Springfield, MA Rental Market Trends
Last updated: November 14, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Springfield is $1,495, a 1.69% increase compared to the previous year, when the average rent was $1,470.
Studio Apartments at $1,062 offer the most budget-friendly option with 514 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 632 square feet for $1,478, balancing privacy and affordability.
Two-beedroom units at $1,673 offer 907 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,048 sq ft) for $1,737, suitable for larger households.
Average rent in Springfield, MA
Last updated: November 14, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,495 | 713 sq. ft. |
| Studio | $1,062 | 514 sq. ft. |
| 1 Bed | $1,478 | 632 sq. ft. |
| 2 Beds | $1,673 | 907 sq. ft. |
| 3 Beds | $1,737 | 1,048 sq. ft. |
Springfield, MA rent trends
Rental prices in Springfield, MA have increased by 1.69% over the past year. The average rent moved from $1,470 to $1,495.
What's the typical rent budget in Springfield, MA?
The largest share of rentals in Springfield, MA (45%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Springfield, MA?
29,319 or 51% of the households in Springfield, MA are renter-occupied while 28,727 or 49% are owner-occupied.
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Springfield apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.