Cheap Apartments for Rent in the Parkwest Village Neighborhood of Springfield, MO from $500 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkwest 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.

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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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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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Montclair Pointe
1 to 2 Bedroom Apartments

Montclair Pointe

728 E Montclair StSpringfield, MO 65807
  • Utilities Included
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Golden Pond
Studio to 3 Bedroom Apartments

Golden Pond

3030 W Kingsley StSpringfield, MO 65807
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Coryell Commons
Studio to 3 Bedroom Apartments

Coryell Commons

248 E MonasterySpringfield, MO 65810
Senior Living
  • Utilities Included

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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Monarch
Studio to 3 Bedroom Apartments

Monarch

611 W Sunset StSpringfield, MO 65807
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Weaver Creek Apartments
1 to 3 Bedroom Apartments

Weaver Creek Apartments

5140 S Main AveSpringfield, MO 65810
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Tall Grass Apartments
1 to 3 Bedroom Apartments

Tall Grass Apartments

1029 W Battlefield StSpringfield, MO 65807
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Rockford Townhouses
2 Bedroom Apartments

Rockford Townhouses

1820 W Walnut Lawn StSpringfield, MO 65807
  • Utilities Included

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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The Carlyle Apartments
1 to 2 Bedroom Apartments

The Carlyle Apartments

923 W Battlefield StSpringfield, MO 65807
  • Utilities Included
Showing Results 1-43, Page 1 of 1

Parkwest Village, Springfield, MO Local Guide

Cheapest Available Parkwest Village Apartments for Rent

 

The cheapest available apartment rental in the Parkwest Village area of Springfield, MO is a 1 Bed unit found at Chace Place priced from $750. Old Monterey Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $792. Here are the most affordable Parkwest Village apartments for rent in Springfield, MO:

Apartment ListingModel NameBed/BathPriced From
Chace Place1 Bedroom1BR,1BA$750
Old Monterey ApartmentsAlpine One Bedroom1BR,1BA$792
Lakewood VillageStudioStudio,1BA$795
Coryell CommonsAshlynStudio,1BA$844
Park Place1.1 second floor upgraded1BR,1BA$850
Hunters GlenOne Bedroom1BR,1BA$864
Trail's Bend Apartments and TownhomesMicro StudioStudio,1BA$890
Maple Gardens1.11BR,1BA$895
Fairfield Village1.1 Upgraded1BR,1BA$895
Sunset Woodland Apartments1 Bedroom 1 Bath1BR,1BA$895

Best Value Apartments for Rent in Parkwest Village, MO

As of May 30, 2026 the best value apartment in the Parkwest Village area is the $1.16 price per square foot 2 Bed 2 Bath 1297 sq ft Model at The Woods Townhomes in the in the Parkwest Village neighborhood starting from $1,505. The second greatest value Parkwest Village apartment is the Duplex Model at Ben Steele Springfield starting at $1,295 with a $1.08 price per square foot in the Southwest Springfield neighborhood. Here is today’s list of the best values for Parkwest Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Woods Townhomes2 Bed 2 Bath 1297 sq ft2BR,2BA$1.16
Ben Steele SpringfieldDuplex2BR,2BA$1.08
Battlefield Park Apartments2 Bedroom - Ph 22BR,2BA$1.07
Quail Creek3 Bedroom Elite3BR,2BA$1.33
Willow Creek2 Bedroom, 2 Bathroom2BR,2BA$1.01
Arrowhead2 Bedroom2BR,2BA$1.00
Chesterfield Village2 Bedroom, 2 Bath2BR,2BA$1.10
Chace Place2 Bedroom2BR,2BA$0.88
Plainview Park1 Bedroom, 1 Bathroom1BR,1BA$1.19
Old Monterey ApartmentsAlpine One Bedroom1BR,1BA$1.27

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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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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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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Pet Friendly Lifestyle
Parkwest Village, Springfield, MO

Ranked #15

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Parkwest Village, Springfield, MO

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of rentals in areas across the United States, including Springfield. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, apartment communities for the kids, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Parkwest Village Apartments

What is a cheap apartment in Parkwest Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkwest Village is under $895.

What is the price of a cheap apartment in Parkwest Village?

The cheapest apartment in Parkwest Village is Chace Place which is listed at $750, while the average apartment in Parkwest Village costs $1,348.

What types of apartments are the cheapest in Parkwest Village?

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 3 regular apartments in Parkwest Village 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 Parkwest Village?

Cheap apartments in Parkwest Village have an average cost of $128 which is $1,220 cheaper than the average rent for all rentals in Parkwest Village.

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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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.

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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.

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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.

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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.