Springfield, MA Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Springfield, MA
The median asking rent in Springfield, MA is $2,500 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $357,072, that rent level prices Springfield, MA at a 8.61% gross rental yield — compared with 6.08% across Massachusetts.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Springfield, MA rent and rental yield comparison
The current Springfield, MA baseline is $2,500 median asking rent and 8.61% gross rental yield. Compare rent, yield, and home values with selected Massachusetts metros, then open a public report or Rental Insights for property-level follow-up.
Boston-Cambridge-Newton, MA-NH
Boston-Cambridge-Newton, MA-NH median asking rent is $3,800, $1,300 (52%) higher than the $2,500 median asking rent in Springfield, MA.
- Median rent
- $3,800
- Gross yield
- 5.74%
- Avg home value
- $830,636
Worcester, MA
Worcester, MA median asking rent is $2,900, $400 (16%) higher than the $2,500 median asking rent in Springfield, MA.
- Median rent
- $2,900
- Gross yield
- 7.25%
- Avg home value
- $517,220
Barnstable Town, MA
Barnstable Town, MA median asking rent is $3,000, $500 (20%) higher than the $2,500 median asking rent in Springfield, MA.
- Median rent
- $3,000
- Gross yield
- 5.60%
- Avg home value
- $664,359
Providence-Warwick, RI-MA
Providence-Warwick, RI-MA median asking rent is $2,700, $200 (8%) higher than the $2,500 median asking rent in Springfield, MA.
- Median rent
- $2,700
- Gross yield
- 6.70%
- Avg home value
- $586,722
Pittsfield, MA
Pittsfield, MA median asking rent is $2,750, $250 (10%) higher than the $2,500 median asking rent in Springfield, MA.
- Median rent
- $2,750
- Gross yield
- 8.97%
- Avg home value
- $390,269
Amherst Town-Northampton, MA
Amherst Town-Northampton, MA median asking rent is $3,000, $500 (20%) higher than the $2,500 median asking rent in Springfield, MA.
- Median rent
- $3,000
- Gross yield
- 7.77%
- Avg home value
- $465,816
Greenfield, MA
Greenfield, MA median asking rent is $2,748, $248 (9.9%) higher than the $2,500 median asking rent in Springfield, MA.
- Median rent
- $2,748
- Gross yield
- 8.09%
- Avg home value
- $428,369
Springfield, MA rent and yield FAQ
Quick answers based on the latest Springfield, MA rental listing and transaction data.
What is the average rent in Springfield, MA?
As of July 2026, the median asking rent in Springfield, MA is $2,500. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Springfield, MA?
Springfield, MA currently prices at a 8.61% gross rental yield, versus 6.08% across Massachusetts. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Springfield, MA market context to property-level screening
Open Rental Insights with Springfield, MA selected, then pair the yield signal with investor activity and rental data workflows.