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$6471 Bedroom Apartments Available Now
309 S Jefferson Ave, Unit 114
309 S Jefferson AveSpringfield, MO 65806
Cheap Apartments for Rent in the Downtown Springfield Neighborhood of Springfield, MO from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Springfield area of Springfield.
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Rent Specials
$655 - $1,025Studio to 2 Bedroom Apartments Available Now
Cresco
310 N Jefferson AveSpringfield, MO 65806
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$8202 Bedroom Apartments Available Now
309 S Jefferson Ave, Unit 005
309 S Jefferson AveSpringfield, MO 65806
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Rent Specials
$840 - $1,315Studio to 3 Bedroom Apartments Contact Us For Availability
Wilhoit Plaza Lofts
431 S Jefferson AveSpringfield, MO 65806
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1 to 2 Bedroom Apartments
Lumen
728 E Walnut StSpringfield, MO 65806
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1 to 2 Bedroom Apartments
The Courtyard on Walnut
926 E Walnut StSpringfield, MO 65806
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.
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Studio to 1 Bedroom Apartments
Stove Works Lofts
505 N Jefferson AveSpringfield, MO 65806
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Studio to 3 Bedroom Apartments
Embassy Apartments
927-937 E Elm StSpringfield, MO 65806
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Studio to 3 Bedroom Apartments
Founders Park Lofts
331 E Water StSpringfield, MO 65806
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1 to 2 Bedroom Apartments
Walnut Apartments
700-720 E Walnut StSpringfield, MO 65806
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1 to 2 Bedroom Apartments
Pinnacle on the Park
525 S Campbell AveSpringfield, MO 65806
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Studio to 2 Bedroom Apartments
Brewery District Flats
535 W Walnut StSpringfield, MO 65806
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.
Showing Results 1-12, Page 1 of 1
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 | $926 | $840 | $1,078 |
| Downtown Springfield 1 Bedroom Apartments | $1,211 | $647 | $3,000 |
| Downtown Springfield 2 Bedroom Apartments | $1,200 | $615 | $3,876 |
| Downtown Springfield 3 Bedroom Apartments | $1,117 | $609 | $1,875 |
| Downtown Springfield 4 Bedroom Apartments | $2,587 | $550 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Springfield Neighborhood of Springfield, MO.
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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 3 Beds unit found at The U at Park East priced from $625. Cresco has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Downtown Springfield apartments for rent in Springfield, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The U at Park East | 3BR/3BA - The Andres | 3BR,3BA | $625 |
| Cresco | Studio - Hubble | Studio,1BA | $840 |
| Pinnacle on the Park | 1x1 | 1BR,1BA | $866 |
| Sky Eleven | 1BR/1BA - Hunt | 1BR,1BA | $939 |
| 400 Place | 1 Bedroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in Downtown Springfield, MO
As of July 24, 2026 the best value apartment in the Downtown Springfield area is the $0.93 price per square foot 3BR/2.0BA Model at Artifacts Warehouse in the in the Central neighborhood starting from $1,475. The second greatest value Downtown Springfield apartment is the 2 Bedroom A - Furnished Model at Heer's Luxury Living starting at $2,244 with a $2.18 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 | 3BR/2.0BA | 3BR,2BA | $0.93 |
| Heer's Luxury Living | 2 Bedroom A - Furnished | 2BR,2BA | $2.18 |
| Vue on Walnut | Student Housing | B1 | Two Bedroom | 2BR,2BA | $0.94 |
| The U at Park East | 2BR/2BA - The Kirkenmeyer | 2BR,2BA | $0.74 |
| 400 Place | 1 Bedroom | 1BR,1BA | $1.27 |
| The 505 (MO) | 1 BEDROOM, 1 BATH | 1BR,1BA | $2.04 |
| Sky Eleven | 1BR/1BA - Hunt | 1BR,1BA | $1.53 |
| Pinnacle on the Park | 1x1 | 1BR,1BA | $1.57 |
| Cresco | Studio - Hubble | Studio ,1BA | $1.98 |
Frequently Asked Questions about Cheap Downtown Springfield Apartments
What is the price of a cheap apartment in Downtown Springfield?
The cheapest apartment in Downtown Springfield is Pinnacle on the Park which is listed at $866, while the average apartment in Downtown Springfield costs $1,200.
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 55 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 $1,118 which is $82 cheaper than the average rent for all rentals in Downtown Springfield.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.