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from $550Studio to 3 Bedroom Apartments Available Now
Park East - The Sterling
312 Park Central ESpringfield, MO 65806
Cheap Apartments for Rent in the Downtown Springfield Neighborhood of Springfield, MO from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Springfield area of Springfield.
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Rent Specials
from $655Studio to 2 Bedroom Apartments Available Now
Park East - Cresco
310 N Jefferson AveSpringfield, MO 65806
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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from $7751 to 4 Bedroom Apartments Available Now
Artifacts Warehouse Lofts
520 W Olive StSpringfield, MO 65806
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from $799Studio to 2 Bedroom Apartments Available Now
SoEl District Lofts
430 E Elm StSpringfield, MO 65806
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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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Downtown Springfield, Springfield, MO Local Guide
How much does it cost to rent an apartment in Downtown Springfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Springfield Studio Apartments | $845 | $660 | $1,118 |
| Downtown Springfield 1 Bedroom Apartments | $1,061 | $859 | $1,721 |
| Downtown Springfield 2 Bedroom Apartments | $1,128 | $629 | $3,000 |
| Downtown Springfield 3 Bedroom Apartments | $1,086 | $550 | $1,857 |
| Downtown Springfield 4 Bedroom Apartments | $971 | $499 | $2,260 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Springfield Neighborhood of Springfield, MO.
See all Apartments in SpringfieldExplore Springfield
Downtown Springfield, Springfield, MO Local Guide
- Nearby Springfield neighborhoods
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Cheapest Available Downtown Springfield Apartments for Rent
The cheapest available apartment rental in the Downtown Springfield area of Springfield, MO is a Studio unit found at Park East - The Sterling priced from $709. Embassy Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here are the most affordable Downtown Springfield apartments for rent in Springfield, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park East - The Sterling | The Miller | Studio,1BA | $709 |
| Embassy Apartments | Embassy Apartments - Close to MSU, Downtown Spf... | 2BR,1BA | $775 |
| Wilhoit Plaza Lofts | 2 Bedroom 1 Bath | 2BR,1BA | $795 |
| SoEl District Lofts | Studio/1 Bath/Floorplan B | Studio,1BA | $799 |
| Park East - Cresco | Hubble | Studio,1BA | $800 |
Best Value Apartments for Rent in Downtown Springfield, MO
As of June 22, 2025 the best value apartment in the Downtown Springfield area is the $0.96 price per square foot 2/2 Bedroom Model at Artifacts Warehouse Lofts in the in the Central neighborhood starting from $1,150. The second greatest value Downtown Springfield apartment is the 417 E Cherry St Model at 417 E Cherry St, Unit 1 starting at $900 with a $0.97 price per square foot in the Central neighborhood. Here is today’s list of the best values for Downtown Springfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Artifacts Warehouse Lofts | 2/2 Bedroom | 2BR,2BA | $0.96 |
| 417 E Cherry St, Unit 1 | 417 E Cherry St | 1BR,1BA | $0.97 |
| Embassy Apartments | Embassy Apartments - Close to MSU, Downtown Spf... | 2BR,1BA | $0.87 |
| Wilhoit Plaza Lofts | 2 Bedroom 1 Bath | 2BR,1BA | $0.92 |
| Park East - Sky Eleven | Woodruff | 1BR,1BA | $1.09 |
| Elevate Student Living - Deep Elm | D1 | 2BR,2BA | $0.97 |
| 400 Place | 1 Bedroom | 1BR,1BA | $1.16 |
| The 505 (MO) | STUDIO | Studio ,1BA | $1.56 |
| Park East - The U | The Terrazo | 1BR,1BA | $1.74 |
| Park East - Cresco | Stack | 1BR,1BA | $1.90 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Springfield, Springfield, MO
Ranked #28
Among neighborhoods in Springfield, MO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Downtown Springfield Neighborhood in Springfield, MO
Walk Score®
90 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
84 / 100
Very Bikeable
Biking is convenient for most trips
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 Downtown Springfield Apartments
What is a cheap apartment in Downtown Springfield?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Springfield is under $1,150.
What is the price of a cheap apartment in Downtown Springfield?
The cheapest apartment in Downtown Springfield is 400 Place which is listed at $870, while the average apartment in Downtown Springfield costs $1,253.
What types of apartments are the cheapest in Downtown 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 93 regular apartments in Downtown 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 Downtown Springfield?
Cheap apartments in Downtown Springfield have an average cost of $649 which is $604 cheaper than the average rent for all rentals in Downtown 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.
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.
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.
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.
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.