104 W Main St
CottonwoodMN56229
Cheap Homes for Rent near Springfield, MN from $795 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Springfield.
312 1st Ave SW
WinnebagoMN56098
815 N 4th St
MankatoMN56001
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.
325.5 McKinley Ave
North MankatoMN56003
1611 5th Ave
MankatoMN56001
606 S Main St
Blue EarthMN56013
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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Springfield, MN Local Guide
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How much does it cost to rent a home in Springfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Springfield 2 Bedroom Homes for Rent | $1,557 | $875 | $2,100 |
| Springfield 3 Bedroom Homes for Rent | $1,673 | $1,095 | $2,295 |
| Springfield 4 Bedroom Homes for Rent | $1,785 | $1,425 | $2,270 |
| Springfield 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Springfield, MN Local Guide
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Cheapest Available Springfield Apartments for Rent and Nearby
The cheapest available apartment rental in Springfield, MN is a 5 Beds unit found at Highland Hills Apartments in the University neighborhood priced from $295. College Station in the University neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $427. Here is today’s list of the most affordable Springfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Hills Apartments | Highland East B | 5BR,2BA | $295 |
| College Station | 5 Bedroom 2 bath | 5BR,2BA | $427 |
| 512 Vernon Ave | One Bedroom | 1BR,1BA | $595 |
Best Value Apartments for Rent in Springfield, MN and Nearby
As of September 07, 2026 the best value apartment in the Springfield area is the $0.73 price per square foot Two Bedroom Model at Paris Park Townhomes in the in the Downtown Marshall neighborhood starting from $1,180. The second greatest value Springfield apartment is the 4bed/2bath Model at Windom Landing starting at $1,100 with a $0.76 price per square foot . Here is today’s list of the best values for Springfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Paris Park Townhomes | Two Bedroom | 2BR,1.5BA | $0.73 |
| Windom Landing | 4bed/2bath | 4BR,2BA | $0.76 |
| College Station | 5 Bedroom 2 bath | 5BR,2BA | $0.32 |
| 219 6th St SW | Three Bedroom | 3BR,2BA | $1.06 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| 512 Vernon Ave | Two Bedroom | 2BR,1BA | $0.87 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
| 501 W 1st St S | 1 BED/1 BATH | 1BR,1BA | $0.84 |
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.
Read Article
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.
Read ArticleReal 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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Frequently Asked Questions about Springfield
What type of rentals are currently available in Springfield?
There are currently 96 Apartments for Rent in Springfield, MN with pricing that ranges from $295 to $2,415. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $795 to $3,800.
What is the current price range for Rental Homes in Springfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Springfield ranges from $795 to $3,800 with an average monthly rent of $1,674.
How much are larger Three and Four Bedroom Rentals in Springfield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Springfield range from $1,150 to $2,415, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,100.
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
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.
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.
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.
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.