
Cheap Apartments for Rent in the Bay Neighborhood of Springfield, MA from $610 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bay area of Springfield.


142 Cherry St, Unit 142

Total Monthly Price
58 Edwards St, Unit 102

Worthy III LLC

SilverBrick Square

50 Stevens St, Unit 3L

27 Loring St

New Colony Court

Skyview Downtown

Total Monthly Price
112 Dunmoreland St, Unit 112 Dunmoreland Street
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

213 Worthington St

20-22-22 Denton Cir

SilverBrick Lofts

715-719 Berkshire Ave

85 Alden St

76 Maple St

23 Federal St

Springfield CV 1

54 Clantoy St

685 State St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

60-62-62 Hastings St

Total Monthly Price
15 Davenport St, Unit Duplex

179 Westminster St

38 Greenacre Square

19-21-21 Windemere St

35 Willow St

335 Oakland St

47 Algonquin Pl

45 Willow St, Unit 45-209

45 Willow St, Unit 218
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

45 Willow St, Unit 35-209

Total Monthly Price
47 Algonquin Plz, Unit 47

45 Willow St, Unit 424

45 Willow St, Unit 305

7 Ledyard St

Total Monthly Price
ThirtyOne Elm

371 Oakland St

27 Wilcox St, Unit 1L

30 Merrick Ave, Unit 2

127 Spring St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

84-88 Byers St

659-663 State St

304-306 Union St

915-919 Worthington St

Armoury Commons

Bergen Circle Apartments

The Maples Apartments

Worthy Building

Museum Park Senior 55+

Northern Heights
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Bay, Springfield, MA Local Guide

How much does it cost to rent an apartment in Bay?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Bay Studio Apartments | $1,316 | $1,316 | $1,316 |
| Bay 1 Bedroom Apartments | $1,639 | $900 | $2,160 |
| Bay 2 Bedroom Apartments | $1,798 | $1,350 | $2,650 |
| Bay 3 Bedroom Apartments | $1,975 | $1,700 | $2,350 |
Browse Apartments in this Neighborhood
There are currently 56 rentals with your search options within a 2 mile radius of the Bay Neighborhood of Springfield, MA.
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Bay, Springfield, MA Local Guide
- Nearby Springfield neighborhoods
- Nearby Cities
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- School Districts
Cheapest Available Bay Apartments for Rent
 The cheapest available apartment rental in the Bay area of Springfield, MA is a 1 Bed unit found at Museum Park Senior 55+ priced from $1,120. Worthy III LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Bay apartments for rent in Springfield, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Museum Park Senior 55+ | 1 Bedroom | 1BR,1BA | $1,120 |
| Worthy III LLC | 1 Bed, 1 bath | 1BR,1BA | $1,250 |
| Skyview Downtown | 1 Bed/1 Bath | 1BR,1BA | $1,400 |
| Springfield CV 1 | Brookside Gardens | 2BR,1BA | $1,675 |
| Stockbridge Court | A1Ak - Renovated | 1BR,1BA | $1,750 |
| 529 Union | 3BR/1.0BA | 3BR,1BA | $1,750 |
| SilverBrick Lofts | 2BR/1.0BA | 2BR,1BA | $1,799 |
Best Value Apartments for Rent in Bay, MA
As of August 29, 2026 the best value apartment in the Bay area is the $1.46 price per square foot 3BR/1.0BA Model at 529 Union in the in the Ridgewood neighborhood starting from $1,750. The second greatest value Bay apartment is the 47 Algonquin Plz Model at 47 Algonquin Plz, Unit 47 starting at $1,900 with a $1.78 price per square foot in the Liberty Heights neighborhood. Here is today’s list of the best values for Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 529 Union | 3BR/1.0BA | 3BR,1BA | $1.46 |
| 47 Algonquin Plz, Unit 47 | 47 Algonquin Plz | 3BR,1BA | $1.78 |
| 15 Davenport St, Unit Duplex | 15 Davenport St | 2BR,1BA | $1.80 |
| ThirtyOne Elm | B2 | 2BR,2BA | $2.69 |
| SilverBrick Lofts | 2BR/1.0BA | 2BR,1BA | $2.18 |
| 58 Edwards St, Unit 102 | 58 Edwards St | 1BR,1BA | $1.32 |
| Museum Park Senior 55+ | 1 Bedroom | 1BR,1BA | $1.68 |
| Springfield CV 1 | Brookside Gardens | 2BR,1.5BA | $2.54 |
| Stockbridge Court | A1A-R | 1BR,1BA | $3.19 |
| Skyview Downtown | 1 Bed/1 Bath | 1BR,1BA | $2.78 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleBay, Springfield, MA
Ranked #10
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States, including Springfield. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Bay Apartments
How much is rent for a Cheap One Bedroom Bay Apartment?
The lowest price for a Cheap One Bedroom Bay Apartment is $1,120 at Museum Park Senior 55+.
What is the lowest price for a Cheap Two Bedroom Bay Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bay is starting from $1,675 at Springfield CV 1.
What is the most affordable Bay Three Bedroom Apartment?
The best deal on a cheap Bay Three Bedroom Apartment rental is at 529 Union and starts from $1,750.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.