Cheap Apartments for Rent in Springfield, AR from $500 (24 Rentals)

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Park Ridge at Conway
1 to 2 Bedroom Apartments

Park Ridge at Conway

1960 Rich Smith LnConway, AR 72032
  • Utilities Included

Springfield, AR Local Guide

Cheapest Available Springfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Springfield, AR is a Studio unit found at Cadron Commons priced from $545. Falcon Crest in the Outlying West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Springfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cadron CommonsStudioStudio,1BA$545
Falcon Crest1/1 with stove1BR,1BA$650
Fox RunStandard1BR,1BA$655
Salem ParkStandard1BR,1BA$655
GermantownStandard1BR,1BA$655

Best Value Apartments for Rent in Springfield, AR and Nearby

As of November 06, 2025 the best value apartment in the Springfield area is the $0.48 price per square foot 2BD 2BA Model at 320-330 Griffith St in the in the Conway neighborhood starting from $1,200. The second greatest value Springfield apartment is the D1TH Model at German Oaks Townhomes starting at $1,399 with a $0.90 price per square foot in the Conway neighborhood. Here is today’s list of the best values for Springfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
320-330 Griffith St2BD 2BA2BR,2BA$0.48
German Oaks TownhomesD1TH3BR,2.5BA$0.90
Magnolia GardensTriplex2BR,2BA$1.12
Centerstone Apartment HomesTwo Bedroom Flat w/ Garage2BR,2BA$1.09
Falcon Crest2/1 w/d hookups2BR,1BA$0.77
The Arbours Apartment HomesThe Rose Floorplan2BR,2BA$0.92
University Park Apartments2 Bedroom, 2 Bath - Large2BR,2BA$0.93
12 Hundred Place1 Bed 1 Bath1BR,1BA$1.13
Westbury Park Apartments1 Bedroom 1 Bath1BR,1BA$0.95
Cadron CommonsStudioStudio ,1BA$1.06

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Frequently Asked Questions about Cheap Springfield Apartments

What is the Cheapest Studio apartment in Springfield?

Currently the most affordable Cheap Studio Apartment in Springfield is at Cadron Commons listed at $545.

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

The lowest price for a Cheap One Bedroom Springfield Apartment is $650 at Falcon Crest.

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

Today's best deal for a Cheap Two Bedroom Apartment in Springfield is starting from $745 at Fox Run.

What is the most affordable Springfield Three Bedroom Apartment?

The best deal on a cheap Springfield Three Bedroom Apartment rental is at Sentinel of Conway Apartments and starts from $935.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.