Most Affordable Neighborhoods in Springfield, MO
Some of the cheapest neighborhoods in Springfield are West Central, Chamberlains Estates, and Walnut Street. These neighborhoods offer some of the lowest rent prices in Springfield, making them ideal for renters on a budget. As of July 28, 2025, the average rent in Springfield is $882, which is 3.4% 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.
West Central
Average Rent
$776/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
0/100
Units Available
29 Rentals
West Central is a top choice for budget-conscious renters for a variety of reasons. The average rent in West Central is $776 while the city average is $882. This is a 2.9% difference from last year. Residents enjoy convenient access to Dickerson Park Zoo, Springfield-Greene County Botanical Center, and Discovery Center of Springfield. The neighborhood is considered somewhat walkable with a WalkScore® of 69.
Chamberlains Estates
Average Rent
$793/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out Chamberlains Estates. The average rent is $793, compared to the city average of $882. Chamberlains Estates is convenient to Evangel University, Wonders of Wildlife, and Rutledge-Wilson Farm Park. The community is walkable with a WalkScore® of 72.
Walnut Street
Average Rent
$804/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
0/100
Units Available
16 Rentals
Walnut Street is an affordable neighborhood in Springfield with an average rent price of $804. Compare this to the city average of $882. In the past year, rent prices have increased by 1.2%. Walnut Street provides easy access to Ozarks Tech. C.C., Springfield, Evangel University, and Rutledge-Wilson Farm Park. It’s a walkable neighborhood with a WalkScore® of 72.
East Springfield
Average Rent
$809/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
0/100
Units Available
32 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 $809, while the city’s average stands at $882. In the last year, prices have increased by 2.4%. East Springfield is near Habersham Center, Cimarron Center, and Wonders of Wildlife.
Glendale Terrace
Average Rent
$825/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
Glendale Terrace is a top choice for budget-conscious renters for a variety of reasons. The average rent in Glendale Terrace is $825 while the city average is $882. Residents enjoy convenient access to Missouri State University, The Corner Shopping Center, and Springfield-Branson Ntl. The neighborhood is considered somewhat walkable with a WalkScore® of 55.
Country Club Terrace
Average Rent
$837/Month
Units Available
24 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out Country Club Terrace. The average rent is $837, compared to the city average of $882. Country Club Terrace is convenient to Springfield-Branson Ntl, Plaza Towers Shopping Center, and Springfield Conservation Nature Center.
Springfield Entertainment District
Average Rent
$868/Month
TransitScore® Rating
0/100
Units Available
17 Rentals
Springfield Entertainment District is an affordable neighborhood in Springfield with an average rent price of $868. Compare this to the city average of $882. Springfield Entertainment District provides easy access to Carter Retail, Gri Center, and Wonders of Wildlife. It’s a walkable neighborhood with a WalkScore® of 70.
Southern Hills
Average Rent
$903/Month
Year-Over-Year Rent Change
15.8%
TransitScore® Rating
0/100
Units Available
21 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 $903, while the city’s average stands at $882. In the last year, prices have increased by 15.8%. Southern Hills is near Evangel University, Springfield-Greene County Botanical Center, and 3405 E Battlefield.
High Meadow Estates
Average Rent
$934/Month
Units Available
11 Rentals
High Meadow Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in High Meadow Estates is $934 while the city average is $882. Residents enjoy convenient access to Wonders of Wildlife, Discovery Center of Springfield, and Battlefield Market Place.
Downtown Springfield
Average Rent
$966/Month
Year-Over-Year Rent Change
5.8%
TransitScore® Rating
0/100
Units Available
37 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out Downtown Springfield. The average rent is $966, compared to the city average of $882. Rent prices have decreased by 5.8%. Downtown Springfield is convenient to Glenstone Center, Springfield-Branson Ntl, and Carter Retail. The community is walkable with a WalkScore® of 90.
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.