by unit size and layout:

  • Studio apartments in Springfield average $882 per month.
  • One-bedroom apartments in Springfield average $925 per month.
  • Two-bedroom apartments in Springfield average $1,092 per month.
  • Three-bedroom apartments in Springfield average $1,479 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$882/month
458 Sq Ft
One Bedroom
$925/month
656 Sq Ft
Two Bedroom
$1,092/month
936 Sq Ft
Three Bedroom
$1,479/month
1,289 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$815/month
423 Sq Ft
Two Bedroom
$1,055/month
746 Sq Ft
Three Bedroom
$1,527/month
1,260 Sq Ft
Four Bedroom
$2,298/month
2,273 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,276/month
1,040 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,084/month
768 Sq Ft
Three Bedroom
$1,664/month
977 Sq Ft
View Springfield Apartments

How much has average rent changed in Springfield, MO?

In the past year, rent has increased by 3.2%, which averages out to $30 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Springfield, MO

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Springfield, MO
Percentage*
Rent Range
20% Below $700/month
41% $700 - $1,000/month
30% $1,001 - $1,500/month
7% $1,501 - $2,000/month
2% 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, Walnut Street, East Springfield and Southern Hills are the most affordable neighborhoods in Springfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Walnut Street
$834/month
548 Sq Ft
East Springfield
$893/month
557 Sq Ft
Southern Hills
$967/month
614 Sq Ft
West Central
$976/month
603 Sq Ft
Downtown Springfield
$1,285/month
637 Sq Ft

What are the most expensive neighborhoods in Springfield?

Based on current rent prices, Downtown Springfield, West Central and Southern Hills are the most expensive neighborhoods in Springfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Springfield
$1,285/month
637 Sq Ft
West Central
$976/month
603 Sq Ft
Southern Hills
$967/month
614 Sq Ft
East Springfield
$893/month
557 Sq Ft
Walnut Street
$834/month
548 Sq Ft

Which Springfield neighborhoods have the most rentals available?

The neighborhoods in Springfield with the most apartments available are West Central, East Springfield and Downtown Springfield .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
West Central
$976/month
603 Sq Ft
East Springfield
$893/month
557 Sq Ft
Downtown Springfield
$1,285/month
637 Sq Ft
Southern Hills
$967/month
614 Sq Ft
Walnut Street
$834/month
548 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 $925, you’ll want to make about $3,083 per month or $36,996 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 8.4% lower than the national average. Generally, housing in Springfield is 11.3% less expensive than the national average, with rent falling between $882 - $1,479. You can expect to pay 6.4% less for groceries, 21.1% less for utilities, and 10.4% less for transportation.

City

Springfield, MO

1,325 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.

View the Springfield Area Guide

Apartment Averages

Walnut Street

Springfield, MO

Downtown Springfield

Springfield, MO

Studio
$755/month
$901/month
One Bedroom
$794/month
$1,199/month
Two Bedroom
$868/month
$1,318/month
Three Bedroom
$1,572/month
$1,435/month
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Battlefield

    Battlefield

    Avg Rent: $786/month

  • Brookline

    Brookline

    Avg Rent: $1,134/month

  • Republic

    Republic

    Avg Rent: $926/month

  • Nixa

    Nixa

    Avg Rent: $997/month

  • Willard

    Willard

    Avg Rent: $658/month

  • Ozark

    Ozark

    Avg Rent: $923/month

  • Rogersville

    Rogersville

    Avg Rent: $906/month

Apartment Communities in Springfield We Think You'll Love

Orchard Park Apartments

Orchard Park Apartments

2601 N Cresthaven Ave,
Springfield, MO 65803

Studio - 4 Beds | $765 - $6,451

The 505 (MO)

The 505 (MO)

505 E St Louis St,
Springfield, MO 65806

Studio - 4 Beds | $568 - $10,118

The Crescent Apartments

The Crescent Apartments

2620 W Sunshine St,
Springfield, MO 65807

Studio - 2 Beds | $999 - $2,845

The Vibe Crossing

The Vibe Crossing

3861 W University St,
Springfield, MO 65807

Studio - 2 Beds | $875 - $1,250

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Frequently Asked Questions

What is the average rent in Springfield?

The average rent in Springfield is $925 per month, which is 44.4% lower than the national average of $1,664.

What is the average rent for a house in Springfield?

The average rent for a house in Springfield, MO is $1,527 per month.

What is the average rent for a townhome in Springfield?

The average rent for a townhome in Springfield, MO is $1,084 per month.

Are rents going up or down in Springfield?

Rents in Springfield, MO are increasing, with prices up 3.2% year-over-year and $30 more per month.

What rent range is most common in Springfield?

In Springfield, MO, 41% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity