Springfield Fair Market Rent FY 2017 Springfield, MA MSA Rental Data

Fair Market Rent prices in Springfield are very high compared to the national average. This FMR area is more expensive than 93% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Springfield is $1,057 per month.

This FMR rate applies to Thorndike, MA, Bondsville, MA, Russell, MA, Wales, MA, Granville, MA, Three Rivers, MA, Holland, MA, Huntington, MA, Brimfield, MA, Hampden, 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 MSA spans one county or city in Massachusetts which is listed in the table below. Estimated population of Springfield, MA MSA FMR area is 14,219 people based on latest Census data.

Compared to the rest of Massachusetts, the Springfield FMR area is less expensive than 56% of the state.

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.

50^th Percentile Rental Prices: