Cheap Apartments for Rent in the Central Neighborhood of Springfield, MO from $400 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central area of Springfield.

Park East - The Sterling

Campus Court

Central Flats

Park East - Cresco

El Chaparral Apartments

Southwinds Apartments

El Madrid
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.

East Manor Apartments

1432-1432 E Cairo St

Embassy Apartments

Artifacts Warehouse Lofts

Cherry Plaza

Stonewood Apartments

Market Street

SoEl District Lofts
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Spirit of St. Louis

613 W Madison St

400 Place

Southwinds East

620 S Main Ave

1420 E Cherry St, Unit CH 4

The Wayfarer at the Dale
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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Central, Springfield, MO Local Guide

How much does it cost to rent an apartment in Central?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Studio Apartments | $830 | $645 | $1,118 |
Central 1 Bedroom Apartments | $954 | $550 | $2,057 |
Central 2 Bedroom Apartments | $1,058 | $629 | $3,000 |
Central 3 Bedroom Apartments | $1,357 | $550 | $2,085 |
Central 4 Bedroom Apartments | $1,207 | $575 | $2,676 |
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 1 mile radius of the Central Neighborhood of Springfield, MO.
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Central, Springfield, MO Local Guide
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Cheapest Available Central Apartments for Rent
 The cheapest available apartment rental in the Central area of Springfield, MO is a 1 Bed unit found at Markwood priced from $500. Park East - The U has the second lowest priced unit, which is a 4 Beds apartment currently listed from $575. Here are the most affordable Central apartments for rent in Springfield, MO:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Markwood | Markwood 1 Bedroom, 1 Bathroom | 1BR,1BA | $500 |
Park East - The U | The Drake | 4BR,4BA | $575 |
Park East - Cresco | Glass | 2BR,2BA | $655 |
Timbers | Timbers 1 Bedroom, 1 Bathroom | 1BR,1BA | $695 |
Park East - The Sterling | The Miller | Studio,1BA | $699 |
Cherry Plaza | 2 Bedroom Units Available - Close to Downtown &... | 2BR,2BA | $775 |
Embassy Apartments | Embassy Apartments - Close to MSU, Downtown Spf... | 2BR,1BA | $775 |
Stonewood Apartments | Stonewood 2 Bedroom | 2BR,1BA | $795 |
Park East - Sky Eleven | Hunt | 1BR,1BA | $799 |
SoEl District Lofts | Studio/1 Bath/Floorplan B | Studio,1BA | $799 |
Best Value Apartments for Rent in Central, MO
As of May 15, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Artifacts Warehouse Lofts | 4 Bedroom | 4BR,2BA | $0.77 |
Bear Place | 3 Bedroom/3 Bath, June 1 | 3BR,3BA | $1.00 |
Bears Tower | Tower C, Aug 1st | 2BR,2BA | $1.00 |
Wilhoit Plaza Lofts | 3 Bedroom 2 Bath | 3BR,2BA | $0.92 |
Embassy Apartments | Embassy Apartments - Close to MSU, Downtown Spf... | 2BR,1BA | $0.87 |
Aspen Heights Springfield | 2x2 Frisco A/B | 2BR,2BA | $0.92 |
Stonewood Apartments | Stonewood 2 Bedroom | 2BR,1BA | $0.95 |
Elevate Student Living - Deep Elm | D1 | 2BR,2BA | $0.97 |
Markwood | Markwood 1 Bedroom, 1 Bathroom | 1BR,1BA | $0.87 |
Bear Paw Commons | 2x1 | 2BR,1BA | $1.02 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleCentral, Springfield, MO
Ranked #12
Among neighborhoods in Springfield, MO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 Markwood which is listed at $500, while the average apartment in Central costs $2,000.
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 96 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 $493 which is $1,507 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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.