
Cheap Homes for Rent in Bay Neighborhood of Springfield, MA from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Bay area of Springfield.


0 Dartmouth St

47 Dartmouth St

342 Wilbraham Rd

14 Adams St, Unit 2

101 Mulberry St, Unit 101 Mulberry 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.

87 Quincy St

892 St James Ave, Unit 3rd Fl

140 Chestnut St

14 Adams St, Unit 2

45 Willow St, Unit 45-209

45 Willow St, Unit 218
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.

45 Willow St, Unit 424
Bay, Springfield, MA Local Guide

How much does it cost to rent a home in Bay?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Bay 2 Bedroom Homes for Rent | $1,866 | $1,650 | $2,300 |
| Bay 3 Bedroom Homes for Rent | $2,507 | $1,950 | $3,500 |
| Bay 4 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
| Bay 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Bay Neighborhood of Springfield, MA.
Explore Springfield
Bay, Springfield, MA Local Guide
- Nearby Springfield neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- 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 Worthy III LLC priced from $1,250. Museum Park Senior 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,344. Here are the most affordable Bay apartments for rent in Springfield, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Worthy III LLC | 1 Bed, 1 bath | 1BR,1BA | $1,250 |
| Museum Park Senior 55+ | 1 Bedroom | 1BR,1BA | $1,344 |
| SilverBrick Lofts | 1BR/1.0BA | 1BR,1BA | $1,345 |
| Skyview Downtown | 1 Bed/1 Bath | 1BR,1BA | $1,600 |
| Stockbridge Court | A1Ak - Renovated | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Bay, MA
As of June 21, 2026 the best value apartment in the Bay area is the $1.97 price per square foot 47 Algonquin Plz Model at 47 Algonquin Plz, Unit 47 in the in the Liberty Heights neighborhood starting from $2,100. The second greatest value Bay apartment is the 49 Riverton Rd Model at 49 Riverton Rd, Unit 49 starting at $1,750 with a $1.81 price per square foot in the Bay 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. |
|---|---|---|---|
| 47 Algonquin Plz, Unit 47 | 47 Algonquin Plz | 3BR,1BA | $1.97 |
| 49 Riverton Rd, Unit 49 | 49 Riverton Rd | 2BR,1.5BA | $1.81 |
| SilverBrick Lofts | 2BR/1.0BA | 2BR,1BA | $1.90 |
| Stockbridge Court | A1A-R | 1BR,1BA | $3.19 |
| Museum Park Senior 55+ | 1 Bedroom | 1BR,1BA | $2.35 |
| Skyview Downtown | 1 Bed/1 Bath | 1BR,1BA | $3.18 |
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 #6
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Bay
What type of rentals are currently available in Bay?
There are currently 248 Apartments for Rent in Bay, MA with pricing that ranges from $995 to $3,000. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bay ranging from $800 to $3,990.
What is the current price range for Rental Homes in Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Bay ranges from $800 to $3,990 with an average monthly rent of $2,611.
How much are larger Three and Four Bedroom Rentals in Bay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Bay range from $1,700 to $2,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $2,300.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.