Rent to Own Homes near Springfield, MA

Top Reasons to Live in Springfield MA

  • Springfield, Massachusetts was the first Springfield in the United States, and it is definitely the best of the 38 places across the country named Springfield. Springfield's motto is "Make it happen!" mostly because so many important inventions were created in the city: mass production and interchangeable parts, America's first car, and the first American musket at the Springfield Armory, which was the primary armory for the U.S. military from 1777 until it closed in 1968. And the best piece of history? Springfield was the birthplace of Dr. Seuss, and the inspiration for "And to Think That I Saw it on Mulberry Street!"

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  • Housing Statistics Springfield is a large city that appears to have weathered the housing recession well, and could be a good place to look for rent to own houses. Out of 61,700 housing units, only 5,000, or about 8 percent, are vacant. For rental apartments only, the vacancy rate drops to 3.7 percent. Interestingly, the number of housing units that are owner-occupied is about equal to the number that are renter-occupied. Between May and August 2013, the median price for homes sold increased significantly, and the median sale price over the past 12 months was $97,400.
  • Employers and Industries The top employers in the city are MassMutual Financial Group (which is headquartered in the city), Baystate Medical Center, and Mercy Medical Center. As for industries, healthcare is far and away the largest employer in the area, while other big industries include education, transportation, and manufacturing and technology. In fact, as of 2011, The Business Journal ranked Springfield the 24th most robust high-tech metropolitan center in the United States, with nearly 400 high-tech companies employing 13,700 people. Other companies headquartered in the city include Smith & Wesson Guns, Big Y Supermarkets, Merriam Webster, and Peter Pan Bus.
  • Outdoor Activities A big draw for tourists to the Springfield area is Six Flags New England, which is located in Agawam, just minutes from downtown Springfield. The park hosts the Bizarro roller coaster, ranked in one of the top two spots every year since 2000 for the Golden Ticket Awards by Amusement Today. It also has many other roller coasters and a large water park. Another big outdoor draw is the Big E, New England's collective State Fair, held each September. Another pleasant outdoor activity is walking around the city and admiring the Victorian "Painted Ladies" architecture, which has given Springfield the nickname, City of Homes.
  • Neighborhoods There are several distinct neighborhoods in Springfield. Besides Metro Center, which is where you'll find Main Street and most of the city's commercial activity, there are many pleasant residential areas to settle down in, such as: