Living in Springfield Gardens can be a welcome break from the hustle and bustle of big city life. Apartment living is one option for those who wish to live in this area. Apartments can be rented or purchased, and the average price for both is generally less than it is in other areas.

Before making the big move, there are a couple of different types of apartments to consider. First, there is the plain rental. These apartments have a median price of $1,550 per month. The median price of a studio is around $1,300, a one-bedroom is $1,100, two-bedrooms is $1,450, three-bedrooms is around $1,800 and a deluxe, four-bedroom rental is well over $2,000 per month.

Another type of living is purchasing an apartment. In Springfield Gardens, the median price of owning an apartment is around $319,000 for a studio. As the amount of bedrooms increase, so does the price. A two-bedroom suite will cost, on average, around $299,000. 50,000 more will get a three-bedroom. It will cost another 30,000 for a fourth bedroom.

For the do-it-yourselfer, there are a number of foreclosure apartments in and around the Springfield Gardens area. For a foreclosure property, a potential owner should expect to pay a median price of around $128,000 for a single bedroom. Add 30,000 for the second bedroom, 12,000 for the third bedroom and a whopping 130,000 for the fourth bedroom. Remember that foreclosure properties are most often sold “as is” and if there are any taxes or liens on the property not disclosed in the sale, the new owner may be responsible for them.

Keep in mind that the prices listed above are only “median” prices. In addition, prices fluctuate with the market, so what is for sale or rent at a great price today may be extremely higher next year.