Cheap Apartments for Rent in the Lakewood Village Neighborhood of Springfield, MO from $300 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakewood Village area of 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.

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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Culpepper Court Townhomes
Studio to 2 Bedroom Apartments

Culpepper Court Townhomes

3440 S Culpepper CtSpringfield, MO 65804
  • Utilities Included
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Montclair Pointe
1 to 2 Bedroom Apartments

Montclair Pointe

728 E Montclair StSpringfield, MO 65807
  • Utilities Included

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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Greystone Apartments
1 to 3 Bedroom Apartments

Greystone Apartments

1061 E Battlefield StSpringfield, MO 65807
  • Utilities Included
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Coryell Commons
Studio to 3 Bedroom Apartments

Coryell Commons

248 E MonasterySpringfield, MO 65810
Senior Living
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The Abbey Apartments
Studio to 3 Bedroom Apartments

The Abbey Apartments

1530 E Erie StSpringfield, MO 65804
  • Utilities Included
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Cambium Apartments
Studio to 2 Bedroom Apartments

Cambium Apartments

3811 S Weller AveSpringfield, MO 65804

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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Primrose Circle
2 Bedroom Apartments

Primrose Circle

2123-2124 E Macs CtSpringfield, MO 65804
  • Utilities Included
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Weaver Creek Apartments
1 to 3 Bedroom Apartments

Weaver Creek Apartments

5140 S Main AveSpringfield, MO 65810
  • Utilities Included

Cheapest Available Lakewood Village Apartments for Rent

 

The cheapest available apartment rental in the Lakewood Village area of Springfield, MO is a 1 Bed unit found at Fairway priced from $750. Lakewood Village has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Lakewood Village apartments for rent in Springfield, MO:

Apartment ListingModel NameBed/BathPriced From
Fairway1 Bedroom1BR,1BA$750
Lakewood VillageStudioStudio,1BA$795
Gazebo Apartments1 Bedroom Standard1BR,1BA$800
Campbell Flats1x1.51BR,1BA$825
Coryell CommonsAshlynStudio,1BA$844
Fremont LandingFremont Landing 2 Bedroom, 2 Bathroom2BR,2BA$850
Battlefield Park ApartmentsStudio - Ph 2Studio,1BA$885
VerandasStudio AStudio,1BA$915
Cambium ApartmentsMicro StudioStudio,1BA$934
Plainview Park1 Bedroom, 1 Bathroom1BR,1BA$950

Best Value Apartments for Rent in Lakewood Village, MO

As of May 30, 2026 the best value apartment in the Lakewood Village area is the $1.48 price per square foot Pinehurst Model at The Edge Luxury Apartments in the in the Southeast Springfield neighborhood starting from $1,362. The second greatest value Lakewood Village apartment is the O'Keeffe Model at Kelly Greens Apartments starting at $1,090 with a $1.21 price per square foot in the Southeast Springfield neighborhood. Here is today’s list of the best values for Lakewood Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Edge Luxury ApartmentsPinehurst2BR,2BA$1.48
Kelly Greens ApartmentsO'Keeffe2BR,1BA$1.21
Arrowhead2 Bedroom2BR,2BA$1.00
Campbell Flats1x1.51BR,1.5BA$0.95
Bradford ParkBradford Park 2 Bedroom, 2 Bathroom2BR,2BA$1.14
Fremont LandingFremont Landing 2 Bedroom, 2 Bathroom2BR,2BA$1.03
Plainview Park1 Bedroom, 1 Bathroom1BR,1BA$1.19
Fairway1 Bedroom1BR,1BA$1.00
Gazebo Apartments1 Bedroom Standard1BR,1BA$1.45
Lakewood VillageStudioStudio ,1BA$1.54

Frequently Asked Questions about Cheap Springfield Apartments

What is the Cheapest Studio apartment in Springfield?

Currently the most affordable Cheap Studio Apartment in Springfield is at Greenway Studios listed at $735.

How much is rent for a Cheap One Bedroom Springfield Apartment?

The lowest price for a Cheap One Bedroom Springfield Apartment is $600 at Oak Place.

What is the lowest price for a Cheap Two Bedroom Springfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Springfield is starting from $575 at North Terrace Apartments.

What is the most affordable Springfield Three Bedroom Apartment?

The best deal on a cheap Springfield Three Bedroom Apartment rental is at The U at Park East and starts from $625.

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.