City Report · OR

Springfield

Pop. 61,499·42nd most expensive in Oregon·Springfield rents are up 7.0% over the past year
Median rent (all units)
$1,693/mo
Year-over-Year
+7.0%
Month-over-Month
+1.9%
vs US Median
-$272
Rising (Monthly)
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Most AffordableMost Expensive
Springfield · $1,693
More affordable than 62% of US cities · National median $1,965/mo
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

Rents are 7% below what Springfield's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,693/mo
Expected by trend
$1,824/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
$1,025
1 BR
$1,105
2 BR
$1,450
3 BR
$2,030
4 BR+
$2,435
Research median
$1,450/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: July 20, 2026

Annual cost
$20,316/yr
At $1,693/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.0% YoY, +1.9% MoM), not inventory.
Rent check

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Demographics

Who lives here

Springfield, OR is roughly split between renters and owners, 22.4% of residents hold a bachelor's degree or higher.

Population
61,499
Median income
$68,761
Median age
37.4
Renters
45%
Age distribution
21%
25%
25.4%
12.3%
16.3%
Under 1821%
18–3425%
35–5425.4%
55–6412.3%
65+16.3%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
78%
15.1%
White78%
Black1%
Hispanic15.1%
Asian1.5%
Other4.5%
Education (25+)
28.2%
40.1%
22.4%
No HS diploma9.3%
HS diploma28.2%
Some college40.1%
Bachelor's+22.4%
Housing tenure
55%
45%
Owner55%
Renter45%

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

2021 vs 2026

How Springfield, OR has changed in 5 years

Rent
$1,222 → $1,693
up 38.5%
Income
$54,503 → $68,761
up 26.2%
Population
62,138 → 61,499
down 1.0%
Renter share
46.5% → 45%
-1.5 pts
Bachelor's+
20.1% → 22.4%
+2.3 pts

Five years ago, renters in Springfield, OR paid around $1,222 a month. That figure now sits near $1,693, up 38.5% 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.

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 $1,693/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, OR

Last updated: July 20, 2026

The median rent in Springfield is $1,693/mo as of July 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 30% of local median household income ($68,761/yr), Springfield ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

Is Springfield an affordable city for renters?

Springfield is considered moderate for renters. At $1,693/mo, rent takes approximately 30% of the local median household income ($68,761/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 $68,000/year (~$33/hour full-time) to afford the median rent of $1,693/mo in Springfield. The local median household income is $68,761/yr, meaning the typical Springfield household meets that threshold.

Is rent going up or down in Springfield?

Rent in Springfield has increased 7.0% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Springfield neighborhoods have the lowest rent?

The most affordable ZIP codes in Springfield are 97477 ($1,631/mo), and 97478 ($1,811/mo). Citywide, the median rent in Springfield is $1,693/mo.

How does Springfield rent compare to other cities in Oregon?

Springfield is middle-of-the-pack for Oregon for rent, ranking #42 out of 65 tracked cities at $1,693/mo.

Which nearby cities are cheaper to rent in than Springfield?

Several nearby cities have lower median rents than Springfield ($1,693/mo): Junction City ($1,400/mo), Cottage Grove ($1,445/mo), Lebanon ($1,595/mo).

What percentage of Springfield residents rent vs. own?

According to Census data, approximately 45% of Springfield households are renters, while 55% 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 $1,693/mo is $272 (14%) below the US national median of $1,965/mo. Within Oregon, it ranks #42 out of 65 tracked cities.
Income Affordability
30%
MODERATE

At $1,693/mo, rent takes ~30% of Springfield's median household income ($68,761/yr). The standard benchmark is 30%.

Springfield 30%Benchmark 30%
State income tax4.75–9.9%
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, OR

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