Rental market snapshot for Springfield, Tennessee

Springfield, Tennessee Rental Property Market Overview

Springfield, Tennessee is a small city located in Robertson County. According to the US Census, the population of Springfield in 2021 is 19,065. Springfield is a vibrant community with a variety of activities and attractions. The city is home to a variety of shops, restaurants, and parks, as well as a number of historical sites. Springfield is a great place to live and work, with a strong sense of community and a commitment to providing quality services to its residents.

The average rent for an apartment in Springfield is $1,611. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 6.2% over the past year.

Last Updated April 22, 2023

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Average monthly rent graph in Springfield Tennessee | Cost of Living

  • The most expensive ZIP code in Springfield is 37172 with an average price of $1,600
  • The cheapest ZIP code in Springfield is 37172 with an average price of $1,600

Springfield ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent

Live near Springfield, Tennessee's Top Sights and Attractions

J Travis Price Park is a scenic outdoor destination located in the rolling hills of Tennessee. Visitors can enjoy a variety of activities, including hiking, biking, fishing, and picnicking. The park features a large lake, a playground, and a variety of wildlife. There are also several trails that wind through the park, offering stunning views of the surrounding countryside. The park is a great place to relax and enjoy nature, and it is a popular spot for families and friends to gather.

Martin Luther King Jr Park is a beautiful outdoor space located in Springfield, Tennessee. It features a large lake surrounded by lush green grass and trees, perfect for a picnic or a leisurely stroll. There are also several playgrounds, a walking trail, and a gazebo for visitors to enjoy. The park also hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movie screenings.

The Robertson County Chamber of Commerce is a vibrant organization that serves as a hub for business and community development in the area. It offers a variety of services and resources to local businesses, including networking events, business development seminars, and educational programs. The Chamber also works to promote the area's attractions, including historic sites, outdoor recreation, and cultural activities. Visitors to the Chamber can take advantage of the many resources available to help them explore the area and discover all that it has to offer.

Garner St Park is a beautiful park located in Springfield, Tennessee. It features a large lake, walking trails, picnic areas, and a playground. The park also has a variety of wildlife, including ducks, geese, and other birds. There are also several benches and tables scattered throughout the park, perfect for a relaxing picnic or a leisurely stroll. The park is a great place to spend an afternoon with friends and family, and it's a great spot for a peaceful getaway.

The Robertson County History Museum is a unique attraction located in Springfield, Tennessee. It is a museum dedicated to preserving the history of Robertson County and its people. The museum features a variety of exhibits that tell the story of the county's past, from its Native American roots to its Civil War history. Visitors can explore artifacts, photographs, and documents that tell the story of the county's development. The museum also offers educational programs and events for visitors of all ages.

Springfield, Tennessee area median rent change by ZIP code map

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How does Springfield compare to other cities in Tennessee ?

citymedian price
Johnson City$850
Thompsons Station$2,070
Oak Ridge$1,295

Average household income in Springfield area graph - US Census

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The median household income in Springfield in 2021 was $50,655. This represents a 41.3% change from 2011 when the median was $35,846.

0Less than $10,0009.6%
1$10,000 to $14,9996.8%
2$15,000 to $19,9994.0%
3$20,000 to $24,9995.1%
4$25,000 to $29,9996.9%
5$30,000 to $34,9996.3%
6$35,000 to $39,9992.9%
7$40,000 to $44,9995.1%
8$45,000 to $49,9995.7%
9$50,000 to $59,99910.7%
10$60,000 to $74,99910.7%
11$75,000 to $99,99912.9%
12$100,000 to $124,9995.3%
13$125,000 to $149,9993.2%
14$150,000 to $199,9991.7%
15$200,000 or more3.2%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of March , the average rent in Springfield is $1,611.
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