Rents are 12% below what Springfield's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,689 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in Springfield usually run 1.2% below trend in January and 0.7% above it in September, about $32 a month apart at today's median. Based on 11 years of data.
Rent in Springfield is at its highest level since Zillow's records here began in January 2015.
Rent in Springfield changed +3.6% over the year to September 2026. Across the 54 Oregon cities Zillow tracks, the typical change was +1.9%.
From 2019 to 2024, rent in Springfield rose 46% while median household income rose 44.2% ($47,695 to $68,761). Rent outpaced income.
Rent in Springfield is 42.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 3 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($68,761) is $1,719 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,450); a 3-bedroom is $2,030.
From Zillow's monthly rent index (ZORI) for Springfield. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Springfield, OR is roughly split between renters and owners, 22.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Springfield, OR has changed in 5 years
Five years ago, renters in Springfield, OR paid around $1,240 a month. That figure now sits near $1,689, up 36.2% from the 2021 baseline. On the earnings side, the typical household in Springfield, OR now reports about $68,761, up from $54,503 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Springfield, OR losing about 639 residents over the five-year window, down 1.0% on net. The renter share has eased from 46.5% to 45%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 20.1% to 22.4% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Springfield, OR reflects that arc in its own way.
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At $1,689/mo, how Springfield rent compares to typical pay (30% rule).
Springfield rent by bedroom count
Median rent for each apartment size in Springfield. Click any size for full breakdown.
Tips for renters in Springfield
Last updated: October 17, 2026
The median rent in Springfield is $1,689/mo as of October 2026. A studio apartment averages $1,025/mo while a 2-bedroom runs $1,450/mo. One-bedroom apartments average $1,105/mo and 3-bedroom units go for $2,030/mo.
At 29% of local median household income ($68,761/yr), Springfield ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Springfield?
At $1,689/mo, rent takes ~29% of Springfield's median household income ($68,761/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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