
Cheap Studio Apartments for Rent in the Downtown Springfield Neighborhood of Springfield, MO from $755 (4 Rentals)


Wilhoit Plaza Lofts
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

SoEl District Lofts

Founders Park Lofts
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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 | $875 | $755 | $1,113 |
| Downtown Springfield 1 Bedroom Apartments | $1,235 | $889 | $3,000 |
| Downtown Springfield 2 Bedroom Apartments | $1,181 | $615 | $3,220 |
| Downtown Springfield 3 Bedroom Apartments | $923 | $609 | $2,078 |
| Downtown Springfield 4 Bedroom Apartments | $825 | $550 | $2,473 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Springfield Neighborhood of Springfield, MO.
See all Apartments in SpringfieldExplore Springfield
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 $1,441.
What is the price of a cheap apartment in Downtown Springfield?
The cheapest apartment in Downtown Springfield is The Sterling which is listed at $755, while the average apartment in Downtown Springfield costs $1,050.
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 66 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 $785 which is $265 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.