What is the rental vacancy rate in Springfield, MA?
The rental vacancy rate in Springfield, MA is 3.0% (±0.8 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.7% (±0.7 points).
4,445 (±575) homes, 7.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Springfield, the rental vacancy rate went from 4.7% in 2015–2019 to 3.0% in 2020–2024 (−1.7 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 3.0% (±0.8 points)
- Homeowner vacancy rate
- 1.7% (±0.7 points)
- Vacant homes
- 4,445 (±575)
Vacancy in Springfield against Hampden County, its state and the nation
| Springfield | Hampden County | Massachusetts | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 3.0% (±0.8 points) | 3.7% (±0.7 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.7% (±0.7 points) | 1.0% (±0.3 points) | 0.6% (±0.1 points) | 0.9% |
| Vacant housing units | 4,445 (±575) | 13,120 (±937) | 245,364 (±5,351) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Springfield, the rental vacancy rate is not measurably different from Hampden County (3.7%).
It is not measurably different from Massachusetts (3.5%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Springfield
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Springfield | — | 3.0% (±0.8 points) | — |
| East Longmeadow | 4.2 mi | 11.5% (±9.5 points) | Not measurably different |
| Chicopee | 4.6 mi | 2.4% (±2.0 points) | Not measurably different |
| Longmeadow (community) | 4.9 mi | 11.2% (±9.9 points) | Not measurably different |
| Longmeadow | 4.9 mi | 11.2% (±9.9 points) | Not measurably different |
| Wilbraham (community) | 5.3 mi | 0.0% (±19.6 points) | Not measurably different |
| Wilbraham | 5.6 mi | 0.0% (±7.0 points) | Not measurably different |
| West Springfield Town | 5.7 mi | 3.9% (±2.6 points) | Not measurably different |
| Ludlow | 6.3 mi | 4.7% (±5.0 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Hampden County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 8 | Southwick | 9.2% (±10.6 points) |
| 9 | Westfield | 6.4% (±3.5 points) |
| 10 | Monson | 6.3% (±7.4 points) |
| 11 | Ludlow | 4.7% (±5.0 points) |
| 12 | West Springfield Town | 3.9% (±2.6 points) |
| 13 | Holyoke | 3.1% (±1.3 points) |
| 14 | Springfield | 3.0% (±0.8 points) |
| 15 | Chicopee | 2.4% (±2.0 points) |
| 16 | Agawam Town | 1.4% (±2.1 points) |
| 17 (tie) | Blandford | 0.0% (±82.3 points) |
| 17 (tie) | Granville | 0.0% (±47.5 points) |
| 17 (tie) | Hampden | 0.0% (±33.1 points) |
| 17 (tie) | Holland | 0.0% (±44.2 points) |
Showing 13 of 23 places in Hampden County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Springfield
Is it hard to find a rental in Springfield?
The rental vacancy rate in Springfield, MA is 3.0% (±0.8 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Springfield tighter than it was?
In Springfield, the rental vacancy rate went from 4.7% in 2015–2019 to 3.0% in 2020–2024 (−1.7 percentage points), a measurable decrease.
How many homes are vacant in Springfield?
An estimated 4,445 (±575) housing units, 7.1% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Springfield city, Massachusetts
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Springfield city, Massachusetts
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Springfield city, Massachusetts (place:67000, in state:25).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Springfield at a glance
- Median rent in Springfield
- Rent by bedrooms in Springfield
- Rent burden in Springfield
- Renters and owners in Springfield
- Income and affordability in Springfield
- Home values in Springfield
- Homeowner costs in Springfield
- Property taxes in Springfield
- Types of homes in Springfield
- Bedrooms in Springfield
- Age of homes in Springfield
- Heating fuel in Springfield
- Commute and cars in Springfield
- Crime reported to police in Springfield
- Population growth in Springfield
- How long people stay in Springfield
- Crowding and facilities in Springfield
- Massachusetts landlord and tenant rules
- Housing across Hampden County
- Massachusetts places ranked by rental vacancy rate
- Housing data for every place in Massachusetts