Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Springfield Town, VA Rental Market Trends
What is the average rent in Springfield Town?
The average rent for an apartment in Springfield Town is $1,815. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Springfield Town, VA
Last updated January 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,815 | 897 sq. ft. |
What is the average apartment size in Springfield Town?
The average size for a Springfield Town, VA apartment is 897 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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 Town, VA Apartment Rent Ranges
Springfield Town, VA Occupied Housing Units
3,063 or 29% of the households in Springfield Town, VA are renter-occupied while 7,187 or 70% are owner-occupied.
Springfield Town, VA Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Jan / 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Springfield Town, VA | $1,652 | $1,719 | $1,668 | $1,685 | $1,726 | $1,650 | $1,642 | $1,729 | $1,815 |
| National | $1,344 | $1,376 | $1,384 | $1,387 | $1,379 | $1,383 | $1,393 | $1,476 | $1,572 |
How Springfield Town Compares to Other Cities
| City | Average Rent |
|---|---|
| Richmond | $1,328 |
| Arlington | $2,354 |
| Alexandria | $1,906 |
| Virginia Beach | $1,485 |
| Newport News | $1,206 |
| Springfield Town | $1,815 |
Most Popular Apartments in Springfield Town
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Springfield Town apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.