Most Affordable Neighborhoods in Springfield, MO
Some of the cheapest neighborhoods in Springfield are Rountree Area, Southern Hills, and East Springfield. These neighborhoods offer some of the lowest rent prices in Springfield, making them ideal for renters on a budget. As of December 27, 2024, the average rent in Springfield is $850, which is 4.8% 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.
Rountree Area
Average Rent
$560/Month
Year-Over-Year Rent Change
3%
TransitScore® Rating
0/100
Units Available
1 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out Rountree Area. The average rent is $560, compared to the city average of $850. Rent prices have increased by 3%. Rountree Area is convenient to Wonders of Wildlife, Missouri State University, and Plaza Towers Shopping Center. The community is walkable with a WalkScore® of 74.
Southern Hills
Average Rent
$769/Month
Year-Over-Year Rent Change
3.8%
TransitScore® Rating
0/100
Units Available
17 Rentals
Southern Hills is an affordable neighborhood in Springfield with an average rent price of $769. Compare this to the city average of $850. In the past year, rent prices have increased by 3.8%. Southern Hills provides easy access to Evangel University, Battlefield Towers, and Ozarks Tech. C.C., Springfield. It’s a somewhat walkable neighborhood with a WalkScore® of 53.
East Springfield
Average Rent
$871/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
0/100
Units Available
30 Rentals
If you’re looking for a great, affordable neighborhood in Springfield, East Springfield might be the perfect place! It has an average rent price of $871, while the city’s average stands at $850. In the last year, prices have increased by 0.7%. East Springfield is near Evangel University, Wonders of Wildlife, and Springfield-Greene County Botanical Center.
Cooper Estates
Average Rent
$885/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
0/100
Units Available
2 Rentals
Cooper Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cooper Estates is $885 while the city average is $850. This is a 0.1% difference from last year. Residents enjoy convenient access to Springfield-Greene County Botanical Center, Cimarron Center, and Drury University. The neighborhood is considered car-dependent with a WalkScore® of 17.
West Central
Average Rent
$919/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
0/100
Units Available
62 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out West Central. The average rent is $919, compared to the city average of $850. Rent prices have increased by 1%. West Central is convenient to Springfield-Branson Ntl, Wonders of Wildlife, and Springfield-Greene County Botanical Center. The community is somewhat walkable with a WalkScore® of 69.
Walnut Street
Average Rent
$927/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
0/100
Units Available
21 Rentals
Walnut Street is an affordable neighborhood in Springfield with an average rent price of $927. Compare this to the city average of $850. In the past year, rent prices have increased by 1.2%. Walnut Street provides easy access to Rutledge-Wilson Farm Park, Dickerson Park Zoo, and Drury University. It’s a walkable neighborhood with a WalkScore® of 72.
West Springfield
Average Rent
$930/Month
TransitScore® Rating
0/100
Units Available
3 Rentals
If you’re looking for a great, affordable neighborhood in Springfield, West Springfield might be the perfect place! It has an average rent price of $930, while the city’s average stands at $850. In the last year, prices have increased by 0%. West Springfield is near Missouri State University, Springfield-Branson Ntl, and Drury University.
Phelps
Average Rent
$939/Month
TransitScore® Rating
0/100
Units Available
8 Rentals
Phelps is a top choice for budget-conscious renters for a variety of reasons. The average rent in Phelps is $939 while the city average is $850. Residents enjoy convenient access to Dickerson Park Zoo, Archie Griffin Strip Center, and Springfield-Branson Ntl. The neighborhood is considered walkable with a WalkScore® of 72.
Downtown Springfield
Average Rent
$952/Month
Year-Over-Year Rent Change
11%
TransitScore® Rating
0/100
Units Available
42 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out Downtown Springfield. The average rent is $952, compared to the city average of $850. Rent prices have increased by 11%. Downtown Springfield is convenient to Rutledge-Wilson Farm Park, Drury University, and Springfield-Greene County Botanical Center. The community is walkable with a WalkScore® of 90.
North Springfield
Average Rent
$980/Month
Year-Over-Year Rent Change
6.8%
TransitScore® Rating
0/100
Units Available
61 Rentals
North Springfield is an affordable neighborhood in Springfield with an average rent price of $980. Compare this to the city average of $850. In the past year, rent prices have increased by 6.8%. North Springfield provides easy access to Rutledge-Wilson Farm Park, Wonders of Wildlife, and Super Center Plaza. It’s a car-dependent neighborhood with a WalkScore® of 36.
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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.