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cheap apartments
Last updated January 29 2020 at 12:02 PM

57 Cheap Apartments for rent in Springfield, MO

Last updated January 29 at 10:43am
Heart of the Westside
1 Unit Available
2660 W Phelps St
2660 West Phelps Street, Springfield, MO
2 Bedrooms
$495
Cozy 2 bedroom small front porch nice yard located near shopping and bus lin (RLNE4340706)
Last updated January 29 at 10:43am
Woodland
1 Unit Available
2252 N Lyon Ave
2252 North Lyon Avenue, Springfield, MO
2 Bedrooms
$450
adorable 2 bedroom nice yard close to bus line and shopping (RLNE4340659)
Last updated January 29 at 10:43am
Tom Watkins
1 Unit Available
2211 W Atlantic St
2211 West Atlantic Street, Springfield, MO
1 Bedroom
$425
Perfect for 1! 1 bedroom 1 bath (RLNE4340619)
Last updated January 29 at 10:43am
Westside
1 Unit Available
2850 W Elm St
2850 West Elm Street, Springfield, MO
2 Bedrooms
$495
2 bedroom cute home! (RLNE4340723)
Last updated January 29 at 10:43am
Grant Beach
1 Unit Available
1520 W Division St
1520 West Division Street, Springfield, MO
2 Bedrooms
$500
Excellent starter home! This home has 3 bedrooms and a formal dining and a large fenced in yard for your pet!! (RLNE4337815)
Last updated January 29 at 10:43am
Grant Beach
1 Unit Available
1427 W Lynn St
1427 West Lynn Street, Springfield, MO
2 Bedrooms
$495
Charming 2 bedroom house with a small front porch. Just in time for fall! Pet friendly! Accepts Section 8. (RLNE4340456)
Last updated January 29 at 10:43am
Weller
1 Unit Available
1300 E Division St
1300 East Division Street, Springfield, MO
1 Bedroom
$495
Cozy 1 bedroom apartment small yard and pet friendy (RLNE4340836)
Last updated January 29 at 10:43am
1 Unit Available
3226 N Howard Ave
3226 North Howard Avenue, Springfield, MO
1 Bedroom
$395
Cozy 1 bedroom home with carport nice size yard pet friendly located near shopping and bus line (RLNE3781089)
Last updated January 29 at 10:43am
Midtown
1 Unit Available
425 W Division St
425 West Division Street, Springfield, MO
2 Bedrooms
$495
Charming 2 bedroom home covered front porch nice yard great location pet friendly (RLNE3781252)
Last updated January 29 at 10:43am
1 Unit Available
3220 N Howard Ave
3220 North Howard Avenue, Springfield, MO
2 Bedrooms
$395
charming 2 bedroom pet friendly located near bus line and shopping (RLNE3780575)
Last updated January 29 at 10:43am
1 Unit Available
3222 N Howard Ave
3222 North Howard Avenue, Springfield, MO
2 Bedrooms
$395
cozy 2 bedroom home with carport nice yard great location pet friendly (RLNE3780571)
Last updated January 29 at 10:43am
West Central
1 Unit Available
911 S Missouri Ave
911 South Missouri Avenue, Springfield, MO
2 Bedrooms
Ask
3 Bedrooms
$495
Cozy 3 bedroom house small front porch nice yard pet friendly located near shopping (RLNE3421742)
Last updated January 29 at 10:43am
West Central
1 Unit Available
852 S Nettleton Ave
852 South Nettleton Avenue, Springfield, MO
3 Bedrooms
$450
4 Bedrooms
Ask
cozy 2 bedroom house close to shopping pet friendly (RLNE3410390)
Last updated January 29 at 10:43am
West Central
1 Unit Available
629 W Madison St
629 West Madison Street, Springfield, MO
3 Bedrooms
$500
charming 3 bedroom house nice size yard located near shopping and bus line pet friendly (RLNE3389044)
Last updated January 29 at 10:43am
West Central
1 Unit Available
727 S Douglas Ave
727 South Douglas Avenue, Springfield, MO
3 Bedrooms
$495
Cozy 2 bedroom with basement mix of hardwood and carpet cute yard pet friendly located near shopping (RLNE3399899)
Last updated January 29 at 10:43am
Midtown
1 Unit Available
720 E Commercial St
720 East Commercial Street, Springfield, MO
2 Bedrooms
$500
Charming 2 bedroom home cute front porch nice size yard pet friendly located near shopping (RLNE3394718)
Last updated January 29 at 10:43am
Heart of the Westside
1 Unit Available
711 N Park Ave
711 North Park Avenue, Springfield, MO
2 Bedrooms
$495
672 sqft
cozy 2 bedroom large back yard dinning room pet friendly located near shopping close to bus line (RLNE3391716)
Last updated January 29 at 10:43am
West Central
1 Unit Available
536 S Broadway Ave
536 South Broadway Avenue, Springfield, MO
2 Bedrooms
Ask
3 Bedrooms
$495
charming 3 bedroom house small front porch nice yard pet friendly located near shopping and bus line (RLNE3356884)
Last updated January 29 at 10:43am
Westside
1 Unit Available
501 N West Ave
501 North West Avenue, Springfield, MO
1 Bedroom
$450
564 sqft
charming 1 bedroom house nice yard located near bus line and shopping pet friendly (RLNE3352585)
Last updated January 29 at 10:43am
Fairfield Acres - Bissett
1 Unit Available
2730 W Chestnut St
2730 West Chestnut Street, Springfield, MO
2 Bedrooms
$450
525 sqft
cozy 2 bedroom house large yard located near shopping and bus pet friendly (RLNE3333412)
Last updated January 29 at 10:43am
Heart of the Westside
1 Unit Available
2028 W Division St
2028 West Division Street, Springfield, MO
2 Bedrooms
$495
892 sqft
Cute 2 bedroom house small front porch nice size yard close to shopping and bus line (RLNE3321516)
Last updated January 29 at 10:43am
Woodland
1 Unit Available
519 E Dale St
519 East Dale Street, Springfield, MO
2 Bedrooms
$495
700 sqft
Cozy 2 bedroom house with small front porch nice yard located near shopping and bus line pet friendly (RLNE3356818)
Last updated January 29 at 10:43am
Frisco Highline
1 Unit Available
4346 W Maple St
4346 West Maple Street, Springfield, MO
1 Bedroom
Ask
2 Bedrooms
$400
cozy 2 bedroom big yard located near shopping pet friendly close to bus line (RLNE3348908)
Last updated January 29 at 10:43am
Sherwood
1 Unit Available
2761 W Latoka St
2761 West Latoka Street, Springfield, MO
2 Bedrooms
$500
Adorable 2 bedroom house double doors off kitchen big living room large deck fenced in back yard located near shopping pet friendly (RLNE3335293)

February 2020 Springfield Rent Report

Welcome to the February 2020 Springfield Rent Report. Springfield rents increased over the past month. In this report, we'll evaluate trends in the Springfield rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

February 2020 Springfield Rent Report

Welcome to the February 2020 Springfield Rent Report. Springfield rents increased over the past month. In this report, we'll evaluate trends in the Springfield rental market, including comparisons to cities throughout the state and nation.

Springfield rents increased slightly over the past month

Springfield rents have increased 0.2% over the past month, and have increased moderately by 2.3% in comparison to the same time last year. Currently, median rents in Springfield stand at $536 for a one-bedroom apartment and $698 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in September of last year. Springfield's year-over-year rent growth leads the state average of 0.9%, as well as the national average of 1.6%.

    Rents rising across cities in Missouri

    Throughout the past year, rent increases have been occurring not just in the city of Springfield, but across the entire state. Of the largest 10 cities that we have data for in Missouri, all of them have seen prices rise. The state as a whole logged rent growth of 0.9% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, St. Peters is the most expensive of all Missouri's major cities, with a median two-bedroom rent of $1,222; of the 10 largest Missouri cities that we have data for, all have seen rents rise year-over-year, with St. Charles experiencing the fastest growth (+2.5%).
    • Springfield, St. Joseph, and Independence have all experienced year-over-year growth above the state average (2.3%, 1.5%, and 1.3%, respectively).

    Springfield rents more affordable than many large cities nationwide

    As rents have increased moderately in Springfield, a few large cities nationwide have also seen rents grow modestly. Springfield is still more affordable than most large cities across the country.

    • Springfield's median two-bedroom rent of $698 is below the national average of $1,193. Nationwide, rents have grown by 1.6% over the past year compared to the 2.3% increase in Springfield.
    • While Springfield's rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+3.7%), Dallas (+2.4%), and Seattle (+1.8%).
    • Renters will find more reasonable prices in Springfield than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is nearly four-and-a-half times the price in Springfield.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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