Best Affordable Neighborhoods in Springfield, MO
Some of the cheapest neighborhoods in Springfield are East Springfield, Southern Hills, and Walnut Street. These neighborhoods offer some of the lowest rent prices in Springfield, making them ideal for renters on a budget. As of December 12, 2025, the average rent in Springfield is $907, which is 4.6% 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.
East Springfield
Average Rent
$792/Month
Year-Over-Year Rent Change
5.5%
TransitScore® Rating
0/100
Units Available
24 Rentals
East Springfield is an affordable neighborhood in Springfield with an average rent price of $792. Compare this to the city average of $907. In the past year, rent prices have increased by 5.5%. East Springfield provides easy access to Eastgate Plaza, Habersham Center, and Wonders of Wildlife. It’s a car-dependent neighborhood with a WalkScore® of 44.
Southern Hills
Average Rent
$803/Month
Year-Over-Year Rent Change
15.2%
TransitScore® Rating
0/100
Units Available
22 Rentals
If you’re looking for a great, affordable neighborhood in Springfield, Southern Hills might be the perfect place! It has an average rent price of $803, while the city’s average stands at $907. In the last year, prices have increased by 15.2%. Southern Hills is near Springfield-Greene County Botanical Center, Springfield Conservation Nature Center, and Evangel University.
Walnut Street
Average Rent
$813/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
Walnut Street is a top choice for budget-conscious renters for a variety of reasons. The average rent in Walnut Street is $813 while the city average is $907. This is a -0% difference from last year. Residents enjoy convenient access to Evangel University, Missouri State University, and Springfield-Greene County Botanical Center. The neighborhood is considered walkable with a WalkScore® of 72.
Cambridge Terrace
Average Rent
$844/Month
Units Available
16 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out Cambridge Terrace. The average rent is $844, compared to the city average of $907. Cambridge Terrace is convenient to Fox Grape Plaza, Springfield-Greene County Botanical Center, and 3405 E Battlefield.
High Meadow Estates
Average Rent
$864/Month
Units Available
17 Rentals
High Meadow Estates is an affordable neighborhood in Springfield with an average rent price of $864. Compare this to the city average of $907. High Meadow Estates provides easy access to Springfield-Branson Ntl, Wonders of Wildlife, and Springfield-Greene County Botanical Center.
West Village
Average Rent
$937/Month
TransitScore® Rating
0/100
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Springfield, West Village might be the perfect place! It has an average rent price of $937, while the city’s average stands at $907. West Village is near Kansas Station, Springfield Conservation Nature Center, and Wonders of Wildlife.
West Central
Average Rent
$981/Month
Year-Over-Year Rent Change
4.2%
TransitScore® Rating
0/100
Units Available
30 Rentals
West Central is a top choice for budget-conscious renters for a variety of reasons. The average rent in West Central is $981 while the city average is $907. This is a 4.2% difference from last year. Residents enjoy convenient access to Drury University, Rutledge-Wilson Farm Park, and Ozarks Tech. C.C., Springfield. The neighborhood is considered somewhat walkable with a WalkScore® of 69.
Southwest Springfield
Average Rent
$1,029/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
0/100
Units Available
196 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out Southwest Springfield. The average rent is $1,029, compared to the city average of $907. Rent prices have increased by 4.3%. Southwest Springfield is convenient to Kansas Plaza, Discovery Center of Springfield, and Missouri State University. The community is car-dependent with a WalkScore® of 48.
North Springfield
Average Rent
$1,045/Month
Year-Over-Year Rent Change
3%
TransitScore® Rating
0/100
Units Available
59 Rentals
North Springfield is an affordable neighborhood in Springfield with an average rent price of $1,045. Compare this to the city average of $907. In the past year, rent prices have increased by 3%. North Springfield provides easy access to Missouri State University, Super Center Plaza, and Discovery Center of Springfield. It’s a car-dependent neighborhood with a WalkScore® of 36.
Southeast Springfield
Average Rent
$1,062/Month
Year-Over-Year Rent Change
8%
TransitScore® Rating
0/100
Units Available
137 Rentals
If you’re looking for a great, affordable neighborhood in Springfield, Southeast Springfield might be the perfect place! It has an average rent price of $1,062, while the city’s average stands at $907. In the last year, prices have increased by 8%. Southeast Springfield is near Battlefield Square Shoppes, Rutledge-Wilson Farm Park, and Springfield-Branson Ntl.
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.