Cheap Apartments for Rent in the Central Neighborhood of Springfield, MO from $400 (50 Rentals)

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

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638 S Campbell Ave
1 to 2 Bedroom Apartments

638 S Campbell Ave

638 S Campbell AveSpringfield, MO 65806
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Lumen
1 to 2 Bedroom Apartments

Lumen

728 E Walnut StSpringfield, MO 65806
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Six23 Condos
Studio to 3 Bedroom Apartments

Six23 Condos

623 W WalnutSpringfield, MO 65806
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Jenny Lind Hall
1 Bedroom Apartments

Jenny Lind Hall

711 S Jefferson AveSpringfield, MO 65806
Senior Living
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Alexandria Apartments
2 Bedroom Apartments

Alexandria Apartments

1230 E McDaniel StSpringfield, MO 65802
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The M @ 414
1 to 2 Bedroom Apartments

The M @ 414

414 E Monroe StSpringfield, MO 65806
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Walnut Apartments
1 to 2 Bedroom Apartments

Walnut Apartments

700-720 E Walnut StSpringfield, MO 65806
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Stove Works Lofts
1 Bedroom Apartments

Stove Works Lofts

505 N Jefferson AveSpringfield, MO 65806
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Windsor Court Plaza
2 Bedroom Apartments

Windsor Court Plaza

920 S Campbell AveSpringfield, MO 65806
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Springfield Commons
Studio to 1 Bedroom Apartments

Springfield Commons

728 S Jefferson AveSpringfield, MO 65806
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Ambassador Apartments
Studio to 2 Bedroom Apartments

Ambassador Apartments

1235 Elm StSpringfield, MO 65802
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Founders Park Lofts
Studio to 3 Bedroom Apartments

Founders Park Lofts

331 E Water StSpringfield, MO 65806
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H & T Apartments
1 to 2 Bedroom Apartments

H & T Apartments

1222 E Elm StSpringfield, MO 65802
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711 N Weaver Ave
2 Bedroom Apartments

711 N Weaver Ave

711 N Weaver AveSpringfield, MO 65802
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Regency Towers
1 to 2 Bedroom Apartments

Regency Towers

634 S National AveSpringfield, MO 65804
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Walnut Shade
2 Bedroom Apartments

Walnut Shade

1138 E Walnut StSpringfield, MO 65806

Central, Springfield, MO Local Guide

Cheapest Available Central Apartments for Rent

 

The cheapest available apartment rental in the Central area of Springfield, MO is a 4 Beds unit found at Park East - The U priced from $615. El Madrid has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here are the most affordable Central apartments for rent in Springfield, MO:

Apartment ListingModel NameBed/BathPriced From
Park East - The UThe Drake4BR,4BA$615
El MadridEl Madrid StudioStudio,1BA$675
Central FlatsRemodeled StudioStudio,1BA$695
TimbersTimbers 1 Bedroom, 1 Bathroom1BR,1BA$695
Park East - The SterlingThe Miller1BR,1BA$699
Park East - CrescoGlass2BR,2BA$705
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$775
Embassy ApartmentsEmbassy Apartments - Close to MSU, Downtown Spf...2BR,1BA$775
Stonewood ApartmentsStonewood 2 Bedroom2BR,1BA$795
Park East - Sky ElevenHunt1BR,1BA$799

Best Value Apartments for Rent in Central, MO

As of April 26, 2025 the best value apartment in the Central area is the $0.77 price per square foot 4 Bedroom Model at Artifacts Warehouse Lofts in the in the Central neighborhood starting from $1,700. The second greatest value Central apartment is the 3 Bedroom/3 Bath, June 1 Model at Bear Place starting at $1,500 with a $1.00 price per square foot in the Central neighborhood. Here is today’s list of the best values for Central apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Artifacts Warehouse Lofts4 Bedroom4BR,2BA$0.77
Bear Place3 Bedroom/3 Bath, June 13BR,3BA$1.00
Bears TowerTower C, Aug 1st2BR,2BA$1.03
Wilhoit Plaza Lofts3 Bedroom 2 Bath3BR,2BA$0.92
Embassy ApartmentsEmbassy Apartments - Close to MSU, Downtown Spf...2BR,1BA$0.87
Aspen Heights Springfield2x2 Frisco A/B2BR,2BA$0.92
Stonewood ApartmentsStonewood 2 Bedroom2BR,1BA$0.95
Elevate Student Living - Deep ElmD12BR,2BA$0.97
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.03
Bear Paw Commons2x12BR,1BA$1.02

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
Central, Springfield, MO

Ranked #12

Among neighborhoods in Springfield, MO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Springfield. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Central Apartments

What is a cheap apartment in Central?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central is under $799.

What is the price of a cheap apartment in Central?

The cheapest apartment in Central is Timbers which is listed at $695, while the average apartment in Central costs $2,200.

What types of apartments are the cheapest in Central?

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 91 regular apartments in Central 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 Central?

Cheap apartments in Central have an average cost of $469 which is $1,731 cheaper than the average rent for all rentals in Central.

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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.