Cheap Apartments for Rent in Springfield, MO from $300 (242 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

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 Article
Showing Results 1-50, Page 1 of 5

Springfield, MO Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Springfield, MO

Pricing Updated: 02/03/2026

Current apartment rentals in the Springfield, MO area range in price from $750 to $5,000 with an overall median price of $2,139. The three Springfield neighborhoods with the lowest median rent pricing are Sherman Ave Project Area at $1,050, Northwest Springfield at $825, and Southern Hills at $865. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Springfield Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sherman Ave Project Area$1,050$1,0502
Northwest Springfield$1,200$8252
Southern Hills$1,295$8655
Partners Of NW Springfield$1,495$1,4951
Downtown Springfield$1,695$1,6951
Rountree Area$1,750$1,6501
Midtown Springfield$1,800$8957
Lakewood Village$1,895$1,2953
Spring Creek$1,895$1,2953
North Springfield$1,950$75057

Cheapest Available Springfield Apartments for Rent

 

The cheapest available apartment rental in Springfield, MO is a 4 Beds unit found at The U at Park East in the Central neighborhood priced from $499. North Terrace Apartments in the Northeast neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable Springfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The U at Park East4BR/4BA - The Drake4BR,4BA$499
North Terrace Apartments2 x 1 Small2BR,1BA$575
712 Flats1 Beds, 1 Baths1BR,1BA$600
Oak Place1 bedroom1BR,1BA$600
Cresco2BR/2BA - Glass2BR,2BA$615
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
Eastview ApartmentsStudioStudio,1BA$650
The SterlingStudio - The AngelinaStudio,1BA$660
Rosewood Village1 Bedroom, 1 Bathroom1BR,1BA$685
Hillcrest 901 Bedroom1BR,1BA$695

Best Value Apartments for Rent in Springfield, MO

As of February 03, 2026 the best value apartment in the Springfield area is the $0.75 price per square foot 1006 N 24th St Model at 1006 N 24th St, Unit Duplex 1006 N 24th St in the starting from $1,800. The second greatest value Springfield apartment is the 3 Bedroom, 1.5 Bathroom Townhome Model at Oakwood Townhomes starting at $895 with a $0.54 price per square foot in the Northwest 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.
1006 N 24th St, Unit Duplex 1006 N 24th St1006 N 24th St4BR,3BA$0.75
Oakwood Townhomes3 Bedroom, 1.5 Bathroom Townhome3BR,1.5BA$0.54
Vintage ParkA2BR,1.5BA$0.75
416 S Campbell Ave, Unit 416416 S Campbell Ave2BR,1BA$0.92
South Valley Apartments2 Bed 2 Bath2BR,2BA$0.92
TSHTSH 2 Bedroom, 2 Bathroom2BR,2BA$0.85
Ozark Mountain Crossing ApartmentsOzark 2 Bed/2 Bath Apartment Available!2BR,2BA$0.88
Meadowview Apartments2 Beds, 1.5 Baths2BR,1.5BA$0.94
712 Flats1 Beds, 1 Baths1BR,1BA$0.74
North Terrace Apartments2 x 1 Small2BR,1BA$0.73

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
Decorative image

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Springfield Overview

Springfield is the third largest city in Missouri. It is a commercial center and acts as the gateway to the Ozark Mountains. It is an important agricultural center that has been rapidly growing and strengthening the national economy over the years. Located on the Ozark plateau, it has a flat and gentle rolling terrain with areas of farmland and deciduous forest. A wide variety of Springfield apartments found all over the city make living here fantastic.

Why live in Springfield, MO?

Living in Springfield is easy since it has all one would need. It has a growing job market with 8.5% workforce growth in the last four years, making it the best place to fast-track your career. With Springfield Apartments costing 25% less than the national average, you can easily afford the home you have always wanted. Commuting is easy with less than 20 minutes average for you to get to your destination, and the vibrancy as well as friendliness of Springfield residents is incomparable. It is the ultimate place for those who love the outdoors with verdant woodlands, pristine lakes, and sparkling streams, making it perfect for outdoor adventures.

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

Explore Springfield, MO Rentals by Map

Decorative image of map

See the most popular apartments and homes in Springfield, MO

View Map
Springfield, MO Apartments Map
View Map
Springfield, MO Rental Homes Map

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 Eastview Apartments listed at $650.

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

The lowest price for a Cheap One Bedroom Springfield Apartment is $600 at 712 Flats.

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 $575 at The U at Park East.

What is the most affordable Springfield Three Bedroom Apartment?

The best deal on a cheap Springfield Three Bedroom Apartment rental is at The U at Park East and starts from $550.

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.