
Cheap Apartments for Rent in the Sherman Ave Project Area Springfield, MO from $400 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Ave Project Area area of Springfield.


Park East - Cresco
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.

Town and Campus

Marion Park Apartments

Silver Springs Apartments
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.
Sherman Ave Project Area, Springfield, MO Local Guide

How much does it cost to rent an apartment in Sherman Ave Project Area?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sherman Ave Project Area Studio Apartments | $761 | $655 | $820 |
Sherman Ave Project Area 1 Bedroom Apartments | $961 | $720 | $1,370 |
Sherman Ave Project Area 2 Bedroom Apartments | $921 | $629 | $1,514 |
Sherman Ave Project Area 3 Bedroom Apartments | $1,101 | $550 | $1,857 |
Sherman Ave Project Area 4 Bedroom Apartments | $948 | $499 | $1,996 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Sherman Ave Project Area Neighborhood of Springfield, MO.
See all Apartments in SpringfieldExplore Springfield
Sherman Ave Project Area, Springfield, MO Local Guide
- Nearby Springfield neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Studio unit found at Park East - The Sterling priced from $709. Town and Campus has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here are the most affordable Sherman Ave Project Area apartments for rent in Springfield, MO:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Park East - The Sterling | The Miller | Studio,1BA | $709 |
Town and Campus | 1 Bedroom 1 Bath | 1BR,1BA | $720 |
Park East - Cresco | Hubble | Studio,1BA | $800 |
Best Value Apartments for Rent in Sherman Ave Project Area, MO
As of June 15, 2025 the best value apartment in the Sherman Ave Project Area area is the $0.89 price per square foot 2 Beds, 2 Baths Model at Parkwood Apartments in the in the Northeast neighborhood starting from $975. The second greatest value Sherman Ave Project Area apartment is the Woodruff Model at Park East - Sky Eleven starting at $899 with a $1.09 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parkwood Apartments | 2 Beds, 2 Baths | 2BR,2BA | $0.89 |
Park East - Sky Eleven | Woodruff | 1BR,1BA | $1.09 |
Highland Park Apartments | 1 Bedroom - Remodeled | 1BR,1BA | $1.15 |
Town and Campus | 1 Bedroom 1 Bath | 1BR,1BA | $1.11 |
Bear Paw Commons | 2x1 | 2BR,1BA | $1.02 |
Park East - The U | The Terrazo | 1BR,1BA | $1.74 |
Park East - Cresco | Stack | 1BR,1BA | $1.90 |
Park East - The Sterling | The Reppio | Studio ,1BA | $2.47 |
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.
Pet Friendly LifestyleSherman Ave Project Area, Springfield, MO
Ranked #32
Among neighborhoods in Springfield, MO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $975.
What is the price of a cheap apartment in Sherman Ave Project Area?
The cheapest apartment in Sherman Ave Project Area is Town and Campus which is listed at $720, while the average apartment in Sherman Ave Project Area costs $948.
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 64 regular apartments in Sherman Ave Project Area that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.