Springfield, OR Rental Market Trends
Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Springfield is $1,606, a 2.64% increase compared to the previous year, when the average rent was $1,565.
One-bedroom apartments provide 652 square feet for $1,362, balancing privacy and affordability.
Two-beedroom units at $1,616 offer 895 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,181 sq ft) for $2,181, suitable for larger households.
Average rent in Springfield, OR
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,606 | 848 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,362 | 652 sq. ft. |
| 2 Beds | $1,616 | 895 sq. ft. |
| 3 Beds | $2,181 | 1,181 sq. ft. |
Springfield, OR rent trends
Rental prices in Springfield, OR have increased by 2.64% over the past year. The average rent moved from $1,565 to $1,606.
What's the typical rent budget in Springfield, OR?
The largest share of rentals in Springfield, OR (48%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Springfield, OR?
11,131 or 45% of the households in Springfield, OR are renter-occupied while 13,619 or 55% are owner-occupied.
How Springfield Compares to Other Cities
| City | Average Rent |
|---|---|
| Springfield | $1,606 |
| Portland | $1,713 |
| Hillsboro | $1,851 |
| Eugene | $1,889 |
| Bend | $1,918 |
| Gresham | $1,598 |
| Beaverton | $1,745 |
| Salem | $1,493 |
| Tigard | $1,691 |
| Happy Valley | $1,856 |
| Corvallis | $1,987 |
| Keizer, OR | $1,489 |
| Albany | $1,583 |
| Lebanon, OR | $1,573 |
| Independence, OR | $1,731 |
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.