Logo Springfield Fair Market Rent FY 2019 Springfield, MA MSA Rental Data

Fair Market Rent Prices in Springfield, MA :
$702 $831 $1,061 $1,329 $1,521
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Springfield are very high compared to the national average. This FMR area is more expensive than 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Springfield is $1,061 per month.

The previous year, rent for a two-bedroom home was $1,117 per month. This is a 5.01% decrease year-over-year.

This FMR rate applies to North Amherst, MA, West Chesterfield, MA, Middlefield, 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 MSA spans forty-three counties or cities in Massachusetts which ares listed in the table below. Estimated population of Springfield, MA MSA FMR area is 621,570 people based on 2010 Census data.

Compared to the rest of Massachusetts, the Springfield FMR area is less expensive than 80% of the state.

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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 $
1-BR 1-Bedroom $
2-BR 2-Bedroom $
3-BR 3-Bedroom $
4-BR 4-Bedroom $
Change Year:

The counties, cities, towns, and regions listed below fall into the Springfield, MA MSA 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 28,438
Amherst town, MA Metro 37,819
Belchertown town, MA Metro 14,649
Blandford town, MA Metro 1,233
Brimfield town, MA Metro 3,609
Chester town, MA Metro 1,337
Chesterfield town, MA Metro 1,222
Chicopee city, MA Metro 55,298
Cummington town, MA Metro 872
East Longmeadow town, MA Metro 15,720
Easthampton Town city, MA Metro 16,053
Goshen town, MA Metro 1,054
Granby town, MA Metro 6,240
Granville town, MA Metro 1,566
Hadley town, MA Metro 5,250
Hampden town, MA Metro 5,139
Hatfield town, MA Metro 3,279
Holland town, MA Metro 2,481
Holyoke city, MA Metro 39,880
Huntington town, MA Metro 2,180
Longmeadow town, MA Metro 15,784
Ludlow town, MA Metro 21,103
Middlefield town, MA Metro 521
Monson town, MA Metro 8,560
Montgomery town, MA Metro 838
Northampton city, MA Metro 28,549
Palmer Town city, MA Metro 12,140
Pelham town, MA Metro 1,321
Plainfield town, MA Metro 648
Russell town, MA Metro 1,775
South Hadley town, MA Metro 17,514
Southampton town, MA Metro 5,792
Southwick town, MA Metro 9,502
Springfield city, MA Metro 153,060
Tolland town, MA Metro 485
Wales town, MA Metro 1,838
Ware town, MA Metro 9,872
West Springfield Town city, MA Metro 28,391
Westfield city, MA Metro 41,094
Westhampton town, MA Metro 1,607
Wilbraham town, MA Metro 14,219
Williamsburg town, MA Metro 2,482
Worthington town, MA Metro 1,156
Zip Codes in Springfield, MA MSA

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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