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Average Rent in Springfield 97477 & Rent Trends

Rent prices and market trends across 6 apartment communities in Springfield 97477, Springfield, OR. Updated daily.

Market Average

$1,442/mo

▼ 10.6% from last month

Lowest Available

$595/mo

cheapest unit on market

Communities

6

tracked daily

Units Listed

29

available now

Price Cuts This Week in Springfield 97477

3 listed units across 2 buildings in Springfield 97477 dropped their asking rent in the past 7 days, an average cut of $80/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
The Lindale Apartments Unit 4 $1,595 $1,495 $100
The Lindale Apartments Unit 1 $1,550 $1,460 $90
Chalet Apartment Homes Unit 5 $1,749 $1,699 $50
See today's prices on all 29 listed units

Springfield 97477 vs Springfield, OR Average

Springfield 97477 is the same price as the Springfield, OR average . The citywide average is $1,442/mo across all neighborhoods.

Is Rent Going Up or Down in Springfield 97477?

As of September 2026, the average rent in Springfield 97477 is $1,442 per month across 6 apartment communities and 29 available units. Rents have decreased $171 (10.6%) over the past month.

The most affordable option is Metco Investment Realty Inc starting at $595/mo. By unit type, a studio averages $1,741/mo, a 1-bedroom averages $1,159/mo, a 2-bedroom averages $1,503/mo, a 3-bedroom averages $1,425/mo.

Prices range from $595 to $2,026 per month. The most common price point is the $1,400 range, where 11 units are currently listed.

Springfield 97477 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,500 - 5
August 2026 $1,543 +$43 5
September 2026 $1,450 -$93 6

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Springfield 97477

Studio
$1,741
from $1,499 · 3 units
1 Bed
$1,159
from $975 · 7 units
2 Bed
$1,503
from $595 · 18 units
3 Bed
$1,425
from $1,425 · 1 units

Rent Prices by Apartment in Springfield 97477

Property Starting at Average Units Rating
Metco Investment Realty Inc $595/mo $1,034/mo 7 4.1
Park at Emerald Village $1,267/mo $1,267/mo 1 4.4
Countryside Apartments $1,299/mo $1,423/mo 3 3.6
Centennial Apartments $1,375/mo $1,613/mo 9 4.3
The Lindale Apartments $1,460/mo $1,525/mo 4 3.9
Chalet Apartment Homes $1,499/mo $1,684/mo 5 4.2

Frequently Asked Questions About Rent in Springfield 97477

What is the average rent in Springfield 97477?

The average rent in Springfield 97477 is $1,442 per month as of September 2026, based on 29 units across 6 apartment communities.

Is rent going up or down in Springfield 97477?

Rent in Springfield 97477 has decreased $171 (10.6%) over the past month. The current average is $1,442/mo.

What is the cheapest apartment in Springfield 97477?

The most affordable apartment in Springfield 97477 is Metco Investment Realty Inc with units starting at $595/mo.

How much is a 1-bedroom apartment in Springfield 97477?

A 1-bedroom apartment in Springfield 97477 averages $1,159/mo, with prices starting at $975/mo across 7 available units.

How many apartments are available in Springfield 97477?

There are 29 units available across 6 apartment communities in Springfield 97477.

What salary do I need to live comfortably in Springfield 97477?

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

Minimum to afford average rent

$58,000/year

Based on the 30 percent rule, using our tracked average rent of $1,442/mo.

Comfortable income

$69,000/year

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

To afford the cheapest tracked apartment ($595/mo), you need to earn at least $24,000/year.

Median household income in Springfield 97477 is $67,211 , about 3% below the comfortable-living threshold.

Cost of living in Springfield 97477

Overall prices in Springfield 97477 runs above the national average by about 4% (BEA Regional Price Parity index 103.5, 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 97477's regional price parities.

Category Monthly estimate
Rent (market average) $1,442
Utilities $439
Groceries $566
Transportation $1,046
Healthcare $510
Other goods and services $816
Estimated total $4,819/mo

Population

61,642

Median household income

$67,211

Census median rent

$1,201/mo

Census rent burden

29.3%

Median age

37.2

Mean commute

20 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.

Explore Springfield 97477 Apartments

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