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RentData.org Logo Springfield Fair Market Rent FY 2019 Springfield, OH MSA Rental Data

Fair Market Rent Prices in Springfield, OH :
$506 $613 $788 $1,001 $1,069
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 50th Percentile Metro Area

Fair Market Rent prices in Springfield are average compared to the national average. This FMR area is more expensive than 61% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Springfield is $788 per month.

The previous year, rent for a two-bedroom home was $731 per month. This is a 7.8% increase year-over-year.

This FMR rate applies to Catawba, OH, Donnelsville, OH, Tremont City, OH, North Hampton, OH, South Solon, OH, Cedarville, OH, South Vienna, OH, Medway, OH, South Charleston, OH, Yellow Springs, OH and other cities within the region. The Metro Code or CBSA code for this region is METRO44220M44220.

Additionally, This Fair Market Rent (FMR) area Springfield, OH MSA spans one county or city in Ohio which is listed in the table below. Estimated population of Springfield, OH MSA FMR area is 138,333 people based on latest Census data.

Compared to the rest of Ohio, the Springfield FMR area is more expensive than 85% 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 $ 529
1-BR 1-Bedroom $ 640
2-BR 2-Bedroom $ 823
3-BR 3-Bedroom $ 1045
4-BR 4-Bedroom $ 1116
Change Year:

There is just one county (listed below) within the Springfield, OH MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Dayton and Columbus, Oh.

County / Region Est. Population
Clark County, OH Metro 138,333
Zip Codes in Springfield, OH MSA

There are 18 unique zip codes in this Fair Market Rent (FMR) area:

43010, 43140, 43153, 45314, 45319, 45323, 45324, 45341, 45349, 45368, 45369, 45372, 45387, 45501, 45503, 45504, 45505 and 45506

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