Springfield, VA Rental Market Trends
What is the average rent in Springfield?
The average rent for an apartment in Springfield is $1,973. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Springfield, VA
|Average Rent||Average Apartment Size|
|$1,973||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
3,738 or 36% of the households in Springfield, VA are renter-occupied while 6,728 or 64% are owner-occupied.
Springfield, VA rent trends
Average Rent in Springfield, VA By Neighborhood
|West Falls Church||$2,149|
What are the most affordable neighborhoods in Springfield?
The most affordable neighborhoods in Springfield are Mount Vernon, where the average rent goes for $1,717/month, Woodlawn, where renters pay $1,717/mo on average, and Belle Haven, where the average rent goes for $1,868/mo. If you’re looking for other great deals, check out the listings from Fort Hunt ($1,868), Groveton ($1,868), and Hybla Valley ($1,868), where the asking prices are below the average Springfield rent of $1,973/mo.
What are the most expensive neighborhoods in Springfield?
The most expensive neighborhoods in Springfield are Newington Forest ($2,595), South Run ($2,595) and Tysons Corner ($2,617).
What are the most popular neighborhoods in Springfield?
The most popular neighborhood in Springfield is Alexandria, where there are 47 listings with an average rent of $2,049. Next up is Fairfax, where apartments go for $2,231/month, followed by Falls Church with $2,046 If you’re looking to rent in Springfield’s most popular neighborhoods, make sure to also check out Herndon, where renters pay $2,218 on average, and Mc Lean, where the average monthly rent is $2,529.
Springfield | Rent Comparison by Neighborhood
Rent in Alexandria is 6% higher than in Annandale
Alexandria rent is 4% higher than Springfield average
Annandale rent is 2% lower than Springfield average
How Springfield Compares to Other Cities