Cheap Homes for Rent in University Heights Neighborhood of Springfield, MO from $700 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in the University Heights 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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University Heights, Springfield, MO Local Guide

Cheapest Available University Heights Apartments for Rent

 

The cheapest available apartment rental in the University Heights area of Springfield, MO is a 4 Beds unit found at Aspen Springfield priced from $599. Forest Cove Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here are the most affordable University Heights apartments for rent in Springfield, MO:

Apartment ListingModel NameBed/BathPriced From
Aspen Springfield4 Bedroom - Boulder A4BR,4BA$599
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
The U at Park East3BR/3BA - The Andres3BR,3BA$625
Cresco2BR/2BA - Glass2BR,2BA$655
Seminole1 Bedroom, 1 Bath1BR,1BA$690

Best Value Apartments for Rent in University Heights, MO

As of April 28, 2026 the best value apartment in the University Heights area is the $0.99 price per square foot 4 Bedroom Model at Sandstone Heights Apartments in the in the Southwest Springfield neighborhood starting from $1,555. The second greatest value University Heights 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 University Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sandstone Heights Apartments4 Bedroom4BR,2BA$0.99
Forest Park Townhomes2 Bed, 1 Bath2BR,1BA$1.04
308 Madison2/12BR,1BA$0.87
Village Club2 Bedroom, 1 Bathroom2BR,1BA$0.81
Chace Place2 Bedroom2BR,2BA$0.88
Rosewood Village2 Bedroom, 1 Bathroom2BR,1BA$0.96
Briarwood Village2 Bedroom, 1 Bathroom2BR,1BA$1.01
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.07
Seminole1 Bedroom, 1 Bath1BR,1BA$1.06
Bear Paw Commons2x12BR,1BA$1.07

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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Pet Friendly Lifestyle
University Heights, Springfield, MO

Ranked #5

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 291 Apartments for Rent in University Heights, MO with pricing that ranges from $535 to $4,199. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $700 to $2,500.

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 $700 to $2,500 with an average monthly rent of $1,634.

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 $4,199, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,125 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,545 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.