ZIP Code · MA

ZIP 01103

Part of Springfield, MA

Pop. 2,477·Hampden County·164th most expensive ZIP in Massachusetts

Median rent (all units)

$1,527/mo

Year-over-Year

+6.2%

Month-over-Month

+1.5%

vs US Median

-$405

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 01103 · $1,527

More affordable than 71% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,440

1 BR

$1,630

2 BR

$2,050

3 BR

$2,510

4 BR+

$2,710

Research median

$2,050/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Massachusetts

Rent in ZIP 01103 changed +6.2% over the year to September 2026. Across the 140 Massachusetts ZIP codes Zillow tracks, the typical change was +3.0%.

Recent direction

Rent has risen 7 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($21,355) is $534 a month. That is less than HUD's Fair Market Rent for a studio ($1,440).

Rank in Springfield

1st cheapest of 3 ZIP codes in Springfield.

From Zillow's monthly rent index (ZORI) for ZIP 01103. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,324/yr

At $1,527/mo median

Location

CitySpringfield

StateMA

CountyHampden County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.2% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.2% YoY, +1.5% MoM), not inventory.

Demographics

Who lives here

ZIP 01103 (Springfield, MA) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 33.2% of residents hold a bachelor's degree or higher.

Population

2,477

Median income

$21,355

Median age

35.8

Renters

91.5%

Age distribution

12.1%

34.6%

21.3%

17%

14.9%

Under 1812.1%

18–3434.6%

35–5421.3%

55–6417%

65+14.9%

Gender

34.8%

65.2%

Male34.8%

Female65.2%

Race & ethnicity

30%

19.6%

47.5%

White30%

Black19.6%

Hispanic47.5%

Asian2.3%

Other0.6%

Education (25+)

17%

25.5%

24.3%

33.2%

No HS diploma17%

HS diploma25.5%

Some college24.3%

Bachelor's+33.2%

Housing tenure

91.5%

Owner8.5%

Renter91.5%

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

2021 vs 2026

How ZIP 01103 in Springfield, MA has changed in 5 years

Income

$20,978 → $21,355

up 1.8%

Population

2,168 → 2,477

up 14.3%

Renter share

90.7% → 91.5%

+0.8 pts

Bachelor's+

34.8% → 33.2%

-1.6 pts

Median age

38.7 → 35.8

-2.9 yrs

Household income in the area moved from $20,978 to $21,355 across the same window, up 1.8% versus 2021. Census counts show ZIP 01103 in Springfield, MA adding about 309 residents over the five-year window, up 14.3% on net.

Community

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Local insights

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About renting in ZIP 01103

Last updated: October 17, 2026

ZIP code 01103 covers Springfield, MA. The median rent here is $1,527/mo as of October 2026. A 1-bedroom rents for a median of $1,630/mo. A 2-bedroom rents for a median of $2,050/mo.

At 86% of local median household income ($21,355/yr), ZIP 01103 ranks as expensive compared to the national benchmark of 30%. Rents have increased 6.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 01103?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,527/mo in ZIP 01103. The local median household income is $21,355/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 01103?

Rent in ZIP 01103 has risen 6.2% over the past year.

How does ZIP 01103 compare to other ZIPs in Massachusetts?

ZIP 01103 is one of the more affordable among Massachusetts ZIP codes for rent, ranking #164 of 164 at $1,527/mo. Over the year to September 2026, rent in ZIP 01103 changed +6.2%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.