101 Mulberry St
SpringfieldMA01105
Cheap Homes for Rent in the Downtown Springfield Neighborhood of Springfield, MA from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Springfield area of Springfield.
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$1,550Studio Apartments Available Now
181 Chestnut St, Unit Storefront
181 Chestnut StSpringfield, MA 01103
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.
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$1,6902 Bedroom Apartments Available Now
14 Adams St, Unit 2
14 Adams StSpringfield, MA 01105
11-13-13 Newman St
SpringfieldMA01105
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.
64 New Bridge St, Unit #2
64 New Bridge St
West SpringfieldMA01089
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Downtown Springfield, Springfield, MA Local Guide
How much does it cost to rent a home in Downtown Springfield?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Springfield 3 Bedroom Homes for Rent | $1,798 | $1,745 | $1,850 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Springfield Neighborhood of Springfield, MA.
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Downtown Springfield, Springfield, MA Local Guide
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Cheapest Available Downtown Springfield Apartments for Rent
The cheapest available apartment rental in the Downtown Springfield 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 Downtown Springfield 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 |
| SilverBrick Lofts | 1BR/1.0BA | 1BR,1BA | $1,355 |
Best Value Apartments for Rent in Downtown Springfield, MA
As of August 04, 2026 the best value apartment in the Downtown Springfield area is the $1.65 price per square foot 72 Palmer Ave Model at 72 Palmer Ave, Unit Palmer 1 in the in the Forest Park neighborhood starting from $2,065. The second greatest value Downtown Springfield 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 Downtown Springfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 72 Palmer Ave, Unit Palmer 1 | 72 Palmer Ave | 3BR,1BA | $1.65 |
| 47 Algonquin Plz, Unit 47 | 47 Algonquin Plz | 3BR,1BA | $1.78 |
| ThirtyOne Elm | B2 | 2BR,2BA | $2.69 |
| SilverBrick Lofts | 2BR/1.0BA | 2BR,1BA | $2.05 |
| Museum Park Senior 55+ | 1 Bedroom | 1BR,1BA | $1.68 |
| Stockbridge Court | A1A-R | 1BR,1BA | $3.19 |
| Skyview Downtown | 1 Bed/1 Bath | 1BR,1BA | $2.88 |
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.
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Real 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.
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Best Local Schools in Downtown Springfield, Springfield, MA
School data provided by Great Schools
Frequently Asked Questions about Downtown Springfield
What type of rentals are currently available in Downtown Springfield?
There are currently 235 Apartments for Rent in Downtown Springfield, MA with pricing that ranges from $925 to $2,655. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Springfield ranging from $1,400 to $1,850.
What is the current price range for Rental Homes in Downtown Springfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Springfield ranges from $1,400 to $1,850 with an average monthly rent of $1,665.
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.
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.
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.