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City Report · FL

Springfield

Pop. 8,230·292nd most expensive in Florida·Rents have been falling, good time to negotiate
Median rent (all units)
$1,367/mo
Year-over-Year
Stable
Month-over-Month
-6.5%
vs US Median
-$598
Falling (Monthly)
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Most AffordableMost Expensive
Springfield · $1,367
More affordable than 83% of US cities · National median $1,965/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $1,367/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$55,000/yr
Local median income
$54,462/yr
Based on the 30%-of-income rule using Springfield's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

1 BR
$1,182
2 BR
$1,245
3 BR
$1,572
Research median
$1,245/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: June 22, 2026

Annual cost
$16,404/yr
At $1,367/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -6.5% MoM), not inventory.
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Demographics

Who lives here

Springfield, FL is majority owner-occupied, has a median income below the national average, 15.5% of residents hold a bachelor's degree or higher.

Population
8,230
Median income
$54,462
Median age
38
Renters
38%
Age distribution
20%
22.3%
29.4%
17.7%
Under 1820%
18–3422.3%
35–5429.4%
55–6410.6%
65+17.7%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
61.8%
20.8%
White61.8%
Black20.8%
Hispanic8.8%
Asian3.4%
Other5.1%
Education (25+)
13.9%
37.8%
32.8%
15.5%
No HS diploma13.9%
HS diploma37.8%
Some college32.8%
Bachelor's+15.5%
Housing tenure
62%
38%
Owner62%
Renter38%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Springfield, FL has changed in 5 years

Income
$43,688 → $54,462
up 24.7%
Population
8,429 → 8,230
down 2.4%
Renter share
40.2% → 38%
-2.2 pts
Bachelor's+
10% → 15.5%
+5.5 pts
Median age
41.5 → 38
-3.5 yrs

On the earnings side, the typical household in Springfield, FL now reports about $54,462, up from $43,688 in 2021. Census counts show Springfield, FL losing about 199 residents over the five-year window, down 2.4% on net. The renter share has eased from 40.2% to 38%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 10% to 15.5% across the same window.

Community

Discussions about Springfield

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View Springfield rent history (2015–2026) →
Salary vs rent

Can you afford rent in Springfield on your salary?

At $1,367/mo, how Springfield rent compares to typical pay (30% rule).

By apartment size

Springfield rent by bedroom count

Median rent for each apartment size in Springfield. Click any size for full breakdown.

Local insights

Tips for renters in Springfield

About renting in Springfield, FL

Last updated: June 22, 2026

The median rent in Springfield is $1,367/mo as of June 2026. a 2-bedroom runs $1,245/mo. One-bedroom apartments average $1,182/mo and 3-bedroom units go for $1,572/mo.

At 30% of local median household income ($54,462/yr), Springfield ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Springfield an affordable city for renters?

Springfield is considered moderate for renters. At $1,367/mo, rent takes approximately 30% of the local median household income ($54,462/yr). The standard benchmark is 30%. Springfield slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Springfield?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,367/mo in Springfield. The local median household income is $54,462/yr, meaning the typical Springfield household falls short of that threshold.

Is rent going up or down in Springfield?

Rent in Springfield has been relatively stable over the past year, with a 0.0% change year over year as of June 2026.

How does Springfield rent compare to other cities in Florida?

Springfield is one of the more affordable cities in Florida for rent, ranking #292 out of 294 tracked cities at $1,367/mo.

What percentage of Springfield residents rent vs. own?

According to Census data, approximately 38% of Springfield households are renters, while 62% are owner-occupied. Springfield leans toward homeownership, which can mean a smaller rental inventory.

How does Springfield rent compare to the national average?

Springfield's median rent of $1,367/mo is $598 (30%) below the US national median of $1,965/mo. Within Florida, it ranks #292 out of 294 tracked cities.
Income Affordability
30%
MODERATE

At $1,367/mo, rent takes ~30% of Springfield's median household income ($54,462/yr). The standard benchmark is 30%.

Springfield 30%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Springfield, FL

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