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Rental Market Trends in Springfield, OH

What is the average rent in Springfield, OH?

$827/month

Average Rent

615 Sq Ft

Average Apartment Size

+1.5%

Increase in the Last Year

As of April 2026, the average rent in Springfield, OH is $827 per month. This is 50% lower than the national average rent of $1,641/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 $688 per month for a studio, $827 for a one-bedroom apartment, and around $1,020 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,460 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$688/month
369 Sq Ft
One Bedroom
$827/month
615 Sq Ft
Two Bedroom
$1,020/month
897 Sq Ft
Three Bedroom
$1,460/month
1,229 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,161/month
424 Sq Ft
Four Bedroom
$1,738/month
1,506 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Springfield, OH?

In the past year, rent has increased by 1.5%, which averages out to $13 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Springfield, OH
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Springfield, OH
Percentage*
Rent Range
17% Below $700/month
50% $700 - $1,000/month
31% $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 $827, you’ll want to make about $2,756 per month or $33,072 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

203 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.

Explore the Area Guide for Springfield, OH

Apartment Averages

Nearby City Rent Trends

  • Fairborn Average Rent

Apartment communities in Springfield we think you'll love

Royal York

Royal York

1910 E High St,
Springfield, OH 45505

$735

1 Bed

Stone Crossing

Stone Crossing

2880 Dwight Rd,
Springfield, OH 45503

$1,125 - $1,150

2-3 Beds

Williamsburg Plaza

Williamsburg Plaza

2680 E High St,
Springfield, OH 45505

$735 - $840

1-2 Beds

Colonial Arms

Colonial Arms

1576 E High St,
Springfield, OH 45505

$735 - $840

1-2 Beds

Property Management Companies in Springfield, OH

Joseph Skilken Realty Inc
Joseph Skilken Realty Inc
  • 13

    Communities

  • 665

    Units

  • 4

    Cities

6 Communities in Springfield
BRG Apartments
BRG Apartments
  • 25

    Communities

  • 4,640

    Units

  • 21

    Cities

4 Communities in Springfield
Mid-Ohio Development
Mid-Ohio Development
  • 13

    Communities

  • 1,668

    Units

  • 10

    Cities

2 Communities in Springfield
RLJ Management Co., Inc.
RLJ Management Co., Inc.
  • 41

    Communities

  • 1,902

    Units

  • 38

    Cities

1 Community in Springfield
Harvest Investments LLC
Harvest Investments LLC
  • 32

    Communities

  • 5,882

    Units

  • 27

    Cities

1 Community in Springfield
T & R Properties
T & R Properties
  • 25

    Communities

  • 4,431

    Units

  • 17

    Cities

1 Community in Springfield
Sundance Property Management, Inc
Sundance Property Management, Inc
  • 22

    Communities

  • 1,865

    Units

  • 13

    Cities

1 Community in Springfield
Aspen Property Management
Aspen Property Management
  • 10

    Communities

  • 623

    Units

  • 10

    Cities

1 Community in Springfield

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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 February 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