Springfield, MO Rental Market Trends
Last updated: July 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Springfield is $1,130, a 2.3% increase compared to the previous year, when the average rent was $1,105.
Studio Apartments at $884 offer the most budget-friendly option with 454 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 711 square feet for $961, balancing privacy and affordability.
Two-beedroom units at $1,156 offer 1,007 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,223 sq ft) for $1,539, suitable for larger households.
Average rent in Springfield, MO
Last updated: July 02, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,130 | 894 sq. ft. |
| Studio | $884 | 454 sq. ft. |
| 1 Bed | $961 | 711 sq. ft. |
| 2 Beds | $1,156 | 1,007 sq. ft. |
| 3 Beds | $1,539 | 1,223 sq. ft. |
Springfield, MO rent trends
Rental prices in Springfield, MO have increased by 2.3% over the past year. The average rent moved from $1,105 to $1,130.
What's the typical rent budget in Springfield, MO?
The largest share of rentals in Springfield, MO (46%) 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 $725/month
Rountree $780/month
Oak Grove $825/month
All of these neighborhoods fall below the city wide average of $1,130/month.Most expensive neighborhoods in Springfield?
Southwest Village - Marlborough $1,256/month
Fox Grape $1,523/month
Downtown Springfield $1,803/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 | $1,803 |
| Fox Grape | $1,523 |
| Southwest Village - Marlborough | $1,256 |
| Tom Watkins | $1,200 |
| Westside Springfield | $1,146 |
| Scenic Heights | $1,087 |
| Broadmoor Terrace | $1,071 |
| Parkwest Village | $1,066 |
| Seminole - Holland | $1,001 |
| Golfside | $964 |
| Bradford Park | $956 |
| Southern Hills | $923 |
| Oak Grove | $825 |
| Rountree | $780 |
| Doling | $725 |
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Springfield | Rent Comparison by Neighborhood
Rent in Bradford Park is 11% lower than in Broadmoor Terrace
$956
Bradford Park rent is 15% lower than Springfield average
Average Rent
$956
$1,071
Broadmoor Terrace rent is 5% lower than Springfield average
Average Rent
$1,071
How Springfield Compares to Other Cities
| City | Average Rent |
|---|---|
| Springfield | $1,130 |
| Kansas City | $1,341 |
| Saint Louis | $1,439 |
| Florissant | $1,060 |
| Saint Charles | $1,491 |
| University City | $1,611 |
| Independence | $1,189 |
| Jennings | $902 |
| O'Fallon | $1,584 |
| Ballwin | $1,470 |
| Lee's Summit | $1,522 |
| Republic, MO | $1,071 |
| Ozark, MO | $1,148 |
| Nixa, MO | $1,165 |
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.