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City · 58,190 residents · Clark County, Ohio

Springfield , Ohio

In Springfield, a typical home is worth $116,800 and typical rent is $851 a month. Compared with all of Clark County, the typical home value is 31% lower, typical household income is 25% lower, and the share of households that own their home is 17 points lower.

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  • Typical home value

    $116,800

    31% below the county

    46% below Ohio

    • Springfield
    • Clark
    • Ohio

  • Typical rent

    $851a month

    2% below the county

    18% below Ohio

    • Springfield
    • Clark
    • Ohio

  • Typical household income

    $47,143a year

    25% below the county

    34% below Ohio

    • Springfield
    • Clark
    • Ohio

  • Households that own their home

    52%

    17 points below the county

    15 points below Ohio

    • Springfield
    • Clark
    • Ohio

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$187,512
3.2% more than 12 months ago
Typical rent
$1,222 a month
9.5% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Springfield is in Clark County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Clark County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Springfield apart

What this place has that others do not, from public data, most unusual first.

  1. 52% of households in Springfield own their home, against 69% in Clark County.

  2. The typical home in Springfield is worth $116,800, 31% less than in Clark County as a whole ($169,900).

  3. The typical household income in Springfield is $47,143, 25% less than in Clark County as a whole ($63,132).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Springfield

What homes there are in Springfield, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Springfield (64%), but less so than in Clark County (75%).

Year built

The typical home in Springfield was built in 1953, 10 years before the typical one in Clark County.

There are fewer big homes in Springfield than in Clark County: 51% have 3 bedrooms or more, against 64%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA limit for Clark County is high ($541,287): at least 99% of owner-occupied homes in Springfield are worth less than $500,000.

Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Clark County is $1,160; about 76% of rents in Springfield are below it.

With a mortgage

$1,081 a month

Clark County: $1,262 a month

Without a mortgage

$448 a month

Clark County: $523 a month

Owners with a mortgage

58%

Clark County: 60%

Owning costs less in Springfield: with a mortgage, the typical cost is $1,081 a month; in Clark County, $1,262. Without one, $448.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Much as in Clark County, the typical home value in Springfield rose 45% since 2015–2019.

The typical rent in Springfield rose 17% since 2015–2019, about the same as in Clark County (16%).

While home values in Springfield changed +45% and rent +17%, the typical household income rose 20%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureSpringfieldClark CountyOhioUnited States
Rental vacancy 2.4%2.5%4.4%5.5%
Homeowner vacancy Unreliable estimate1.0%0.8%0.9%
More than one person per room 1.9%1.4%1.5%3.4%
People per household 2.272.372.372.53
Drive alone 78%79%75%69%
Carpool 11%9%8%9%
Public transit Unreliable estimate0%1%3%
Walk or bike 3%2%2%3%
Work from home 7%10%13%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

Open rentals in Springfield look like those in Clark County: the rental vacancy rate is 2.4%.

In Springfield, 1.9% of households live with more than one person per room, about the same as in Clark County.

A household in Springfield has 2.27 people on average, about the same as in Clark County (2.37).

In Springfield, 78% of workers drive alone to work; in Clark County, 79%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Springfield?

A typical home is within reach of the typical income

We start with a typical home in Springfield, worth $116,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 25% of the typical household income in Springfield, which is $47,143 a year.

The calculator's FHA and conventional loan limits are those of all of Clark County.

Your numbers

Local data
$

Starts at the typical home value in Springfield. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $4,088 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$996

at 7.18% · 30 years

Loan amount
$114,684
Total interest
$165,004
Paid off in
November 2056

Includes $1,972 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,100 a month

    Your payment · 25%

  • Tight

    $1,100 to $1,414 a month

  • Hard

    more than $1,414 a month

Compared with the typical household income in Springfield ($47,143 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$996
Principal & interest$777
Property tax$119
Home insurance$49
FHA mortgage insurance (MIP)$52

You need at least $4,088 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Springfield and Clark County

Springfield is in Clark County, Ohio. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Springfield's own numbers

Typical home value
$116,800
Typical monthly rent
$851
Typical yearly household income
$47,143
Households that own their home
52%
Effective property tax rate
1.22%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Clark County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,160
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
1.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Clark County.

Everything about Clark County

Buying

Buying a home in Springfield

A typical home in Springfield is worth $116,800: 31% below the county and 46% below Ohio. With the typical household income in Springfield ($47,143 a year), a typical home costs 2.5 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Springfield 2.5 years
  • Clark 2.7 years
  • Ohio 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Clark County

According to FHFA’s house price index, home prices in Clark County rose 101% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Clark County.

Period County Ohio U.S.
Last year (2025) +4.7% +4.8% +2.9%
5 years (2020–2025) +61% +53% +47%
10 years (2015–2025) +101% +93% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Springfield next to Clark County, Ohio and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Springfield $116,800
  • Clark $169,900
  • Ohio $214,800
  • United States $332,700
Typical monthly rent
  • Springfield $851
  • Clark $872
  • Ohio $1,034
  • United States $1,413
Typical yearly household income
  • Springfield $47,143
  • Clark $63,132
  • Ohio $71,389
  • United States $80,734
See the full table
Springfield next to Clark County and Ohio
Measure Springfield Clark County Ohio U.S.
Typical home value $116,800 $169,900 $214,800 $332,700
Typical monthly rent $851 $872 $1,034 $1,413
Typical yearly household income $47,143 $63,132 $71,389 $80,734
Households that own their home 52% 69% 67% 65%
Typical yearly property tax $1,423 $2,019 $2,822 $3,119
Effective property tax rate 1.22% 1.19% 1.31% 0.94%
Renters with high rent for their income 46% 44% 46% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Clark County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Springfield

For a typical $116,800 home in Springfield, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Springfield's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $996a month

    Least cash to close
    Down payment
    $4,088
    Cash to close
    $7,592
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $52

  • Conventional, 5% down $975a month

    Down payment
    $5,840
    Cash to close
    $9,344
    Rate
    7.18%
    Mortgage insurance
    PMI · $55

  • Conventional, 20% down, no PMI $800a month

    Down payment
    $23,360
    Cash to close
    $26,864
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $908a month

    Down payment
    $17,520
    Cash to close
    $21,024
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Springfield and for Clark County.

Property tax

Effective rate in Springfield

1.22%of the home’s value each year

$1,423 a year for the typical owner in Springfield.

  • Springfield 1.22%
  • Clark 1.19%
  • Ohio 1.31%

What Ohio publishes Homestead exemption for seniors and people with disabilities (Ohio Department of Taxation)

Exemptions and deadlines in Ohio

Flood risk in Clark County

FEMA does not publish these numbers by city: they are for all of Clark County.

Homes in the high-risk zone
1.9%
960
Of those, with NFIP insurance
22%
County Ohio U.S.
Homes in the high-risk zone 1.9% 1.7% 3.5%
Of those, with NFIP insurance 22% 16% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Springfield

Typical rent in Springfield is $851 a month: 2% below the county. In Springfield, 46% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Clark County, by unit size. To pay the 2-bedroom one ($1,160 a month) without spending more than 30% of your income, you would need to earn $22.31 an hour working full time.

HUD fair market rent for all of Clark County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $808 $15.54 $32,320
1 bedroom $887 $17.06 $35,480
2 bedrooms $1,160 $22.31 $46,400
3 bedrooms $1,434 $27.58 $57,360
4 bedrooms $1,648 $31.69 $65,920

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Springfield

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Springfield has 5 ZIP codes with their own.

For 2 bedrooms it runs from $1,120 in 45505 to $1,240 in 45503.

3 of the 5 are above the fair market rent for Clark County ($1,160).

  • 45501 $1,160$1,430
  • 45503 $1,240$1,530
  • 45504 $1,210$1,500
  • 45505 $1,120$1,380
  • 45506 $1,220$1,510

4 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Springfield when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Springfield

HUD lists 36 buildings with rents for lower incomes in Springfield. These are the largest.

  • Ronez Manor Apartments 1948 Wilkes Dr, Springfield 45503 179 homes, 178 low-income · For families (937) 399-1125
  • Grayhill Homes 220 Montgomery Ave, Springfield 45506 177 low-income homes · Run by Springfield Metropolitan Housing Authority · Average payment: $349 a month · Average wait: 11 months (937) 325-7331
  • Henry - Sherman Homes 4726 Security Dr, Springfield 45503 166 low-income homes · Run by Springfield Metropolitan Housing Authority · Average payment: $389 a month · Average wait: 7 months · Homes at several sites (937) 325-7331
  • Hugh Taylor Homes 1707 E High St, Springfield 45505 162 low-income homes · Run by Springfield Metropolitan Housing Authority · Average payment: $343 a month · Average wait: 10 months · Homes at several sites (937) 325-7331
  • Brentwood Square I, II & III 175 Brent Dr E, Springfield 45505 214 homes, 152 low-income · For families (937) 323-9322

See all 42 buildings in Clark County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Springfield

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Clark County; none says it serves in Spanish.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Springfield

No down payment, repair or rent-help program on our list is for Springfield or Clark County. The ones below are statewide in Ohio: they work in Springfield the same as in the rest of the state.

Which programs do I qualify for? All programs in Ohio

  • Your Choice! Down Payment Assistance

    Statewide in Ohio

    Ohio state agency help of 2.5% or 5% of the price for the down payment, closing costs or other costs before closing, forgiven after seven years; if you sell sooner, you repay all of it. Offered by Ohio Housing Finance Agency (OHFA).

    Forgivable

    See the program Official page

  • Mortgage Tax Credit

    Statewide in Ohio

    Ohio state agency certificate that turns part of your mortgage interest into a credit on your federal tax return, up to $2,000 a year: 40% with an OHFA mortgage (MTC Plus) or 15% to 20% with another mortgage (MTC Basic). Offered by Ohio Housing Finance Agency (OHFA).

    Tax credit

    See the program Official page

Housing counselors near Springfield

The HUD-approved agencies closest to the center of Springfield, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Neighborhood Housing Partnership of Greater Springfield, Inc.

    527 E Home Rd, Springfield · 2 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (937) 322-4623

  • Greenpath Financial Wellness

    2465 Executive Park Blvd, Fairborn · 18 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (866) 234-4767

  • Horizon Housing Communities Development for Ohio (HHCDO)

    1700 Needmore Rd, Dayton · 23 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (937) 259-8870

Every agency in Clark County All counseling agencies in Ohio

Help in Spanish near Springfield

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Springfield

HUD’s record names them for Springfield or Clark County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Springfield Metropolitan Housing Authority Public housing and Section 8 vouchers (937) 325-7331

All housing agencies in Ohio Source: HUD

Cities

Other cities in Clark County

These cities are also in Clark County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Clark County Housing in Ohio

Nearby cities

The cities closest to Springfield, with the typical home value.

Neighboring counties

If Clark County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Springfield.

All guides
Two girls write and draw together at the living-room table.

Questions

Housing questions about Springfield

Short answers with the numbers for Springfield and all of Clark County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Springfield?

The typical home value in Springfield is $116,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Clark County it is $169,900.

How much does it cost to rent in Springfield?

Typical rent in Springfield is $851 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Clark County is $1,160.

What is the FHA loan limit in Springfield?

Springfield uses the FHA limit for all of Clark County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Springfield?

The typical homeowner in Springfield pays $1,423 a year, according to the U.S. Census Bureau. That is 1.22% of the home’s value; in Clark County, the rate is 1.19%.

Where can I find free help to buy or rent in Springfield?

There is 1 HUD-approved counseling agency with an office in Clark County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).