Rental prices in Greater Springfield, Central Massachusetts, MA have increased by 6.14% over the past year. The average rent moved from $1,808 to $1,919.
The national average price of rental apartments is $1,741, while the average monthly rent in Greater Springfield, Central Massachusetts, MA is $1,919.
The average monthly rent for an apartment in Greater Springfield, Central Massachusetts, MA is around $1,919.
A share of 20% of apartments in Greater Springfield, Central Massachusetts, MA have the cheapest rents between $1,001-$1,500. Around 16% of rentals are $2,501-$3,000. Around 46% of 's apartments have monthly rents between $1,501-$2,000. There are 17% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Greater Springfield, Central Massachusetts, MA (46%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Greater Springfield, Central Massachusetts, MA is $1,640.
In Greater Springfield 15% of the housing is rented out compared to 85% of homes are owned, according to the most recent Census Bureau estimates. 15% of Greater Springfield's apartments are found in large buildings of 50 units or more, 62% are located in smaller apartment complexes with less than 50 units, and 23% are single-family rentals.
In total, Greater Springfield, Central Massachusetts, MA has 71,949 residents, 36,391 women and 35,558 men, per U.S. Census recent estimates. Statistics show that the median age of ’s population is 44.
There is a total of 27,333 households in Greater Springfield, Central Massachusetts, MA. Of these, 7,900 have children and 19,433 are without children. Per Census Bureau’s most current estimates, 19,766 family households and 7,567 non-family households live in this area. The size of a household in is 2 people, on average. The median household annual income in equals $110,703, and the monthly housing costs equal $1,781.
According to data from the U.S. Census Bureau, 3% of the population in Greater Springfield, Central Massachusetts, MA have no high school education, 27% went to high-school, and 18% have partially completed college. Moreover, 10% of the population hold an Associate Degree, 24% hold a Bachelor Degree, and 19% hold a Graduate Degree.
