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Rental Market Trends in Springfield, OH

Updated July 2026

The average rent in Springfield, OH is $830/month.

Rent in Springfield is 50% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$830/month

Average Rent

615 Sq Ft

Average Size

+1.4%

Change / Year

160

Available Apartments

Springfield rent varies by unit size and layout:

  • Studio apartments in Springfield average $702 per month.
  • One-bedroom apartments in Springfield average $830 per month.
  • Two-bedroom apartments in Springfield average $1,034 per month.
  • Three-bedroom apartments in Springfield average $1,485 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$702/month
369 Sq Ft
One Bedroom
$830/month
615 Sq Ft
Two Bedroom
$1,034/month
894 Sq Ft
Three Bedroom
$1,485/month
1,229 Sq Ft
View Springfield Apartments

How much has average rent changed in Springfield, OH?

In the past year, rent has increased by 1.4%, which averages out to $12 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Springfield, OH

July 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 $830, you’ll want to make about $2,766 per month or $33,192 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.

City

Springfield, OH

160 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

Apartment Communities in Springfield We Think You'll Love

Stone Crossing

Stone Crossing

2880 Dwight Rd,
Springfield, OH 45503

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

Royal York

Royal York

1910 E High St,
Springfield, OH 45505

1 Bed | $735

Williamsburg Plaza

Williamsburg Plaza

2680 E High St,
Springfield, OH 45505

1-2 Beds | $735 - $900

Colonial Arms

Colonial Arms

1576 E High St,
Springfield, OH 45505

1-2 Beds | $734 - $840

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Frequently Asked Questions

What is the average rent in Springfield?

The average rent in Springfield is $830 per month, which is 50.1% lower than the national average of $1,663.

Are rents going up or down in Springfield?

Rents in Springfield, OH are increasing, with prices up 1.4% year-over-year and $12 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 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.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity