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Studio Apartments for Rent in Springfield, MA

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    Starting at $1,250 Plus Fees

    • Studio

    215 Fort Pleasant Ave, Springfield, MA 01108

    Move in Special! NO SECURITY DEPOSIT REQUIRED.HEAT HOT WATER AND ELECTRICITY INCLUDED!!Quiet, safe community with beautifully remodeled units.New oak cabinets, stone or quartz countertops, stainless steel appliances with all new flooring these spacious units are located in the beautiful forest park area with the convenience of an on-site bus stop, just minutes from downtown

    Pleasant Park Apartments

    215 Fort Pleasant Ave, Springfield, MA 01108
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    $1,550 Plus Fees

    • Studio
    • 1 Bath
    • 1,050 Sq Ft
    • Condo for Rent

    181 Chestnut St Unit Storefront, Springfield, MA 01103

    Property Id: 2413316 Prime retail Storefront available for lease-Downtown Springfield Massachusetts business district. Discover an exceptional opportunity to establish or expand your business in one of Downtown Springfield's most sought after location and property! This beautifully renovated storefront sits in the heart of busin ess improvement district(BID). A vibrant, clean, safe, and

    181 Chestnut St Unit Storefront, Springfield, MA 01103

Why Live in Springfield

Springfield's rich cultural heritage comes alive through attractions like the Naismith Memorial Basketball Hall of Fame, where the sport was invented in 1891, and the whimsical Amazing World of Dr. Seuss Museum celebrating the city's famous native son. The Springfield Museums complex houses five distinct institutions, including art, science, and history museums. Forest Park, designed by the same architect as New York's Central Park, provides extensive recreational space with walking trails, while the Connecticut River Walk and Bikeway offers scenic waterfront paths. The dining scene features established favorites like Red Rose Pizzeria, known for generations of Italian cuisine, and The Student Prince Café, serving authentic German fare since 1935.

The housing market presents diverse options across distinct neighborhoods. Single-family homes dominate Forest Park with a median price of $291,500, while East Forest Park commands a median of $315,000. Sixteen Acres features single-family homes at a median of $318,700. Metro Center focuses on condominium living, with one-bedroom units at a median of $94,000 and two-bedroom units at $225,000. The citywide median sale price stands at $290,000, with townhomes at $270,000.

Property taxes in Springfield reflect a 1.57% effective rate in Hampden County, matching nearby Holyoke and Chicopee. Massachusetts applies a 5% state income tax and 6.25% sales tax. Springfield Commonwealth Academy, rated A+ by Niche, serves multiple neighborhoods as a private school option. The Pioneer Valley Transit Authority connects Springfield to surrounding communities, while Amtrak provides service to Boston, New York City, and Hartford. The city sits 90 miles west of Boston and 25 miles north of Hartford, offering reasonable commuting distances to major employment centers.

Frequently Asked Questions

How much does it cost to rent a home in Springfield, MA?
The median rent for a home in Springfield, MA is $1,900 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Springfield, MA?
To comfortably afford the median rent in Springfield, MA, a household needs to earn roughly $76,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,900 per month in Springfield, MA, renters typically need to show $5,700 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Springfield, MA?
In Springfield, MA, the price-to-rent ratio is 13.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,900
Median Single Family Home Rent
$2,425
Median Townhouse Rent
$2,050
Median Condo Rent
$1,860
How to Rent a Home