Cheap Homes for Rent in Sherman Avenue Neighborhood of Springfield, MO from $600 (5 Rentals)

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

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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

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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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Heer's Luxury Living1 Bedroom B1BR,1BA$1.45
Boyd Lofts1BR/1.0BA1BR,1BA$1.66
Silver Springs2 bedroom 2 bath- $599 Move in special on 13 mo...2BR,2BA$1.30
The 505 (MO)1 BEDROOM, 1 BATH1BR,1BA$2.09
Sky Eleven1BR/1BA - Hunt1BR,1BA$1.48
The U at Park East1BR/1BA - The Terrazo1BR,1BA$1.82
CrescoStudio - GoodmanStudio ,1BA$1.98
Aspen Springfield2 Bedroom - Frisco A2BR,2BA$1.78
Spirit of St. LouisStudio1BR,1BA$2.12
The SterlingStudio - The ReppioStudio ,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.

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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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The 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.

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Cash 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.

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Quick 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.

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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

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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.

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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.

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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.

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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.