Cheap Apartments for Rent near Half Way, MO from $505 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Half Way.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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SoEl District Lofts
$929 - $2,029

Total Monthly Price

Base Rent$929 - $2,029
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Sep 14

SoEl District Lofts

430 E Elm StSpringfield, MO 65806
Student Housing
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  • Utilities Included
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Oak Place
1 Bedroom Apartments

Oak Place

1141-1157 E Norton RdSpringfield, MO 65803
  • Utilities Included
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Embassy Apartments
Studio to 2 Bedroom Apartments

Embassy Apartments

927-937 E Elm StSpringfield, MO 65806
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The Willows
Studio to 3 Bedroom Apartments

The Willows

413 Doxey StStrafford, MO 65757
  • Utilities Included
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Cherry Plaza
2 Bedroom Apartments

Cherry Plaza

1210 E Cherry StSpringfield, MO 65802

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Boyd Lofts
1 to 2 Bedroom Apartments

Boyd Lofts

1409 N Washington AveSpringfield, MO 65802

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Half Way, MO Local Guide

Cheapest Available Half Way Apartments for Rent and Nearby

 

The cheapest available apartment rental in Half Way, MO is a 2 Beds unit found at North Terrace Apartments in the Northeast neighborhood priced from $575. The U at Park East in the Central neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $630. Here is today’s list of the most affordable Half Way apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Terrace Apartments2 x 1 Small2BR,1BA$575
The U at Park East4BR/4BA - The Drake4BR,4BA$630
El Chaparral ApartmentsEl Chaparral 1 Bedroom, 1 Bathroom1BR,1BA$725
El MadridEl Madrid 1 Bedroom, 1 Bathroom1BR,1BA$725
The Greens at SpringfieldClassic1BR,1BA$755
Orchard Park ApartmentsStudio BStudio,1BA$780
English Village2 Bedroom, 1 Bathroom2BR,1BA$795
English Village II1 Bedroom, 1.5 Bathroom1BR,1BA$795
SankofaStudioStudio,1BA$795
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$800

Best Value Apartments for Rent in Half Way, MO and Nearby

As of September 09, 2026 the best value apartment in the Half Way area is the $0.61 price per square foot C2 | Three Bedroom Model at Vue on Walnut | Student Housing in the in the Central neighborhood starting from $839. The second greatest value Half Way apartment is the 3 Beds, 2 Baths Model at Parkwood Apartments starting at $1,300 with a $1.08 price per square foot in the Northeast neighborhood. Here is today’s list of the best values for Half Way apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vue on Walnut | Student HousingC2 | Three Bedroom3BR,3BA$0.61
Parkwood Apartments3 Beds, 2 Baths3BR,2BA$1.08
East Manor ApartmentsEast Manor 2 Bedroom, 1 Bathroom2BR,1BA$0.88
The 505 (MO)2 BEDROOM, 2 BATH2BR,2BA$0.71
English Village2 Bedroom, 1 Bathroom2BR,1BA$0.96
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Sky Eleven2BR/2BA - Gillioz2BR,2BA$0.90
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.07
The U at Park East2BR/2BA - The Sixty-One2BR,2BA$0.92
English Village II1 Bedroom, 1.5 Bathroom1BR,1.5BA$1.13

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Half Way, MO Rentals by Map

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Frequently Asked Questions about Cheap Half Way Apartments

What is the Cheapest Studio apartment in Half Way?

Currently the most affordable Cheap Studio Apartment in Half Way is at Orchard Park Apartments listed at $780.

How much is rent for a Cheap One Bedroom Half Way Apartment?

The lowest price for a Cheap One Bedroom Half Way Apartment is $725 at El Chaparral Apartments.

What is the lowest price for a Cheap Two Bedroom Half Way Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Half Way is starting from $575 at North Terrace Apartments.

What is the most affordable Half Way Three Bedroom Apartment?

The best deal on a cheap Half Way Three Bedroom Apartment rental is at The U at Park East and starts from $645.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.