Medford vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 48% cheaper for renters. A 2-bedroom rents for $720/mo vs $1,065/mo in Medford — saving $4,140/year.
Rent by Unit Size
| Unit Size | Medford | Springfield | Difference |
|---|---|---|---|
| Studio | $704 | $490 | $214 |
| 1 Bedroom | $865 | $583 | $282 |
| 2 Bedrooms | $1,065 | $720 | $345 |
| 3 Bedrooms | $1,318 | $925 | $393 |
| 4 Bedrooms | $1,480 | $987 | $493 |
| Median Income | $51,417 | $37,539 | $13,878 |
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/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 Medford or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $1,065/mo in Medford. That's $345/mo or $4,140/year more expensive in Medford (48% higher).
What is the 2-bedroom rent in Medford vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Medford is $1,065/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Medford and Springfield?
The median household income in Medford is $51,417/year. In Springfield it is $37,539/year. Medford has the higher median income.
What is the studio rent in Medford vs Springfield?
A studio apartment Fair Market Rent in Medford is $704/mo. In Springfield it is $490/mo.