Springfield
Housing in Springfield, MA: Rent, Home Prices & Property Tax
$1,756 left/mo
$1,528/mo (1 bd) in Springfield. Median home $276,300. Property tax 1.57%.
- Rent (1-bedroom)
- $1,528
- /mo
- Buy
- $2,121
- Mortgage, tax, insurance
- Buying costs more
- $593
- /mo
To buy
- 20% down payment$55,260
- Mortgage at 7.24%$1,506
- Property tax (1.57% of value)$361/mo · $4,338/yr
- Insurance and upkeep$253
- Monthly total$2,121
Months to 20% down
$1,756 left each month. About 32 months (2.7 years) to save $55,260.
Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.
Guide: state tax and rent when you compare cities
Moving from Springfield
Take-home by job in Springfield
- Registered nurse
- Software developer
- Elementary school teacher
- High school teacher
- Accountant / auditor
- Truck driver (heavy)
- Electrician
- Civil engineer
- Lawyer
- Police officer
- Financial analyst
- Pharmacist
- Product / project manager
- Physical therapist
- Nurse practitioner
- Physician
- Construction manager
- Data scientist
- Firefighter
- Mechanical engineer
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