Most Affordable Neighborhoods in Springfield, MO
Some of the cheapest neighborhoods in Springfield are Grant Beach, Rountree Area, and Woodland Heights. These neighborhoods offer some of the lowest rent prices in Springfield, making them ideal for renters on a budget. As of November 26, 2024, the average rent in Springfield is $846, which is 4.4% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Grant Beach
Average Rent
$550/Month
TransitScore® Rating
0/100
Units Available
1 Rentals
If you’re looking for a great, affordable neighborhood in Springfield, Grant Beach might be the perfect place! It has an average rent price of $550, while the city’s average stands at $846. Grant Beach is near Missouri State University, Northview Center, and Wonders of Wildlife.
Rountree Area
Average Rent
$560/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
0/100
Units Available
1 Rentals
Rountree Area is a top choice for budget-conscious renters for a variety of reasons. The average rent in Rountree Area is $560 while the city average is $846. This is a 2.6% difference from last year. Residents enjoy convenient access to Rutledge-Wilson Farm Park, Springfield-Branson Ntl, and Missouri State University. The neighborhood is considered walkable with a WalkScore® of 74.
Woodland Heights
Average Rent
$572/Month
TransitScore® Rating
0/100
Units Available
2 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out Woodland Heights. The average rent is $572, compared to the city average of $846. Woodland Heights is convenient to Springfield-Greene County Botanical Center, Northview Center, and Evangel University. The community is walkable with a WalkScore® of 73.
Southern Hills
Average Rent
$747/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
0/100
Units Available
13 Rentals
Southern Hills is an affordable neighborhood in Springfield with an average rent price of $747. Compare this to the city average of $846. In the past year, rent prices have increased by 4.3%. Southern Hills provides easy access to Battlefield Towers, Springfield Conservation Nature Center, and Ozarks Tech. C.C., Springfield. It’s a somewhat walkable neighborhood with a WalkScore® of 53.
Phelps
Average Rent
$759/Month
TransitScore® Rating
0/100
Units Available
5 Rentals
If you’re looking for a great, affordable neighborhood in Springfield, Phelps might be the perfect place! It has an average rent price of $759, while the city’s average stands at $846. Phelps is near Springfield-Branson Ntl, Wedgewood Shopping Center, and Evangel University.
East Springfield
Average Rent
$836/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
0/100
Units Available
36 Rentals
East Springfield is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Springfield is $836 while the city average is $846. This is a 0.6% difference from last year. Residents enjoy convenient access to Dickerson Park Zoo, Springfield Conservation Nature Center, and Missouri State University. The neighborhood is considered car-dependent with a WalkScore® of 44.
West Springfield
Average Rent
$860/Month
TransitScore® Rating
0/100
Units Available
6 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out West Springfield. The average rent is $860, compared to the city average of $846. Rent prices have increased by 0%. West Springfield is convenient to Missouri State University, Fantastic Caverns, and Iron Grain District Shopping Center. The community is car-dependent with a WalkScore® of 26.
West Central
Average Rent
$864/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
0/100
Units Available
48 Rentals
West Central is an affordable neighborhood in Springfield with an average rent price of $864. Compare this to the city average of $846. In the past year, rent prices have increased by 1.4%. West Central provides easy access to Springfield-Branson Ntl, Evangel University, and Wonders of Wildlife. It’s a somewhat walkable neighborhood with a WalkScore® of 69.
Cooper Estates
Average Rent
$885/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
0/100
Units Available
2 Rentals
If you’re looking for a great, affordable neighborhood in Springfield, Cooper Estates might be the perfect place! It has an average rent price of $885, while the city’s average stands at $846. In the last year, prices have increased by 0.1%. Cooper Estates is near Discovery Center of Springfield, Cimarron Center, and Springfield-Branson Ntl.
Walnut Street
Average Rent
$886/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
0/100
Units Available
25 Rentals
Walnut Street is a top choice for budget-conscious renters for a variety of reasons. The average rent in Walnut Street is $886 while the city average is $846. This is a 1% difference from last year. Residents enjoy convenient access to Dickerson Park Zoo, Archie Griffin Strip Center, and Drury University. The neighborhood is considered walkable with a WalkScore® of 72.
Ready to make your move to Springfield? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.