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Average Rent in Springfield 01089 & Rent Trends

Rent prices and market trends across 1 apartment community in Springfield 01089, Springfield, MA. Updated daily.

Market Average

$1,516/mo

Lowest Available

$1,503/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

4

available now

Springfield 01089 vs Springfield, MA Average

Springfield 01089 is cheaper the Springfield, MA average by $237/mo (14%). The citywide average is $1,753/mo across all neighborhoods.

Is Rent Going Up or Down in Springfield 01089?

As of June 2026, the average rent in Springfield 01089 is $1,516 per month across 1 apartment community and 4 available units.

The most affordable option is The Courtyards starting at $1,503/mo. By unit type, a studio averages $1,516/mo.

Prices range from $1,503 to $1,528 per month. The most common price point is the $1,400 range, where 4 units are currently listed.

Rent by Bedroom Type in Springfield 01089

Studio
$1,516
from $1,503 · 4 units

Rent Prices by Apartment in Springfield 01089

Property Starting at Average Units Rating
The Courtyards $1,503/mo $1,516/mo 4 4.4

Frequently Asked Questions About Rent in Springfield 01089

What is the average rent in Springfield 01089?

The average rent in Springfield 01089 is $1,516 per month as of June 2026, based on 4 units across 1 apartment communities.

Is rent going up or down in Springfield 01089?

The current average rent in Springfield 01089 is $1,516/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Springfield 01089?

The most affordable apartment in Springfield 01089 is The Courtyards with units starting at $1,503/mo.

How many apartments are available in Springfield 01089?

There are 4 units available across 1 apartment communities in Springfield 01089.

What salary do I need to live comfortably in Springfield 01089?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$61,000/year

Based on the 30 percent rule, using our tracked average rent of $1,516/mo.

Comfortable income

$73,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,503/mo), you need to earn at least $60,000/year.

Median household income in Springfield 01089 is $51,339 , about 29% below the comfortable-living threshold.

Cost of living in Springfield 01089

Overall prices in Springfield 01089 runs below the national average by about 2% (BEA Regional Price Parity index 98.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Springfield 01089's regional price parities.

Category Monthly estimate
Rent (market average) $1,516
Utilities $338
Groceries $533
Transportation $805
Healthcare $392
Other goods and services $628
Estimated total $4,212/mo

Population

154,751

Median household income

$51,339

Census median rent

$1,114/mo

Rent as % of income

34.8%

Median age

33.7

Mean commute

21 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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