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Rental Market Trends in Springfield, OH

Updated September 2026

The average rent in Springfield, OH is $833/month.

Rent in Springfield is 50% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$833/month

Average Rent

615 Sq Ft

Average Size

+2%

Change / Year

86

Available Apartments

Springfield rent varies by unit size and layout:

  • Studio apartments in Springfield average $697 per month.
  • One-bedroom apartments in Springfield average $833 per month.
  • Two-bedroom apartments in Springfield average $1,032 per month.
  • Three-bedroom apartments in Springfield average $1,476 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$697/month
370 Sq Ft
One Bedroom
$833/month
615 Sq Ft
Two Bedroom
$1,032/month
894 Sq Ft
Three Bedroom
$1,476/month
1,229 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,402/month
544 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,059/month
1,168 Sq Ft
View Springfield Apartments

How much has average rent changed in Springfield, OH?

In the past year, rent has increased by 2%, which averages out to $17 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Springfield, OH

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Springfield, OH
Percentage*
Rent Range
16% Below $700/month
51% $700 - $1,000/month
30% $1,001 - $1,500/month
3% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Springfield is $833, you’ll want to make about $2,776 per month or $33,312 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.

City

Springfield, OH

86 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Springfield, OH 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

Compare Rent Trends Nearby

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

  • Enon

    Enon

    Avg Rent: $859/month

  • Yellow Springs

    Yellow Springs

    Avg Rent: $764/month

  • Urbana

    Urbana

    Avg Rent: $806/month

  • New Carlisle

    New Carlisle

    Avg Rent: $722/month

  • Medway

    Medway

    Avg Rent: $706/month

Apartment Communities in Springfield We Think You'll Love

Royal York

Royal York

1910 E High St,
Springfield, OH 45505

1 Bed | $735

Colonial Arms

Colonial Arms

1576 E High St,
Springfield, OH 45505

1-2 Beds | $735 - $840

Williamsburg Plaza

Williamsburg Plaza

2680 E High St,
Springfield, OH 45505

1-2 Beds | $735 - $880

Stone Crossing

Stone Crossing

2880 Dwight Rd,
Springfield, OH 45503

2-3 Beds | $1,025 - $1,150

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Frequently Asked Questions

What is the average rent in Springfield?

The average rent in Springfield is $833 per month, which is 50.0% lower than the national average of $1,665.

What is the average rent for a house in Springfield?

The average rent for a house in Springfield, OH is $1,402 per month.

What is the average rent for a townhome in Springfield?

The average rent for a townhome in Springfield, OH is $1,059 per month.

Are rents going up or down in Springfield?

Rents in Springfield, OH are increasing, with prices up 2.0% year-over-year and $17 more per month.

What rent range is most common in Springfield?

In Springfield, OH, 51% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Ohio 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity