Last updated
Average Rent in Springfield, MA & Rent Trends
Rent prices and market trends across 2 apartment communities in Springfield, MA. Updated daily.
Market Average
$1,714/mo
Lowest Available
$1,264/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
18
available now
Price Cuts This Week in Springfield, MA
16 listed units across 2 buildings offering 3 bed units in Springfield, MA dropped their asking rent in the past 7 days, an average cut of $175/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Aspen Square Management | Unit 15 | $1,857 | $1,264 | $593 |
| Aspen Square Management | Unit 10 | $1,869 | $1,489 | $380 |
| Aspen Square Management | Unit 27 | $1,724 | $1,391 | $333 |
| Aspen Square Management | Unit 8 | $1,435 | $1,180 | $255 |
| Aspen Square Management | Unit 7 | $1,515 | $1,305 | $210 |
| Aspen Square Management | Unit 25 | $1,622 | $1,436 | $186 |
| Aspen Square Management | Unit 18 | $1,590 | $1,419 | $171 |
| Aspen Square Management | Unit 2 | $1,580 | $1,417 | $163 |
Rent by Neighborhood in Springfield, MA
Compare average rent across Springfield, MA neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| South End | $2,834 | ▲ $1,542 | $2,382 | 1 | 13 |
| Metro Center | $1,731 | ▲ $12 | $820 | 6 | 37 |
| Agawam 01001 | $1,568 | ▼ $267 | $1,163 | 1 | 30 |
| West Springfield 01089 | $1,505 | - | $1,488 | 1 | 3 |
| Cozy Corner | $1,425 | $0 | $1,425 | 1 | 1 |
| Liberty Heights | $1,405 | $0 | $1,255 | 1 | 3 |
Is Rent Going Up or Down in Springfield, MA?
As of August 2026, the average rent in Springfield, MA is $1,714 per month across 2 apartment communities and 18 available units.
The most affordable option is Aspen Square Management starting at $1,264/mo. By unit type, a 3-bedroom averages $1,714/mo.
Prices range from $1,264 to $2,578 per month. The most common price point is the $1,400 range, where 6 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Springfield, MA
Rent Prices by Apartment in Springfield, MA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Aspen Square Management | $1,264/mo | $1,556/mo | 15 | 2.4 |
| Park Street Lofts | $2,428/mo | $2,505/mo | 3 | 4.7 |
Frequently Asked Questions About Rent in Springfield, MA
What is the average rent in Springfield, MA?
Is rent going up or down in Springfield, MA?
What is the cheapest apartment in Springfield, MA?
How many apartments are available in Springfield, MA?
What salary do I need to live comfortably in Springfield, MA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$69,000/year
Based on the 30 percent rule, using our tracked average rent of $1,714/mo.
Comfortable income
$82,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,264/mo), you need to earn at least $51,000/year.
Median household income in Springfield, MA is $51,339 , about 38% below the comfortable-living threshold.
Cost of living in Springfield, MA
Overall prices in Springfield, MA 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, MA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,714 |
| Utilities | $338 |
| Groceries | $533 |
| Transportation | $805 |
| Healthcare | $392 |
| Other goods and services | $628 |
| Estimated total | $4,410/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.
Google Search Trends for Springfield, MA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Springfield, MA Apartments
Browse all 2 communities with daily-updated pricing and availability.