Memorial Square

Springfield, MA

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Memorial Square - Springfield, MA

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Classic New England charm at the heart of Hartford.

Medical Healthcare Walkable Historic Schools

Memorial Square is a picturesque community full of historic buildings and attractive homes near the Connecticut River. Main Street runs the length of the neighborhood, giving all residents easy access to shopping and dining as well as a direct route to the historic downtown district.

Numerous healthcare facilities (including three major hospitals) sit within easy walking distance, making Memorial Square a perfect location for medical professionals to call home. The abundant public parks of every size and description give all residents convenient access to outdoor fun.

Rent Trends

As of March 2025, the average apartment rent in Memorial Square is $862 for one bedroom, $1,182 for two bedrooms, and $1,367 for three bedrooms. Apartment rent in Memorial Square has increased by 6.2% in the past year.

  • 1 BR

  • 585 sq ft

    Average Sq Ft

  • $862/month

    Average Rent

  • 2 BR

  • 773 sq ft

    Average Sq Ft

  • $1,182/month

    Average Rent

  • 3 BR

  • 550 sq ft

    Average Sq Ft

  • $1,367/month

    Average Rent

Transportation

73

Very Walkable

out of 100 WalkScore® Rating

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

69

Excellent Transit

out of 100 TransitScore® Rating

You’ll have excellent transit living in this area, with several nearby transit stops.

54

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Points of Interest

Parks and Recreation

  • Springfield Science Museum
  • Springfield Armory National Historic Site
  • Robinson State Park
  • Lake Lorraine State Park
  • Holyoke Heritage State Park

Airports

  • Bradley International

Top Apartments in Memorial Square

Property Management Companies

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.