Apartments in 01108

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Springfield, MA
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How much does it cost to rent an apartment in 01108?

01108 apartments
Bed Type Average Rent Range
1BR $1,240 $1,100 - $1,390
2BR $1,600 $1,300 - $1,750
3BR $1,750 $1,370 - $2,050
4+BR $2,150 $2,000 - $2,400
Find an Apartment in 01108
Looking for apartments for rent in the 01108 zip code in Springfield, MA? You're in luck! Currently, there are 45 units available for rent in this area on Rentable. The average rent in 01108 is $1,550, and you can find 1-bedroom units starting at $1,000.

Among the top neighborhoods in the 01108 zip code is Forest Park Heights. This charming neighborhood offers a great community atmosphere with nearby parks and amenities. Forest Park, located within walking distance, is a popular attraction in the area, providing a beautiful green space for picnics, leisurely walks, or recreational activities.

If you're looking for apartments near 01108 in Springfield, MA, be sure to check out Rentable's listings. With a variety of options available, you're bound to find the perfect rental that suits your needs and preferences.

Springfield:
February Rent Report

Welcome to the February 2026 Springfield Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 key findings and figures for the Springfield rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Springfield and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Springfield average rent prices in the chart below.

Monthly Rent Report

$1,700
$1,280
$850
$430
$0
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
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Jan. 2026
Feb. 2026
1 BR       2 BR

Springfield Rent Prices Decrease From January to February

Springfield rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Springfield one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Springfield experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Springfield two-bedroom apartments currently stands at $.

February Prices: Springfield vs. Surrounding Areas

Rent Prices in Springfield and Surrounding Areas

Rent prices have decreased in Springfield over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Springfield suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Springfield suburbs

  • Rents did not decrease in any of the Springfield suburbs.

February 2026 Pricing Trends: Springfield vs. National Comparisons

Springfield Rent Prices More Affordable Than Major Cities

Rent growth in Springfield over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Springfield average rent prices appear to be relatively affordable for local residents.

The price for a Springfield one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Springfield and surrounding area rent prices, take a look at the complete data set below.

Data set for Springfield and suburbs

1 BR February 1 BR M/M % Change 2 BR February 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.