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$895 - $945Studio Apartments Available Now
Boomer Town Studios
824 S National AveSpringfield, MO 65804
Cheap Apartments for Rent in the Phelps Neighborhood of Springfield, MO from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Phelps area of Springfield.
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$899 - $1,699Studio to 3 Bedroom Apartments Available Aug 13
SoEl District Lofts
430 E Elm StSpringfield, MO 65806
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$1,000 - $1,9802 to 4 Bedroom Apartments Available Now
Bears Tower
600 E Harrison StSpringfield, MO 65806
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1 to 4 Bedroom Apartments
Magers Management - Student Housing
829-843 S Holland AveSpringfield, MO 65806
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Studio Apartments
504 Cherry St
504 Cherry StSpringfield, MO 65806
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Studio Apartments
432 E Harrison St
432 E Harrison StSpringfield, MO 65806
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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1 to 3 Bedroom Apartments
510 E Harrison
510 E HarrisonSpringfield, MO 65806
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1 to 2 Bedroom Apartments
The M @ 414
414 E Monroe StSpringfield, MO 65806
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Studio to 1 Bedroom Apartments
Springfield Commons
728 S Jefferson AveSpringfield, MO 65806
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2 Bedroom Apartments
The Christina Apartments
440 E Madison StSpringfield, MO 65806
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1 Bedroom Apartments
Jenny Lind Hall
711 S Jefferson AveSpringfield, MO 65806
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1 Bedroom Apartments
Colonial Courts
1102 E Elm StSpringfield, MO 65806
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.
Showing Results 1-12, 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 | $891 | $700 | $945 |
| Phelps 1 Bedroom Apartments | $864 | $720 | $1,149 |
| Phelps 2 Bedroom Apartments | $1,183 | $820 | $1,399 |
| Phelps 3 Bedroom Apartments | $1,479 | $1,115 | $1,699 |
| Phelps 4 Bedroom Apartments | $1,970 | $1,960 | $1,980 |
Browse Apartments in this Neighborhood
There are currently 12 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 Studio unit found at Beartown Flats priced from $700. Bear Garden Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here are the most affordable Phelps apartments for rent in Springfield, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beartown Flats | Upgraded Studio | Studio,1BA | $700 |
| Bear Garden Apartments | 1 bed, 1 bath Premium | 1BR,1BA | $770 |
| Boomer Town Studios | Scotsman-Furnished | Studio,1BA | $895 |
| Bears Tower | Tower C, July 1st | 2BR,2BA | $1,170 |
Best Value Apartments for Rent in Phelps, MO
As of June 07, 2026 the best value apartment in the Phelps area is the $1.09 price per square foot Tower A, August 1st Model at Bears Tower in the in the Central neighborhood starting from $1,960. The second greatest value Phelps apartment is the 2x1 Model at Bear Paw Commons starting at $599 with a $1.07 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. |
|---|---|---|---|
| Bears Tower | Tower A, August 1st | 4BR,4BA | $1.09 |
| 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 |
| Beartown Flats | Renovated Studio | Studio ,1BA | $2.24 |
| Boomer Town Studios | Scotsman-Furnished | Studio ,1BA | $2.29 |
Frequently Asked Questions about Cheap Phelps Apartments
What is a cheap apartment in Phelps?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Phelps is under $1,170.
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 8 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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
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.
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.