Springfield, MO Rental Market Trends
Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Springfield is $1,138, a 2.58% increase compared to the previous year, when the average rent was $1,109.
Studio Apartments at $893 offer the most budget-friendly option with 460 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 712 square feet for $976, balancing privacy and affordability.
Two-bedroom units at $1,165 offer 1,009 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,225 sq ft) for $1,505, suitable for larger households.
Average rent in Springfield, MO
Last updated: August 01, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,138 | 896 sq. ft. |
| Studio | $893 | 460 sq. ft. |
| 1 Bed | $976 | 712 sq. ft. |
| 2 Beds | $1,165 | 1,009 sq. ft. |
| 3 Beds | $1,505 | 1,225 sq. ft. |
Springfield, MO rent trends
Rental prices in Springfield, MO have increased by 2.58% over the past year. The average rent moved from $1,109 to $1,138.
What's the typical rent budget in Springfield, MO?
The largest share of rentals in Springfield, MO (47%) 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?
44,218 or 56% of the households in Springfield, MO are renter-occupied while 34,606 or 44% are owner-occupied.
Most affordable neighborhoods in Springfield?
Doling $738/month
Oak Grove $806/month
Southern Hills $910/month
All of these neighborhoods fall below the city wide average of $1,138/month.Most expensive neighborhoods in Springfield?
Southwest Village - Marlborough $1,243/month
Fox Grape $1,568/month
Downtown Springfield $1,774/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Springfield, MO By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Springfield | $1,774 |
| Fox Grape | $1,568 |
| Southwest Village - Marlborough | $1,243 |
| Westside Springfield | $1,205 |
| Scenic Heights | $1,082 |
| Broadmoor Terrace | $1,073 |
| Parkwest Village | $1,061 |
| Seminole - Holland | $1,024 |
| Golfside | $989 |
| Bradford Park | $981 |
| Southern Hills | $910 |
| Oak Grove | $806 |
| Doling | $738 |
/
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Springfield | Rent Comparison by Neighborhood
Rent in Bradford Park is 9% lower than in Broadmoor Terrace
$981
Bradford Park rent is 14% lower than Springfield average
Average Rent
$981
$1,073
Broadmoor Terrace rent is 6% lower than Springfield average
Average Rent
$1,073
How Springfield Compares to Other Cities
| City | Average Rent |
|---|---|
| Springfield | $1,138 |
| Kansas City | $1,360 |
| Saint Louis | $1,443 |
| Florissant | $1,078 |
| Saint Charles | $1,500 |
| University City | $1,626 |
| Independence | $1,225 |
| Jennings | $887 |
| Ballwin | $1,468 |
| O'Fallon | $1,606 |
| Lee's Summit | $1,607 |
| Nixa, MO | $1,181 |
| Republic, MO | $1,095 |
| Ozark, MO | $1,115 |
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.