Springfield, MA MSA
FY 2026 HUD Fair Market Rents for the Springfield, MA MSA metro area. Population: 28,510.
Fair Market Rents (2026)
Studio
National avg: $893
$1,219/mo
↑ 13.8% YoY
+37% vs US
1 Bedroom
National avg: $959
$1,382/mo
↑ 16.0% YoY
+44% vs US
2 Bedroom
National avg: $1,175
$1,734/mo
↑ 11.0% YoY
+48% vs US
3 Bedroom
National avg: $1,525
$2,127/mo
↑ 13.0% YoY
+39% vs US
4 Bedroom
National avg: $1,756
$2,296/mo
↑ 9.3% YoY
+31% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,071 | $1,219 | +$148 (+13.8%) |
| 1 Bedroom | $1,191 | $1,382 | +$191 (+16.0%) |
| 2 Bedroom | $1,562 | $1,734 | +$172 (+11.0%) |
| 3 Bedroom | $1,882 | $2,127 | +$245 (+13.0%) |
| 4 Bedroom | $2,100 | $2,296 | +$196 (+9.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$55,280
$4,607/month gross
Required annual income for 2 BR
$69,360
$5,780/month gross
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.