Springfield, VA Rental Market Trends

Highlights

The average rent for an apartment in Springfield is $1,619, a 1% increase compared to the previous year, when the average rent was $1,610.

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 May 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $1,619 n/a $1,489 $1,680 $2,028
Y-o-Y Change 1% 0% 1% 0% 2%
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-$1,50058%
  • $1,501-$2,00042%

Springfield, VA Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
May / 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
Jan / 2015 $1,566 $1,425 $1,623 $2,118
/

Average Rent in Springfield, VA By Neighborhood

Tysons Corner
$2,135
Mc Lean
$2,078
Mc Lean Town
$2,078
Reston
$1,866
Vienna
$1,825
Vienna Town
$1,750
Fairfax
$1,749
West Falls Church
$1,715
Annandale
$1,675
Annandale Town
$1,675
Wakefield
$1,675
Woodburn
$1,675
Lincolnia
$1,649
Idylwood
$1,619
Pimmit Hills
$1,619
Falls Church
$1,617
Alexandria
$1,612
Rose Hill
$1,605
Huntington
$1,588
Lake Barcroft
$1,552
Seven Corners
$1,552
Bailey's Crossroads
$1,545
Hayfield
$1,520
Belle Haven
$1,443
Fort Hunt
$1,443
Groveton
$1,443
Hybla Valley
$1,443
/
/

The most affordable neighborhoods in Springfield are Belle Haven, where the average rent goes for $1,443/month, Fort Hunt, where renters pay $1,443/mo on average, and Groveton, where the average rent goes for $1,443/mo. If you’re looking for other great deals, check out the listings from Hybla Valley ($1,443), Hayfield ($1,520), and Bailey's Crossroads ($1,545), where the asking prices are below the average Springfield rent of $1,619/mo.

The most expensive neighborhoods in Springfield are Mc Lean ($2,078), Mc Lean Town ($2,078) and Tysons Corner ($2,135).

Springfield | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Alexandria is 4% lower than in Annandale

$1,612

Alexandria rent is 1% lower than Springfield average

All rentals $1,612
Studio $1,247
1 Bed $1,488
2 Beds $1,816
3 Beds $1,956
$1,675

Annandale rent is 3% higher than Springfield average

All rentals $1,675
Studio $1,400
1 Bed $1,425
2 Beds $1,740
3 Beds $2,170

How Does Springfield Compare to Nearby Cities

Average Rent Y-o-Y Change
Alexandria $1,612 -2%
Falls Church $1,617 -2%
Fairfax $1,749 -1%
Herndon $1,724 -4%
Reston $1,866 -3%
Mc Lean $2,078 -2%
Vienna $1,825 -6%
McNair $1,708 -5%
Tysons Corner $2,135 -3%
Herndon Town $1,760 0%
Springfield $1,619 1%

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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