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ZIP Code · MA

ZIP 01108

Pop. 27,405·Hampden County·155th most expensive ZIP in Massachusetts
Median rent (all units)
$1,925/mo
Year-over-Year
+18.8%
Month-over-Month
+9.1%
vs US Median
-$37
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 01108 · $1,925
More expensive than 56% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,230
1 BR
$1,390
2 BR
$1,750
3 BR
$2,150
4 BR+
$2,320
Research median
$1,750/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: August 17, 2026

Annual cost
$23,100/yr
At $1,925/mo median
Location
StateMA
CountyHampden County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 18.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+18.8% YoY, +9.1% MoM), not inventory.
Demographics

Who lives here

ZIP 01108 (Springfield, MA) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 19.2% of residents hold a bachelor's degree or higher.

Population
27,405
Median income
$50,661
Median age
33.3
Renters
54.9%
Age distribution
26%
27.3%
23.7%
12.2%
Under 1826%
18–3427.3%
35–5423.7%
55–6412.2%
65+10.8%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
33.4%
20.6%
41.7%
White33.4%
Black20.6%
Hispanic41.7%
Asian8.4%
Education (25+)
20.1%
32.1%
28.5%
19.2%
No HS diploma20.1%
HS diploma32.1%
Some college28.5%
Bachelor's+19.2%
Housing tenure
45.1%
54.9%
Owner45.1%
Renter54.9%

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

2021 vs 2026

How ZIP 01108 in Springfield, MA has changed in 5 years

Income
$41,153 → $50,661
up 23.1%
Population
26,257 → 27,405
up 4.4%
Renter share
58.5% → 54.9%
-3.6 pts
Bachelor's+
20.3% → 19.2%
-1.1 pts

Local incomes tracked alongside that move, going from a median of $41,153 in 2021 to $50,661 more recently. Headcount in the area went from 26,257 to 27,405 between 2021 and 2024, a 4.4% change. About 54.9% of households rent today, against 58.5% in 2021.

Community

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Local insights

Tips for renters in ZIP 01108

About renting in ZIP 01108

Last updated: August 17, 2026

ZIP code 01108 covers Springfield, MA. The median rent here is $1,925/mo as of August 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,750/mo.

At 46% of local median household income ($50,661/yr), ZIP 01108 ranks as moderate compared to the national benchmark of 30%. Rents have increased 18.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 01108?

As of August 17, 2026, the median monthly rent in ZIP 01108 (Springfield, MA) is $1,925. This is based on aggregated data from public sources and community submissions.

How does ZIP 01108 rent compare to the US average?

ZIP 01108's median rent of $1,925/mo is $37 (2%) below the US national median of $1,962/mo.

How does ZIP 01108 compare to other ZIPs in Massachusetts?

ZIP 01108 is among the more affordable ZIP codes in Massachusetts, ranking #155 out of 171 ZIPs at $1,925/mo.

How much income do you need to rent in ZIP 01108?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (~$37/hour full-time) to afford the median rent of $1,925/mo in ZIP 01108. The local median household income is $50,661/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 01108?

Rent in ZIP 01108 has increased 18.8% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 01108 an affordable place to rent?

ZIP 01108 is considered stretched for renters. At $1,925/mo, rent takes approximately 46% of the local median household income ($50,661/yr). The standard benchmark is 30%. ZIP 01108 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 01108 residents rent vs. own?

According to Census data, approximately 54.9% of ZIP 01108 households are renters, while 45.1% are owner-occupied. With a majority renter population, ZIP 01108 has a strong rental market.

How does ZIP 01108 compare to the rest of Springfield?

ZIP 01108 is pricier than Springfield as a whole. At $1,925/mo, it's $89 above the Springfield citywide median of $1,836/mo.

When was rent data for ZIP 01108 last updated?

Rent data for ZIP 01108 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
46%
STRETCHED

At $1,925/mo, rent takes ~46% of ZIP 01108's median household income ($50,661/yr). The standard benchmark is 30%.

ZIP 01108 46%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 01108 (Springfield, MA)

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