Springfield, VA Rental Market Trends
What is the average rent in Springfield?
The average rent for an apartment in Springfield is $1,784, a 1% increase compared to the previous year, when the average rent was $1,768.
Average Rent in Springfield, VA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,784 | 1% | 908 sq. ft. |
What is the average apartment size in Springfield?
The average size for a Springfield, VA apartment is 908 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, VA Apartment Rent Ranges
Springfield, VA Occupied Housing Units
3,063 or 29% of the households in Springfield, VA are renter-occupied while 7,187 or 70% are owner-occupied.
Springfield, VA Rent Trends
| Average Rent | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Sep / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Springfield, VA | $1,619 | $1,649 | $1,683 | $1,764 | $1,711 | $1,718 | $1,768 | $1,695 | $1,662 | $1,784 |
| National | $1,347 | $1,356 | $1,361 | $1,393 | $1,400 | $1,402 | $1,393 | $1,396 | $1,404 | $1,510 |
Average Rent in Springfield, VA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Tysons Corner | $2,330 |
| Mc Lean | $2,273 |
| Wolf Trap | $2,260 |
| Newington Forest | $2,169 |
| South Run | $2,169 |
| Reston | $2,123 |
| Burke | $2,089 |
| Burke Centre | $2,089 |
| Franconia | $2,062 |
| Kingstowne | $2,062 |
| Fairfax | $2,054 |
| Vienna | $2,037 |
| Fort Belvoir | $2,033 |
| Floris | $1,998 |
| Franklin Farm | $1,998 |
| McNair | $1,998 |
| West Springfield | $1,989 |
| Herndon | $1,978 |
| West Falls Church | $1,935 |
| Dranesville | $1,931 |
| Laurel Hill | $1,908 |
| Lorton | $1,908 |
| Mason Neck | $1,908 |
| Newington | $1,908 |
| Centreville | $1,905 |
| Alexandria | $1,902 |
| Idylwood | $1,873 |
| Falls Church | $1,799 |
| Rose Hill | $1,769 |
| Hayfield | $1,745 |
| Pimmit Hills | $1,744 |
| Lincolnia | $1,738 |
| Annandale | $1,731 |
| Wakefield | $1,731 |
| Woodburn | $1,731 |
| Huntington | $1,708 |
| Lake Barcroft | $1,660 |
| Seven Corners | $1,660 |
| Kings Park | $1,654 |
| North Springfield | $1,654 |
| Ravensworth | $1,654 |
| Bailey's Crossroads | $1,639 |
| Belle Haven | $1,615 |
| Fort Hunt | $1,615 |
| Groveton | $1,615 |
| Hybla Valley | $1,615 |
| Mount Vernon | $1,599 |
| Woodlawn | $1,599 |
What are the most affordable neighborhoods in Springfield?
The most affordable neighborhoods in Springfield are Mount Vernon, where the average rent goes for $1,599/month, Woodlawn, where renters pay $1,599/mo on average, and Belle Haven, where the average rent goes for $1,615/mo. If you’re looking for other great deals, check out the listings from Fort Hunt ($1,615), Groveton ($1,615), and Hybla Valley ($1,615), where the asking prices are below the average Springfield rent of $1,784/mo.
What are the most expensive neighborhoods in Springfield?
The most expensive neighborhoods in Springfield are Wolf Trap ($2,260), Mc Lean ($2,273) and Tysons Corner ($2,330).
What are the most popular neighborhoods in Springfield?
The most popular neighborhood in Springfield is Alexandria, where there are 51 verified RENTCafé listings with an average rent of $1,902. Next up is Falls Church, where apartments go for $1,799/month, followed by Fairfax with $2,054 If you’re looking to rent in Springfield’s most popular neighborhoods, make sure to also check out Herndon, where renters pay $1,978 on average, and Mc Lean, where the average monthly rent is $2,273.
Springfield | Rent Comparison by Neighborhood
Rent in Alexandria is 10% higher than in Annandale
Alexandria rent is 7% higher than Springfield average
| Average Rent | $1,902 |
|---|
Annandale rent is 3% lower than Springfield average
| Average Rent | $1,731 |
|---|
How Springfield Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Washington | $2,160 | n/a |
| Richmond | $1,318 | 13% |
| Arlington | $2,334 | 10% |
| Alexandria | $1,902 | 9% |
| Silver Spring | $1,708 | 3% |
| Newport News | $1,157 | 14% |
| Virginia Beach | $1,455 | 15% |
| Laurel | $1,720 | 7% |
| Woodbridge | $1,750 | 13% |
| Rockville | $2,002 | 5% |
| Springfield | $1,784 | 1% |