Cheap Apartments for Rent in Springfield, MO from $300 (235 Rentals)

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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.

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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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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.

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

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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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Springfield, MO Local Guide

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Cheapest Neighborhoods for Apartments in Springfield, MO

Pricing Updated: 09/09/2025

Current apartment rentals in the Springfield, MO area range in price from $499 to $5,495 with an overall median price of $1,948. The three Springfield neighborhoods with the lowest median rent pricing are Parkwood Survival at $499, Cooper Estates at $505, and Kingsbury Forest at $595. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Springfield Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Parkwood Survival$895$49972
Cooper Estates$1,055$50513
Kingsbury Forest$1,055$59526
Sherman Avenue$1,215$49976
Downtown Springfield$1,315$49990
Webster Park Shady Dell$1,380$499126
Outer Southwest Springfield$1,487$550139
Scenic Park$1,500$57591
Sherman Ave Project Area$1,500$499150
Golden Pond$1,525$69540

Cheapest Available Springfield Apartments for Rent

 

The cheapest available apartment rental in Springfield, MO is a 1 Bed unit found at Markwood in the Central neighborhood priced from $500. Park East - The Sterling in the Central neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $550. Here is today’s list of the most affordable Springfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
MarkwoodMarkwood 1 Bedroom, 1 Bathroom1BR,1BA$500
Park East - The SterlingThe Rathskellar3BR,3BA$550
North Terrace Apartments2 x 1 Small2BR,1BA$575
Park East - CrescoGlass2BR,2BA$615
Oak Place1 bedroom1BR,1BA$625
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
El MadridEl Madrid StudioStudio,1BA$675
Seminole North ApartmentsSeminole North 1 Bedroom, 1 Bathroom1BR,1BA$675
Delmar Meadows2 BR2BR,1BA$675

Best Value Apartments for Rent in Springfield, MO

As of September 09, 2025 the best value apartment in the Springfield area is the $0.72 price per square foot Campus Court 2 Bedroom, 1 Bath Townhome Model at Campus Court in the in the Central neighborhood starting from $795. The second greatest value Springfield apartment is the 2.1.5 (1,100) Model at Silver Springs starting at $975 with a $0.89 price per square foot in the Northeast 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.
Campus CourtCampus Court 2 Bedroom, 1 Bath Townhome2BR,1BA$0.72
Silver Springs2.1.5 (1,100)2BR,1.5BA$0.89
Chesterfield Village3 Bedroom, 2 Bath3BR,2BA$0.90
The 505 (MO)2 BEDROOM, 2 BATH2BR,2BA$0.78
TSHTSH 2 Bedroom, 2 Bathroom2BR,2BA$0.85
Delmar Meadows2 BR2BR,1BA$0.82
Southwinds ApartmentsSouthwinds 1 Bedroom, 1 Bathroom1BR,1BA$0.86
Beartown TownhomesTwo Bedroom2BR,1BA$0.69
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
930 W Poplar St, Unit A930 W Poplar St1BR,1BA$0.80

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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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

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See the most popular apartments and homes in Springfield, MO

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Getting Around Springfield, MO

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

52 / 100

Bikeable

Some 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 Springfield Apartments

What is a cheap apartment in Springfield?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Springfield is under $675.

What is the price of a cheap apartment in Springfield?

The cheapest apartment in Springfield is Markwood which is listed at $500, while the average apartment in Springfield costs $1,948.

What types of apartments are the cheapest in Springfield?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1,387 regular apartments in Springfield that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Springfield?

Cheap apartments in Springfield have an average cost of $295 which is $1,653 cheaper than the average rent for all rentals in Springfield.

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 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.

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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.

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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.