Cheap Apartments for Rent in Springfield, MN from $400 (23 Rentals)

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Downtown Estates
1 Bedroom Apartments

Downtown Estates

102 W Lincoln StSpringfield, MN 56087
Senior Living
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Lyon County Apartments
Studio to 1 Bedroom Apartments

Lyon County Apartments

200 S 4th StMarshall, MN 56258
Senior Living
  • Utilities Included
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200 10th Ave SE
1 to 2 Bedroom Apartments

200 10th Ave SE

200 10th Ave SEFairfax, MN 55332
  • Utilities Included
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Tanglewood Estates
1 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
  • Utilities Included
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701 N 7th St
1 Bedroom Apartments

701 N 7th St

701 N 7th StOlivia, MN 56277
  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1851 26th St
1 Bedroom Apartments

1851 26th St

1851 26th StSlayton, MN 56172
Senior Living
  • Utilities Included
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11 Park St N
1 Bedroom Apartments

11 Park St N

11 Park St NFairfax, MN 55332
  • Utilities Included
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1173 Dewey St
1 Bedroom Apartments

1173 Dewey St

1173 Dewey StWabasso, MN 56293
  • Utilities Included
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201 S Minnesota St
1 Bedroom Apartments

201 S Minnesota St

201 S Minnesota StRedwood Falls, MN 56283
  • Utilities Included
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200 1st Ave
1 Bedroom Apartments

200 1st Ave

200 1st AveSacred Heart, MN 56285
  • Utilities Included
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Westmar Apartments
2 Bedroom Apartments

Westmar Apartments

1002-1003 Pearl AveMarshall, MN 56258
  • 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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Autumn Glen Townhomes
1 Bedroom Apartments

Autumn Glen Townhomes

502-510 W 8th StWinthrop, MN 55396
  • Utilities Included
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36 Jefferson Ave E
1 to 2 Bedroom Apartments

36 Jefferson Ave E

36 Jefferson Ave EGaylord, MN 55334

Springfield, MN Local Guide

Cheapest Available Springfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Springfield, MN is a 2 Beds unit found at RC Square Apartments in the Downtown Marshall neighborhood priced from $625. Eytcheson Estates Sherburn has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Springfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RC Square Apartments2 Bedroom2BR,1BA$625
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$700
The Nexus233 - Studio B/1 BAStudio,1BA$795
1212 Heckman CtStudio1BR,1BA$800
Briarwood Estates901 Pearl Ave2BR,1BA$850

Best Value Apartments for Rent in Springfield, MN and Nearby

As of July 13, 2025 the best value apartment in the Springfield area is the $0.67 price per square foot Three Bedroom Model at River Bluff Townhomes in the starting from $950. The second greatest value Springfield apartment is the 3 Bedroom Model at Red Skye Lofts starting at $1,250 with a $0.91 price per square foot . 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.
River Bluff TownhomesThree Bedroom3BR,1.5BA$0.67
Red Skye Lofts3 Bedroom3BR,1BA$0.91
Windom Landing4 Bedroom - Lower Level4BR,2BA$0.71
Eagle Ridge TownhomesThree Bedroom3BR,1.5BA$0.75
Lakeside ApartmentsE - 3 Bedroom3BR,2BA$1.14
1212 Heckman CtStudioStudio ,1BA$0.89
RC Square Apartments2 Bedroom2BR,1BA$0.70
442 Belgrade AveTwo Bedroom2BR,1BA$1.13
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93

Quick Rent Budget Calculator

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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 Springfield, MN Rentals by Map

View MapSpringfield, MN Apartments MapView MapSpringfield, MN Rental Homes Map

Getting Around Springfield, MN

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 The Nexus listed at $795.

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

The lowest price for a Cheap One Bedroom Springfield Apartment is $800 at 1212 Heckman Ct.

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 $625 at RC Square Apartments.

What is the most affordable Springfield Three Bedroom Apartment?

The best deal on a cheap Springfield Three Bedroom Apartment rental is at River Bluff Townhomes and starts from $950.

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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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.