Springfield, VA Rental Market Trends

Highlights

The average rent for an apartment in Springfield is $1,681, a 4% increase compared to the previous year, when the average rent was $1,613.

Studio apartments in Springfield rent for a month, while 1-bedroom apartments ask on average $1,570 a month; the average rent for a 2-bedroom apartment is $1,757.

Average Rent in Springfield, VA

Last updated Oct 2017
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $1,681 n/a $1,570 $1,757 $2,117
Y-o-Y Change 4% 0% 7% -1% 3%
Average Apartment Size 920 sq. ft. n/a 778 sq. ft. 984 sq. ft. 1,222 sq. ft.

Springfield, VA Apartment Rent Ranges

  • $1,001-$1,50050%
  • $1,501-$2,00049%
  • > $2,0001%

Springfield, VA Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
October 2017 $1,681 $1,570 $1,757 $2,117
Jan / 2017 $1,609 $1,467 $1,666 $1,966
Sept / 2016 $1,627 $1,518 $1,733 $2,071
May / 2016 $1,613 $1,472 $1,783 $2,048
Jan / 2016 $1,665 $1,493 $1,710 $1,902
Sept / 2015 $1,649 $1,536 $1,668 $2,031
May / 2015 $1,608 $1,553 $1,611 $2,214
Jan / 2015 $1,584 $1,377 $1,637 $2,091
Sept / 2014 $1,683 $1,433 $1,693 $2,094
May / 2014 $1,621 $1,425 $1,698 $2,002
/

Average Rent in Springfield, VA By Neighborhood

Reston
$1,875
Vienna
$1,816
Fairfax
$1,776
Alexandria
$1,654
Falls Church
$1,648
Fort Hunt
$1,495

The most affordable neighborhoods in Springfield are Fort Hunt, where the average rent goes for $1,495/month, Falls Church, where renters pay $1,648/mo on average, and Alexandria, where the average rent goes for $1,654/mo. If you’re looking for other great deals, check out the listings from Fairfax ($1,776), Vienna ($1,816), and Reston ($1,875), where the asking prices are below the average Springfield rent of $1,681/mo.

The most expensive neighborhoods in Springfield are Fairfax ($1,776), Vienna ($1,816) and Reston ($1,875).

Springfield | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Alexandria is 7% lower than in Fairfax

$1,654

Alexandria rent is 2% lower than Springfield average

All rentals $1,654
Studio $1,270
1 Bed $1,516
2 Beds $1,849
3 Beds $2,010
$1,776

Fairfax rent is 6% higher than Springfield average

All rentals $1,776
Studio $1,547
1 Bed $1,631
2 Beds $1,923
3 Beds $2,229

How Does Springfield Compare to Nearby Cities

Average Rent Y-o-Y Change
Alexandria $1,654 1%
Falls Church $1,648 2%
Herndon $1,763 2%
Fairfax $1,776 2%
Reston $1,875 1%
McNair $1,793 2%
Vienna $1,816 1%
Springfield $1,681 4%
Herndon Town $1,697 2%
Mc Lean $1,985 -3%
Springfield Town $1,670 7%

For more information about the Springfield rental trends, check out our monthly rent report

Cheapest Listings on RENTCafé

Most Expensive Listings on RENTCafé

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 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.

Other Cities