Reno vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 60% cheaper for renters. A 2-bedroom rents for $756/mo vs $1,208/mo in Reno — saving $5,424/year.
Rent by Unit Size
| Unit Size | Reno | Springfield | Difference |
|---|---|---|---|
| Studio | $773 | $519 | $254 |
| 1 Bedroom | $946 | $612 | $334 |
| 2 Bedrooms | $1,208 | $756 | $452 |
| 3 Bedrooms | $1,422 | $923 | $499 |
| 4 Bedrooms | $1,636 | $1,067 | $569 |
| Median Income | $59,858 | $44,958 | $14,900 |
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
Springfield
- Studio
- $519/mo
- 1 BR
- $612/mo
- 2 BR
- $756/mo
- 3 BR
- $923/mo
- 4 BR
- $1,067/mo
- Median Income
- $44,958/yr
Frequently Asked Questions
Is Reno or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $756/mo vs $1,208/mo in Reno. That's $452/mo or $5,424/year more expensive in Reno (60% 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 $756/month.
How do incomes compare between Reno and Springfield?
The median household income in Reno is $59,858/year. In Springfield it is $44,958/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 $519/mo.