
Cheap Apartments for Rent in the Sherman Avenue Neighborhood of Springfield, MO from $300 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Avenue area of Springfield.


Cresco

411 W Commercial St, Unit 411-1

Greenway Studios

309 S Jefferson Ave, Unit 005

309 S Jefferson Ave, Unit 211
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Franciscan Villa

The Oaks of Springfield

Alexandria Apartments

Stove Works Lofts

1720 N Fremont Ave

Founders Park Lofts
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1710 E Commercial 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 | $842 | $718 | $1,113 |
| Sherman Avenue 1 Bedroom Apartments | $1,123 | $880 | $1,519 |
| Sherman Avenue 2 Bedroom Apartments | $1,079 | $615 | $3,277 |
| Sherman Avenue 3 Bedroom Apartments | $951 | $609 | $2,275 |
| Sherman Avenue 4 Bedroom Apartments | $1,011 | $550 | $2,473 |
Browse Apartments in this Neighborhood
There are currently 13 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 Aspen Springfield priced from $599. The U at Park East has the second lowest priced unit, which is a 3 Beds apartment currently listed from $625. Here are the most affordable Sherman Avenue apartments for rent in Springfield, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aspen Springfield | 4 Bedroom - Boulder A | 4BR,4BA | $599 |
| 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 |
Best Value Apartments for Rent in Sherman Avenue, MO
As of April 26, 2026 the best value apartment in the Sherman Avenue area is the $1.44 price per square foot 2 Bedroom ADA Model at Heer's Luxury Living in the in the Central neighborhood starting from $1,549. The second greatest value Sherman Avenue apartment is the 1BR/1.0BA Model at Boyd Lofts starting at $1,495 with a $1.66 price per square foot in the Northeast 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. |
|---|---|---|---|
| Heer's Luxury Living | 2 Bedroom ADA | 2BR,2BA | $1.44 |
| Boyd Lofts | 1BR/1.0BA | 1BR,1BA | $1.66 |
| Silver Springs | 2 bedroom 2 bath- $599 Move in special on 13 mo... | 2BR,2BA | $1.30 |
| The 505 (MO) | 1 BEDROOM, 1 BATH | 1BR,1BA | $2.09 |
| 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 |
| Aspen Springfield | 2 Bedroom - Frisco A | 2BR,2BA | $1.78 |
| Spirit of St. Louis | Studio | 1BR,1BA | $2.12 |
| The Sterling | Studio - The Reppio | Studio ,1BA | $2.53 |
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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.
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 $1,025.
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 55 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 $681 which is $344 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.