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Rental market trends in Springfield, MO

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Average Rent in Springfield, MO

Average Rent in Springfield, MO

Avg. RentAnnual Change
Studio - $841+9%
1 Bed - $930+24%
2 Beds - $1,090+23%
Last updated 11/1/2024

Average Apartment Cost in Springfield, MO

The average rent for apartments in Springfield, MO, is between $841 and $1,090 in 2024. For a studio apartment in Springfield, MO, the average rent is $841. When it comes to 1-bedroom apartments, the average rent in Springfield, MO, is $930. For a 2-bedroom apartment, the average rent is $1,090.

Apartment Rent Ranges in Springfield, MO

Apartment PricesProportion
5%
34%
36%
15%
10%

Neighborhood Apartment Rent Trends in Springfield, MO

NeighborhoodStudio Avg RentAnnual Change
Parkcrest$905--
Rountree Area$875+1%
Bradford Park$800--
Sequiota$785+4%
Quail Creek$775+3%
Sherwood$762--
Downtown Springfield$715+8%
Doling Park$705+9%
West Central$6750%
Midtown$655+1%
Walnut Street$6400%
Southern Hills$640+11%
Mark Twain$5520%
Neighborhood1 Bed Avg RentAnnual Change
Sequiota$1,185+5%
Seminole-Holland$1,170--
Sherwood$1,015--
Quail Creek$955+6%
Walnut Street$920+39%
Kickapoo$911+12%
Oak Grove$893+23%
Mark Twain$838-9%
Doling Park$835+8%
Downtown Springfield$812+20%
Parkcrest$800-10%
Primrose$795--
Southern Hills$750+14%
West Central$695+3%
Bingham$690-3%
Southside$6600%
Meador Park$590-6%
Neighborhood2 Beds Avg RentAnnual Change
Rountree Area$1,800--
Sequiota$1,760+7%
Seminole-Holland$1,525--
Bradford Park$1,350+64%
Parkcrest$1,225+38%
Sherwood$1,220--
Kickapoo$1,159+18%
Quail Creek$1,105+3%
Downtown Springfield$1,062+1%
Mark Twain$1,023+17%
Oak Grove$925+6%
Southern Hills$832+3%
West Central$8100%
Midtown$787+6%
Bingham$770+6%
Doling Park$725-1%
Southside$7150%
Walnut Street$709-12%
Meador Park$705-6%
Tom Watkins$695--

How Other Cities Compare to Springfield, MO

City1 Bed Avg RentAnnual Change
Nixa$800+2%
Battlefield$795+10%
Willard$785-6%
Lebanon$775--
Branson$7500%
Rogersville$745-3%
Ozark$700-7%
City2 Beds Avg RentAnnual Change
Republic$1,253+34%
Nixa$1,107+45%
Ozark$965-2%
Battlefield$940+11%
Willard$925-5%
Rogersville$885-16%
Branson$8500%
Lebanon$800--
Aurora$750+7%

Springfield, MO Rent Trends

Studio1 Bed2 Beds
Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024
$775$785$785$785$775$795$837$840$852$839$836$850$840
$747$745$757$780$780$822$847$845$860$870$885$852$930
$887$881$884$888$887$937$955$960$965$960$1022$1015$1015
$1135$1135$1135$1157$1122$1334$1284$1275$1275$1270$1333$1339$1350

Neighborhood Information for Springfield, MO

What are the most affordable neighborhoods in Springfield, MO?

The most affordable neighborhoods in Springfield are Meador Park, where the average 1-bedroom apartment rent goes for $590, Southside, where renters pay $660 on average for a 1-bedroom apartment, and Bingham, where the average 1-bedroom apartment rent goes for $690. If you're looking for other great deals, check out the listings in West Central ($695 for a 1-bedroom apartment) or Southern Hills ($750 for a 1-bedroom apartment), compared to the $930 average for an Springfield 1-bedroom apartment.

What are the most expensive neighborhoods in Springfield, MO?

The most expensive neighborhoods in Springfield are Bradford Park, where the average rent for a 1-bedroom apartment is just $3,875. offering similar apartments at an average of Sequiota, $1,185, and Seminole-Holland, $1,170. For additional value-for-money options, consider Sherwood ($1,015 for a 1-bedroom apartment) or Quail Creek ($955 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Springfield average for a 1-bedroom apartment, which stands at $930.

What are the most popular neighborhoods in Springfield, MO?

The most popular neighborhoods in Springfield are Seminole-Holland, where the average 1-bedroom apartment rent goes for $1,170, Mark Twain, where renters pay $838 on average for a 1-bedroom apartment, and Downtown Springfield, where the average 1-bedroom apartment rent goes for $812. If you're looking for other popular neighborhoods, check out the listings in Meador Park ($590 for a 1-bedroom apartment) or West Central ($695 for a 1-bedroom apartment), compared to the $930 average for an Springfield 1-bedroom apartment.

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