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$6791 Bedroom Apartments Available Oct 15
421 E Cherry St, Unit 10
421 E Cherry StSpringfield, MO 65806
Cheap Apartments for Rent in the Phelps Neighborhood of Springfield, MO from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Phelps area of Springfield.
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$700Studio Apartments Contact Us For Availability
Beartown Flats
431 E Harrison StSpringfield, MO 65806
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$720 - $1,215Studio to 3 Bedroom Apartments Available Now
Bear Garden Apartments
1010 E Elm StSpringfield, MO 65806
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$895 - $945Studio Apartments Available Sep 30
Boomer Town Studios
824 S National AveSpringfield, MO 65804
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$929 - $2,029
Total Monthly Price
Base Rent$929 - $2,029
Total Monthly PriceVaries
SoEl District Lofts
430 E Elm StSpringfield, MO 65806
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$995
Total Monthly Price
Base Rent$995
Total Monthly Price$995
429 E Madison St, Unit 429 E. Madison
429 E Madison StSpringfield, MO 65806
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$1,000 - $1,9802 to 4 Bedroom Apartments Contact Us For Availability
Bears Tower
600 E Harrison StSpringfield, MO 65806
1030 E Elm St
SpringfieldMO65806
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1 Bedroom Apartments
Jenny Lind Hall
711 S Jefferson AveSpringfield, MO 65806
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1 to 2 Bedroom Apartments
The M @ 414
414 E Monroe StSpringfield, MO 65806
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Studio to 1 Bedroom Apartments
Springfield Commons
728 S Jefferson AveSpringfield, MO 65806
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3 to 4 Bedroom Apartments
Brentwood Management - 520 Cherry
520 Cherry StSpringfield, MO 65806
1001 E Loren St
SpringfieldMO65807
600 Bear Blvd
SpringfieldMO65806
1357 S Florence Ave
SpringfieldMO65807
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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.
510 E Elm St
SpringfieldMO65806
Showing Results 1-16, Page 1 of 1
Phelps, Springfield, MO Local Guide
How much does it cost to rent an apartment in Phelps?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phelps Studio Apartments | $892 | $700 | $945 |
| Phelps 1 Bedroom Apartments | $860 | $679 | $1,179 |
| Phelps 2 Bedroom Apartments | $1,231 | $820 | $2,029 |
| Phelps 3 Bedroom Apartments | $1,503 | $1,115 | $1,729 |
| Phelps 4 Bedroom Apartments | $1,858 | $1,695 | $1,980 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Phelps Neighborhood of Springfield, MO.
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Cheapest Available Phelps Apartments for Rent
The cheapest available apartment rental in the Phelps area of Springfield, MO is a 1 Bed unit found at Bear Garden Apartments priced from $770. The Bay has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here are the most affordable Phelps apartments for rent in Springfield, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bear Garden Apartments | 1 bed, 1 bath Premium | 1BR,1BA | $770 |
| The Bay | 2BR/2.0BA | 2BR,2BA | $1,400 |
| Beverly Lofts | 2BR/2.0BA | 2BR,2BA | $1,425 |
Best Value Apartments for Rent in Phelps, MO
As of September 07, 2026 the best value apartment in the Phelps area is the $1.48 price per square foot 2BR/2.0BA Model at The Bay in the in the Central neighborhood starting from $1,400. The second greatest value Phelps apartment is the 2BR/2.0BA Model at Beverly Lofts starting at $1,425 with a $1.70 price per square foot in the Central neighborhood. Here is today’s list of the best values for Phelps apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bay | 2BR/2.0BA | 2BR,2BA | $1.48 |
| Beverly Lofts | 2BR/2.0BA | 2BR,2BA | $1.70 |
| 429 E Madison St, Unit 429 E. Madison | 429 E Madison St | 1BR,1BA | $1.24 |
| Bear Paw Commons | 2x1 | 2BR,1BA | $1.07 |
| Bear Village | Four Bedroom | 4BR,4BA | $1.16 |
| Bear Garden Apartments | 1 bed, 1 bath Premium | 1BR,1BA | $1.56 |
Frequently Asked Questions about Cheap Phelps Apartments
What types of apartments are the cheapest in Phelps?
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 7 regular apartments in Phelps that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.
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.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.