
Cheap Homes for Rent in Sherman Avenue Neighborhood of Springfield, MO from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Sherman Avenue area of Springfield.


411 W Commercial St, Unit 411-1
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

309 S Jefferson Ave, Unit 211

309 S Jefferson Ave, Unit 005
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

1710 E Commercial St
Sherman Avenue, Springfield, MO Local Guide

How much does it cost to rent a home in Sherman Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherman Avenue 2 Bedroom Homes for Rent | $999 | $775 | $1,199 |
| Sherman Avenue 3 Bedroom Homes for Rent | $1,210 | $995 | $1,425 |
| Sherman Avenue 4 Bedroom Homes for Rent | $1,195 | $1,195 | $1,195 |
| Sherman Avenue 5 Bedroom Homes for Rent | $1,750 | $1,700 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 |
Best Value Apartments for Rent in Sherman Avenue, MO
As of April 30, 2026 the best value apartment in the Sherman Avenue area is the $1.45 price per square foot 1 Bedroom B Model at Heer's Luxury Living in the in the Central neighborhood starting from $1,460. 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 | 1 Bedroom B | 1BR,1BA | $1.45 |
| 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 | $1.48 |
| 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 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 Sherman Avenue
What type of rentals are currently available in Sherman Avenue?
There are currently 58 Apartments for Rent in Sherman Avenue, MO with pricing that ranges from $550 to $3,277. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman Avenue ranging from $695 to $1,800.
What is the current price range for Rental Homes in Sherman Avenue?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherman Avenue ranges from $695 to $1,800 with an average monthly rent of $1,199.
How much are larger Three and Four Bedroom Rentals in Sherman Avenue?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Sherman Avenue range from $609 to $2,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $1,425. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $550.
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.