1317 S Pennsylvania Ave
SpringfieldMO65807
Cheap Homes for Rent in Phelps Neighborhood of Springfield, MO from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Phelps area of Springfield.
1020 E Delmar St
SpringfieldMO65807
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.
620 E Delmar St
SpringfieldMO65807
538 E Normal St
SpringfieldMO65807
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.
940 E Delmar St
SpringfieldMO65807
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Phelps, Springfield, MO Local Guide
How much does it cost to rent a home in Phelps?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phelps 3 Bedroom Homes for Rent | $1,595 | $1,595 | $1,595 |
| Phelps 4 Bedroom Homes for Rent | $2,110 | $1,995 | $2,340 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 $765. Boomer Town Studios has the second lowest priced unit, which is a Studio apartment currently listed from $845. 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 | $765 |
| Boomer Town Studios | Scotsman-Furnished | Studio,1BA | $845 |
| Bears Tower | Tower B, June 1st | 2BR,2BA | $1,190 |
Best Value Apartments for Rent in Phelps, MO
As of January 29, 2026 the best value apartment in the Phelps area is the $1.32 price per square foot Tower A, August 1st Model at Bears Tower in the in the Central neighborhood starting from $2,380. The second greatest value Phelps apartment is the 2BR/2.0BA Model at The Bay starting at $1,400 with a $1.59 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 | $1.32 |
| The Bay | 2BR/2.0BA | 2BR,2BA | $1.59 |
| SoEl District Lofts | 2 Bed/1.5 Bath with Loft/DELUXE | 2BR,1.5BA | $2.38 |
| Bear Paw Commons | 2x1 | 2BR,1BA | $1.07 |
| Bear Village | Four Bedroom | 4BR,4BA | $1.16 |
| Beartown Flats | Upgraded Studio | Studio ,1BA | $1.91 |
| Boomer Town Studios | Scotsman-Furnished Top Floor Balcony | Studio ,1BA | $2.26 |
Frequently Asked Questions about Phelps
What type of rentals are currently available in Phelps?
There are currently 58 Apartments for Rent in Phelps, MO with pricing that ranges from $700 to $2,380. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phelps ranging from $1,595 to $2,340.
What is the current price range for Rental Homes in Phelps?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Phelps ranges from $1,595 to $2,340 with an average monthly rent of $1,852.
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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.