Townhomes for Rent in Springfield, MO

1 of 5 Results
34
$720 - 1,285
Fairfield Village
3038 W Deerfield St Springfield, MO
1 - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Dishwasher
6
$725
Rockford Townhouses
1820 W Walnut Lawn St Springfield, MO
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Dishwasher
Pool
7
$580 - 610
Gazebo Apartments
1235 E. Guinevere St Springfield, MO
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Balcony, Deck, Patio
Storage
1
$610 - 750
Gazebo
3.2
1235 E Guinevere Springfield, MO
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Dishwasher
Pool
$695
3416-3436 S. Golden
Springfield, MO
2 BR | Ask for Availability
Contact
Dishwasher
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How much does it cost to rent a townhomes in Springfield?

townhomes
Bed Type Average Rent Range
1BR $630 $580 - $720
2BR $700 $610 - $930
Springfield Apartments
Bed Type Average Rent Range
Studio $710 $480 - $1,370
1BR $720 $490 - $1,500
2BR $1,020 $500 - $1,950
3BR $1,290 $800 - $2,000
4+BR $1,910 $1,060 - $4,500
Springfield Townhomes For Rent vs. Springfield Average

Springfield:
March Rent Report

Welcome to the March 2023 Springfield Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 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

Springfield Rent Prices Increase From February to March

Springfield rent prices increased over the last month. From February to March, the city experienced a 0.79% increase for the price of a one-bedroom apartment. The rent price for a Springfield one-bedroom apartments currently stands at $768.0.

When we take a look at the two-bedroom comparison from February to March, Springfield experienced a 1.4% increase for the price of a two-bedroom apartment. The rent price for a Springfield two-bedroom apartments currently stands at $1,086.0.

March Prices: Springfield vs. Surrounding Areas

Rent Prices in Springfield and Surrounding Areas

Rent prices have increased 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, 2 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

  • Rent decreased in Pleasant Hope, MO, Republic, MO.

  • 2 suburbs are currently priced lower than the city of Springfield.

March 2023 Pricing Trends: Springfield vs. National Comparisons

Springfield Rent Prices More Affordable Than Major Cities

Rent growth in Springfield over the past year has been on the rise. 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 March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Springfield, MO $762.0 0.93% $1,071.0 2.10%
Pleasant Hope, MO $501.0 0.00% $648.0 1.89%
Republic, MO $603.0 0.00% $587.0 17.40%

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.