FairRentWize

Reno vs Springfield

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Springfield is 68% cheaper for renters. A 2-bedroom rents for $720/mo vs $1,208/mo in Reno — saving $5,856/year.

Rent by Unit Size

Unit SizeRenoSpringfieldDifference
Studio$773$490$283
1 Bedroom$946$583$363
2 Bedrooms$1,208$720$488
3 Bedrooms$1,422$925$497
4 Bedrooms$1,636$987$649
Median Income$59,858$37,539$22,319

Reno

Studio
$773/mo
1 BR
$946/mo
2 BR
$1,208/mo
3 BR
$1,422/mo
4 BR
$1,636/mo
Median Income
$59,858/yr
Full Reno profile →

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
Full Springfield profile →

Frequently Asked Questions

Is Reno or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $1,208/mo in Reno. That's $488/mo or $5,856/year more expensive in Reno (68% higher).
What is the 2-bedroom rent in Reno vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Reno is $1,208/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Reno and Springfield?
The median household income in Reno is $59,858/year. In Springfield it is $37,539/year. Reno has the higher median income.
What is the studio rent in Reno vs Springfield?
A studio apartment Fair Market Rent in Reno is $773/mo. In Springfield it is $490/mo.