
Cheap Apartments for Rent in the Sherman Avenue Neighborhood of Springfield, MO from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Avenue area of Springfield.


1327 N Robberson Ave

Greenway Studios

309 S Jefferson Ave

625 W Lynn St
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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.

Spirit of St. Louis

The Oaks of Springfield

Alexandria Apartments

Stove Works Lofts

Founders Park Lofts
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1710 E Commercial St

1307 N Fremont Ave

2034 N Washington Ave

1607 E Commercial St

431 W Walnut St
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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.

Brewery District Flats

1131 E Locust St
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 | $841 | $735 | $1,090 |
| Sherman Avenue 1 Bedroom Apartments | $988 | $675 | $1,644 |
| Sherman Avenue 2 Bedroom Apartments | $1,092 | $615 | $3,768 |
| Sherman Avenue 3 Bedroom Apartments | $988 | $609 | $2,275 |
| Sherman Avenue 4 Bedroom Apartments | $1,279 | $550 | $2,410 |
Browse Apartments in this Neighborhood
There are currently 17 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 3 Beds unit found at The U at Park East priced from $625. Cresco has the second lowest priced unit, which is a 2 Beds apartment currently listed from $655. 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 | 3BR/3BA - The Andres | 3BR,3BA | $625 |
| Cresco | 2BR/2BA - Glass | 2BR,2BA | $655 |
| The Sterling | Studio - The Miller | Studio,1BA | $755 |
| Spirit of St. Louis | Studio | 1BR,1BA | $885 |
| Sky Eleven | 1BR/1BA - Hunt | 1BR,1BA | $889 |
Best Value Apartments for Rent in Sherman Avenue, MO
As of March 12, 2026 the best value apartment in the Sherman Avenue area is the $1.66 price per square foot 1BR/1.0BA Model at Boyd Lofts in the in the Northeast neighborhood starting from $1,495. The second greatest value Sherman Avenue apartment is the 2x2 Frisco A/B Model at Aspen Heights Springfield starting at $785 with a $0.91 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. |
|---|---|---|---|
| Boyd Lofts | 1BR/1.0BA | 1BR,1BA | $1.66 |
| Aspen Heights Springfield | 2x2 Frisco A/B | 2BR,2BA | $0.91 |
| Silver Springs | 2.2 | 2BR,2BA | $1.30 |
| Heer's Luxury Living Lofts | 1 Bedroom A | 1BR,1BA | $1.47 |
| The 505 (MO) | STUDIO | Studio ,1BA | $1.75 |
| Sky Eleven | 1BR/1BA - Hunt | 1BR,1BA | $1.45 |
| The U at Park East | 1BR/1BA - The Terrazo | 1BR,1BA | $1.82 |
| Cresco | Studio - Goodman | Studio ,1BA | $1.98 |
| Spirit of St. Louis | Studio | 1BR,1BA | $2.12 |
| The Sterling | Studio - The Reppio | Studio ,1BA | $2.53 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 $1,495.
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 $885, while the average apartment in Sherman Avenue costs $945.
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 38 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 $629 which is $316 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.

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.

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.