Springfield, MA Rental Market Trends
What is the average rent in Springfield?
The average rent for an apartment in Springfield is $1,352. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Springfield, MA
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,352 | 696 sq. ft. |
What is the average apartment size in Springfield?
The average size for a Springfield, MA apartment is 696 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Springfield, MA apartment rent ranges
Springfield, MA Occupied Housing Units
30,511 or 52% of the households in Springfield, MA are renter-occupied while 27,937 or 48% are owner-occupied.
Springfield, MA rent trends
Average Rent in Springfield, MA By Neighborhood
| City | Average Rent |
|---|---|
| Metro Center | $1,391 |
| Forest Park Heights | $1,281 |
| Six Corners | $1,271 |
| Sixteen Acres | $1,213 |
| East Springfield | $1,178 |
| Brightwood | $1,172 |
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What are the most affordable neighborhoods in Springfield?
The most affordable neighborhoods in Springfield are Brightwood, where the average rent goes for $1,172/month, East Springfield, where renters pay $1,178/mo on average, and Sixteen Acres, where the average rent goes for $1,213/mo.
What are the most expensive neighborhoods in Springfield?
The most expensive neighborhoods in Springfield are Six Corners ($1,271), Forest Park Heights ($1,281) and Metro Center ($1,391).
What are the most popular neighborhoods in Springfield?
The most popular neighborhood in Springfield is Forest Park Heights, where there are 1 listings with an average rent of $1,281. Next up is Sixteen Acres, where apartments go for $1,213/month, followed by Brightwood with $1,172 If you’re looking to rent in Springfield’s most popular neighborhoods, make sure to also check out East Springfield, where renters pay $1,178 on average, and Metro Center, where the average monthly rent is $1,391.
Springfield | Rent Comparison by Neighborhood
Rent in Brightwood is 1% lower than in East Springfield
$1,172
Brightwood rent is 13% lower than Springfield average
Average Rent
$1,172
$1,178
East Springfield rent is 13% lower than Springfield average
Average Rent
$1,178
How Springfield Compares to Other Cities
What is the average price for a storage unit in Springfield?
The average rent for a non-climate-controlled 10'x10' storage unit in Springfield is $120.31. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.