ZIP Code · MA

ZIP 01108

Part of Springfield, MA

Pop. 27,405·Hampden County·150th most expensive ZIP in Massachusetts

Median rent (all units)

$1,940/mo

Year-over-Year

+14.8%

Month-over-Month

+4.8%

vs US Median

+$8

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 01108 · $1,940

More expensive than 58% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Massachusetts

Rent in ZIP 01108 changed +14.8% over the year to September 2026. Across the 140 Massachusetts ZIP codes Zillow tracks, the typical change was +3.0%.

Recent direction

Rent rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($50,661) is $1,267 a month. That covers HUD's Fair Market Rent for up to a studio ($1,230); a 1-bedroom is $1,390.

Rank in Springfield

2nd cheapest of 3 ZIP codes in Springfield.

Cheaper nearby

ZIP 01105, 2 miles away, rents for 23% less ($1,500/mo), about $5,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 01108. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,280/yr

At $1,940/mo median

Location

CitySpringfield

StateMA

CountyHampden County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 14.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+14.8% YoY, +4.8% 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

Discussions about ZIP 01108

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Local insights

Tips for renters in ZIP 01108

About renting in ZIP 01108

Last updated: October 17, 2026

ZIP code 01108 covers Springfield, MA. The median rent here is $1,940/mo as of October 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 14.8% over the past year.

FAQ

Frequently asked questions

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 $78,000/year (about $38/hour full-time) to afford the median rent of $1,940/mo in ZIP 01108. The local median household income is $50,661/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 01108?

Rent in ZIP 01108 has risen 14.8% over the past year.

How does ZIP 01108 compare to other ZIPs in Massachusetts?

ZIP 01108 is one of the more affordable among Massachusetts ZIP codes for rent, ranking #150 of 164 at $1,940/mo. Over the year to September 2026, rent in ZIP 01108 changed +14.8%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.