Apartments for Rent in Forest Park, Springfield, MA

Forest Park, Springfield apartment availability

Forest Park's rental market offers a good selection of listings, with an average of 35 rentals available each month. The neighborhood's rental inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments offer popular amenities, including hardwood floors, found in about 35% of rentals, and on-site laundry, available in nearly 25% of apartments. Additionally, about 21% of rentals in Forest Park are pet-friendly with some restrictions, making it a viable option for renters with pets. With a significant share of Springfield's total listings, Forest Park is a neighborhood worth considering for those searching for a rental property.

Forest Park, Springfield rental market trends

Forest Park's rental market saw a significant increase of about 10.7% last year, with the average monthly rent reaching $1,657. The average rent for a 1-bedroom is around $1,173, a 5.9% decrease from the previous year. In contrast, 3-bedrooms experienced a slight increase of 0.6%, with an average rent of $1,751. Studios, however, saw a substantial decrease of 13.7%, with an average rent of $963.

The rental market in Forest Park tends to fluctuate throughout the year. October typically sees the highest rent, with an 18.6% increase compared to June, the month with the lowest rent. This suggests that renters may find better deals during the summer months. It's also worth noting that the most competitive months in Forest Park may vary, but understanding these trends can help renters navigate the market and find the best time to secure a new apartment.

Why Forest Park, Springfield is a great place to live

Forest Park is a haven for renters prioritizing environmental sustainability and a vibrant social life. With a strong focus on eco-friendly living, many apartments in the area incorporate sustainable features such as non-toxic paint, rainwater harvesting, and low-flow fixtures. Community solar projects and proximity to parks and recreation areas further enhance the neighborhood's green credentials. For those who value social connections, Forest Park's restaurant scene, frequent transit options, well-designed street infrastructure, and high walk score create a dynamic and accessible community. With safety also a top consideration, renters can feel confident in their choice of neighborhood. Whether you're looking for a like-minded community or simply a great place to live, Forest Park is an excellent option.