Springfield, Bay County, FL Rental Market Trends
Highlights
The average rent for an apartment in Springfield is $951, a 3% increase compared to the previous year, when the average rent was $921.
Average Rent in Springfield, Bay County, FL
Last updated May 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $951 | 3% | 927 sq. ft. |
The average size for a Springfield, Bay County, FL apartment is 927 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Springfield, Bay County, FL Apartment Rent Ranges
- $501-$7008%
- $701-$1,00054%
- $1,001-$1,50037%
- $1,501-$2,0001%
Springfield, Bay County, FL Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | May / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Springfield, Bay County, FL | $851 | $863 | $869 | $879 | $898 | $921 | $914 | $914 | $951 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
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How Does Springfield Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Panama City | $971 | 4% |
| Callaway | $921 | 3% |
| Panama City Beach | $1,300 | 6% |
| Springfield | $951 | 3% |
| Cedar Grove | $962 | 3% |
| Laguna Beach | $1,246 | 14% |
| Lower Grand Lagoon | $1,375 | 4% |
| Lynn Haven | $984 | 5% |
| Parker | $921 | 3% |
For more information about the Springfield rental trends, check out our monthly rent report
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Springfield apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.