Cheap Homes for Rent in Springfield, MO from $600 (68 Rentals)

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property at 1009 E Walnut St

1009 E Walnut St

SpringfieldMO65806

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.

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.

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.

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.

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.

Springfield, MO Local Guide

Cheapest Neighborhoods for Apartments in Springfield, MO

Pricing Updated: 12/03/2025

Current apartment rentals in the Springfield, MO area range in price from $620 to $5,000 with an overall median price of $2,118. The three Springfield neighborhoods with the lowest median rent pricing are Fairfield Acres at $925, Northwest Springfield at $795, and Sherman Ave Project Area at $1,050. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Springfield Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fairfield Acres$925$9251
Northwest Springfield$950$7952
Sherman Ave Project Area$1,050$1,0502
Downtown Springfield$1,497$7852
Southern Hills$1,595$1,0008
Midtown Springfield$1,600$1,0008
Partners Of NW Springfield$1,625$1,6251
Outer North Springfield$1,722$62559
North Springfield$1,762$62074
Lakewood Village$1,795$1,2952

Cheapest Available Springfield Apartments for Rent

 

The cheapest available apartment rental in Springfield, MO is a 4 Beds unit found at The U at Park East in the Central neighborhood priced from $499. 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
The U at Park East4BR/4BA - The Drake4BR,4BA$499
North Terrace Apartments2 x 1 Small2BR,1BA$575
Village Club1 Bedroom, 1 Bathroom1BR,1BA$600
Cresco2BR/2BA - Glass2BR,2BA$615
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
Oak Place1 bedroom1BR,1BA$625
Scotsdale1 bedroom, 1 bathroom1BR,1BA$650
Village Club NorthGlen Isle 1 Bedroom, 1 Bathroom1BR,1BA$650
The SterlingStudio - The AngelinaStudio,1BA$660
Southwinds ApartmentsSouthwinds 1 Bedroom, 1 Bathroom1BR,1BA$695

Best Value Apartments for Rent in Springfield, MO

As of December 03, 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
The 505 (MO)2 BEDROOM, 2 BATH2BR,2BA$0.74
Hillcrest 902 Bedroom2BR,1BA$0.86
712 Flats2 Beds, 1.5 Baths2BR,1.5BA$0.82
Village Club2 Bedroom, 1 Bathroom2BR,1BA$0.81
Village Club NorthGlen Isle 2 Bedroom, 1 Bathroom2BR,1BA$0.84
Harvard1 Bedroom, 1 Bathroom1BR,1BA$0.71
Southwinds ApartmentsSouthwinds 1 Bedroom, 1 Bathroom1BR,1BA$0.86
North Terrace Apartments2 x 1 Small2BR,1BA$0.73

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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Quick Rent Budget Calculator

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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!

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Frequently Asked Questions about Springfield

What type of rentals are currently available in Springfield?

There are currently 636 Apartments for Rent in Springfield, MO with pricing that ranges from $499 to $5,395. There are also 274 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 $1,484.

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 $5,395, 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 $1,000 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.