Home Price Key
Affordable
Average
Expensive
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 $145,159, lower than the Louisiana average of $194,522.
The average cost of rent is $1,203/mo in Springfield, primarily driven by the current value of real estate in the Springfield area. While nearly 45.51% of residents own their homes outright in Springfield, 9.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Springfield is $3,069 per month. Households that rent pay about 39.20% of their income on rent here. Springfield's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Killian, LA: higher priced homes
- Springville, LA: equally priced homes
- Wadesboro, LA: higher priced homes
- Albany, LA: higher priced homes
- Holden, LA: higher priced homes
- Hammond, LA: higher priced homes
- Ponchatoula, LA: higher priced homes
- Verdun, LA: higher priced homes
- Woodhaven, LA: higher priced homes
- Livingston, LA: equally priced homes
Cities with Similar Populations
- Eastaboga, AL: less expensive homes
- Dry Fork, VA: less expensive homes
- Eagle Lake, MN: higher priced homes
- Eagle Lake, TX: less expensive homes
- East Dubuque, IL: higher priced homes
- East Petersburg, PA: higher priced homes
- East Prairie, MO: less expensive homes
- East Tawas, MI: less expensive homes
- East Wareham, MA: higher priced homes
- East Windsor, CT: higher priced homes
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