Affordable & Income-Based Housing in Springfield

Affordability

Springfield's median household income is $49,311 and the median monthly rent is $964, with 56% of residents renting their homes, according to Census ACS 5-Year data (2024). These figures reflect a city where renter households make up the majority, making access to income-based and HUD-assisted housing an important resource for many residents.

Safety

According to the Springfield Police Department's FBI-reported data (FBI Crime Data Explorer, 2024), Springfield had a violent crime rate of 1,190 per 100,000 residents. Note that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

For flooding, none of the 14 HUD-assisted properties in Springfield are mapped to a high-risk flood zone.

Getting Around Springfield

The area around assisted properties in Springfield scores 71 (Very Walkable) and 83 for Biking, according to Walk Score. No Transit Score is available for this area.

Schools

Springfield is served by 67 schools across 6 districts, including 40 elementary, 10 middle, 16 high schools, and 1 other, according to NCES Common Core of Data. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

Cost of Renting in Springfield, MO

The median household income in Springfield is $49,311 per year, according to Census ACS 5-Year data. The median market rent is $964 per month, which means housing costs can be a real stretch for many residents on fixed or lower incomes.

Income-based and HUD-assisted housing ties rent to what you earn, typically capping your payment at 30% of your adjusted gross income. The 852 income-restricted units across 14 properties in Springfield provide an important resource for renters who qualify.

• Median household income: $49,311/year (Census ACS 5-Year)
• Median market rent: $964/month (Census ACS 5-Year)
• Share of households that rent: 56% (Census ACS 5-Year)
• Income-restricted units in Springfield: 852 across 14 properties (HUD-assisted property counts)

Flood and Environmental Exposure

All 14 HUD-assisted properties in Springfield were mapped for flood risk, and none fall in a high-risk flood zone. Flood exposure is not a notable concern for this portfolio.