Springfield, VT

City

Rent in Springfield

Median Gross Rent

$818

Rent-to-Income Ratio

29.8%

Renter Share

51.0%

Median Renter Income

$23,659

Avg Household Size

1.8

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

No Bedroom: $774
1 Bedroom: $602
2 Bedrooms: $1,049
3 Bedrooms: $1,138

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 65.2%
$1,000-$1,500: 24.5%
$1,500-$2,000: 7.6%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 2.7%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 21.4%
20-30% (moderate): 27.3%
30-50% (cost-burdened): 20.6%
50%+ (severely cost-burdened): 26.4%
Not Computed: 4.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $79,917
Renter Households: $23,659

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 75.4%
$1,000-$1,500: 17.2%
$1,500-$2,000: 4.7%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 2.7%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Springfield

Neighborhood

Windsor, VT

North Springfield / Hardscrabble Corner

Kendricks Corner / Ascutney

Trapshire / South Charlestown

Brockways Mills / Bartonsville

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources