Rental numbers for the Springfield, MA metro
The typical home here runs -$1,299 a month at 7.78% with 25% down. 2 of 15 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.6%.
- Gross yield
- 6.3%
- typical home, Zillow
- Median ZIP yield
- 6.6%
- 15 ZIPs with full data
- Cash flow
- -$1,299/mo
- at 7.78%, 25% down
- Typical price
- $377,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,964/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
82 with published figures
| 01103Springfield | $137,000 | $1,539 | 13.5% | 7.4% | +$105 | +3.9% |
| 01022Chicopee | $239,000 | $2,460* | 12.4% | 7.3% | +$158 | n/a |
| 01346Heath | $174,000 | $1,680* | 11.6% | 6.3% | -$24 | n/a |
| 01035Hadley | $530,000 | $4,995 | 11.3% | 7.4% | +$402 | n/a |
| 01109Springfield | $283,000 | $2,166 | 9.2% | 4.8% | -$399 | n/a |
| 01375Sunderland | $489,000 | $3,420 | 8.4% | 4.6% | -$765 | n/a |
| 01151Springfield | $294,000 | $1,870* | 7.6% | 3.3% | -$773 | n/a |
| 01108Springfield | $307,000 | $1,942 | 7.6% | 3.3% | -$807 | +3.7% |
| 01104Springfield | $293,000 | $1,820* | 7.5% | 3.1% | -$822 | n/a |
| 01034Granville | $428,000 | $2,600* | 7.3% | 3.7% | -$999 | n/a |
| 01053Northampton | $467,000 | $2,830* | 7.3% | 3.2% | -$1,263 | n/a |
| 01118Springfield | $325,000 | $1,940* | 7.2% | 3.0% | -$941 | n/a |
| 01119Springfield | $316,000 | $1,860* | 7.1% | 2.9% | -$946 | n/a |
| 01129Springfield | $325,000 | $1,910* | 7.0% | 2.7% | -$1,014 | n/a |
| 01072Shutesbury | $435,000 | $2,550* | 7.0% | 2.7% | -$1,360 | n/a |
| 01379Wendell | $321,000 | $1,880* | 7.0% | 2.8% | -$975 | n/a |
| 01105Springfield | $267,000 | $1,500 | 6.8% | 2.6% | -$860 | n/a |
| 01107Springfield | $319,000 | $1,790* | 6.7% | 2.4% | -$1,084 | n/a |
| 01032Goshen | $394,000 | $2,200* | 6.7% | 2.8% | -$1,200 | n/a |
| 01040Holyoke | $335,000 | $1,863 | 6.7% | 2.6% | -$1,080 | +6.8% |
| 01128Springfield | $341,000 | $1,890* | 6.7% | 2.5% | -$1,140 | n/a |
| 01349Wendell | $337,000 | $1,850* | 6.6% | 2.8% | -$1,030 | n/a |
| 01341Conway | $472,000 | $2,580* | 6.6% | 2.7% | -$1,466 | n/a |
| 01001Agawam | $353,000 | $1,923 | 6.6% | 2.6% | -$1,129 | n/a |
| 01081Wales | $359,000 | $1,960* | 6.6% | 2.5% | -$1,201 | n/a |
| 01039Whately | $464,000 | $2,520* | 6.5% | 2.9% | -$1,363 | n/a |
| 01080Palmer | $316,000 | $1,710* | 6.5% | 2.4% | -$1,075 | n/a |
| 01301Greenfield | $340,000 | $1,820* | 6.4% | 2.1% | -$1,247 | n/a |
| 01243Middlefield | $345,000 | $1,840* | 6.4% | 2.3% | -$1,187 | n/a |
| 01342Deerfield | $462,000 | $2,460* | 6.4% | 3.0% | -$1,338 | n/a |
| 01050Huntington | $364,000 | $1,930* | 6.4% | 2.2% | -$1,289 | n/a |
| 01354Gill | $374,000 | $1,980* | 6.4% | 2.6% | -$1,203 | n/a |
| 01351Montague | $402,000 | $2,120* | 6.3% | 2.3% | -$1,408 | n/a |
| 01376Turners Falls | $332,000 | $1,750* | 6.3% | 2.3% | -$1,153 | n/a |
| 01096Williamsburg | $436,000 | $2,280* | 6.3% | 2.3% | -$1,506 | n/a |
| 01340Colrain | $328,000 | $1,690* | 6.2% | 2.1% | -$1,197 | n/a |
| 01360Northfield | $376,000 | $1,930* | 6.2% | 2.5% | -$1,252 | n/a |
| 01033Granby | $406,000 | $2,040* | 6.0% | 2.1% | -$1,495 | n/a |
| 01020Chicopee | $332,000 | $1,662 | 6.0% | 2.1% | -$1,213 | n/a |
| 01085Westfield | $390,000 | $1,939 | 6.0% | 2.1% | -$1,421 | +2.5% |
| 01013Chicopee | $320,000 | $1,561 | 5.9% | 1.9% | -$1,217 | n/a |
| 01075South Hadley | $387,000 | $1,880* | 5.8% | 1.9% | -$1,477 | n/a |
| 01011Chester | $312,000 | $1,510* | 5.8% | 1.7% | -$1,245 | n/a |
| 01339Hawley | $345,000 | $1,670* | 5.8% | 2.0% | -$1,277 | n/a |
| 01106Longmeadow | $541,000 | $2,600* | 5.8% | 1.5% | -$2,225 | n/a |
| 01378Warwick | $344,000 | $1,650* | 5.8% | 2.0% | -$1,274 | n/a |
| 01070Plainfield | $334,000 | $1,590* | 5.7% | 1.8% | -$1,310 | n/a |
| 01082Ware | $358,000 | $1,690* | 5.7% | 1.8% | -$1,402 | n/a |
| 01027Easthampton | $441,000 | $2,071 | 5.6% | 2.0% | -$1,641 | n/a |
| 01060Northampton | $504,000 | $2,363 | 5.6% | 2.1% | -$1,835 | +2.6% |
| 01056Ludlow | $374,000 | $1,740* | 5.6% | 1.7% | -$1,478 | n/a |
| 01002Amherst | $545,000 | $2,518 | 5.5% | 1.6% | -$2,216 | +3.6% |
| 01038Hatfield | $502,000 | $2,320* | 5.5% | 2.2% | -$1,767 | n/a |
| 01337Bernardston | $390,000 | $1,800* | 5.5% | 1.8% | -$1,503 | n/a |
| 01521Holland | $387,000 | $1,780* | 5.5% | 1.9% | -$1,476 | n/a |
| 01089West Springfield | $368,000 | $1,680 | 5.5% | 1.7% | -$1,453 | n/a |
| 01364Orange | $326,000 | $1,450* | 5.3% | 1.2% | -$1,428 | n/a |
| 01007Belchertown | $478,000 | $2,120* | 5.3% | 1.6% | -$1,954 | n/a |
| 01069Palmer | $343,000 | $1,510* | 5.3% | 1.2% | -$1,506 | n/a |
| 01338Buckland | $375,000 | $1,640* | 5.3% | 1.4% | -$1,584 | n/a |
| 01054Leverett | $526,000 | $2,290* | 5.2% | 1.5% | -$2,163 | n/a |
| 01077Southwick | $418,000 | $1,810* | 5.2% | 1.6% | -$1,699 | n/a |
| 01344Erving | $340,000 | $1,470* | 5.2% | 2.1% | -$1,238 | n/a |
| 01093Whately | $507,000 | $2,170* | 5.1% | 1.9% | -$1,929 | n/a |
| 01030Agawam | $408,000 | $1,740* | 5.1% | 1.5% | -$1,693 | n/a |
| 01026Cummington | $390,000 | $1,650* | 5.1% | 1.5% | -$1,608 | n/a |
| 01367Rowe | $358,000 | $1,510* | 5.1% | 2.1% | -$1,288 | n/a |
| 01028East Longmeadow | $431,000 | $1,800* | 5.0% | 1.0% | -$1,955 | n/a |
| 01355New Salem | $409,000 | $1,690* | 5.0% | 1.5% | -$1,691 | n/a |
| 01373South Deerfield | $465,000 | $1,900* | 4.9% | 1.3% | -$1,995 | n/a |
| 01012Chesterfield | $405,000 | $1,640* | 4.9% | 1.1% | -$1,802 | n/a |
| 01370Shelburne | $416,000 | $1,680* | 4.8% | 1.3% | -$1,798 | n/a |
| 01062Northampton | $506,000 | $2,020* | 4.8% | 1.4% | -$2,138 | n/a |
| 01071Russell | $351,000 | $1,400* | 4.8% | 0.7% | -$1,696 | n/a |
| 01008Blandford | $381,000 | $1,510* | 4.8% | 1.3% | -$1,645 | n/a |
| 01036Hampden | $457,000 | $1,680* | 4.4% | 0.6% | -$2,245 | n/a |
| 01073Southampton | $502,000 | $1,810* | 4.3% | 1.1% | -$2,261 | n/a |
| 01095Wilbraham | $487,000 | $1,730* | 4.3% | 0.6% | -$2,384 | n/a |
| 01057Monson | $414,000 | $1,440* | 4.2% | 0.6% | -$2,015 | n/a |
| 01330Ashfield | $429,000 | $1,420* | 4.0% | 0.6% | -$2,106 | n/a |
| 01098Worthington | $411,000 | $1,350* | 3.9% | 0.4% | -$2,085 | n/a |
| 01010Brimfield | $449,000 | $1,350* | 3.6% | 0.3% | -$2,323 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.4%
- Rent, 12 months
- +3.9%
- Rent minus price growth
- +0.5 pts
- Property tax
- 1.46%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $293,001 | $1,408 |
| Aug 2022 | $323,056 | $1,568 |
| Aug 2023 | $336,061 | $1,695 |
| Aug 2024 | $356,091 | $1,793 |
| Aug 2025 | $364,289 | $1,891 |
| Aug 2026 | $376,569 | $1,964 |
Counties
- Hampden County, MA6.6% median yield
- Hampshire County, MA5.6% median yield
- Franklin County, MA8.4% median yield
Tools
Test a listing in the Springfield, MA area against today's rate.
Open the calculatorQuestions
- Is the Springfield, MA metro good for rental property?
- The typical home here runs -$1,299 a month at 7.78% with 25% down. 2 of 15 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.6%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Springfield, MA metro have the highest rental yield?
- 01103 (Springfield) at 13.5%, 01035 (Hadley) at 11.3%, 01109 (Springfield) at 9.2%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.