Springfield, MO Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Springfield is $1,127, a 4.36% increase compared to the previous year, when the average rent was $1,080.
Studio Apartments at $849 offer the most budget-friendly option with 459 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 712 square feet for $953, balancing privacy and affordability.
Two-beedroom units at $1,153 offer 1,013 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,236 sq ft) for $1,557, suitable for larger households.
Average rent in Springfield, MO
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,127 | 899 sq. ft. |
| Studio | $849 | 459 sq. ft. |
| 1 Bed | $953 | 712 sq. ft. |
| 2 Beds | $1,153 | 1,013 sq. ft. |
| 3 Beds | $1,557 | 1,236 sq. ft. |
Springfield, MO rent trends
Rental prices in Springfield, MO have increased by 4.36% over the past year. The average rent moved from $1,080 to $1,127.
What's the typical rent budget in Springfield, MO?
The largest share of rentals in Springfield, MO (44%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Springfield, MO?
45,370 or 57% of the households in Springfield, MO are renter-occupied while 34,069 or 43% are owner-occupied.
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Springfield apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.