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Affordable
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These days, finding an affordable place to live in the Springfield area can be challenging. Home prices in Springfield are now at a median cost of $298,965, lower than the Idaho average of $450,170.
The average cost of rent is $774/mo in Springfield, primarily driven by the current value of real estate in the Springfield area. In Springfield, 21.98% of households rent, and 52.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springfield is $5,974 per month. Households that rent pay about 12.96% of their income on rent here. Springfield’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pingree, ID: equally priced homes
- Sterling, ID: equally priced homes
- Gibson, ID: less expensive homes
- Rockford, ID: higher priced homes
- Thomas, ID: higher priced homes
- Fort Hall, ID: less expensive homes
- Arbon Valley, ID: less expensive homes
- Chubbuck, ID: equally priced homes
- Aberdeen, ID: less expensive homes
- Groveland, ID: equally priced homes
Cities with Similar Populations
- Lower Dennysville, ME: less expensive homes
- Springfield Center, NY: less expensive homes
- Spring Hill, IL: less expensive homes
- Martin, SC: less expensive homes
- Marshall, OK: less expensive homes
- Mallard, IA: less expensive homes
- Mainsville, OH: less expensive homes
- Macksburg, IA: less expensive homes
- Machen, GA: less expensive homes
- Lyons, SD: higher priced homes
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