Cheap Homes for Rent in Springfield, MO from $600 (43 Rentals)

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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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 1355 E Norton Rd

1355 E Norton Rd

SpringfieldMO65803
property at 1353 E Norton Rd

1353 E Norton Rd

SpringfieldMO65803

Springfield, MO Local Guide

Cheapest Neighborhoods for Apartments in Springfield, MO

Pricing Updated: 05/10/2025

Current apartment rentals in the Springfield, MO area range in price from $360 to $3,305 with an overall median price of $1,774. The three Springfield neighborhoods with the lowest median rent pricing are Parkwood Survival at $550, Sherman Ave Project Area at $550, and Cooper Estates at $650. 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$950$55065
Sherman Ave Project Area$974$55075
Cooper Estates$1,005$6502
Southern Hills$1,005$59540
Rountree Area$1,012$55088
Sherman Avenue$1,150$55099
Golden Pond$1,439$57574
Outer Southwest Springfield$1,452$360146
Chesterfield Village$1,472$575105
Parkwest Village$1,495$52081

Cheapest Available Springfield Apartments for Rent

 

The cheapest available apartment rental in Springfield, MO is a 2 Beds unit found at Delmar Meadows in the Northwest neighborhood priced from $360. Markwood in the Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Springfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Delmar Meadows2 BR2BR,1BA$360
MarkwoodMarkwood 1 Bedroom, 1 Bathroom1BR,1BA$500
Scotsdale1 bedroom, 1 bathroom1BR,1BA$520
Park East - The UThe Drake4BR,4BA$575
North Terrace Apartments2 x 1 Small2BR,1BA$575
Oak Place1 bedroom1BR,1BA$625
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
Village Club NorthGlen Isle 1 Bedroom, 1 Bathroom1BR,1BA$650
Park East - CrescoGlass2BR,2BA$655
Seminole1 Bedroom, 1 Bath1BR,1BA$665

Best Value Apartments for Rent in Springfield, MO

As of May 10, 2025 the best value apartment in the Springfield area is the $0.77 price per square foot 4 Bedroom Model at Artifacts Warehouse Lofts in the in the Central neighborhood starting from $1,700. The second greatest value Springfield apartment is the 3 Bedroom 2 Bath Model at Wilhoit Plaza Lofts starting at $1,100 with a $0.92 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.
Artifacts Warehouse Lofts4 Bedroom4BR,2BA$0.77
Wilhoit Plaza Lofts3 Bedroom 2 Bath3BR,2BA$0.92
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
712 Flats2 Beds, 1.5 Baths2BR,1.5BA$0.85
Village Club NorthGlen Isle 1 Bedroom, 1 Bathroom1BR,1BA$0.72
Embassy ApartmentsEmbassy Apartments - Close to MSU, Downtown Spf...2BR,1BA$0.87
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 608 Apartments for Rent in Springfield, MO with pricing that ranges from $360 to $3,305. There are also 148 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 $1,683.

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 $3,300, 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 $1,650 and Four Bedroom Apartments start at $575.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.