Homes for Rent in 01103

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What to Know About

Life in Springfield & Beyond

Springfield shares many of the great qualities that make Massachusetts a desirable place to live.

Massachusetts is rich in American history and renowned for its beautiful cities and breathtaking natural landscapes. Visit historical sites such as the Freedom Trail and USS Constitution Museum to experience the birthplace of America. In addition, it's the home to world-class universities such as Harvard University, Massachusetts Institute of Technology (MIT), and Boston College, adding to the state's innovation and education. Massachusetts also has a strong job market and a thriving economy.

For sports fans, Massachusetts is home to the New England Patriots (NFL), Boston Bruins (NFL), Boston Red Sox (MLB), Boston Celtics (NBA), and iconic venues such as Fenway Park and Gillette Stadium. In addition, the state offers a diverse range of outdoor experiences for those seeking adventure, from whale watching on the Cape Cod coast to hiking in the scenic Berkshire Mountains. See famous attractions like the Salem Witch Trials Memorial, the New England Aquarium, and the charming Martha's Vineyard.

With its warm and welcoming atmosphere, rich historical heritage, and endless opportunities, embrace the Bay State and discover why Massachusetts is the ideal place to call home.

Rental Market Trends

Springfield, MA

As of July 2025, Springfield's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Springfield's average rent is 40.5% ($1,114) lower than the Massachusetts average of $2,749 and 7.9% ($140) lower than the U.S. average of $1,775.

Average Rent
$1,635
Monthly ChangeMonth Over Month Change
Increased1.2% ($20)
Yearly ChangeYear Over Year Change
Decreased3.1% ($52)
Avg. Days on MarketAverage Days on Market
44
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,532 Increased2.8% ($42) Decreased6.4% ($104)
2 Beds $2,061 Increased3.7% ($74) Decreased6.1% ($133)
3 Beds $2,502 Increased2.1% ($51) Decreased11.5% ($325)
Nearby Cities Average Rent Avg. Rent vs. SpringfieldAverage Rent vs. Springfield Avg. Days on MarketAverage Days on Market
West Springfield $1,729 Increased5.7% ($94) 35 days
Chicopee $1,766 Increased8% ($131) 39 days
Indian Orchard $1,393 Decreased14.8% ($242) 41 days
Holyoke $1,446 Decreased11.6% ($189) 41 days
Ludlow $1,598 Decreased2.3% ($37) 39 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Springfield Rental Market FAQs

Explore rental prices, market trends, and availability in Springfield, MA.

The average rent in Springfield, MA is $1,635 per month.
Homes in Springfield typically rent for between $1,072 and $3,253 per month, with an average of $1,635 per month.
In Springfield, the average rent for a 1-bedroom home is $1,532 per month, for a 2-bedroom home, $2,061 per month, and a 3-bedroom home is $2,502 per month.
The average rent in Springfield is 7.9% ($140) lower than the national average of $1,775 per month.
The average rent in Springfield has increased by 1.2% ($20) in the last month and decreased by 3.1% ($52) over the past year.
The rental market in Springfield, MA, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Springfield, MA, the average rental stays on the market for approximately 44 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 49 rental properties available in Springfield, MA.
Based on the current averages, a household would need an annual income of $82,440 to comfortably afford a 2-bedroom home in Springfield.
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