Cheap Apartments for Rent in the Sherman Ave Project Area Springfield, MO from $500 (33 Rentals)

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

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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.

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 2 Beds unit found at Forest Cove Apartments priced from $625. Oak Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here are the most affordable Sherman Ave Project Area apartments for rent in Springfield, MO:

Apartment ListingModel NameBed/BathPriced From
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
Oak Place1 bedroom1BR,1BA$625
TimbersTimbers 1 Bedroom, 1 Bathroom1BR,1BA$695
Embassy Apartments1 Bed/1 Bath! Embassy Apartments - Close to MS...1BR,1BA$699
True North2 Beds, 1.5 Baths2BR,1BA$750
The Field1 Bedroom, 1 Bathroom1BR,1BA$755
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$775
Spirit of St. LouisStudio1BR,1BA$795
SoEl District LoftsStudio/1 Bath/Floorplan BStudio,1BA$799
The Columns ApartmentsC-1BR-A1BR,1BA$838

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

As of October 24, 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 Bedroom/3 Bath, June 1 Model at Bear Place starting at $1,695 with a $1.13 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 Bedroom/3 Bath, June 13BR,3BA$1.13
Artifacts Warehouse Lofts3 Bedroom3BR,2BA$1.13
Regency Tower2 Bedroom2BR,2BA$1.10
The 505 (MO)2 BEDROOM, 2 BATH2BR,2BA$0.74
Aspen Heights Springfield2x2 Frisco A/B2BR,2BA$0.91
All the things are found at Silver Springs2.1.5 (840)2BR,1.5BA$1.10
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.03
Embassy Apartments1 Bed/1 Bath! Embassy Apartments - Close to MS...1BR,1BA$1.04
Bear Paw Commons2x12BR,1BA$1.02

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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 #10

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

Frequently Asked Questions about Cheap Sherman Ave Project Area Apartments

What is the Cheapest Studio apartment in Sherman Ave Project Area?

Currently the most affordable Cheap Studio Apartment in Sherman Ave Project Area is at SoEl District Lofts listed at $799.

How much is rent for a Cheap One Bedroom Sherman Ave Project Area Apartment?

The lowest price for a Cheap One Bedroom Sherman Ave Project Area Apartment is $625 at Oak Place.

What is the lowest price for a Cheap Two Bedroom Sherman Ave Project Area Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sherman Ave Project Area is starting from $625 at Forest Cove Apartments.

What is the most affordable Sherman Ave Project Area Three Bedroom Apartment?

The best deal on a cheap Sherman Ave Project Area Three Bedroom Apartment rental is at Marion Park Apartments and starts from $1,335.

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.