Cheap Homes for Rent in Springfield, MO from $600 (59 Rentals)

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

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.

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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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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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Springfield, MO Local Guide

Cheapest Neighborhoods for Apartments in Springfield, MO

Pricing Updated: 04/22/2026

Current apartment rentals in the Springfield, MO area range in price from $505 to $9,895 with an overall median price of $1,968. The three Springfield neighborhoods with the lowest median rent pricing are Parkwood Survival at $505, Sherman Avenue at $550, and Downtown Springfield at $550. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Springfield Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Parkwood Survival$992$505128
Sherman Avenue$1,025$55082
Downtown Springfield$1,050$55081
Webster Park Shady Dell$1,082$505183
Kingsbury Forest$1,295$59558
Cooper Estates$1,410$50550
Rountree$1,485$53593
Sherman Ave Project Area$1,490$550176
Midtown Springfield$1,495$550174
Rountree Area$1,545$550168

Cheapest Available Springfield Apartments for Rent

 

The cheapest available apartment rental in Springfield, MO is a 2 Beds unit found at North Terrace Apartments in the Northeast neighborhood priced from $575. Aspen Springfield in the Central neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $599. Here is today’s list of the most affordable Springfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Terrace Apartments2 x 1 Small2BR,1BA$575
Aspen Springfield4 Bedroom - Boulder A4BR,4BA$599
Oak Place1 bedroom1BR,1BA$600
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
The U at Park East3BR/3BA - The Andres3BR,3BA$625
Eastview ApartmentsStudioStudio,1BA$650
Cresco2BR/2BA - Glass2BR,2BA$655
Grandview Village1 bedroom1BR,1BA$675
Quail Ridge East ApartmentsQuail Ridge StudioStudio,1BA$675
Seminole1 Bedroom, 1 Bath1BR,1BA$690

Best Value Apartments for Rent in Springfield, MO

As of April 22, 2026 the best value apartment in the Springfield area is the $0.85 price per square foot B Model at Vintage Park in the starting from $1,100. The second greatest value Springfield apartment is the 2 Bed 2 Bath Model at South Valley Apartments starting at $1,099 with a $0.92 price per square foot in the Southwest Springfield 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.
Vintage ParkB2BR,1BA$0.85
South Valley Apartments2 Bed 2 Bath2BR,2BA$0.92
Deeswood Village ApartmentsThe Loft2BR,1BA$0.93
Sugar WoodRemodeled 2 BR Townhouse2BR,1.5BA$0.95
308 Madison2/12BR,1BA$0.87
Ozark Mountain Crossing ApartmentsOzark 2 Bed/2 Bath Apartment Available!2BR,2BA$0.88
Hillcrest 902 Bedroom2BR,1BA$0.86
Village Club2 Bedroom, 1 Bathroom2BR,1BA$0.81
Meadowview Apartments2 Beds, 1.5 Baths2BR,1.5BA$0.94
North Terrace Apartments2 x 1 Small2BR,1BA$0.73

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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

Explore Springfield, MO Rentals by Map

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See the most popular apartments and homes in Springfield, MO

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Springfield, MO Rental Homes Map

Frequently Asked Questions about Springfield

What type of rentals are currently available in Springfield?

There are currently 640 Apartments for Rent in Springfield, MO with pricing that ranges from $505 to $9,895. There are also 204 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $650 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 $650 to $5,000 with an average monthly rent of $1,532.

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 $609 to $5,445, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $550.

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

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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.

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.