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City Report · FL

Springfield

Pop. 8,230·291st most expensive in Florida·Rents have been falling, good time to negotiate
Median rent (all units)
$1,320/mo
Year-over-Year
Stable
Month-over-Month
-3.4%
vs US Median
-$642
Falling (Monthly)
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Most AffordableMost Expensive
Springfield · $1,320
More affordable than 87% of US cities · National median $1,962/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,320/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$53,000/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
Fair Market Rent (HUD)
$1,245/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,320 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$15,840/yr
At $1,320/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, -3.4% 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 $1,320/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: August 17, 2026

The median rent in Springfield is $1,320/mo as of August 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 29% of local median household income ($54,462/yr), Springfield ranks as affordable 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 affordable for renters. At $1,320/mo, rent takes approximately 29% of the local median household income ($54,462/yr). The standard benchmark is 30%. Springfield falls comfortably within that range.

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 $53,000/year (~$25/hour full-time) to afford the median rent of $1,320/mo in Springfield. The local median household income is $54,462/yr, meaning the typical Springfield household meets 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 August 2026.

How does Springfield rent compare to other cities in Florida?

Springfield is one of the more affordable cities in Florida for rent, ranking #291 out of 291 tracked cities at $1,320/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 $1,320/mo is $642 (33%) below the US national median of $1,962/mo. Within Florida, it ranks #291 out of 291 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,320/mo, rent takes ~29% of Springfield's median household income ($54,462/yr). The standard benchmark is 30%.

Springfield 29%Benchmark 30%
State income taxNone
Run the Springfield affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Springfield, FL

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