
Cheap Apartments for Rent in the Sherman Avenue Neighborhood of Springfield, MO from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Avenue area of Springfield.


2023 N Jefferson Ave

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.

320 S Florence Ave

Silver Springs Apartments

Artifacts Warehouse Lofts

1113 N Fremont Ave

525 W Scott St
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.

2118 N Jefferson Ave
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 | $798 | $655 | $1,050 |
Sherman Avenue 1 Bedroom Apartments | $1,030 | $595 | $1,721 |
Sherman Avenue 2 Bedroom Apartments | $1,092 | $629 | $1,715 |
Sherman Avenue 3 Bedroom Apartments | $1,104 | $550 | $1,857 |
Sherman Avenue 4 Bedroom Apartments | $1,216 | $499 | $2,260 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Sherman Avenue Neighborhood of Springfield, MO.
See all Apartments in SpringfieldExplore Springfield
Sherman Avenue, Springfield, MO Local Guide
- Nearby Springfield neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Greenway Studios | Studio | Studio,1BA | $655 |
Park East - The Sterling | The Miller | Studio,1BA | $709 |
Park East - Cresco | Hubble | Studio,1BA | $800 |
Spirit of St. Louis | Studio | 1BR,1BA | $810 |
Park East - Sky Eleven | Woodruff | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Artifacts Warehouse Lofts | 2/2 Bedroom | 2BR,2BA | $0.96 |
Park East - Sky Eleven | Woodruff | 1BR,1BA | $1.09 |
Heer's Luxury Living Lofts | 1 Bedroom Penthouse | 1BR,1BA | $1.95 |
The 505 (MO) | STUDIO | Studio ,1BA | $1.56 |
Park East - The U | The Terrazo | 1BR,1BA | $1.74 |
Park East - Cresco | Stack | 1BR,1BA | $1.90 |
Greenway Studios | Furnished Studio | Studio ,1BA | $2.30 |
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 Avenue, Springfield, MO
Ranked #24
Among neighborhoods in Springfield, MO 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 $1,477.
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.

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.