2026 Affordability Data
Most Affordable Neighborhoods in Springfield - 2026 Data
The median home value in Springfield is $293,200, 4% above nat'l avg. Median rent is $719/month. With an affordability index of 89, Springfield is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Springfield, OR area.
Key Takeaways: Affordability in Springfield
- 1The most affordable neighborhood in Springfield is Independence, with a median home value of $302,300.
- 2Springfield's median home value is $293,200, 4% above nat'l avg (national: $281,900).
- 3Springfield's affordability index is 89 (baseline 100), making it less affordable than the national average.
- 4Median rent in Springfield is $719/month, 38% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Springfield to find the most affordable areas based on home values, rent, and affordability index.
Springfield Affordability Overview
Median Home Value
$293,200
4% above nat'l avg
Median Rent
$719/mo
38% below nat'l avg
Median Income
$60,982
18% below nat'l avg
Affordability Index
89
11% below nat'l avg
Most Affordable Neighborhoods in Springfield (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | IndependenceOR | $302,300 |
| 2 | TualatinOR | $548,900 |
| 3 | MonmouthOR | $343,900 |
| 4 | SilvertonOR | $406,000 |
| 5 | TigardOR | $525,100 |
| 6 | Lake OswegoOR | $825,000 |
| 7 | HillsboroOR | $452,300 |
| 8 | CorneliusOR | $379,400 |
| 9 | SandyOR | $435,100 |
| 10 | OntarioOR | $174,900 |
| 11 | CorvallisOR | $436,000 |
| 12 | AlbanyOR | $321,600 |
| 13 | NewportOR | $373,400 |
| 14 | GreshamOR | $411,700 |
| 15 | West LinnOR | $677,500 |
Detailed Neighborhood Profiles
Home Value: $302,300
Rent: $719/mo
Affordability: 89
Population: 9,981
Home Value: $548,900
Rent: $719/mo
Affordability: 89
Population: 27,804
Home Value: $343,900
Rent: $719/mo
Affordability: 89
Population: 11,054
4
Home Value: $406,000
Rent: $719/mo
Affordability: 89
Population: 10,439
5
Home Value: $525,100
Rent: $719/mo
Affordability: 89
Population: 55,161
6
Home Value: $825,000
Rent: $719/mo
Affordability: 89
Population: 40,457
7
Home Value: $452,300
Rent: $719/mo
Affordability: 89
Population: 106,612
8
Home Value: $379,400
Rent: $719/mo
Affordability: 89
Population: 13,245
9
Home Value: $435,100
Rent: $719/mo
Affordability: 89
Population: 12,592
10
Home Value: $174,900
Rent: $719/mo
Affordability: 89
Population: 11,610
11
Home Value: $436,000
Rent: $719/mo
Affordability: 89
Population: 60,050
12
Home Value: $321,600
Rent: $719/mo
Affordability: 89
Population: 56,348
13
Home Value: $373,400
Rent: $719/mo
Affordability: 89
Population: 10,319
14
Home Value: $411,700
Rent: $719/mo
Affordability: 89
Population: 113,525
15
Home Value: $677,500
Rent: $719/mo
Affordability: 89
Population: 27,167
Frequently Asked Questions About Affordability in Springfield
What is the most affordable neighborhood in Springfield, OR?▾
Based on 2026 data, Independence is the most affordable neighborhood in Springfield with a median home value of $302,300. Kurby analyzed 15 neighborhoods in the Springfield area to compile these rankings.
What is the median home price in Springfield, OR?▾
The median home price in Springfield is $293,200, which is 4% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Springfield affordable compared to the national average?▾
Springfield has an affordability index of 89, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Springfield, OR?▾
The median monthly rent in Springfield is $719. This is 38% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Springfield?▾
The median household income in Springfield is $60,982 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Springfield are below the national average home price?▾
1 out of 15 ranked neighborhoods in Springfield have a median home value below the national average of $281,900. The most affordable is Ontario at $174,900 (Source: Kurby, 2026).