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$550 - $750Studio to 3 Bedroom Apartments Contact Us For Availability
Park East - The Sterling
312 Park Central ESpringfield, MO 65806
Cheap Apartments for Rent in the Downtown Springfield Neighborhood of Springfield, MO from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Springfield area of Springfield.
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$615 - $1,005Studio to 2 Bedroom Apartments Contact Us For Availability
Park East - Cresco
310 N Jefferson AveSpringfield, MO 65806
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$799 - $1,999Studio to 3 Bedroom Apartments Available Now
SoEl District Lofts
430 E Elm StSpringfield, MO 65806
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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$840 - $1,315Studio to 3 Bedroom Apartments Available Now
Wilhoit Plaza Lofts
431 S Jefferson AveSpringfield, MO 65806
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$950 - $3,0001 to 2 Bedroom Apartments Available Now
400 Place
400 E Walnut StSpringfield, MO 65806
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$950 - $2,1461 to 2 Bedroom Apartments Available Now
Heer's Luxury Living Lofts
138 Park Central SqSpringfield, MO 65806
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$9702 Bedroom Apartment Available Jun 1, 2026
512 S Main Ave, Unit B
512 S Main AveSpringfield, MO 65806
512 S Main Ave
SpringfieldMO65806
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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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313 Park Central E
SpringfieldMO65806
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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.
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Showing Results 1-19, 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 | $836 | $660 | $1,109 |
| Downtown Springfield 1 Bedroom Apartments | $1,229 | $605 | $3,000 |
| Downtown Springfield 2 Bedroom Apartments | $1,325 | $615 | $3,154 |
| Downtown Springfield 3 Bedroom Apartments | $1,278 | $550 | $2,025 |
| Downtown Springfield 4 Bedroom Apartments | $1,394 | $590 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 19 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
- Nearby Cities
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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 1 Bed unit found at Embassy Apartments priced from $699. SoEl District Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Downtown Springfield apartments for rent in Springfield, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Embassy Apartments | 1 Bed/1 Bath! Embassy Apartments - Close to MS... | 1BR,1BA | $699 |
| SoEl District Lofts | Studio/1 Bath/Floorplan B | Studio,1BA | $799 |
| Wilhoit Plaza Lofts | Studio | Studio,1BA | $840 |
| 400 Place | 1 Bedroom | 1BR,1BA | $950 |
| Heer's Luxury Living Lofts | Open 1 Bedroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in Downtown Springfield, MO
As of October 24, 2025 the best value apartment in the Downtown Springfield area is the $1.13 price per square foot 3 Bedroom Model at Artifacts Warehouse Lofts in the in the Central neighborhood starting from $1,470. The second greatest value Downtown Springfield apartment is the 2 Bedroom A Model at Heer's Luxury Living Lofts starting at $1,568 with a $1.45 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 | 3 Bedroom | 3BR,2BA | $1.13 |
| Heer's Luxury Living Lofts | 2 Bedroom A | 2BR,2BA | $1.45 |
| The 505 (MO) | 2 BEDROOM, 2 BATH | 2BR,2BA | $0.74 |
| Wilhoit Plaza Lofts | Studio | Studio ,1BA | $0.90 |
| SoEl District Lofts | 2 Bed/1.5 Bath with Loft/DELUXE | 2BR,1.5BA | $2.39 |
| 400 Place | 1 Bedroom | 1BR,1BA | $1.27 |
| Embassy Apartments | 1 Bed/1 Bath! Embassy Apartments - Close to MS... | 1BR,1BA | $1.04 |
| Pinnacle on the Park | 1x1 | 1BR,1BA | $1.59 |
| Vue on Walnut | Student Housing | S1 | Studio | Studio ,1BA | $2.72 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe 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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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.
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Pet Friendly LifestyleDowntown Springfield, Springfield, MO
Ranked #36
Among cities in Missouri 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 $1,100.
What is the price of a cheap apartment in Downtown Springfield?
The cheapest apartment in Downtown Springfield is Embassy Apartments which is listed at $699, while the average apartment in Downtown Springfield costs $1,480.
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 27 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 $553 which is $927 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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.