Cheap Apartments for Rent in the Sherman Ave Project Area Springfield, MO from $400 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Sherman Ave Project Area area of Springfield.

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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Showing Results 1-30, Page 1 of 1

Sherman Ave Project Area, Springfield, MO Local Guide

Cheapest Available Sherman Ave Project Area Apartments for Rent

 

The cheapest available apartment rental in the Sherman Ave Project Area area of Springfield, MO is a 4 Beds unit found at The U at Park East priced from $499. Cresco has the second lowest priced unit, which is a 2 Beds apartment currently listed from $615. Here are the most affordable Sherman Ave Project Area apartments for rent in Springfield, MO:

Apartment ListingModel NameBed/BathPriced From
The U at Park East4BR/4BA - The Drake4BR,4BA$499
Cresco2BR/2BA - Glass2BR,2BA$615
Oak Place1 bedroom1BR,1BA$625
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
The SterlingStudio - The AngelinaStudio,1BA$660
TimbersTimbers 1 Bedroom, 1 Bathroom1BR,1BA$695
El Chaparral ApartmentsEl Chaparral 1 Bedroom, 1 Bathroom1BR,1BA$695
Beartown FlatsOriginal One Bedroom1BR,1BA$725
True North2 Beds, 1.5 Baths2BR,1BA$750
The Field1 Bedroom, 1 Bathroom1BR,1BA$755

Best Value Apartments for Rent in Sherman Ave Project Area, MO

As of December 10, 2025 the best value apartment in the Sherman Ave Project Area area is the $0.98 price per square foot 3 Bed, 1.5 Bath Model at Forest Park Townhomes in the in the Northwest neighborhood starting from $1,495. The second greatest value Sherman Ave Project Area apartment is the 3 bed 3 bath, August 1 Model at Bear Place starting at $1,605 with a $1.07 price per square foot in the Central neighborhood. Here is today’s list of the best values for Sherman Ave Project Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Forest Park Townhomes3 Bed, 1.5 Bath3BR,1.5BA$0.98
Bear Place3 bed 3 bath, August 13BR,3BA$1.07
Parkway Townhouses3 Bed 2 Bath3BR,2BA$1.18
Artifacts Warehouse Lofts3 Bedroom3BR,2BA$1.13
Parkwood Apartments2 Beds, 2 Baths2BR,2BA$0.89
The 505 (MO)2 BEDROOM, 2 BATH2BR,2BA$0.74
Aspen Heights Springfield2x2 Frisco A/B2BR,2BA$0.91
Silver Springs2.1.5 (840)2BR,1.5BA$1.10
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.10
Bear Paw Commons2x12BR,1BA$1.07

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Sherman Ave Project Area, Springfield, MO

Ranked #11

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Sherman Ave Project Area Neighborhood in Springfield, MO

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

60 / 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 Sherman Ave Project Area Apartments

What is a cheap apartment in Sherman Ave Project Area?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherman Ave Project Area is under $755.

What is the price of a cheap apartment in Sherman Ave Project Area?

The cheapest apartment in Sherman Ave Project Area is Oak Place which is listed at $625, while the average apartment in Sherman Ave Project Area costs $1,575.

What types of apartments are the cheapest in Sherman Ave Project Area?

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 76 regular apartments in Sherman Ave Project Area that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Sherman Ave Project Area?

Cheap apartments in Sherman Ave Project Area have an average cost of $581 which is $994 cheaper than the average rent for all rentals in Sherman Ave Project Area.

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

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.