Cheap Apartments for Rent in the Sherman Ave Project Area Springfield, MO from $400 (31 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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-31, 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. Oak Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. 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
Oak Place1 bedroom1BR,1BA$600
Cresco2BR/2BA - Glass2BR,2BA$615
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
The SterlingStudio - The AngelinaStudio,1BA$660
Northgate ApartmentsStudioStudio,1BA$685
Southwinds ApartmentsSouthwinds 1 Bedroom, 1 Bathroom1BR,1BA$695
True North2 Beds, 1.5 Baths2BR,1BA$750
Town and Campus1 Bedroom 1 Bath1BR,1BA$755
Beartown FlatsUpgraded StudioStudio,1BA$765

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

As of January 28, 2026 the best value apartment in the Sherman Ave Project Area area is the $0.91 price per square foot 3 Bed, 1.5 Bath Model at Forest Park Townhomes in the in the Northwest neighborhood starting from $1,395. 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$0.91
Bear Place3 bed 3 bath, August 13BR,3BA$1.07
Six23 Condos2 Bedroom 2 Bath2BR,2BA$1.08
TSHTSH 2 Bedroom, 2 Bathroom2BR,2BA$0.85
Stonewood ApartmentsStonewood 2 Bedroom2BR,1BA$0.95
Silver Springs2.1.5 (840)2BR,1.5BA$1.13
Southwinds ApartmentsSouthwinds 1 Bedroom, 1 Bathroom1BR,1BA$0.86
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.07
Town and Campus1 Bedroom 1 Bath1BR,1BA$1.16
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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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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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 #9

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $765.

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 $600, while the average apartment in Sherman Ave Project Area costs $1,584.

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 106 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 $668 which is $916 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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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.

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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.

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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.