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City Report · MA

Springfield

Pop. 154,749·105th most expensive in Massachusetts·Springfield rents are up 13.5% over the past year
Median rent (all units)
$1,836/mo
Year-over-Year
+13.5%
Month-over-Month
+2.8%
vs US Median
-$126
Rising (Monthly)
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Most AffordableMost Expensive
Springfield · $1,836
More affordable than 52% of US cities · National median $1,962/mo
Rent Reality Score
51/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Springfield's 10-year trend predicts.

Actual rent
$1,836/mo
Expected by trend
$1,842/mo
The Rent Reality Score compares today's median rent to where Springfield's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,055
1 BR
$1,215
2 BR
$1,510
3 BR
$1,840
4 BR+
$2,055
Fair Market Rent (HUD)
$1,510/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,836 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
$22,032/yr
At $1,836/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 13.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+13.5% YoY, +2.8% MoM), not inventory.
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Demographics

Who lives here

Springfield, MA is roughly split between renters and owners, has a median income below the national average, 20.5% of residents hold a bachelor's degree or higher.

Population
154,749
Median income
$52,656
Median age
33.7
Renters
50.4%
Age distribution
24.2%
27.7%
23.4%
13.2%
Under 1824.2%
18–3427.7%
35–5423.4%
55–6411.5%
65+13.2%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
34.5%
20%
48.6%
White34.5%
Black20%
Hispanic48.6%
Asian2.7%
Education (25+)
20.2%
33.3%
26.1%
20.5%
No HS diploma20.2%
HS diploma33.3%
Some college26.1%
Bachelor's+20.5%
Housing tenure
49.6%
50.4%
Owner49.6%
Renter50.4%

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

2021 vs 2026

How Springfield, MA has changed in 5 years

Rent
$1,172 → $1,836
up 56.7%
Income
$43,308 → $52,656
up 21.6%
Population
155,770 → 154,749
down 0.7%
Renter share
52.7% → 50.4%
-2.3 pts
Bachelor's+
19.5% → 20.5%
+1.0 pts

The median rent in Springfield, MA stood at $1,172 in 2021 and currently runs about $1,836, reflecting a 56.7% increase over the period. Local incomes tracked alongside that move, going from a median of $43,308 in 2021 to $52,656 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 50.4% of households, compared with 52.7% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Springfield, MA market of 2021.

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 $1,836/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, MA

Last updated: August 17, 2026

The median rent in Springfield is $1,836/mo as of August 2026. A studio apartment averages $1,055/mo while a 2-bedroom runs $1,510/mo. One-bedroom apartments average $1,215/mo and 3-bedroom units go for $1,840/mo.

At 42% of local median household income ($52,656/yr), Springfield ranks as moderate compared to the national benchmark of 30%. Rents have increased 13.5% over the past year.

FAQ

Frequently asked questions

Is Springfield an affordable city for renters?

Springfield is considered stretched for renters. At $1,836/mo, rent takes approximately 42% of the local median household income ($52,656/yr). The standard benchmark is 30%. Springfield significantly exceeds that threshold, making it challenging for many renters.

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 $73,000/year (~$35/hour full-time) to afford the median rent of $1,836/mo in Springfield. The local median household income is $52,656/yr, meaning the typical Springfield household falls short of that threshold.

Is rent going up or down in Springfield?

Rent in Springfield has increased 13.5% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Springfield neighborhoods have the lowest rent?

The most affordable ZIP codes in Springfield are 01105 ($1,550/mo), 01103 ($1,565/mo), and 01108 ($1,925/mo). Citywide, the median rent in Springfield is $1,836/mo.

How does Springfield rent compare to other cities in Massachusetts?

Springfield is one of the more affordable cities in Massachusetts for rent, ranking #105 out of 112 tracked cities at $1,836/mo.

Which nearby cities are cheaper to rent in than Springfield?

Several nearby cities have lower median rents than Springfield ($1,836/mo): Chicopee ($1,661/mo), Holyoke ($1,796/mo).

What percentage of Springfield residents rent vs. own?

According to Census data, approximately 50.4% of Springfield households are renters, while 49.6% are owner-occupied. With a majority renter population, Springfield has a strong rental market.

How does Springfield rent compare to the national average?

Springfield's median rent of $1,836/mo is $126 (6%) below the US national median of $1,962/mo. Within Massachusetts, it ranks #105 out of 112 tracked cities.
Income Affordability
42%
STRETCHED

At $1,836/mo, rent takes ~42% of Springfield's median household income ($52,656/yr). The standard benchmark is 30%.

Springfield 42%Benchmark 30%
State income tax5%
Run the Springfield affordability calculator →
Lowest-rent ZIP codes in Springfield
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Springfield, MA

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