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Fair Market Rent Prices in Springfield, MA :
$818 $987 $1,223 $1,497 $1,799
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Springfield are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Springfield is $1,223 per month.

The previous year, rent for a two-bedroom home was $1,094 per month. This is a 11.79% increase year-over-year.

This FMR rate applies to North Amherst, MA, Middlefield, MA, West Chesterfield, MA, North Hatfield, MA, West Hatfield, MA, Goshen, MA, Chesterfield, MA, Amherst, MA, Thorndike, MA, Bondsville, MA and other cities within the region. The Metro Code or CBSA code for this region is METRO44140M44140.

Additionally, This Fair Market Rent (FMR) area Springfield, MA HUD Metro FMR Area spans forty-three counties or cities in which ares listed in the table below. Estimated population of Springfield, MA HUD Metro FMR Area FMR area is 628,008 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Springfield. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Springfield

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 877
1-BR 1-Bedroom $ 1059
2-BR 2-Bedroom $ 1312
3-BR 3-Bedroom $ 1606
4-BR 4-Bedroom $ 1930
Change Year:

The counties, cities, towns, and regions listed below fall into the Springfield, MA HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Springfield - Holyoke.

County / Region Est. Population
Agawam Town city, MA Metro 28,627
Blandford town, MA Metro 1,061
Brimfield town, MA Metro 3,663
Chester town, MA Metro 1,525
Chicopee city, MA Metro 55,186
East Longmeadow town, MA Metro 16,215
Granville town, MA Metro 1,703
Hampden town, MA Metro 5,174
Holland town, MA Metro 2,492
Holyoke city, MA Metro 40,161
Longmeadow town, MA Metro 15,736
Ludlow town, MA Metro 21,223
Monson town, MA Metro 8,775
Montgomery town, MA Metro 907
Palmer Town city, MA Metro 12,236
Russell town, MA Metro 1,524
Southwick town, MA Metro 9,722
Springfield city, MA Metro 153,677
Tolland town, MA Metro 467
Wales town, MA Metro 2,087
Westfield city, MA Metro 41,303
West Springfield Town city, MA Metro 28,527
Wilbraham town, MA Metro 14,656
Amherst Town city, MA Metro 39,995
Belchertown town, MA Metro 15,080
Chesterfield town, MA Metro 1,189
Cummington town, MA Metro 1,003
Easthampton Town city, MA Metro 15,930
Goshen town, MA Metro 880
Granby town, MA Metro 6,310
Hadley town, MA Metro 5,328
Hatfield town, MA Metro 3,271
Huntington town, MA Metro 2,170
Middlefield town, MA Metro 363
Northampton city, MA Metro 28,552
Pelham town, MA Metro 1,348
Plainfield town, MA Metro 688
Southampton town, MA Metro 6,169
South Hadley town, MA Metro 17,715
Ware town, MA Metro 9,821
Westhampton town, MA Metro 1,711
Williamsburg town, MA Metro 2,638
Worthington town, MA Metro 1,200
Zip Codes in Springfield, MA HUD Metro FMR Area

There are 72 unique zip codes in this Fair Market Rent (FMR) area:

01001, 01003, 01004, 01007, 01009, 01010, 01012, 01013, 01014, 01020, 01021, 01022, 01027, 01028, 01030, 01032, 01033, 01034, 01035, 01036, 01038, 01040, 01041, 01050, 01053, 01056, 01057, 01059, 01060, 01061, 01062, 01063, 01066, 01069, 01071, 01073, 01075, 01077, 01079, 01080, 01081, 01082, 01084, 01085, 01088, 01089, 01090, 01095, 01098, 01101, 01103, 01104, 01105, 01106, 01107, 01108, 01109, 01111, 01115, 01116, 01118, 01119, 01128, 01129, 01138, 01139, 01144, 01151, 01152, 01199, 01243 and 01521

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