
Cheap Apartments for Rent in the Sherman Avenue Neighborhood of Springfield, MO from $400 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Avenue area of Springfield.


2052 N Taylor Ave

Greenway Studios
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.

1023-1025 N Campbell Ave
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.
Sherman Avenue, Springfield, MO Local Guide

How much does it cost to rent an apartment in Sherman Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherman Avenue Studio Apartments | $779 | $655 | $1,040 |
| Sherman Avenue 1 Bedroom Apartments | $1,024 | $650 | $1,904 |
| Sherman Avenue 2 Bedroom Apartments | $1,218 | $575 | $3,783 |
| Sherman Avenue 3 Bedroom Apartments | $1,253 | $550 | $2,085 |
| Sherman Avenue 4 Bedroom Apartments | $1,413 | $499 | $2,540 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Sherman Avenue Neighborhood of Springfield, MO.
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Sherman Avenue, Springfield, MO Local Guide
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Cheapest Available Sherman Avenue Apartments for Rent
 The cheapest available apartment rental in the Sherman Avenue 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 Avenue apartments for rent in Springfield, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The U at Park East | 4BR/4BA - The Drake | 4BR,4BA | $499 |
| Cresco | 2BR/2BA - Glass | 2BR,2BA | $615 |
| The Sterling | Studio - The Angelina | Studio,1BA | $660 |
Best Value Apartments for Rent in Sherman Avenue, MO
As of January 01, 2026 the best value apartment in the Sherman Avenue area is the $1.13 price per square foot 3 Bedroom Model at Artifacts Warehouse Lofts in the in the Central neighborhood starting from $1,470. The second greatest value Sherman Avenue apartment is the 1 Bedroom B Model at Heer's Luxury Living Lofts starting at $1,304 with a $1.30 price per square foot in the Central neighborhood. Here is today’s list of the best values for Sherman Avenue apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Artifacts Warehouse Lofts | 3 Bedroom | 3BR,2BA | $1.13 |
| Heer's Luxury Living Lofts | 1 Bedroom B | 1BR,1BA | $1.30 |
| The 505 (MO) | 2 BEDROOM, 2 BATH | 2BR,2BA | $0.74 |
| Silver Springs | 2.1.5 (840) | 2BR,1.5BA | $1.10 |
| Sky Eleven | 1BR/1BA - Hunt | 1BR,1BA | $1.33 |
| The U at Park East | 1BR/1BA - The Terrazo | 1BR,1BA | $1.58 |
| Cresco | Studio - Goodman | Studio ,1BA | $1.80 |
| The Sterling | Studio - The Reppio | Studio ,1BA | $2.34 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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 Avenue, Springfield, MO
Ranked #37
Among cities in Missouri for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Sherman Avenue, Springfield, MO
School data provided by Great Schools
Frequently Asked Questions about Cheap Sherman Avenue Apartments
What is a cheap apartment in Sherman Avenue?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherman Avenue is under $1,304.
What is the price of a cheap apartment in Sherman Avenue?
The cheapest apartment in Sherman Avenue is Cresco which is listed at $799, while the average apartment in Sherman Avenue costs $1,800.
What types of apartments are the cheapest in Sherman Avenue?
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 50 regular apartments in Sherman Avenue 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 Avenue?
Cheap apartments in Sherman Avenue have an average cost of $587 which is $1,213 cheaper than the average rent for all rentals in Sherman Avenue.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




