Springfield, OH Rental Market Trends
Highlights
The average rent for an apartment in Springfield is $690, a 3% increase compared to the previous year, when the average rent was $669.
Average Rent in Springfield, OH
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $690 | 3% | 836 sq. ft. |
The average size for a Springfield, OH apartment is 836 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, OH Apartment Rent Ranges
- < $5004%
- $501-$70045%
- $701-$1,00049%
- $1,001-$1,5001%
Springfield, OH Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
10,425 or 42% of the households in Springfield, OH are renter-occupied while 14,106 or 57% are owner-occupied.
Springfield, OH Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Springfield, OH | $628 | $623 | $634 | $640 | $640 | $640 | $669 | $675 | $689 | $690 |
| National | $1,353 | $1,349 | $1,381 | $1,383 | $1,386 | $1,421 | $1,430 | $1,434 | $1,470 | $1,476 |
Average Rent in Springfield, OH By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Wheldon Park Homes | $632 |
| The Wood | $632 |
| Sun Valley Estates | $632 |
| Springfield Industrial Park | $632 |
| Spring Acres | $632 |
| Spinning Homestead Estates | $632 |
| Southridge | $632 |
| Southern Hills | $632 |
| Skyline Acres | $632 |
| Sherwood Park | $632 |
| S&F Industrial | $632 |
| Primeohio Corporate Park | $632 |
| Old Country Estates | $632 |
| Meadow Lane Estates | $632 |
| Maplewood | $632 |
| Maple Dell | $632 |
| Lonesome Dove | $632 |
| Linden Heights | $632 |
| Lincoln Park | $632 |
| Limecrest Terrace | $632 |
| Laybourne Industrial Park | $632 |
| Lansdowne Park | $632 |
| Kenwood Heights | $632 |
| Hillcrest Terrace | $632 |
| Highlands | $632 |
| Harmony | $632 |
| Green Hedges | $632 |
| Grandview | $632 |
| Fallen Timbers | $632 |
| Elmwood Place | $632 |
| Elbron Wood | $632 |
| Eastside Square | $632 |
| Crabill Road Farms | $632 |
| Coutry Grove | $632 |
| Colonade Park | $632 |
| Clifton Avenue | $632 |
| Clark State Community College | $632 |
| Clairmont | $632 |
| Cheviot Hills | $632 |
| CDR Commercial Park | $632 |
| Burnett Acres | $632 |
| Belmont Meadows | $632 |
| Bellaire | $632 |
| Penn Street Extension | $689 |
| Oakland Court | $689 |
| Little Hollywood | $689 |
| Woodview | $700 |
| Whispering Pines | $700 |
| Westwood Hills | $700 |
| Westridge | $700 |
| Westchester Park | $700 |
| Victoria Villa | $700 |
| Valley View Homes | $700 |
| Valley Square | $700 |
| Valley Loop Center | $700 |
| Thuma Estates | $700 |
| Tecumseh Trails | $700 |
| Tecumseh Heights | $700 |
| Tartan Turf Estates | $700 |
| Sugar Grove | $700 |
| Springfield College | $700 |
| South View | $700 |
| Snyder Terrace | $700 |
| Rolling Fields Estates | $700 |
| Ridgewood | $700 |
| Ridgeview | $700 |
| Pythian Heights | $700 |
| Parker Plaza | $700 |
| Overlook Drive | $700 |
| Oak Park | $700 |
| National Heights | $700 |
| Mission Hills | $700 |
| Lawrenceville | $700 |
| Lagos | $700 |
| Jackson Heights | $700 |
| Hunting Fields Estates | $700 |
| Hometown Business District | $700 |
| Hills and Dales | $700 |
| Hatfield | $700 |
| Harshman Place | $700 |
| Harding Heights | $700 |
| Glenfield | $700 |
| Glendale | $700 |
| Fox Hollow | $700 |
| Forest Hills | $700 |
| Edenwood | $700 |
| Downey Heights | $700 |
| Deber Estates | $700 |
| Country Club District | $700 |
| Commercial Circle Industrial | $700 |
| Clinton Heights | $700 |
| Clear View | $700 |
| Cedar Hills | $700 |
| Broadview Acres | $700 |
| Broadmoor | $700 |
| Bexley | $700 |
| Belle Avenue | $700 |
| Bechtle Business District | $700 |
| Ballantine Acres | $700 |
| Audubon Park | $700 |
| Aberfelda Hills | $700 |
| Aberfelda Heights | $700 |
| The Village of Dunloe | $704 |
| Sherwood | $704 |
| Seans Woods | $704 |
| Northern Heights | $704 |
| Glenn Terrace | $704 |
| Englewood | $704 |
| Derby Glen | $704 |
| Canterbury | $704 |
| Buck Creek Improvements | $704 |
| Yorkshire | $704 |
| Wrenwood Farms | $704 |
| Woodhouse | $704 |
| Woodale Heights | $704 |
| Willow Lakes | $704 |
| Warder's Homestead | $704 |
| Warder Park | $704 |
| Walnut Hills | $704 |
| Villas at Kingsgate | $704 |
| Villa Run | $704 |
| Victorian Village | $704 |
| Twin Lakes | $704 |
| The Estates at Forest Edge | $704 |
| The Cedars | $704 |
| Terra Cela Manor | $704 |
| Simon Kenton Farm | $704 |
| Roseland | $704 |
| Rose Park | $704 |
| Red Coach Village | $704 |
| Pollo Hills | $704 |
| Olympic Hills | $704 |
| Oakcrest | $704 |
| Northwood Lakes | $704 |
| Northwood Hills Estates | $704 |
| Northland | $704 |
| Northfield Villas | $704 |
| Northern Estates | $704 |
| North Village Square | $704 |
| Miracle Mile | $704 |
| Meadows at Kingsgate | $704 |
| Malowneys Hillside | $704 |
| Malowneys Eastern Park | $704 |
| Lagonda Heights | $704 |
| KTK Industrial Park | $704 |
| Knollwood | $704 |
| Kingsgate Commons | $704 |
| Imperial Village | $704 |
| Homestead Acres | $704 |
| Home Orchard | $704 |
| Holiday Hills | $704 |
| Highlander Estates | $704 |
| Greenlawn Village | $704 |
| Greenbrier Condominium | $704 |
| Grantom View | $704 |
| Glenco Estates | $704 |
| Garden Acres | $704 |
| Fox Ridge | $704 |
| El Camino | $704 |
| Edwardsville | $704 |
| Edgewood Farms | $704 |
| Eastview Heights | $704 |
| Eastridge Commons | $704 |
| Derrmont Gardes | $704 |
| Deerfield Village North | $704 |
| Country Villa | $704 |
| Colony | $704 |
| Clarence J. Brown Reservoir | $704 |
| Chapel Hill | $704 |
| Arlington | $704 |
| Argonne Lane Condo | $704 |
The most affordable neighborhoods in Springfield are Bellaire, where the average rent goes for $632/month, Belmont Meadows, where renters pay $632/mo on average, and Burnett Acres, where the average rent goes for $632/mo. If you’re looking for other great deals, check out the listings from CDR Commercial Park ($632), Cheviot Hills ($632), and Clairmont ($632), where the asking prices are below the average Springfield rent of $690/mo.
The most expensive neighborhoods in Springfield are Woodhouse ($704), Wrenwood Farms ($704) and Yorkshire ($704).
Springfield | Rent Comparison by Neighborhood
Rent in Aberfelda Heights is the same as in Aberfelda Hills
Aberfelda Heights rent is 1% higher than Springfield average
| Average Rent | $700 |
|---|
Aberfelda Hills rent is 1% higher than Springfield average
| Average Rent | $700 |
|---|
How Does Springfield Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Springfield | $690 | 3% |
| Northridge | $704 | 4% |
| Crystal Lakes | $605 | 19% |
| Holiday Valley | $823 | 3% |
| Medway | $605 | 19% |
| Medway Town | $605 | 19% |
For more information about the Springfield rental trends, check out our monthly rent report