
Cheap Homes for Rent in Bay Neighborhood of Springfield, MA from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Bay area of Springfield.


47 Dartmouth St

47 Dartmouth St

140 Chestnut St, Unit 610

181 Chestnut St, Unit Storefront
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.

77 Chester St

45 Willow St, Unit 45-209

45 Willow St, Unit 218

45 Willow St, Unit 424

45 Willow St, Unit 305
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 a home in Bay?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Bay 2 Bedroom Homes for Rent | $1,670 | $1,670 | $1,670 |
| Bay 3 Bedroom Homes for Rent | $2,762 | $2,250 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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
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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 $1,205. 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 | $1,205 |
| Worthy III LLC | 1 Bed, 1 bath | 1BR,1BA | $1,250 |
| SilverBrick Square | 1BR/1.0BA | 1BR,1BA | $1,405 |
Best Value Apartments for Rent in Bay, MA
As of May 07, 2026 the best value apartment in the Bay area is the $0.26 price per square foot 1 Bedroom Model at Museum Park Senior 55+ in the in the Ridgewood neighborhood starting from $1,120. The second greatest value Bay apartment is the 66 Rochelle St Model at 66 Rochelle St, Unit 66 Rochelle St. starting at $1,500 with a $1.25 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. |
|---|---|---|---|
| Museum Park Senior 55+ | 1 Bedroom | 1BR,1BA | $0.26 |
| 66 Rochelle St, Unit 66 Rochelle St. | 66 Rochelle St | 2BR,1BA | $1.25 |
| 240 College St | 240 College St | 3BR,1BA | $1.67 |
| 21 Colchester St, Unit Colchester St | 21 Colchester St | 3BR,1BA | $2.50 |
| SilverBrick Square | 1BR/1.0BA | 1BR,1BA | $1.48 |
| SilverBrick Lofts | 1BR/1.0BA | 1BR,1BA | $1.82 |
| Springfield CV 1 | Brookside Gardens | 2BR,1BA | $2.46 |
| Stockbridge Court | A1A-R | 1BR,1BA | $3.19 |
| 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 #12
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 $1,250 to $2,800. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bay ranging from $800 to $3,000.
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 $3,000 with an average monthly rent of $1,752.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.