Cheap Apartments for Rent in the Southwest Springfield Neighborhood of Springfield, MO from $400 (125 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southwest Springfield 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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 3861 W Univ St

$875 - $1,250

Studio To 2 Bedroom Rentals

Available Now

3861 W Univ St

SpringfieldMO65807

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Southwest Springfield, Springfield, MO Local Guide

Cheapest Available Southwest Springfield Apartments for Rent

 

The cheapest available apartment rental in the Southwest Springfield area of Springfield, MO is a 1 Bed unit found at Chace Place priced from $750. Huntley Ridge East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Southwest Springfield apartments for rent in Springfield, MO:

Apartment ListingModel NameBed/BathPriced From
Chace Place1 Bedroom1BR,1BA$750
Huntley Ridge East1 Bedroom, 1 Bathroom - Upgraded1BR,1BA$795
Gazebo Apartments1 Bedroom Standard1BR,1BA$800
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$800
308 Madison2/12BR,1BA$825
Park Place1.1 second floor upgraded1BR,1BA$850
Coryell CrossingStudioStudio,1BA$850
Hunters GlenOne Bedroom1BR,1BA$864
Pinnacle on the Park1x11BR,1BA$866

Best Value Apartments for Rent in Southwest Springfield, MO

As of May 04, 2026 the best value apartment in the Southwest Springfield area is the $0.99 price per square foot 3 bed 3 bath, July 1 Model at Bear Place in the in the Central neighborhood starting from $1,485. The second greatest value Southwest Springfield apartment is the 2 Bed, 1 Bath Model at Forest Park Townhomes starting at $1,245 with a $1.04 price per square foot in the Northwest neighborhood. Here is today’s list of the best values for Southwest Springfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bear Place3 bed 3 bath, July 13BR,3BA$0.99
Forest Park Townhomes2 Bed, 1 Bath2BR,1BA$1.04
South Valley Apartments2 Bed 2 Bath2BR,2BA$0.92
Willow Creek2 Bedroom, 2 Bathroom2BR,2BA$1.01
Fairfield Village2.2 Upgraded2BR,1.5BA$1.01
308 Madison2/12BR,1BA$0.87
Arrowhead2 Bedroom2BR,2BA$1.00
Chace Place2 Bedroom2BR,2BA$0.88
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.07
Bear Paw Commons2x12BR,1BA$1.07

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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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Best Local Schools in
Southwest Springfield, Springfield, MO

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Southwest Springfield, Springfield, and the greater Springfield area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Southwest Springfield Apartments

What is a cheap apartment in Southwest Springfield?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Springfield is under $866.

What is the price of a cheap apartment in Southwest Springfield?

The cheapest apartment in Southwest Springfield is Chace Place which is listed at $750, while the average apartment in Southwest Springfield costs $2,000.

What types of apartments are the cheapest in Southwest Springfield?

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 41 regular apartments in Southwest Springfield 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 Southwest Springfield?

Cheap apartments in Southwest Springfield have an average cost of $445 which is $1,555 cheaper than the average rent for all rentals in Southwest Springfield.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.