Cheap Apartments for Rent in the Midtown Springfield Neighborhood of Springfield, MO from $500 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Midtown Springfield area of Springfield.

Rent According to Income: A Look at Income-Restricted Rentals

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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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SoEl District Lofts
Rent Specials
$899 - $1,999

Total Monthly Price

Base Rent$899 - $1,999
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

SoEl District Lofts

430 E Elm StSpringfield, MO 65806
Student Housing
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  • Utilities Included
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The Oaks of Springfield
1 to 2 Bedroom Apartments

The Oaks of Springfield

1448 N Benton AveSpringfield, MO 65802
  • Utilities Included

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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Showing Results 1-39, Page 1 of 1

Midtown Springfield, Springfield, MO Local Guide

Cheapest Available Midtown Springfield Apartments for Rent

 

The cheapest available apartment rental in the Midtown Springfield area of Springfield, MO is a 4 Beds unit found at The U at Park East priced from $630. Forest Cove Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here are the most affordable Midtown Springfield apartments for rent in Springfield, MO:

Apartment ListingModel NameBed/BathPriced From
The U at Park East4BR/4BA - The Drake4BR, 4BA$630
Forest Cove Apartments2x1 - Forest Cove2BR, 1BA$650
Southwinds ApartmentsSouthwinds 1 Bedroom, 1 Bathroom1BR, 1BA$725
El MadridEl Madrid 1 Bedroom, 1 Bathroom1BR, 1BA$725
Bear Garden Apartments1 bed, 1 bath Premium1BR, 1BA$770
SankofaStudioStudio, 1BA$795
Rosewood Village2 Bedroom, 1 Bathroom2BR, 1BA$815
Stonewood ApartmentsStonewood 2 Bedroom2BR, 1BA$825
TSHTSH 2 Bedroom, 2 Bathroom2BR, 2BA$825
Sherwood Village ApartmentsStudio-P1Studio, 1BA$838

Best Value Apartments for Rent in Midtown Springfield, MO

As of September 22, 2026 the best value apartment in the Midtown Springfield area is the $0.91 price per square foot 3 Bed, 1.5 Bath Model at Forest Park Townhomes in the Northwest neighborhood starting from $1,395. The second greatest value Midtown Springfield apartment is the C2 | Three Bedroom Model at Vue on Walnut | Student Housing in the Central neighborhood starting at $839 with a $0.61 price per square foot. Here is today’s list of the best values for Midtown Springfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Forest Park Townhomes3 Bed, 1.5 Bath3BR, 1.5BA$0.91
Vue on Walnut | Student HousingC2 | Three Bedroom3BR, 3BA$0.61
Parkwood Apartments3 Beds, 2 Baths3BR, 2BA$1.08
TSHTSH 2 Bedroom, 2 Bathroom2BR, 2BA$0.89
Rosewood Village2 Bedroom, 1 Bathroom2BR, 1BA$0.96
Stonewood ApartmentsStonewood 2 Bedroom2BR, 1BA$0.98
Southwinds ApartmentsSouthwinds 1 Bedroom, 1 Bathroom1BR, 1BA$0.90
Sky Eleven2BR/2BA - Gillioz2BR, 2BA$0.90
The U at Park East2BR/2BA - The Sixty-One2BR, 2BA$0.92
Bear Paw Commons2x12BR, 1BA$1.07

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Best Local Schools in
Midtown Springfield, Springfield, MO

School data provided by Great Schools

Frequently Asked Questions about Cheap Midtown Springfield Apartments

What is a cheap apartment in Midtown Springfield?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Springfield is under $838.

What is the price of a cheap apartment in Midtown Springfield?

The cheapest apartment in Midtown Springfield is Southwinds Apartments which is listed at $725, while the average apartment in Midtown Springfield costs $1,000.

What types of apartments are the cheapest in Midtown Springfield?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 90 regular apartments in Midtown Springfield that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Midtown Springfield?

Cheap apartments in Midtown Springfield have an average cost of $697 which is $303 cheaper than the average rent for all rentals in Midtown Springfield.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.