Cheap Homes for Rent in Springfield, MO from $400 (68 Rentals)

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Search the lowest-cost Homes available for rent right now in Springfield.

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Springfield, MO Local Guide

Cheapest Neighborhoods for Apartments in Springfield, MO

Pricing Updated: 08/29/2025

Current apartment rentals in the Springfield, MO area range in price from $450 to $5,000 with an overall median price of $2,084. The three Springfield neighborhoods with the lowest median rent pricing are Northwest Springfield at $825, Walnut Street at $620, and Fairfield Acres at $450. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Springfield Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Northwest Springfield$850$8252
Walnut Street$1,200$6206
Fairfield Acres$1,245$4503
West Central$1,250$75013
Partners Of NW Springfield$1,395$8953
Southern Hills$1,395$8004
Midtown Springfield$1,595$9951
Central$1,740$62012
Northeast$1,750$62018
Woodland Heights$1,895$45036

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
Village Club1 Bedroom, 1 Bathroom1BR,1BA$600
Park East - CrescoGlass2BR,2BA$615
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
Oak Place1 bedroom1BR,1BA$625
El MadridEl Madrid StudioStudio,1BA$675
Seminole North ApartmentsSeminole North 1 Bedroom, 1 Bathroom1BR,1BA$675
Southwinds ApartmentsSouthwinds 1 Bedroom, 1 Bathroom1BR,1BA$695

Best Value Apartments for Rent in Springfield, MO

As of August 29, 2025 the best value apartment in the Springfield area is the $0.78 price per square foot Two Bedroom, Two Bathroom Model at Embassy Ozark in the starting from $900. The second greatest value Springfield apartment is the Campus Court 2 Bedroom, 1 Bath Townhome Model at Campus Court starting at $795 with a $0.72 price per square foot in the Central 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.
Embassy OzarkTwo Bedroom, Two Bathroom2BR,2BA$0.78
Campus CourtCampus Court 2 Bedroom, 1 Bath Townhome2BR,1BA$0.72
Town & Country Apartments2 Bedroom2BR,2BA$0.91
The 505 (MO)2 BEDROOM, 2 BATH2BR,2BA$0.78
TSHTSH 2 Bedroom, 2 Bathroom2BR,2BA$0.85
712 Flats2 Beds, 1.5 Baths2BR,1.5BA$0.85
Southwinds ApartmentsSouthwinds 1 Bedroom, 1 Bathroom1BR,1BA$0.86
Beartown TownhomesTwo Bedroom2BR,1BA$0.69
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Village Club1 Bedroom, 1 Bathroom1BR,1BA$0.80

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Springfield

What type of rentals are currently available in Springfield?

There are currently 607 Apartments for Rent in Springfield, MO with pricing that ranges from $499 to $5,185. There are also 192 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $450 to $5,000.

What is the current price range for Rental Homes in Springfield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Springfield ranges from $450 to $5,000 with an average monthly rent of $1,684.

How much are larger Three and Four Bedroom Rentals in Springfield?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Springfield range from $550 to $5,185, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $499.

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 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.

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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.

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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.