Cheap Apartments for Rent in the Sherman Avenue Neighborhood of Springfield, MO from $400 (14 Rentals)

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

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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Alexandria Apartments
2 Bedroom Apartments

Alexandria Apartments

1230 E McDaniel StSpringfield, MO 65802
  • Utilities Included
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Stove Works Lofts
1 Bedroom Apartments

Stove Works Lofts

505 N Jefferson AveSpringfield, MO 65806
  • Utilities Included
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Founders Park Lofts
Studio to 3 Bedroom Apartments

Founders Park Lofts

331 E Water StSpringfield, MO 65806
  • Utilities Included

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 Avenue, Springfield, MO Local Guide

Cheapest Available Sherman Avenue Apartments for Rent

 

The cheapest available apartment rental in the Sherman Avenue area of Springfield, MO is a Studio unit found at Greenway Studios priced from $655. Park East - The Sterling has the second lowest priced unit, which is a Studio apartment currently listed from $709. Here are the most affordable Sherman Avenue apartments for rent in Springfield, MO:

Apartment ListingModel NameBed/BathPriced From
Greenway StudiosStudioStudio,1BA$655
Park East - The SterlingThe MillerStudio,1BA$709
Park East - CrescoHubbleStudio,1BA$800
Spirit of St. LouisStudio1BR,1BA$810
Park East - Sky ElevenWoodruff1BR,1BA$899

Best Value Apartments for Rent in Sherman Avenue, MO

As of June 22, 2025 the best value apartment in the Sherman Avenue area is the $0.96 price per square foot 2/2 Bedroom Model at Artifacts Warehouse Lofts in the in the Central neighborhood starting from $1,150. The second greatest value Sherman Avenue 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 Avenue apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Artifacts Warehouse Lofts2/2 Bedroom2BR,2BA$0.96
Park East - Sky ElevenWoodruff1BR,1BA$1.09
Heer's Luxury Living Lofts1 Bedroom Penthouse1BR,1BA$1.95
The 505 (MO)STUDIOStudio ,1BA$1.56
Park East - The UThe Terrazo1BR,1BA$1.74
Park East - CrescoStack1BR,1BA$1.90
Greenway StudiosFurnished StudioStudio ,1BA$2.30
Park East - The SterlingThe ReppioStudio ,1BA$2.47

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Pet Friendly Lifestyle
Sherman Avenue, Springfield, MO

Ranked #24

Among neighborhoods in Springfield, MO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $1,477.

What is the price of a cheap apartment in Sherman Avenue?

The cheapest apartment in Sherman Avenue is Spirit of St. Louis which is listed at $810, while the average apartment in Sherman Avenue costs $1,175.

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 82 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 $609 which is $566 cheaper than the average rent for all rentals in Sherman Avenue.

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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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.

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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.

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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.

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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.