Metro FMR · CBSA 44140 · HUD FY2026

Springfield, MA MSA Fair Market Rent

HUD's FY2026 Fair Market Rent for the Springfield, MA MSA metro area - 44% above the US average.

$1,382
1-bedroom FMR
$1,734
2-bedroom FMR
+16.0%
YoY change
+44%
vs US avg

The verdict

A 2-bedroom in the Springfield, MA MSA area rents at $1,734 under HUD's FY2026 Fair Market Rent - 48% above the US average, higher than 81% of the 387 metro areas HUD tracks.

#74
priciest of 387 US metros (2BR)
+48%
vs the US 2-bedroom average
$69,360
income to afford it (30% rule)
+16.0%
1BR change, FY2025→2026

Springfield is the 3rd cheapest of 7 HUD-tracked metro areas in MA by 1-bedroom FMR, a state where metro rents vary widely - the priciest metro runs 101% above the cheapest.

FY 2026 HUD Fair Market Rents for the Springfield, MA MSA metro area. Population: 28,510. Verify with HUD →

What these rents mean for the Springfield, MA MSA metro

HUD's FY 2026 Fair Market Rent schedule sets the Springfield, MA MSA Metro Area (CBSA 44140) 1-bedroom at $1,382, with a studio at $1,219, 2-bedroom at $1,734, 3-bedroom at $2,127, and 4-bedroom at $2,296. These are the 40th percentile of gross rents, utilities included, excluding telephone, meaning roughly 60% of standard-quality rentals in the metro cost more. Because HUD treats a metropolitan statistical area as a single rent market, every county inside the Springfield, MA MSA CBSA shares these FMR figures, and local housing authorities use them to set Section 8 Housing Choice Voucher payment standards (typically between 90% and 110% of FMR).

Against the national benchmark, a 1-bedroom in Springfield, MA MSA is 44% above the US 1-bedroom FMR of $959. Year-over-year the 1-bedroom FMR shifted from $1,191 in FY 2025 to $1,382 in FY 2026 - a change of +16.0%, which outpaces typical consumer inflation and signals continued demand pressure. Metro-level FMRs often diverge from the rents listed for any single suburb, so renters should view this as the HUD ceiling, not a street-level market rate.

For affordability, the 30% rule says rent should not exceed 30% of gross household income. At the FY 2026 1-bedroom FMR of $1,382, that implies a household income of $55,280 per year (about $4,607/month) - a 2-bedroom at $1,734 raises that income floor further. With a metro population of 28,510 and a median household income of $70,535, the gap between FMR and local wages determines how many households qualify as rent-burdened (paying more than 30% of income) or severely burdened (above 50%). Metro FMR also anchors the Small Area FMR program, which sets ZIP-level payment standards in designated metros to expand voucher choice into higher-opportunity neighborhoods.

Where Springfield sits among every US metro

2-bedroom Fair Market Rent vs. all 387 HUD metro areas

$1,734 Top 19% higher than 81% of 387 metro areas

$800–$1,000: 28 metro areas (7%). Below this entry. $1,000–$1,200: 114 metro areas (29%). Below this entry. $1,200–$1,400: 95 metro areas (25%). Below this entry. $1,400–$1,600: 52 metro areas (13%). Below this entry. $1,600–$1,800: 41 metro areas (11%). This entry sits in this band. $1,800–$2,000: 26 metro areas (7%). Above this entry. $2,000–$2,200: 9 metro areas (2%). Above this entry. $2,200–$2,400: 5 metro areas (1%). Above this entry. $2,400–$2,600: 5 metro areas (1%). Above this entry. $2,600–$2,800: 5 metro areas (1%). Above this entry. $2,800–$3,000: 4 metro areas (1%). Above this entry. $3,000–$3,200: 2 metro areas (1%). Above this entry. $3,200–$3,400: 0 metro areas (0%). Above this entry. $3,400–$3,600: 0 metro areas (0%). Above this entry. $3,600–$3,800: 0 metro areas (0%). Above this entry. $3,800–$4,000: 0 metro areas (0%). Above this entry. $4,000–$4,200: 0 metro areas (0%). Above this entry. $4,200–$4,400: 1 metro areas (0%). Above this entry. This metro $800 $4,400 every US metro, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more metro areas. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

Fair Market Rents by bedroom (2026)

HUD's FY2026 ceiling for each unit size, with the year-over-year change and how it compares to the US average.

Studio
$1,219
US avg $893
↑13.8% YoY +37% vs US
1 Bedroom
$1,382
US avg $959
↑16.0% YoY +44% vs US
2 Bedroom
$1,734
US avg $1,175
↑11.0% YoY +48% vs US
3 Bedroom
$2,127
US avg $1,525
↑13.0% YoY +39% vs US
4 Bedroom
$2,296
US avg $1,756
↑9.3% YoY +31% vs US

Year over year, the 1-bedroom moved from $1,191 in FY2025 to $1,382 in FY2026 - a change of +16.0%, outpacing typical consumer inflation.

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$55,280
$4,607/month gross
Required annual income for 2 BR
$69,360
$5,780/month gross

The local median household income is $70,535 - comfortably above the $69,360 needed to afford a 2-bedroom at FMR, leaving the median household with room under the 30% line.

How Springfield compares on 1-bedroom rent

1-bedroom FMR vs other MA metro areas

1BR FMR / mo

What this shows Springfield is highlighted. Bars are FY2026 HUD 1-bedroom Fair Market Rents.

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Nearby & Similar Metro Areas

How Springfield stacks up against other metro areas in the same state, by 1-bedroom Fair Market Rent.

Boston-Cambridge-Quincy $2,476 Barnstable Town $1,846 Amherst Town-Northampton $1,580 Fitchburg-Leominster $1,410 Springfield(this metro) $1,382 New Bedford $1,230
Compare Springfield, MA MSA vs Amherst Town-Northampton, MA MSA →

Frequently Asked Questions

What is the average rent in the Springfield, MA MSA metro area? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Springfield, MA MSA is $1,382 per month. A 2-bedroom is $1,734 and a studio is $1,219.
How does Springfield, MA MSA rent compare to the national average? ▼
Rent in the Springfield, MA MSA metro area is 44% above the national average. A 1-bedroom costs $1,382 compared to $959 nationally.
What income do I need to afford rent in Springfield, MA MSA? ▼
Based on the 30% affordability rule, you need an annual income of at least $55,280 ($4,607/month) to afford a 1-bedroom at Fair Market Rent in the Springfield, MA MSA area.
Is rent going up or down in Springfield, MA MSA? ▼
The 1-bedroom Fair Market Rent in Springfield, MA MSA increased by 16.0% from FY 2025 to FY 2026, going from $1,191 to $1,382.
How does Fair Market Rent affect Section 8 vouchers in Springfield, MA MSA? ▼
HUD uses Fair Market Rents to set maximum payment standards for Housing Choice Vouchers (Section 8) in the Springfield, MA MSA area. The FY 2026 FMR of $1,382/mo for a 1-bedroom sets the baseline, local housing authorities can set their payment standard between 90% and 110% of FMR.
What does Fair Market Rent mean for the Springfield, MA MSA area? ▼
Fair Market Rent (FMR) is the 40th percentile rent estimate set by HUD for the Springfield, MA MSA metro area. It includes rent plus the cost of utilities (except telephone). FMR is used to determine housing assistance payment amounts, set rent ceilings for certain HUD programs, and evaluate housing affordability.

Rental Guides

How Fair Market Rent Works
What FMR means, how HUD calculates it, and why it matters for renters
Section 8 Housing Guide
How Housing Choice Vouchers work, eligibility, and applying
Understanding Rent Burden
The 30% rule, what cost-burdened means, and how to evaluate affordability
Rent vs. Buy Decision
When renting makes more financial sense than buying a home

Explore Springfield, MA MSA rent data

Most expensive metros
National FMR rankings for all metro areas
Rent growth
Which metros are rising fastest year over year
Affordability calculator
The income you need to afford Springfield, MA MSA rent
Compare metros
Side-by-side FMR comparison with a nearby metro

What this means for renters

Treat the Springfield area's FY2026 Fair Market Rent as HUD's affordability benchmark, not a street-level market rate.

  • Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $1,382 implies about $55,280/yr to rent without being cost-burdened. Run your numbers
  • Compare this metro against others before you commit to an area. Compare metros
  • See where it ranks among the metros HUD tracks. View rankings

Metro FMRs are HUD's 40th-percentile benchmark used to set voucher payment standards and often diverge from the rents listed in any single suburb. HUD updates FMRs once a year.

Data as of FY 2026. Source: U.S. Department of Housing and Urban Development (HUD) Fair Market Rents. Population and demographic data from U.S. Census Bureau American Community Survey (ACS).

Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area. HUD publishes updated FMRs annually.

Read our methodology - how this data is sourced, computed, and verified.

FY 2026 HUD FMR $1,382/mo · 1BR MA

Coverage

50 states + DC

Every CBSA published by HUD

Update cadence

Annual (FY)

Refreshed within 30 days of HUD release

Source

HUD User

huduser.gov/portal/datasets/fmr.html

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.