Property Prices in Springfield, MO, United States

Index Info
Price to Income Ratio: 2.97
Mortgage as Percentage of Income: 26.23%
Loan Affordability Index: 3.81
Price to Rent Ratio - City Centre: 8.34
Price to Rent Ratio - Outside of Centre: 10.54
Gross Rental Yield (City Centre): 11.99%
Gross Rental Yield (Outside of Centre): 9.49%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $1,006.67 900.00-1,140.00
1 Bedroom Apartment Outside of City Centre $808.25 750.00-1,150.00
3 Bedroom Apartment in City Centre $1,730.25 1,551.00-1,870.00
3 Bedroom Apartment Outside of City Centre $1,344.50 1,140.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $166.74 162.02-168.99
Price per Square Feet to Buy Apartment Outside of Centre $166.74 162.02-168.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) $3,025.93
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.36 6.00-7.58

These data are based on 70 entries from 21 contributors over the past 18 months.
Last update: 19 October 2026

Sources and References
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