• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Cost of Living in Springfield
  • Rent Calculator
English

Language

English Español
Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Springfield, TN

Updated July 2026

The average rent in Springfield, TN is $1,189/month.

Rent in Springfield is 29% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,189/month

Average Rent

800 Sq Ft

Average Size

-8.7%

Change / Year

29

Available Apartments

Springfield rent varies by unit size and layout:

  • Studio apartments in Springfield average per month.
  • One-bedroom apartments in Springfield average $1,189 per month.
  • Two-bedroom apartments in Springfield average $1,338 per month.
  • Three-bedroom apartments in Springfield average $1,470 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,189/month
800 Sq Ft
Two Bedroom
$1,338/month
1,054 Sq Ft
Three Bedroom
$1,470/month
807 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,864/month
1,368 Sq Ft
View Springfield Apartments

How much has average rent changed in Springfield, TN?

In the past year, rent has decreased by 8.7%, which averages out to $104 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Springfield, TN

July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Springfield, TN
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
50% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Springfield is $1,189, you’ll want to make about $3,963 per month or $47,556 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, TN is 1.4% lower than the national average. Generally, housing in Springfield is 1.9% more expensive than the national average, with rent falling between $0 - $1,470. You can expect to pay 0.2% more for groceries, 1.7% less for utilities, and 10.1% less for transportation.

City

Springfield, TN

29 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Springfield, TN 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.

Apartment Averages

Apartment Communities in Springfield We Think You'll Love

Meadow Glen Apartments

Meadow Glen Apartments

502 Black Patch Dr,
Springfield, TN 37172

1-3 Beds | $1,175 - $1,500

223 Fieldstone Ln

223 Fieldstone Ln

223 Fieldstone Ln,
Springfield, TN 37172

3 Beds | $2,279

658 19th Ave W

658 19th Ave W

658 19th Ave W,
Springfield, TN 37172

3 Beds | $1,545

543 Faye Aly

543 Faye Aly

543 Faye Aly,
Springfield, TN 37172

3 Beds | $2,049

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Manage Your Rentals

Guides for Managing Your Rental

A Landlord’s Guide to Rental Property Accounting

Simplify bookkeeping and keep deductions organized.

How to Identify the Perfect Rental Tenant

Spot tenant red flags before you hand over keys.

How Long Does It Take to Process Rental Applications? A Landlord's Timeline

Speed up approvals by fixing common application delays.

Online Lease Agreements: A Simple Process for Rental Managers

Send leases online and get signatures sooner.

Explore Rental Manager Resources

Frequently Asked Questions

What is the average rent in Springfield?

The average rent in Springfield is $1,189 per month, which is 28.5% lower than the national average of $1,663.

What is the average rent for a house in Springfield?

The average rent for a house in Springfield, TN is $1,864 per month.

Are rents going up or down in Springfield?

Rents in Springfield, TN are decreasing, with prices down 8.7% year-over-year and $104 less per month.

What rent range is most common in Springfield?

In Springfield, TN, 50% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Tennessee 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.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity