Cheap Apartments for Rent in Phillipsburg, MO from $500 (41 Rentals)

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

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Wyota Commons
Studio Apartments

Wyota Commons

1221 Millcreek RdLebanon, MO 65536
  • Utilities Included
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Wyota Commons West
Studio Apartments

Wyota Commons West

2071 W Elm StLebanon, MO 65536
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Wynnewood
1 Bedroom Apartments

Wynnewood

3342 E Linwood StSpringfield, MO 65804
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Phillipsburg, MO Local Guide

Cheapest Available Phillipsburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Phillipsburg, MO is a 2 Beds unit found at North Terrace Apartments in the Northeast neighborhood priced from $575. Forest Cove Apartments in the Northeast neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Phillipsburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Terrace Apartments2 x 1 Small2BR,1BA$575
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
Oak Place1 bedroom1BR,1BA$625
El MadridEl Madrid StudioStudio,1BA$675
The Greens at SpringfieldClassic1BR,1BA$755
Spirit of St. LouisStudio1BR,1BA$795
Meadowview Apartments2 bed 1.5 bath2BR,1BA$825
Concord Manor ApartmentsConcord 1 Bedroom - Stackable W/D Included1BR,1BA$845
Logan Heights1bd/1ba (walk-in closet in bathroom with shower)1BR,1BA$849
Deeswood Village ApartmentsThe Loft2BR,1BA$875

Best Value Apartments for Rent in Phillipsburg, MO and Nearby

As of August 27, 2025 the best value apartment in the Phillipsburg area is the $1.00 price per square foot Duplex Model at The Willows in the starting from $1,800. The second greatest value Phillipsburg apartment is the 3 Bedroom/3 Bath, June 1 Model at Bear Place starting at $1,500 with a $1.00 price per square foot in the Central neighborhood. Here is today’s list of the best values for Phillipsburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The WillowsDuplex3BR,2BA$1.00
Bear Place3 Bedroom/3 Bath, June 13BR,3BA$1.00
Coryell Courts Apartments3B Furnished George3BR,2BA$1.30
The Lodges at Logan Estates2 Bed, 2 Bath, 1 Car Garage2BR,2BA$1.11
Dryden3 Bedroom, 1.5 Bathroom Townhome - Renovated3BR,1.5BA$1.23
Meadowview Apartments2 bed 1.5 bath2BR,1.5BA$0.92
1940 Place2 bedroom2BR,1BA$1.06
Deeswood Village ApartmentsThe Flat2BR,1BA$1.06
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Concord Manor ApartmentsConcord 1 Bedroom - Stackable W/D Included1BR,1BA$1.21

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

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Getting Around Phillipsburg, MO

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Phillipsburg Apartments

How much is rent for a Cheap One Bedroom Phillipsburg Apartment?

The lowest price for a Cheap One Bedroom Phillipsburg Apartment is $625 at Oak Place.

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

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

What is the most affordable Phillipsburg Three Bedroom Apartment?

The best deal on a cheap Phillipsburg Three Bedroom Apartment rental is at Dryden and starts from $1,295.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.