Cheap Apartments for Rent in Springfield, MO from $300 (221 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Springfield, MO Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Springfield, MO

Pricing Updated: 03/27/2025

Current apartment rentals in the Springfield, MO area range in price from $360 to $3,690 with an overall median price of $2,390. The three Springfield neighborhoods with the lowest median rent pricing are Parkwood Survival at $550, Sherman Avenue at $550, and Sherman Ave Project Area at $550. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Springfield Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Parkwood Survival$875$5503719
Sherman Avenue$895$5506298
Sherman Ave Project Area$900$5504358
Cooper Estates$1,005$650256
Southern Hills$1,005$5892255
Rountree Area$1,027$5504208
Northwest$1,398$36011634
Scenic Park$1,412$3606352
Quail Creek$1,420$5752078
Westside$1,470$3605506

Cheapest Available Springfield Apartments for Rent

 

The cheapest available apartment rental in Springfield, MO is a 2 Beds unit found at Delmar Meadows in the Northwest neighborhood priced from $360. North Terrace Apartments in the Northeast neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable Springfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Delmar Meadows2 BR2BR,1BA$360
North Terrace Apartments2 x 1 Small2BR,1BA$575
Eastview ApartmentsStudioStudio,1BA$605
Park East - The UThe Drake4BR,4BA$615
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
Oak Place1 bedroom1BR,1BA$625
Greenway StudiosStudioStudio,1BA$655
Rosewood Village1 Bedroom, 1 Bathroom1BR,1BA$685
712 Flats1 Beds, 1 Baths1BR,1BA$695
Huntley Ridge East1 Bedroom, 1 Bathroom1BR,1BA$695

Best Value Apartments for Rent in Springfield, MO

As of March 27, 2025 the best value apartment in the Springfield area is the $0.81 price per square foot 225-200 E Blaine St Model at 225-200 E Blaine St, Unit 200 in the in the Woodland Heights neighborhood starting from $2,200. The second greatest value Springfield apartment is the 4x4 Boulder E Model at Aspen Heights Springfield starting at $790 with a $0.50 price per square foot in the Central neighborhood. Here is today’s list of the best values for Springfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
225-200 E Blaine St, Unit 200225-200 E Blaine St3BR,2.5BA$0.81
Aspen Heights Springfield4x4 Boulder E4BR,4BA$0.50
Embassy OzarkThree Bedroom, Two Bathroom3BR,2BA$0.79
South Valley Apartments2 Bed 2 Bath2BR,2BA$0.84
Parkwood Apartments2 Beds, 2 Baths2BR,2BA$0.89
East Manor ApartmentsEast Manor 2 Bedroom, 1 Bathroom2BR,1BA$0.83
Ozark Mountain Crossing ApartmentsOzark 2 Bed/2 Bath Apartment Available!2BR,2BA$0.86
Embassy ApartmentsEmbassy Apartments - Close to MSU, Downtown Spf...2BR,1BA$0.87
712 Flats1 Beds, 1 Baths1BR,1BA$0.85
North Terrace Apartments2 x 1 Small2BR,1BA$0.73

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.

decorative image of people with a giant lease agreement

Springfield Overview

Springfield is the third largest city in Missouri. It is a commercial center and acts as the gateway to the Ozark Mountains. It is an important agricultural center that has been rapidly growing and strengthening the national economy over the years. Located on the Ozark plateau, it has a flat and gentle rolling terrain with areas of farmland and deciduous forest. A wide variety of Springfield apartments found all over the city make living here fantastic.

Why live in Springfield, MO?

Living in Springfield is easy since it has all one would need. It has a growing job market with 8.5% workforce growth in the last four years, making it the best place to fast-track your career. With Springfield Apartments costing 25% less than the national average, you can easily afford the home you have always wanted. Commuting is easy with less than 20 minutes average for you to get to your destination, and the vibrancy as well as friendliness of Springfield residents is incomparable. It is the ultimate place for those who love the outdoors with verdant woodlands, pristine lakes, and sparkling streams, making it perfect for outdoor adventures.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Springfield, MO Rentals by Map

View MapSpringfield, MO Apartments MapView MapSpringfield, MO Rental Homes Map

Getting Around Springfield, MO

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Springfield Apartments

What is a cheap apartment in Springfield?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Springfield is under $695.

What is the price of a cheap apartment in Springfield?

The cheapest apartment in Springfield is Eastview Apartments which is listed at $609, while the average apartment in Springfield costs $2,390.

What types of apartments are the cheapest in 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 78,766 regular apartments in 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 Springfield?

Cheap apartments in Springfield have an average cost of $411 which is $1,979 cheaper than the average rent for all rentals in Springfield.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.