
Cheap Apartments for Rent in the Sherman Ave Project Area Springfield, MO from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Ave Project Area area of Springfield.


Town and Campus Apartments

Marion Park Apartments

Silver Springs Apartments

Park East - Cresco

1107 N Sherman Ave
Sherman Ave Project Area, Springfield, MO Local Guide

How much does it cost to rent an apartment in Sherman Ave Project Area?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sherman Ave Project Area Studio Apartments | $846 | $655 | $1,385 |
Sherman Ave Project Area 1 Bedroom Apartments | $971 | $660 | $1,871 |
Sherman Ave Project Area 2 Bedroom Apartments | $1,042 | $680 | $2,504 |
Sherman Ave Project Area 3 Bedroom Apartments | $1,190 | $550 | $3,385 |
Sherman Ave Project Area 4 Bedroom Apartments | $865 | $615 | $2,580 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Sherman Ave Project Area Neighborhood of Springfield, MO.
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Sherman Ave Project Area, Springfield, MO Local Guide
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Cheapest Available Sherman Ave Project Area Apartments for Rent
 The cheapest available apartment rental in the Sherman Ave Project Area area of Springfield, MO is a 4 Beds unit found at Park East - The U priced from $615. Greenway Studios has the second lowest priced unit, which is a Studio apartment currently listed from $655. Here are the most affordable Sherman Ave Project Area apartments for rent in Springfield, MO:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Park East - The U | The Drake | 4BR,4BA | $615 |
Greenway Studios | Studio | Studio,1BA | $655 |
Park East - The Sterling | The Miller | 1BR,1BA | $699 |
Best Value Apartments for Rent in Sherman Ave Project Area, MO
As of March 29, 2025 the best value apartment in the Sherman Ave Project Area area is the $0.89 price per square foot 2 Beds, 2 Baths Model at Parkwood Apartments in the in the Northeast neighborhood starting from $975. The second greatest value Sherman Ave Project Area apartment is the 2 Bed Model at Silver Springs Apartments starting at $770 with a $0.92 price per square foot in the Northeast neighborhood. Here is today’s list of the best values for Sherman Ave Project Area apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parkwood Apartments | 2 Beds, 2 Baths | 2BR,2BA | $0.89 |
Silver Springs Apartments | 2 Bed | 2BR,1.5BA | $0.92 |
Highland Park | 1 Bedroom - Remodeled | 1BR,1BA | $1.31 |
Park East - Sky Eleven | Hunt | 1BR,1BA | $1.30 |
Bear Paw Commons | 2x1 | 2BR,1BA | $1.02 |
Park East - The U | The Terrazo | 1BR,1BA | $1.84 |
Marion Park Apartments | Studio | Studio ,1BA | $1.50 |
Park East - Cresco | Hubble | 1BR,1BA | $2.01 |
Greenway Studios | Furnished Studio | Studio ,1BA | $2.30 |
Park East - The Sterling | The Reppio | 1BR,1BA | $2.60 |
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the Sherman Ave Project Area Neighborhood in Springfield, MO
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
60 / 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 Sherman Ave Project Area Apartments
What is a cheap apartment in Sherman Ave Project Area?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherman Ave Project Area is under $1,045.
What is the price of a cheap apartment in Sherman Ave Project Area?
The cheapest apartment in Sherman Ave Project Area is Park East - The Sterling which is listed at $699, while the average apartment in Sherman Ave Project Area costs $900.
What types of apartments are the cheapest in Sherman Ave Project Area?
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 68 regular apartments in Sherman Ave Project Area 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 Sherman Ave Project Area?
Cheap apartments in Sherman Ave Project Area have an average cost of $689 which is $211 cheaper than the average rent for all rentals in Sherman Ave Project Area.
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
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Renting Smart: Lease Basics Every Renter Needs
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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.

How Your Move-In Inspection Can Protect Your Security Deposit
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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.