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from $645Studio to 1 Bedroom Apartments Contact Us For Availability
Central Flats
431 E Harrison StSpringfield, MO 65806
Cheap Apartments for Rent in the Phelps Neighborhood of Springfield, MO from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Phelps area of Springfield.
740 E Grand St
SpringfieldMO65807
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from $799Studio to 2 Bedroom Apartments Available Now
SoEl District Lofts
430 E Elm StSpringfield, MO 65806
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from $9001 Bedroom Apartment Available Now
417 E Cherry St, Unit 1
417 E Cherry StSpringfield, MO 65806
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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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.
1148 E Elm St
SpringfieldMO65806
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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 | $851 | $645 | $895 |
| Phelps 1 Bedroom Apartments | $848 | $695 | $999 |
| Phelps 2 Bedroom Apartments | $1,167 | $990 | $1,285 |
| Phelps 3 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
| Phelps 4 Bedroom Apartments | $2,115 | $1,745 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Phelps Neighborhood of Springfield, MO.
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Phelps, Springfield, MO Local Guide
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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 SoEl District Lofts priced from $799. Boomer Town Studios has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Phelps apartments for rent in Springfield, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SoEl District Lofts | Studio/1 Bath/Floorplan B | Studio,1BA | $799 |
| Boomer Town Studios | Scotsman-Furnished Top Floor | Studio,1BA | $875 |
| Bears Tower | Tower C, Aug 1st | 2BR,2BA | $1,140 |
Best Value Apartments for Rent in Phelps, MO
As of June 25, 2025 the best value apartment in the Phelps area is the $0.95 price per square foot Tower C, Aug 1st Model at Bears Tower in the in the Central neighborhood starting from $1,140. The second greatest value Phelps apartment is the 417 E Cherry St Model at 417 E Cherry St, Unit 1 starting at $900 with a $0.97 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 C, Aug 1st | 2BR,2BA | $0.95 |
| 417 E Cherry St, Unit 1 | 417 E Cherry St | 1BR,1BA | $0.97 |
| Bear Paw Commons | 2x1 | 2BR,1BA | $1.02 |
| SoEl District Lofts | Studio/1 Bath/Floorplan B | Studio ,1BA | $2.02 |
| Boomer Town Studios | Scotsman-Furnished Ground Floor ADA | Studio ,1BA | $2.29 |
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Pet Friendly LifestylePhelps, Springfield, MO
Ranked #24
Among neighborhoods in Springfield, MO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Phelps Neighborhood in Springfield, MO
Walk Score®
72 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
67 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,140.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.