ZIP Code · MA

ZIP 01105

Part of Springfield, MA

Pop. 11,843·Hampden County·168th most expensive ZIP in Massachusetts

Median rent (all units)

$1,500/mo

Year-over-Year

Stable

Month-over-Month

-3.2%

vs US Median

-$432

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 01105 · $1,500

More affordable than 73% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,090

1 BR

$1,240

2 BR

$1,550

3 BR

$1,900

4 BR+

$2,050

Research median

$1,550/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($24,036) is $601 a month. That is less than HUD's Fair Market Rent for a studio ($1,090).

From Zillow's monthly rent index (ZORI) for ZIP 01105. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,000/yr

At $1,500/mo median

Location

CitySpringfield

StateMA

CountyHampden County

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (+0.0% YoY, -3.2% MoM), not inventory.

Demographics

Who lives here

ZIP 01105 (Springfield, MA) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 10.9% of residents hold a bachelor's degree or higher.

Population

11,843

Median income

$24,036

Median age

30.5

Renters

84.9%

Age distribution

29%

28.8%

21.4%

Under 1829%

18–3428.8%

35–5421.4%

55–649.2%

65+11.7%

Gender

49.7%

50.3%

Male49.7%

Female50.3%

Race & ethnicity

15.8%

25.1%

66.2%

White15.8%

Black25.1%

Hispanic66.2%

Asian0.7%

Education (25+)

30.9%

37.6%

20.7%

No HS diploma30.9%

HS diploma37.6%

Some college20.7%

Bachelor's+10.9%

Housing tenure

15.1%

84.9%

Owner15.1%

Renter84.9%

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

2021 vs 2026

How ZIP 01105 in Springfield, MA has changed in 5 years

Income

$23,331 → $24,036

up 3.0%

Population

12,527 → 11,843

down 5.5%

Renter share

91.2% → 84.9%

-6.3 pts

Bachelor's+

9.8% → 10.9%

+1.1 pts

Median age

29.6 → 30.5

+0.9 yrs

Household income in the area moved from $23,331 to $24,036 across the same window, up 3.0% versus 2021. The population has contracted by 5.5% since 2021, moving from about 12,527 residents to roughly 11,843. Renters now make up 84.9% of households, compared with 91.2% five years ago.

Community

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Local insights

Tips for renters in ZIP 01105

About renting in ZIP 01105

Last updated: September 25, 2026

ZIP code 01105 covers Springfield, MA. The median rent here is $1,500/mo as of September 2026. A 1-bedroom rents for a median of $1,240/mo. A 2-bedroom rents for a median of $1,550/mo.

At 75% of local median household income ($24,036/yr), ZIP 01105 ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 01105?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,500/mo in ZIP 01105. The local median household income is $24,036/yr, so the typical household falls short of that bar.