Louisville-Jefferson County vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 16% cheaper for renters. A 2-bedroom rents for $720/mo vs $835/mo in Louisville-Jefferson County — saving $1,380/year.
Rent by Unit Size
| Unit Size | Louisville-Jefferson County | Springfield | Difference |
|---|---|---|---|
| Studio | $555 | $490 | $65 |
| 1 Bedroom | $707 | $583 | $124 |
| 2 Bedrooms | $835 | $720 | $115 |
| 3 Bedrooms | $1,082 | $925 | $157 |
| 4 Bedrooms | $1,307 | $987 | $320 |
| Median Income | $52,763 | $37,539 | $15,224 |
Louisville-Jefferson County
- Studio
- $555/mo
- 1 BR
- $707/mo
- 2 BR
- $835/mo
- 3 BR
- $1,082/mo
- 4 BR
- $1,307/mo
- Median Income
- $52,763/yr
Springfield
- Studio
- $490/mo
- 1 BR
- $583/mo
- 2 BR
- $720/mo
- 3 BR
- $925/mo
- 4 BR
- $987/mo
- Median Income
- $37,539/yr
Frequently Asked Questions
Is Louisville-Jefferson County or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $835/mo in Louisville-Jefferson County. That's $115/mo or $1,380/year more expensive in Louisville-Jefferson County (16% higher).
What is the 2-bedroom rent in Louisville-Jefferson County vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Louisville-Jefferson County is $835/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Louisville-Jefferson County and Springfield?
The median household income in Louisville-Jefferson County is $52,763/year. In Springfield it is $37,539/year. Louisville-Jefferson County has the higher median income.
What is the studio rent in Louisville-Jefferson County vs Springfield?
A studio apartment Fair Market Rent in Louisville-Jefferson County is $555/mo. In Springfield it is $490/mo.