Affordable
Expensive
Expensive
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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 $313,701, lower than the Jacksonville average of $363,577.
The average cost of rent is $1,025/mo in Springfield, primarily driven by the current value of real estate in the Springfield area. In Springfield, 39.07% of households rent, and 32.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springfield is $5,795 per month. Households that rent pay about 17.69% of their income on rent here. Springfield’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Downtown Jacksonville, Jacksonville, FL: less expensive homes
- Brentwood, Jacksonville, FL: less expensive homes
- Mid-Westside, Jacksonville, FL: less expensive homes
- Moncrief Park, Jacksonville, FL: less expensive homes
- Panama Park, Jacksonville, FL: less expensive homes
- Tallulah-North Shore, Jacksonville, FL: less expensive homes
- Monterey, Jacksonville, FL: less expensive homes
- 45th and Moncrief, Jacksonville, FL: less expensive homes
- Grand Park, Jacksonville, FL: less expensive homes
- Riverside, Jacksonville, FL: higher priced homes
Neighborhoods with Similar Populations
- Epes, Newport News, VA: less expensive homes
- Stratford Center Historic District, Stratford, CT: equally priced homes
- Golf Course Terrace, Sacramento, CA: higher priced homes
- Fourth Ward, Charlotte, NC: higher priced homes
- Fourth Street Historic District, Massillon, OH: less expensive homes
- Fort Howard, Green Bay, WI: less expensive homes
- Foothills, Lakewood, CO: higher priced homes
- Fairlawn, Pawtucket, RI: equally priced homes
- Fair Oaks, North Fair Oaks, CA: higher priced homes
- Euclid-Green, Cleveland, OH: less expensive homes
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