1357 S Florence Ave
SpringfieldMO65807
Cheap Homes for Rent in the Phelps Neighborhood of Springfield, MO from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Phelps area of Springfield.
600 Bear Blvd
SpringfieldMO65806
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.
1001 E Loren St
SpringfieldMO65807
1210 S Jefferson Ave
SpringfieldMO65807
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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Phelps, Springfield, MO Local Guide
How much does it cost to rent a home in Phelps?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phelps 2 Bedroom Homes for Rent | $1,095 | $1,095 | $1,095 |
| Phelps 3 Bedroom Homes for Rent | $1,466 | $1,095 | $1,750 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Phelps Neighborhood of Springfield, MO.
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Best Value Apartments for Rent in Phelps, MO
As of August 14, 2026 the best value apartment in the Phelps area is the $1.67 price per square foot 3 Bed/3 Bath with Loft/Floorplan J Model at SoEl District Lofts in the in the Central neighborhood starting from $1,699. The second greatest value Phelps apartment is the 2BR/2.0BA Model at The Bay starting at $1,400 with a $1.48 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. |
|---|---|---|---|
| SoEl District Lofts | 3 Bed/3 Bath with Loft/Floorplan J | 3BR,3BA | $1.67 |
| The Bay | 2BR/2.0BA | 2BR,2BA | $1.48 |
| Beverly Lofts | 2BR/2.0BA | 2BR,2BA | $1.70 |
| 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 Phelps
What type of rentals are currently available in Phelps?
There are currently 56 Apartments for Rent in Phelps, MO with pricing that ranges from $700 to $1,980. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phelps ranging from $1,095 to $1,750.
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 $1,095 to $1,750 with an average monthly rent of $1,391.
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.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.