Springfield, VA Rental Market Trends

Highlights

The average rent for an apartment in Springfield is $1,764, a 9% increase compared to the previous year, when the average rent was $1,619.

Average Rent in Springfield, VA

Last updated November 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,764	9%	909 sq. ft.

The average size for a Springfield, VA apartment is 909 square feet, but this number varies greatly depending on apartment type. 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

$1,001-$1,50029%
$1,501-$2,00049%
> $2,00021%

Springfield, VA Occupied Housing Units

Renter-occupied Households23%
Owner-occupied Households76%

8,313 or 23% of the households in Springfield, VA are renter-occupied while 26,643 or 76% are owner-occupied.

Springfield, VA Rent Trends

Average Rent	Jul / 2016	Nov / 2016	Mar / 2017	Jul / 2017	Nov / 2017	Mar / 2018	Jul / 2018	Nov / 2018	Mar / 2019	Nov / 2019
Springfield, VA	$1,624	$1,626	$1,610	$1,670	$1,607	$1,619	$1,619	$1,649	$1,683	$1,764
National	$1,342	$1,350	$1,346	$1,378	$1,380	$1,383	$1,418	$1,427	$1,431	$1,466

Average Rent in Springfield, VA By Neighborhood

Neighborhood	Average Rent
Hybla Valley	$1,542
Groveton	$1,542
Fort Hunt	$1,542
Belle Haven	$1,542
Woodlawn	$1,557
Mount Vernon	$1,557
Hayfield	$1,627
Bailey's Crossroads	$1,655
Seven Corners	$1,665
Lake Barcroft	$1,665
Ravensworth	$1,704
North Springfield	$1,704
Kings Park	$1,704
Lincolnia	$1,709
Huntington	$1,716
Woodburn	$1,718
Wakefield	$1,718
Annandale Town	$1,718
Annandale	$1,718
Springfield Town	$1,719
Rose Hill	$1,749
Alexandria	$1,756
Newington	$1,771
Mason Neck	$1,771
Lorton Town	$1,771
Lorton	$1,771
Laurel Hill	$1,771
Falls Church	$1,796
Centreville	$1,801
Pimmit Hills	$1,830
Fort Belvoir	$1,856
West Falls Church	$1,863
Herndon Town	$1,869
Dranesville	$1,869
Kingstowne	$1,876
Franconia	$1,876
Burke Town	$1,884
Burke Centre	$1,884
Burke	$1,884
West Springfield	$1,897
Herndon	$1,916
Idylwood	$1,922
Vienna Town	$1,925
Fairfax	$1,931
McNair	$1,936
Franklin Farm	$1,936
Floris	$1,936
Vienna	$2,012
Reston	$2,154
South Run	$2,185
Newington Forest	$2,185
Wolf Trap	$2,340
Mc Lean Town	$2,362
Mc Lean	$2,362
Tysons Corner	$2,455

The most affordable neighborhoods in Springfield are Belle Haven, where the average rent goes for $1,542/month, Fort Hunt, where renters pay $1,542/mo on average, and Groveton, where the average rent goes for $1,542/mo. If you’re looking for other great deals, check out the listings from Hybla Valley ($1,542), Mount Vernon ($1,557), and Woodlawn ($1,557), where the asking prices are below the average Springfield rent of $1,764/mo.

The most expensive neighborhoods in Springfield are Mc Lean ($2,362), Mc Lean Town ($2,362) and Tysons Corner ($2,455).

Springfield | Rent Comparison by Neighborhood

Rent in Alexandria is 2% higher than in Annandale

$1,756

Alexandria rent is 1% lower than Springfield average

Average Rent	$1,756

$1,718

Annandale rent is 3% lower than Springfield average

Average Rent	$1,718

How Does Springfield Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Alexandria	$1,756	3%
Fairfax	$1,931	7%
Falls Church	$1,796	6%
Herndon	$1,916	7%
Mc Lean	$2,362	6%
Reston	$2,154	8%
Herndon Town	$1,869	6%
Tysons Corner	$2,455	7%
Vienna	$2,012	3%
Springfield	$1,764	9%
Lorton	$1,771	5%

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

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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 ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.