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from $645Studio to 1 Bedroom Apartments Available Now
Central Flats
431 E Harrison StSpringfield, MO 65806
Cheap Apartments for Rent in the Phelps Neighborhood of Springfield, MO from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Phelps area of Springfield.
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from $799Studio to 3 Bedroom Apartments Available Now
SoEl District Lofts
430 E Elm StSpringfield, MO 65806
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from $8001 Bedroom Apartments Available Now
Spirit of St. Louis
1310 E Saint Louis StSpringfield, MO 65802
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from $900Studio to 2 Bedroom Apartments Available Now
The Dale
1112 S Grant AveSpringfield, MO 65807
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Phelps, Springfield, MO Local Guide
How much does it cost to rent an apartment in Phelps?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phelps Studio Apartments | $878 | $645 | $1,118 |
| Phelps 1 Bedroom Apartments | $990 | $695 | $1,385 |
| Phelps 2 Bedroom Apartments | $1,174 | $730 | $1,550 |
| Phelps 3 Bedroom Apartments | $1,323 | $808 | $1,800 |
| Phelps 4 Bedroom Apartments | $1,012 | $599 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Phelps Neighborhood of Springfield, MO.
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Phelps, Springfield, MO Local Guide
- Nearby Springfield neighborhoods
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Cheapest Available Phelps Apartments for Rent
The cheapest available apartment rental in the Phelps area of Springfield, MO is a Studio unit found at Central Flats priced from $695. SoEl District Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Phelps apartments for rent in Springfield, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Central Flats | Remodeled Studio | Studio,1BA | $695 |
| SoEl District Lofts | Studio/1 Bath/Floorplan B | Studio,1BA | $799 |
| Spirit of St. Louis | Studio | 1BR,1BA | $800 |
Best Value Apartments for Rent in Phelps, MO
As of April 16, 2025 the best value apartment in the Phelps area is the $1.20 price per square foot 3 Bedroom Model at Artifacts Warehouse Lofts in the in the Central neighborhood starting from $1,500. The second greatest value Phelps apartment is the Tower C, July 1st Model at Bears Tower starting at $1,285 with a $1.07 price per square foot in the Central neighborhood. Here is today’s list of the best values for Phelps apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Artifacts Warehouse Lofts | 3 Bedroom | 3BR,2BA | $1.20 |
| Bears Tower | Tower C, July 1st | 2BR,2BA | $1.07 |
| Aspen Heights Springfield | 2x2 Frisco A/B | 2BR,2BA | $0.92 |
| Elevate Student Living - Deep Elm | D1 | 2BR,2BA | $0.97 |
| Westwood on Battlefield | A1R- Upgraded | 1BR,1BA | $1.54 |
| Bear Paw Commons | 2x1 | 2BR,1BA | $1.02 |
| The Dale | Studio | Studio ,1BA | $1.86 |
| The Crossings at East Cherry | 1 Bedroom, 1 Bath | 1BR,1BA | $2.08 |
| Central Flats | Remodeled Studio | Studio ,1BA | $1.74 |
| SoEl District Lofts | Studio/1 Bath/Floorplan B | Studio ,1BA | $2.02 |
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Pet Friendly LifestylePhelps, Springfield, MO
Ranked #25
Among neighborhoods in Springfield, MO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Phelps Neighborhood in Springfield, MO
Walk Score®
72 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
67 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Phelps Apartments
What is a cheap apartment in Phelps?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Phelps is under $1,500.
What is the price of a cheap apartment in Phelps?
The cheapest apartment in Phelps is Spirit of St. Louis which is listed at $800, while the average apartment in Phelps costs $2,150.
What types of apartments are the cheapest in Phelps?
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 19 regular apartments in Phelps 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 Phelps?
Cheap apartments in Phelps have an average cost of $419 which is $1,731 cheaper than the average rent for all rentals in Phelps.
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.
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.
Know Your Rights - How Discrimination Laws Impact Landlords & 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.
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.
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.