Cheap Homes for Rent in Springfield, MA from $700 (24 Rentals)

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Search the lowest-cost Homes available for rent right now in Springfield.

property at 41 Russell St

$700 - $750

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$700 - $750

Total Monthly Price
$700 - $750

1 Bedroom, 3 Bath Home for Rent

Available Mar 16

41 Russell St

EnfieldCT06082
property at 22 Clark St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Townhome for Rent

Available Now

22 Clark St

HolyokeMA01040
property at 131 Center St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Townhome for Rent

Available Now

131 Center St

HolyokeMA01040

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.

property at 22 Crane St

$1,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Townhome for Rent

Available Now

22 Crane St

SpringfieldMA01104
property at 72 Kensington Ave

$1,690

Total Monthly Price

Total Monthly Price

Base Rent
$1,690

Total Monthly Price
$1,690

2 Bedroom, 1 Bath Condo for Rent

Available Now

72 Kensington Ave

SpringfieldMA01108
property at 456 Cold Spring Ave

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Condo for Rent

Available Now

456 Cold Spring Ave

West SpringfieldMA01089

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 263 Elm St

$1,734

Total Monthly Price

Total Monthly Price

Base Rent
$1,734

Total Monthly Price
$1,734

2 Bedroom, 1 Bath Condo for Rent

Available Now

263 Elm St

HolyokeMA01040
property at 101 Mooreland St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

3 Bedroom, 1 Bath Home for Rent

Available Now

101 Mooreland St

SpringfieldMA01104
property at 50 Howes St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

3 Bedroom, 1 Bath Condo for Rent

Available Now

50 Howes St

SpringfieldMA01118
property at 98-100 Prospect St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Townhome for Rent

Available Now

98-100 Prospect St

SpringfieldMA01107
property at 71 Park Ave

$1,800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Condo for Rent

Available Now

71 Park Ave

EnfieldCT06082

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Springfield, MA Local Guide

Cheapest Neighborhoods for Apartments in Springfield, MA

Pricing Updated: 03/15/2026

Current apartment rentals in the Springfield, MA area range in price from $1,095 to $4,915 with an overall median price of $2,570. The three Springfield neighborhoods with the lowest median rent pricing are Brightwood at $1,234, Memorial Square at $1,234, and Downtown Springfield at $1,234. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Springfield Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Brightwood$1,850$1,2342
Memorial Square$1,850$1,2342
Downtown Springfield$1,900$1,23434
East Springfield$1,900$1,09541
Boston Road$2,000$1,09553
Pine Point$2,000$1,27540
South End Hampden$2,012$1,40017
Thorndike$2,100$1,3005
Forest Park$2,200$1,25020
Liberty Heights$2,350$1,20010

Cheapest Available Springfield Apartments for Rent

 

The cheapest available apartment rental in Springfield, MA is a Studio unit found at Mall Apartments in the East Springfield neighborhood priced from $1,095. Valley View Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here is today’s list of the most affordable Springfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mall ApartmentsStudioStudio,1BA$1,095
Valley View ApartmentsStudioStudio,1BA$1,095
Springfield CV 1Pine point1BR,1BA$1,275
Maple Ridge ApartmentsStudioStudio,1BA$1,275
Enfield North Apartments1 bed 1 bath1BR,1BA$1,325

Best Value Apartments for Rent in Springfield, MA

As of March 16, 2026 the best value apartment in the Springfield area is the $0.31 price per square foot 1 Bedroom Model at Museum Park Senior 55+ in the in the Ridgewood neighborhood starting from $1,344. The second greatest value Springfield apartment is the 60 Belmont Ave Model at 60 Belmont Ave, Unit Belmont #1 starting at $2,150 with a $1.34 price per square foot in the Forest Park neighborhood. Here is today’s list of the best values for Springfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Museum Park Senior 55+1 Bedroom1BR,1BA$0.31
60 Belmont Ave, Unit Belmont #160 Belmont Ave3BR,1BA$1.34
31 Leyfred Ter, Unit 331 Leyfred Ter3BR,1BA$1.44
66 Rochelle St, Unit 66 Rochelle St.66 Rochelle St2BR,1BA$1.25
1592 Dwight St, Unit 1st Floor1592 Dwight St3BR,1.5BA$1.63
SilverBrick Square2BR/2.0BA2BR,2BA$1.76
Eastbrook ApartmentsTownehouse Styled, 2BR apartment2BR,1BA$1.63
61 Kimberly Ave61 Kimberly Ave2BR,1BA$1.80
Dale HouseBarclay2BR,1BA$1.64
Enfield North Apartments1 bed 1 bath1BR,1BA$1.58

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 Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Springfield, MA Rentals by Map

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Frequently Asked Questions about Springfield

What type of rentals are currently available in Springfield?

There are currently 1024 Apartments for Rent in Springfield, MA with pricing that ranges from $895 to $3,175. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $700 to $4,900.

What is the current price range for Rental Homes in Springfield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Springfield ranges from $700 to $4,900 with an average monthly rent of $2,394.

How much are larger Three and Four Bedroom Rentals in Springfield?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Springfield range from $1,481 to $2,747, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,795.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.