At $1,534/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.
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 $1,534 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
Rent in Springfield is 3.7% below its high of $1,593 in April 2024, at $1,534 as of September 2026.
Rent in Springfield changed -1.7% over the year to September 2026. Across the 51 Tennessee cities Zillow tracks, the typical change was +2.0%.
Rent rose in 4 of the last 12 months.
30% of the median household income ($59,465) is $1,487 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,370); a 2-bedroom is $1,520.
Clarksville, 26 miles away, rents for 11% less ($1,372/mo), about $1,900 a year in savings.
From Zillow's monthly rent index (ZORI) for Springfield. 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, TN is majority owner-occupied, has a large share of families with children, has a median income below the national average, 16.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Springfield, TN has changed in 5 years
Rent in Springfield, TN has declined 2.5% since 2023, going from about $1,574 per month to roughly $1,534 today. Local incomes tracked alongside that move, going from a median of $50,655 in 2021 to $59,465 more recently. Income growth outran rent by about 19.9 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 18,561 to 19,255 between 2021 and 2024, a 3.7% change. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Springfield, TN market of 2023.
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At $1,534/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 $1,534/mo as of October 2026. A studio apartment averages $1,320/mo while a 2-bedroom runs $1,520/mo. One-bedroom apartments average $1,370/mo and 3-bedroom units go for $1,920/mo.
At 31% of local median household income ($59,465/yr), Springfield ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.7% over the past year.
Frequently asked questions
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Is rent going up or down in Springfield?
How does Springfield rent compare to other cities in Tennessee?
Which nearby cities are cheaper to rent in than Springfield?
At $1,534/mo, rent takes ~31% of Springfield's median household income ($59,465/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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