Market Summary

Springfield, Allen County, IN

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Median Home Price Price

$277,142 $277.1K

Median Monthly Rent Rent

$1,420 $1.4K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Allen County

Region Price Rent GRM Display
$256,528 $1,439 15.0x
$291,721 $1,429 17.0x
$301,272 $1,685 15.0x
$307,647 $1,426 18.0x
$267,274 $1,440 15.0x
$237,972 $1,466 13.0x
$450,744 $1,411 27.0x
$237,598 $1,315 15.0x
$252,659 $1,316 16.0x
$258,802 $1,431 15.0x
$237,089 $1,462 13.0x
$245,052 $1,204 17.0x
$242,996 $1,466 14.0x
$248,840 $1,218 17.0x
$289,395 $1,461 17.0x
$250,699 $1,325 16.0x
$232,278 $1,461 13.0x
$309,651 $1,712 15.0x
$255,755 $1,452 15.0x
$250,146 $1,307 16.0x
$276,041 $1,452 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IN outside of Allen County

Region Price Rent GRM Display

Home prices

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Monthly rent

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GRM

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Similar markets outside of IN

Region Price Rent GRM Display
$242,827 $1,276 16.0x
$247,598 $1,393 15.0x
$294,581 $1,458 17.0x
$670,991 $1,406 40.0x
$396,266 $1,401 24.0x
$397,697 $2,289 14.0x
$234,229 $1,276 15.0x
$301,218 $1,476 17.0x
$429,872 $2,307 16.0x
$311,260 $1,192 22.0x
$326,149 $1,490 18.0x
$401,422 $1,459 23.0x
$225,037 $1,454 13.0x

Home prices

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Monthly rent

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GRM

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Springfield

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Trend Insights

Median Rent in Springfield, IN is $1,420, with MoM change +$14 and YoY change +$92 pointing to positive momentum while volatility is low (std $22).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Springfield, IN.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Springfield, IN
Compare market Select a market
Delta vs base
Median rent
$1,420
N/A
Median price
$277,142
N/A
YoY change
+$92
N/A
Price-to-rent
16.3x
Data unavailable
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