In Springfield, a typical home is worth $358,700 and typical rent is $1,258 a month. Compared with all of Lane County, the typical home value is 17% lower and typical rent is 7% lower.
Typical home value from Zillow, September 2021 to September 2026: from $374,031 to $414,755.
Typical rent
$1,689a month
▲ 3.1% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,342 to $1,689.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Springfield is in Lane 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 Lane County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical home in Springfield is worth $358,700,17% less than in Lane County as a whole ($430,600).
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 houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and other
Springfield
Lane County
Oregon
United States
Kind of home: Springfield and its comparisons
Measure
Springfield
Lane County
Oregon
United States
Detached house
56%
61%
63%
61%
Attached house
9%
6%
5%
6%
Building of 2 to 4
12%
8%
7%
8%
Apartments (5 or more)
15%
17%
18%
19%
Mobile home
8%
8%
7%
6%
Boat, RV and other
1%
1%
0%
0%
In Springfield, 6 in 10 homes are single-family detached houses; in Lane County, 6.
Year built
Before 19601960–19791980–19992000–20092010 or later
Springfield
Lane County
Oregon
United States
Year built: Springfield and its comparisons
Measure
Springfield
Lane County
Oregon
United States
Before 1960
23%
21%
23%
26%
1960–1979
37%
34%
26%
24%
1980–1999
23%
23%
25%
25%
2000–2009
11%
12%
14%
14%
2010 or later
7%
10%
12%
11%
By age, homes in Springfield look like those in Lane County: the typical year built is 1976.
In Springfield, 14% of homes have 1 bedroom or none (studios); 55% have 3 bedrooms or more, against 59% in Lane County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K10%
$100K–$200K4%
$200K–$300K18%
$300K–$500K55%
$500K–$750K12%
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Springfield and its comparisons
Measure
Springfield
Under $100K
10%
$100K–$200K
4%
$200K–$300K
18%
$300K–$500K
55%
$500K–$750K
12%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
The FHA loan limit for Lane County is $541,287, and about 88% of owner-occupied homes in Springfield are worth less than that.
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $5005%
$500–$99922%
$1,000–$1,49944%
$1,500–$1,99920%
HUD fair market rent, 2 bedrooms: $1,546
$2,000–$2,4998%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Springfield and its comparisons
Measure
Springfield
Under $500
5%
$500–$999
22%
$1,000–$1,499
44%
$1,500–$1,999
20%
$2,000–$2,499
8%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
HUD's 2-bedroom fair market rent (FMR) for Lane County is $1,546; about 73% of rents in Springfield are below it.
With a mortgage
$1,720 a month
Lane County: $1,949 a month
Without a mortgage
$597 a month
Lane County: $642 a month
Owners with a mortgage
67%
Lane County: 62%
The typical cost for an owner with a mortgage in Springfield is $1,720 a month, less than in Lane County ($1,949); without one, $597.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Springfield+75%
Lane County+64%
Oregon+53%
United States+53%
Typical rent
Springfield+35%
Lane County+37%
Oregon+37%
United States+33%
Typical household income
Springfield+44%
Lane County+37%
Oregon+32%
United States+29%
Change since 2015–2019: Springfield and its comparisons
Measure
Springfield
Lane County
Oregon
United States
Typical home value
+75%
+64%
+53%
+53%
Typical rent
+35%
+37%
+37%
+33%
Typical household income
+44%
+37%
+32%
+29%
From 2015–2019 to 2020–2024, the typical home value in Springfield rose 75%; in Lane County, it rose 64%.
Rents in Springfield rose at about the same pace as in Lane County: 35% since 2015–2019, against 37%.
While home values in Springfield changed +75% and rent +35%, the typical household income rose 44%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Springfield and its comparisons
Measure
Springfield
Lane County
Oregon
United States
Rental vacancy
Unreliable estimate
3.2%
4.2%
5.5%
Homeowner vacancy
Unreliable estimate
0.8%
0.7%
0.9%
More than one person per room
3.5%
2.6%
3.2%
3.4%
People per household
2.41
2.33
2.42
2.53
Drive alone
71%
66%
65%
69%
Carpool
11%
9%
9%
9%
Public transit
2%
2%
2%
3%
Walk or bike
5%
7%
5%
3%
Work from home
10%
16%
19%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Lane County, 3.5% of households in Springfield have more than one person per room.
Much as in Lane County, a household in Springfield has 2.41 people on average.
To get to work, 71% of workers in Springfield drive alone; in Lane County, 66%.
Do the math
What would you pay each month for a home in Springfield?
A typical home costs more than the typical income allows
We start with a typical home in Springfield, worth $358,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 52% of the typical household income in Springfield, which is $68,761 a year. For that payment to be 28% of income, a household would need to earn about $126,989 a year.
The calculator's FHA and conventional loan limits are those of all of Lane County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Springfield. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $12,555 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,963
at 7.18% · 30 years
Loan amount
$352,203
Total interest
$506,737
Paid off in
November 2056
Includes $6,058 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,604 a month
Tight
$1,604 to $2,063 a month
Hard
more than $2,063 a month
Your payment · 52%
Compared with the typical household income in Springfield ($68,761 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,386
Property tax
$269
Home insurance
$150
FHA mortgage insurance (MIP)
$159
You need at least $12,555 for the down payment, plus closing costs.
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.
Total monthly payment $2,963; principal and interest $2,386.
The city and its county
Springfield and Lane County
Springfield is in Lane County, Oregon. 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
Map of Lane County, Oregon, with Springfield marked. Around it, the neighboring counties.
Springfield
Lane County
Other cities with a page
Springfield's own numbers
Typical home value
$358,700
Typical monthly rent
$1,258
Typical yearly household income
$68,761
Households that own their home
55%
Effective property tax rate
0.9%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lane County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,546
Price change over 5 years (FHFA)
+41%
Homes in a high flood-risk zone
6.6%
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 Lane County.
A typical home in Springfield is worth $358,700: 17% below the county and 25% below Oregon. With the typical household income in Springfield ($68,761 a year), a typical home costs 5.2 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.
Springfield5.2 years
Lane6.0 years
Oregon5.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lane County
According to FHFA’s house price index, home prices in Lane County rose 101% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lane County.
Yearly change in FHFA’s price index in Lane County, 2016 to 2025
2016: +7.6% +7.6% 2016
2017: +8.8% +8.8% 2017
2018: +8.2% +8.2% 2018
2019: +6.4% +6.4% 2019
2020: +5.5% +5.5% 2020
2021: +15.7% +15.7% 2021
2022: +15.0% +15.0% 2022
2023: +2.4% +2.4% 2023
2024: +2.4% +2.4% 2024
2025: +1.2% +1.2% 2025
Change in FHFA’s price index in Lane County, Oregon and the United States
Period
County
Oregon
U.S.
Last year (2025)
+1.2%
+0.9%
+2.9%
5 years (2020–2025)
+41%
+35%
+47%
10 years (2015–2025)
+101%
+86%
+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 Lane County, Oregon and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Springfield$358,700
Lane$430,600
Oregon$477,600
United States$332,700
Typical monthly rent
Springfield$1,258
Lane$1,355
Oregon$1,525
United States$1,413
Typical yearly household income
Springfield$68,761
Lane$71,544
Oregon$83,011
United States$80,734
See the full table
Springfield next to Lane County and Oregon
Measure
Springfield
Lane County
Oregon
U.S.
Typical home value
$358,700 ▼17% below the county
$430,600
$477,600
$332,700
Typical monthly rent
$1,258 ▼7% below the county
$1,355
$1,525
$1,413
Typical yearly household income
$68,761 ▼4% below the county
$71,544
$83,011
$80,734
Households that own their home
55% ▼5 points below the county
60%
63%
65%
Typical yearly property tax
$3,225 ▼9% below the county
$3,536
$3,876
$3,119
Effective property tax rate
0.9% ▲0.08 points above the county
0.82%
0.81%
0.94%
Renters with high rent for their income
50% ▼5 points below the county
55%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lane 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 $358,700 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$2,963a month
Least cash to close
Down payment
$12,555
Cash to close
$23,316
Rate
7.18%
Mortgage insurance
FHA MIP · $159
Conventional, 5% down$2,897a month
Down payment
$17,935
Cash to close
$28,696
Rate
7.18%
Mortgage insurance
PMI · $170
Conventional, 20% down, no PMI$2,362a month
Down payment
$71,740
Cash to close
$82,501
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,694a month
Down payment
$53,805
Cash to close
$64,566
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Springfield
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,963
$12,555
$352,203
7.18%
FHA MIP · $159
$23,316
580
Conventional, 5% down
$2,897
$17,935
$340,765
7.18%
PMI · $170
$28,696
620*
Conventional, 20% down, no PMI
$2,362
$71,740
$286,960
7.18%
None
$82,501
620*
ITIN, 15% down (example)
$2,694
$53,805
$304,895
8.18%
None
$64,566
Set by the lender
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.
Typical rent in Springfield is $1,258 a month: 7% below the county. In Springfield, 50% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Lane County, by unit size. To pay the 2-bedroom one ($1,546 a month) without spending more than 30% of your income, you would need to earn $29.73 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Lane County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,157
$22.25
$46,280
1 bedroom
$1,182
$22.73
$47,280
2 bedrooms
$1,546
$29.73
$61,840
3 bedrooms
$2,141
$41.17
$85,640
4 bedrooms
$2,584
$49.69
$103,360
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 2 ZIP codes with their own.
For 2 bedrooms it runs from $1,520 in 97477 to $1,570 in 97478.
1 of the 2 is above the fair market rent for Lane County ($1,546).
Fair market rent by ZIP code and size in Springfield, fiscal year 2027.
97477
$1,110
$1,160
$1,520
$2,120
$2,550
97478
$1,180
$1,200
$1,570
$2,170
$2,620
ZIP code2 bd3 bd
97477 $1,520$2,120
97478 $1,570$2,170
2 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 13 buildings with rents for lower incomes in Springfield. These are the largest.
Springfield Units1078 R St, Springfield 97477194 low-income homes · Run by Housing Authority & Comm Svcs of Lane Co · Average payment: $453 a month · Average wait: 33 months(541) 682-3755
Mckenzie Meadow Apts715 Oakdale Ave, Springfield 97477100 low-income homes · 1 bd: 21 · 2 bd: 69 · 3 bd: 10 · In service since 1993 · For older adults, people with disabilities, families
Park at Emerald Village1950 N 2nd St, Springfield 9747796 low-income homes · 1 bd: 8 · 2 bd: 40 · 3 bd: 48 · In service since 1998 · For families
Rainbow Village1250 Rainbow Dr, Springfield 9747780 homes, 60 low-income · For families(541) 746-8958
Aster Apartments1955 3rd St, Springfield 9747755 homes, 54 low-income · For older adults(541) 743-7151
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 Lane County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Springfield or Lane County. The ones below are statewide in Oregon: they work in Springfield the same as in the rest of the state.
Oregon state funds for the down payment and closing costs, delivered by local organizations: up to $60,000 or 20% of the price, sometimes as a grant or as a forgivable second mortgage, for first-time or first-generation buyers with income up to 100% of the area median.Offered by Oregon Housing and Community Services (OHCS).
Oregon Housing and Community Services mortgage for low- and moderate-income first-time buyers, with down payment assistance of 4% or 5% of the loan as a second mortgage.Offered by Oregon Housing and Community Services (OHCS).
Oregon Housing and Community Services mortgage for any buyer, including people who have owned a home before, with down payment assistance of 4% or 5% of the loan as a second mortgage that can be forgivable or repayable.Offered by Oregon Housing and Community Services (OHCS).
No legal help resource on our list is for Springfield or Lane County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Springfield and all of Lane 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 $358,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lane County it is $430,600.
How much does it cost to rent in Springfield?
Typical rent in Springfield is $1,258 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lane County is $1,546.
What is the FHA loan limit in Springfield?
Springfield uses the FHA limit for all of Lane 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 $3,225 a year, according to the U.S. Census Bureau. That is 0.9% of the home’s value; in Lane County, the rate is 0.82%.
Where can I find free help to buy or rent in Springfield?
There is 1 HUD-approved counseling agency with an office in Lane County. They can help you get ready to buy, with your credit, or with rent.
