
Cheap Apartments for Rent in the Sherman Avenue Neighborhood of Springfield, MO from $300 (19 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

Spirit of St. Louis

Sankofa
Rent According to Income: A Look at Income-Restricted Rentals
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525 W Scott St

1023-1025 N Campbell Ave

309 S Jefferson Ave, Unit 005

Silver Springs

411 W Commercial St, Unit 411-2

Franciscan Villa
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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The Oaks of Springfield

Alexandria Apartments

Founders Park Lofts

2029 N Boonville Ave

Brewery District Flats

519 E Dale St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

601 N National 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 | $861 | $718 | $1,078 |
| Sherman Avenue 1 Bedroom Apartments | $1,005 | $647 | $1,575 |
| Sherman Avenue 2 Bedroom Apartments | $1,067 | $615 | $3,876 |
| Sherman Avenue 3 Bedroom Apartments | $1,037 | $609 | $1,950 |
| Sherman Avenue 4 Bedroom Apartments | $2,583 | $550 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 19 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. Spirit of St. Louis has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. 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 |
| Spirit of St. Louis | Studio | 1BR,1BA | $760 |
| Sankofa | Studio | Studio,1BA | $795 |
| Cresco | Studio - Hubble | Studio,1BA | $840 |
| Silver Springs | 2.1.5 (840) | 2BR,1BA | $895 |
Best Value Apartments for Rent in Sherman Avenue, MO
As of July 26, 2026 the best value apartment in the Sherman Avenue area is the $0.72 price per square foot 225 E Blaine St Model at 225 E Blaine St, Unit Loft 200 in the in the Woodland Heights neighborhood starting from $1,950. The second greatest value Sherman Avenue apartment is the 3BR/2.0BA Model at Artifacts Warehouse starting at $1,475 with a $0.93 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. |
|---|---|---|---|
| 225 E Blaine St, Unit Loft 200 | 225 E Blaine St | 3BR,2.5BA | $0.72 |
| Artifacts Warehouse | 3BR/2.0BA | 3BR,2BA | $0.93 |
| Union Biscuit Warehouse, LLC | 2BR/1.0BA | 2BR,1BA | $1.36 |
| Boyd Lofts | 2BR/1.0BA | 2BR,1BA | $1.48 |
| The U at Park East | 2BR/2BA - The Kirkenmeyer | 2BR,2BA | $0.74 |
| Silver Springs | Ozark Tech Student Special- 2 bedroom 2 bath | 2BR,2BA | $1.30 |
| The 505 (MO) | STUDIO | Studio ,1BA | $1.72 |
| Sky Eleven | 1BR/1BA - Hunt | 1BR,1BA | $1.53 |
| Aspen Springfield | 2 Bedroom - Frisco A | 2BR,2BA | $1.78 |
| Spirit of St. Louis | Studio | 1BR,1BA | $1.82 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 $1,425.
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 $760, while the average apartment in Sherman Avenue costs $939.
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 40 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 $735 which is $204 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.