Cheap Homes for Rent in Springfield, MO from $700 (83 Rentals)

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

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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property at 1104 N Campbell Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Mar 16

1104 N Campbell Ave

SpringfieldMO65802

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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property at 451 W Lombard St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

451 W Lombard St

SpringfieldMO65806

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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Springfield, MO Local Guide

Cheapest Neighborhoods for Apartments in Springfield, MO

Pricing Updated: 03/05/2026

Current apartment rentals in the Springfield, MO area range in price from $775 to $5,000 with an overall median price of $2,116. The three Springfield neighborhoods with the lowest median rent pricing are Downtown Springfield at $895, Fairfield Acres at $1,100, and Midtown Springfield at $850. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Springfield Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Springfield$895$8951
Fairfield Acres$1,175$1,1001
Midtown Springfield$1,195$8506
Sherman Ave Project Area$1,295$1,2951
Northwest Springfield$1,385$8255
Westside$1,522$78530
West Central$1,647$78511
Scenic Park$1,722$78527
Southern Hills$1,745$9505
Lakewood Village$1,750$1,3952

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$600
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
The U at Park East3BR/3BA - The Andres3BR,3BA$625
Cresco2BR/2BA - Glass2BR,2BA$655
Grandview Village1 bedroom1BR,1BA$675
Quail Ridge East ApartmentsQuail Ridge StudioStudio,1BA$675
Hillcrest 901 Bedroom1BR,1BA$695
TimbersTimbers 1 Bedroom, 1 Bathroom1BR,1BA$695

Best Value Apartments for Rent in Springfield, MO

As of March 05, 2026 the best value apartment in the Springfield area is the $0.75 price per square foot 1006 N 24th St Model at 1006 N 24th St, Unit Duplex 1006 N 24th St in the starting from $1,800. The second greatest value Springfield apartment is the A Model at Vintage Park starting at $1,200 with a $0.75 price per square foot . 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.
1006 N 24th St, Unit Duplex 1006 N 24th St1006 N 24th St4BR,3BA$0.75
Vintage ParkA2BR,1.5BA$0.75
South Valley Apartments2 Bed 2 Bath2BR,2BA$0.92
Embassy OzarkTwo Bedroom, Two Bathroom2BR,2BA$0.78
Ozark Mountain Crossing ApartmentsOzark 2 Bed/2 Bath Apartment Available!2BR,2BA$0.88
Village Club NorthGlen Isle 2 Bedroom, 1 Bathroom2BR,1BA$0.84
Aspen Heights Springfield2x2 Frisco A/B2BR,2BA$0.91
Rosewood Village2 Bedroom, 1 Bathroom2BR,1BA$0.92
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
MarkwoodMarkwood 1 Bedroom, 1 Bathroom1BR,1BA$0.89

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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Frequently Asked Questions about Springfield

What type of rentals are currently available in Springfield?

There are currently 633 Apartments for Rent in Springfield, MO with pricing that ranges from $505 to $5,812. There are also 222 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springfield ranging from $775 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 $775 to $5,000 with an average monthly rent of $1,782.

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 $5,812, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,225 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.