Cheap Homes for Rent in Springfield, MO from $600 (57 Rentals)

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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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 1355 E Norton Rd

1355 E Norton Rd

SpringfieldMO65803
property at 2209 W Calhoun St

2209 W Calhoun St

SpringfieldMO65802
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Springfield, MO Local Guide

Cheapest Neighborhoods for Apartments in Springfield, MO

Pricing Updated: 06/22/2025

Current apartment rentals in the Springfield, MO area range in price from $620 to $5,000 with an overall median price of $2,526. The three Springfield neighborhoods with the lowest median rent pricing are Walnut Street at $620, Midtown Springfield at $1,050, and Northwest Springfield at $895. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Springfield Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Walnut Street$1,000$6204
Midtown Springfield$1,112$1,0502
Northwest Springfield$1,160$8953
Sherman Avenue$1,175$7507
Southern Hills$2,100$8953
Downtown Springfield$2,195$1,9952
Golden Pond$2,199$95016
North Springfield$2,499$62035
Outer North Springfield$2,499$75020
Outer Southwest Springfield$2,599$79532

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. North Terrace Apartments in the Northeast neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. 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
North Terrace Apartments2 x 1 Small2BR,1BA$575
Oak Place1 bedroom1BR,1BA$625
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
Eastview ApartmentsStudioStudio,1BA$650
Greenway StudiosStudioStudio,1BA$655
Seminole North ApartmentsSeminole North 1 Bedroom, 1 Bathroom1BR,1BA$675
Rosewood Village1 Bedroom, 1 Bathroom1BR,1BA$685
Southwinds ApartmentsSouthwinds 1 Bedroom, 1 Bathroom1BR,1BA$695
El Chaparral ApartmentsEl Chaparral 1 Bedroom, 1 Bathroom1BR,1BA$695

Best Value Apartments for Rent in Springfield, MO

As of June 22, 2025 the best value apartment in the Springfield area is the $0.84 price per square foot 2 Bed 2 Bath Model at South Valley Apartments in the in the Southwest Springfield neighborhood starting from $999. The second greatest value Springfield apartment is the 2 Beds, 2 Baths Model at Parkwood Apartments starting at $975 with a $0.89 price per square foot in the Northeast 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.
South Valley Apartments2 Bed 2 Bath2BR,2BA$0.84
Parkwood Apartments2 Beds, 2 Baths2BR,2BA$0.89
Ozark Mountain Crossing ApartmentsOzark 2 Bed/2 Bath Apartment Available!2BR,2BA$0.86
Embassy ApartmentsEmbassy Apartments - Close to MSU, Downtown Spf...2BR,1BA$0.87
Wilhoit Plaza Lofts2 Bedroom 1 Bath2BR,1BA$0.92
English Village2 Bedroom, 1 Bathroom2BR,1BA$0.91
712 Flats1 Beds, 1 Baths1BR,1BA$0.92
Southwinds ApartmentsSouthwinds 1 Bedroom, 1 Bathroom1BR,1BA$0.86
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
MarkwoodMarkwood 1 Bedroom, 1 Bathroom1BR,1BA$0.87

Quick Rent Budget Calculator

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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Frequently Asked Questions about Springfield

What type of rentals are currently available in Springfield?

There are currently 605 Apartments for Rent in Springfield, MO with pricing that ranges from $499 to $4,187. There are also 183 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $620 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 $620 to $5,000 with an average monthly rent of $1,914.

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 $4,149, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,385 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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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.

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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.

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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.