Springfield Town, VA Rental Market Trends
Highlights
The average rent for an apartment in Springfield Town is $1,650, a 1% decrease compared to the previous year, when the average rent was $1,668.
Average Rent in Springfield Town, VA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,650 | -1% | 897 sq. ft. |
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
- $1,001-$1,50033%
- $1,501-$2,00050%
- > $2,00017%
Springfield Town, VA Occupied Housing Units
- Renter-occupied Households30%
- Owner-occupied Households69%
3,049 or 30% of the households in Springfield Town, VA are renter-occupied while 7,090 or 69% are owner-occupied.
Springfield Town, VA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Springfield Town, VA | $1,606 | $1,606 | $1,608 | $1,652 | $1,719 | $1,668 | $1,685 | $1,726 | $1,650 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How Springfield Town Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Richmond | $1,196 | 8% |
| Arlington | $1,996 | -11% |
| Alexandria | $1,686 | -4% |
| Newport News | $1,036 | 6% |
| Virginia Beach | $1,300 | 7% |
| Springfield | $1,695 | -1% |
| Springfield Town | $1,650 | -1% |
| Bailey's Crossroads | $1,604 | -9% |
| Annandale | $1,623 | -8% |
| Annandale Town | $1,623 | -8% |
| Lorton | $1,793 | 2% |
For more information about the Springfield Town rental trends, check out our monthly rent report
Check out Virginia Cities, Virginia Neighborhoods and Virginia Zip Codes for more details on verified listings, including the Virginia Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!