Springfield, VA Rental Market Trends

Highlights

The average rent for an apartment in Springfield is $1,619, a 3% decrease compared to the previous year, when the average rent was $1,670.

Studio apartments in Springfield rent for a month, while 1-bedroom apartments ask on average $1,489 a month; the average rent for a 2-bedroom apartment is $1,680.

Average Rent in Springfield, VA

Last updated Oct 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $1,619 $1,489 $1,680 $2,028
Y-o-Y Change -3% n/a -3% -3% -3%
Average Apartment Size 920 sq. ft. 778 sq. ft. 984 sq. ft. 1,222 sq. ft.

Springfield, VA Apartment Rent Ranges

  • $1,001-$1,50058%
  • $1,501-$2,00042%

Springfield, VA Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Oct / 2018 $1,619 $1,489 $1,680 $2,028
Jan / 2018 $1,619 $1,489 $1,680 $2,028
Sept / 2017 $1,607 $1,503 $1,649 $1,999
May / 2017 $1,670 $1,542 $1,729 $2,091
Jan / 2017 $1,610 $1,474 $1,680 $1,997
Sept / 2016 $1,626 $1,484 $1,692 $2,096
May / 2016 $1,624 $1,438 $1,724 $2,109
Jan / 2016 $1,599 $1,449 $1,682 $1,965
Sept / 2015 $1,630 $1,548 $1,660 $1,977
May / 2015 $1,631 $1,534 $1,653 $2,165
/

Average Rent in Springfield, VA By Neighborhood

Tysons Corner
$2,302
Mc Lean
$2,238
Mc Lean Town
$2,238
Reston
$1,990
Vienna
$1,946
Vienna Town
$1,878
West Falls Church
$1,808
Fairfax
$1,801
Floris
$1,797
Franklin Farm
$1,797
McNair
$1,797
Herndon
$1,786
Idylwood
$1,780
Pimmit Hills
$1,706
Falls Church
$1,695
Rose Hill
$1,686
Huntington
$1,678
Annandale
$1,675
Annandale Town
$1,675
Wakefield
$1,675
Woodburn
$1,675
Lincolnia
$1,655
Alexandria
$1,648
Lake Barcroft
$1,563
Seven Corners
$1,563
Bailey's Crossroads
$1,556
Hayfield
$1,545
Belle Haven
$1,473
Fort Hunt
$1,473
Groveton
$1,473
Hybla Valley
$1,473
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The most affordable neighborhoods in Springfield are Belle Haven, where the average rent goes for $1,473/month, Fort Hunt, where renters pay $1,473/mo on average, and Groveton, where the average rent goes for $1,473/mo. If you’re looking for other great deals, check out the listings from Hybla Valley ($1,473), Hayfield ($1,545), and Bailey's Crossroads ($1,556), where the asking prices are below the average Springfield rent of $1,619/mo.

The most expensive neighborhoods in Springfield are Mc Lean ($2,238), Mc Lean Town ($2,238) and Tysons Corner ($2,302).

Springfield | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Alexandria is 2% lower than in Annandale

$1,648

Alexandria rent is 2% higher than Springfield average

All rentals $1,648
Studio $1,248
1 Bed $1,512
2 Beds $1,844
3 Beds $2,021
$1,675

Annandale rent is 3% higher than Springfield average

All rentals $1,675
Studio $1,400
1 Bed $1,471
2 Beds $1,755
3 Beds $2,089

How Does Springfield Compare to Nearby Cities

Average Rent Y-o-Y Change
Falls Church $1,695 -1%
Alexandria $1,648 -2%
Springfield Town $1,606 -2%
Vienna $1,946 1%
Herndon $1,786 -1%
Reston $1,990 1%
Herndon Town $1,762 1%
Mc Lean $2,238 3%
Tysons Corner $2,302 3%
Fairfax $1,801 -2%
Springfield $1,619 -3%

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

Cheapest Listings on RENTCafé

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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.

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