
Cheap Homes for Rent in the University Heights Neighborhood of Springfield, MO from $600 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the University Heights area of Springfield.


309 S Jefferson Ave, Unit 114

664 E Cherry St

1258 E Elm St, Unit 13

847 S Grant Ave

309 S Jefferson Ave, Unit 005

1507 W Phelps St

1948 E Monroe Terrace
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

301 W State St

821 S Campbell Ave

1057-B S Kansas Ave

2065 S Kentwood Ave

1147 E Elm St

1645 E Cherry St

1947 E Monroe St

2028 S Fairway Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

652 N Belview Ave

1827 S Glencrest Dr

1518 S Kickapoo Ave

817 W Madison St

1701 E Belmont St

837 S Ferguson Ave

516 S Florence Ave

2051 S Kentwood Ave
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.
University Heights, Springfield, MO Local Guide

How much does it cost to rent a home in University Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Heights 2 Bedroom Homes for Rent | $1,062 | $815 | $1,295 |
| University Heights 3 Bedroom Homes for Rent | $1,468 | $845 | $1,850 |
| University Heights 4 Bedroom Homes for Rent | $2,415 | $1,495 | $3,950 |
| University Heights 5 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the University Heights Neighborhood of Springfield, MO.
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University Heights, Springfield, MO Local Guide
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Cheapest Available University Heights Apartments for Rent
 The cheapest available apartment rental in the University Heights area of Springfield, MO is a 1 Bed unit found at Markwood priced from $550. Oakwood Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable University Heights apartments for rent in Springfield, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Markwood | Markwood 1 Bedroom, 1 Bathroom | 1BR,1BA | $550 |
| Oakwood Townhomes | 1 Bedroom, 1 Bathroom Apartment | 1BR,1BA | $700 |
| El Chaparral Apartments | El Chaparral 1 Bedroom, 1 Bathroom | 1BR,1BA | $725 |
| El Madrid | El Madrid 1 Bedroom, 1 Bathroom | 1BR,1BA | $725 |
| Chace Place | 1 Bedroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in University Heights, MO
As of July 28, 2026 the best value apartment in the University Heights area is the $0.93 price per square foot 3BR/2.0BA Model at Artifacts Warehouse in the in the Central neighborhood starting from $1,475. The second greatest value University Heights apartment is the C2 | Three Bedroom Model at Vue on Walnut | Student Housing starting at $839 with a $0.61 price per square foot in the Central neighborhood. Here is today’s list of the best values for University Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Artifacts Warehouse | 3BR/2.0BA | 3BR,2BA | $0.93 |
| Vue on Walnut | Student Housing | C2 | Three Bedroom | 3BR,3BA | $0.61 |
| Sandstone Heights Apartments | 3 Bedroom | 3BR,2BA | $1.05 |
| Forest Park Townhomes | 2 Bed, 1 Bath | 2BR,1BA | $1.04 |
| 308 Madison | 2/1 | 2BR,1BA | $0.87 |
| Rosewood Village | 2 Bedroom, 1 Bathroom | 2BR,1BA | $0.96 |
| Chace Place | 2 Bedroom | 2BR,2BA | $0.88 |
| Stonewood Apartments | Stonewood 2 Bedroom | 2BR,1BA | $0.98 |
| 712 Flats | 1 Beds, 1 Baths | 1BR,1BA | $0.92 |
| Markwood | Markwood 1 Bedroom, 1 Bathroom | 1BR,1BA | $0.98 |
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.
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.
Pet Friendly LifestyleUniversity Heights, Springfield, MO
Ranked #5
Among cities in Missouri for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in University Heights, Springfield, MO
School data provided by Great Schools
Frequently Asked Questions about University Heights
What type of rentals are currently available in University Heights?
There are currently 284 Apartments for Rent in University Heights, MO with pricing that ranges from $535 to $10,118. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $649 to $3,950.
What is the current price range for Rental Homes in University Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Heights ranges from $649 to $3,950 with an average monthly rent of $1,417.
How much are larger Three and Four Bedroom Rentals in University Heights?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University Heights range from $609 to $4,299, while Three Bedroom Homes, Condos, and Townhomes for rent range from $845 to $1,850. Four Bedroom Single-Family rentals are also available starting from $1,495 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

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.