Rent in Springfield, OR at a glance
2-bedroom rent (HUD)
$1,688$20,256 a year · HUD fiscal year 2026From October 1, 2026: $1,546 (−8.4%)How much rent can you afford in Springfield, OR?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Springfield, OR by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,223 | $14,676 | $48,920 | $23.52/hr |
| 1 bedroom | $1,286 | $15,432 | $51,440 | $24.73/hr |
| 2 bedroomsMost searched | $1,688 | $20,256 | $67,520 | $32.46/hr |
| 3 bedrooms | $2,348 | $28,176 | $93,920 | $45.15/hr |
| 4 bedrooms | $2,832 | $33,984 | $113,280 | $54.46/hr |
Cost of living in Springfield, OR: income, prices and a budget →
Living and working in Springfield, OR
Rent in Springfield, OR: common questions
How much is rent going down in Springfield, OR in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,546 for a two-bedroom, down 8.4% from $1,688. A one-bedroom goes from $1,286 to $1,182, a studio from $1,223 to $1,157.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Springfield, OR?
HUD's Fair Market Rent for 2026 is $1,286 for a one-bedroom and $1,688 for a two-bedroom, utilities included. That is $20,256 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Springfield, OR?
To keep a $1,688 two-bedroom at 30% of gross pay, one full-time worker needs $32.46 an hour, or $67,520 a year. A one-bedroom at $1,286 takes $24.73 an hour.
How much is a 1, 2 or 3-bedroom apartment in Springfield, OR?
At HUD's 2026 Fair Market Rent: studio $1,223, one bedroom $1,286, two $1,688, three $2,348 and four $2,832 a month.
Is rent affordable in Springfield, OR?
For the typical household, earning $68,761 a year ($5,730 a month, Census ACS), a two-bedroom at $1,688 takes 29.5% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,688 × 12) ÷ 0.30 = $67,520. Divided by 2,080 working hours, that is $32.46 an hour.