Orchard Park Apartments
2601 N Cresthaven Ave,
Springfield, MO 65803
Studio - 4 Beds | $765 - $5,193
Rental Market Trends in Springfield, MO
Updated July 2026
The average rent in Springfield, MO is $920/month.
Rent in Springfield is 45% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$920/month
Average Rent
657 Sq Ft
Average Size
+2.7%
Change / Year
1,779
Available Apartments
Springfield rent varies by unit size and layout:
- Studio apartments in Springfield average $871 per month.
- One-bedroom apartments in Springfield average $920 per month.
- Two-bedroom apartments in Springfield average $1,090 per month.
- Three-bedroom apartments in Springfield average $1,486 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Springfield, MO?
In the past year, rent has increased by 2.7%, which averages out to $26 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Springfield, MO
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
22%
Below $700/month
39%
$700 - $1,000/month
31%
$1,001 - $1,500/month
6%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
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.
Neighborhood
Average Rent
Average 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.
Neighborhood
Average Rent
Average Sq Ft
Which Springfield neighborhoods have the most rentals available?
The neighborhoods in Springfield with the most apartments available are East Springfield, Walnut Street and Downtown Springfield .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Springfield, MO?
Because the average rent in Springfield is $920, you’ll want to make about $3,066 per month or $36,792 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 $871 - $1,486. You can expect to pay 6.4% less for groceries, 21.1% less for utilities, and 10.4% less for transportation.
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 GuideStudio
$762/month
$813/month
One Bedroom
$797/month
$1,293/month
Two Bedroom
$862/month
$1,256/month
Three Bedroom
$1,572/month
$1,462/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Springfield We Think You'll Love
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Frequently Asked Questions
What is the average rent in Springfield?
The average rent in Springfield is $920 per month, which is 44.6% lower than the national average of $1,662.
What is the average rent for a house in Springfield?
The average rent for a house in Springfield, MO is $1,602 per month.
Are rents going up or down in Springfield?
Rents in Springfield, MO are increasing, with prices up 2.7% year-over-year and $26 more per month.
What rent range is most common in Springfield?
In Springfield, MO, 39% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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.