1. Home
  2. Massachusetts
  3. Springfield
  4. Renter Market Trends

Rental market trends in Springfield, MA

Please reach out to press@rent.com for any media inquiries regarding this data.

Average Rent in Springfield, MA

Average Rent in Springfield, MA

Avg. RentAnnual Change
Studio - $1,069-17%
1 Bed - $1,249+2%
2 Beds - $1,649+11%
Last updated 2/25/2024

Average Apartment Cost in Springfield, MA

The average rent for apartments in Springfield, MA, is between $1,069 and $1,649 in 2024. For a studio apartment in Springfield, MA, the average rent is $1,069. When it comes to 1-bedroom apartments, the average rent in Springfield, MA, is $1,249. For a 2-bedroom apartment, the average rent is $1,649.

Apartment Rent Ranges in Springfield, MA

Apartment PricesProportion
0%
0%
31%
29%
39%

Neighborhood Apartment Rent Trends in Springfield, MA

NeighborhoodStudio Avg RentAnnual Change
North End$1,2910%
Memorial Square$1,2910%
Metro Center$1,0690%
Agawan$1,035+20%
North Agawam$1,035+20%
Neighborhood1 Bed Avg RentAnnual Change
Agawan$1,295+8%
Metro Center$1,2490%
North Agawam$1,210+8%
McKnight$1,200--
North End$931-2%
Memorial Square$931-2%
Six Corners$750--
Maple Hill Historic District$750--
Neighborhood2 Beds Avg RentAnnual Change
Metro Center$1,6490%
Agawan$1,497+8%
North Agawam$1,497+8%
Forest Park$1,250--
North End$1,059-7%
Memorial Square$1,059-7%

How Other Cities Compare to Springfield, MA

CityStudio Avg RentAnnual Change
Amherst$2,0490%
Shrewsbury$1,974+8%
West Hartford$1,852-2%
New Britain$1,712+80%
Worcester$1,599+7%
Enfield$1,495+17%
Waterbury$1,450--
Manchester$1,350-46%
Meriden$1,300+37%
Norwich$1,2950%
Hartford$1,277-10%
Middletown$1,180+6%
West Springfield$1,125-9%
Chicopee$1,050+17%
East Hartford$9000%
Wallingford$8250%
City1 Bed Avg RentAnnual Change
Amherst$2,1990%
West Hartford$2,145-11%
Shrewsbury$2,124+6%
New Britain$1,862+46%
Worcester$1,812+9%
Windsor$1,715+19%
Enfield$1,645+10%
Glastonbury$1,550+11%
Hartford$1,413-14%
Manchester$1,400-3%
Newington$1,390+13%
Chicopee$1,375+10%
Vernon Rockville$1,295+5%
Pittsfield$1,275+2%
West Springfield$1,272-2%
Bristol$1,254+13%
Middletown$1,150-12%
East Hartford$1,137+17%
Norwich$1,0870%
Waterbury$1,0000%
Meriden$1,0000%
Wallingford$987+4%
Holyoke$5570%
City2 Beds Avg RentAnnual Change
Worcester$2,072+12%
Manchester$1,831+3%
Enfield$1,822-24%
Windsor$1,792-7%
Newington$1,600+10%
Hartford$1,562-34%
Norwich$1,5150%
Vernon Rockville$1,495+3%
New Britain$1,495+15%
Middletown$1,425-4%
Bristol$1,410+8%
West Springfield$1,375+1%
Pittsfield$1,375-5%
Chicopee$1,365-6%
East Hartford$1,312+10%
Waterbury$1,2000%
Meriden$1,2000%
Wallingford$1,200-29%
Holyoke$7340%

Springfield, MA Rent Trends

Studio1 Bed2 Beds
Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024
$1291$1291$1291$1291$1291$1291$1291$1291$1069$1069$1069$1069$1258
$1224$1224$1249$1233$1217$1200$1225$1249$1249$1249$1249$1249$1249
$1486$1486$1649$2152$2152$2152$1649$1649$1486$1649$1649$1649$1976
$1879$1879$1850$1850$1850$1850$1865$1879$1879$1879$1879$1879$1879

Neighborhood Information for Springfield, MA

What are the most affordable neighborhoods in Springfield, MA?

The most affordable neighborhoods in Springfield are Six Corners, where the average 1-bedroom apartment rent goes for $750, Maple Hill Historic District, where renters pay $750 on average for a 1-bedroom apartment, and North End, where the average 1-bedroom apartment rent goes for $931. If you're looking for other great deals, check out the listings in Memorial Square ($931 for a 1-bedroom apartment) or McKnight ($1,200 for a 1-bedroom apartment), compared to the $1,249 average for a Springfield 1-bedroom apartment.

What are the most expensive neighborhoods in Springfield, MA?

The most affordable neighborhoods in Springfield are Agawan, where the average 1-bedroom apartment rent goes for $1,295, Metro Center, where renters pay $1,249 on average for a 1-bedroom apartment, and North Agawam, where the average 1-bedroom apartment rent goes for $1,210. If you're looking for other great deals, check out the listings in McKnight ($1,200 for a 1-bedroom apartment) or North End ($931 for a 1-bedroom apartment), compared to the $1,249 average for a Springfield 1-bedroom apartment.

What are the most popular neighborhoods in Springfield, MA?

The most popular neighborhoods in Springfield are North End, where the average 1-bedroom apartment rent goes for $931, McKnight, where renters pay $1,200 on average for a 1-bedroom apartment, and Metro Center, where the average 1-bedroom apartment rent goes for $1,249. If you're looking for other popular neighborhoods, check out the listings in Memorial Square ($931 for a 1-bedroom apartment) or Six Corners ($750 for a 1-bedroom apartment), compared to the $1,249 average for a Springfield 1-bedroom apartment.

Nearby Listings

  • SilverBrick Square property

    $1,405+

    SilverBrick Square

    Studio–2 Beds • 1–2 Baths

    705–1250 Sqft

    5 Units Available

  • SilverBrick Lofts property

    $1,250+

    SilverBrick Lofts

    Studio–3 Beds • 1–1.5 Baths

    415–1150 Sqft

    10+ Units Available

  • Baystate Place property

    Contact for Price

    Baystate Place

    Studio–2 Beds • 1 Bath

    430–660 Sqft

    Not Available

  • Colonial Estates property

    Contact for Price

    Colonial Estates

    2–3 Beds • 1–1.5 Baths

    810–1100 Sqft

    Not Available

  • Lansdowne Place property

    Contact for Price

    Lansdowne Place

    1–2 Beds • 1–2 Baths

    625–900 Sqft

    Available Now

  • Sutton Place Apartments property

    $1,030+

    Sutton Place Apartments

    Studio–2 Beds • 1 Bath

    536–1135 Sqft

    1 Unit Available