Cheap Homes for Rent in Sherman Avenue Neighborhood of Springfield, MO from $700 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Sherman Avenue area of Springfield.

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.

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.

Sherman Avenue, Springfield, MO Local Guide

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 ListingModel NameBed/BathPriced From
Aspen Springfield4 Bedroom - Boulder A4BR,4BA$599
The U at Park East3BR/3BA - The Andres3BR,3BA$625
Cresco2BR/2BA - Glass2BR,2BA$655

Best Value Apartments for Rent in Sherman Avenue, MO

As of June 14, 2026 the best value apartment in the Sherman Avenue area is the $2.22 price per square foot 2 Bedroom A - Furnished Model at Heer's Luxury Living in the in the Central neighborhood starting from $2,289. The second greatest value Sherman Avenue apartment is the 2 BEDROOM, 2 BATH Model at The 505 (MO) starting at $746 with a $0.75 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Heer's Luxury Living2 Bedroom A - Furnished2BR,2BA$2.22
The 505 (MO)2 BEDROOM, 2 BATH2BR,2BA$0.75
Boyd Lofts2BR/1.0BA2BR,1BA$1.55
The U at Park East2BR/2BA - The Kirkenmeyer2BR,2BA$0.74
Silver Springs2.1.5 (840)2BR,1.5BA$1.07
Sky Eleven1BR/1BA - Hunt1BR,1BA$1.48
CrescoStudio - GoodmanStudio ,1BA$1.98
Aspen Springfield2 Bedroom - Frisco A2BR,2BA$1.78
Spirit of St. LouisStudio1BR,1BA$1.82
SankofaStudioStudio ,1BA$2.09

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.

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Real 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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Quick Rent Budget Calculator

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Frequently Asked Questions about Sherman Avenue

What type of rentals are currently available in Sherman Avenue?

There are currently 57 Apartments for Rent in Sherman Avenue, MO with pricing that ranges from $550 to $3,017. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman Avenue ranging from $775 to $3,150.

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 $775 to $3,150 with an average monthly rent of $1,343.

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 $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,150. Four Bedroom Single-Family rentals are also available starting from $1,700 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

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.