Most Affordable Neighborhoods in Springfield, MO
Some of the cheapest neighborhoods in Springfield are Melrose Place, West Central, and East Springfield. These neighborhoods offer some of the lowest rent prices in Springfield, making them ideal for renters on a budget. As of September 12, 2025, the average rent in Springfield is $890, which is 2.7% 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.
Melrose Place
Average Rent
$678/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Springfield, Melrose Place might be the perfect place! It has an average rent price of $678, while the city’s average stands at $890. Melrose Place is near Springfield Conservation Nature Center, Missouri State University, and Spring Valley Business Center.
West Central
Average Rent
$766/Month
Year-Over-Year Rent Change
3.9%
TransitScore® Rating
0/100
Units Available
19 Rentals
West Central is a top choice for budget-conscious renters for a variety of reasons. The average rent in West Central is $766 while the city average is $890. This is a 3.9% difference from last year. Residents enjoy convenient access to Evangel University, Springfield-Greene County Botanical Center, and Discovery Center of Springfield. The neighborhood is considered somewhat walkable with a WalkScore® of 69.
East Springfield
Average Rent
$775/Month
Year-Over-Year Rent Change
3%
TransitScore® Rating
0/100
Units Available
31 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out East Springfield. The average rent is $775, compared to the city average of $890. Rent prices have increased by 3%. East Springfield is convenient to Cimarron Center, Wonders of Wildlife, and Eastgate Plaza. The community is car-dependent with a WalkScore® of 44.
Chamberlains Estates
Average Rent
$793/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
Chamberlains Estates is an affordable neighborhood in Springfield with an average rent price of $793. Compare this to the city average of $890. Chamberlains Estates provides easy access to Gri Center, Springfield-Greene County Botanical Center, and Evangel University. It’s a walkable neighborhood with a WalkScore® of 72.
Walnut Street
Average Rent
$806/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
0/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Springfield, Walnut Street might be the perfect place! It has an average rent price of $806, while the city’s average stands at $890. In the last year, prices have decreased by 0.9%. Walnut Street is near Dickerson Park Zoo, Springfield-Greene County Botanical Center, and Archie Griffin Strip Center.
Southern Gates
Average Rent
$821/Month
Units Available
19 Rentals
Southern Gates is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southern Gates is $821 while the city average is $890. Residents enjoy convenient access to Wonders of Wildlife, The Village Shopping Center, and Rutledge-Wilson Farm Park.
Glendale Terrace
Average Rent
$828/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
When you’re looking for a great Springfield neighborhood on a budget, check out Glendale Terrace. The average rent is $828, compared to the city average of $890. Glendale Terrace is convenient to Evangel University, Wilson Plaza, and Rutledge-Wilson Farm Park. The community is somewhat walkable with a WalkScore® of 55.
Springfield Entertainment District
Average Rent
$829/Month
TransitScore® Rating
0/100
Units Available
12 Rentals
Springfield Entertainment District is an affordable neighborhood in Springfield with an average rent price of $829. Compare this to the city average of $890. Springfield Entertainment District provides easy access to Rutledge-Wilson Farm Park, Missouri State University, and Dickerson Park Zoo. It’s a walkable neighborhood with a WalkScore® of 70.
High Meadow Estates
Average Rent
$856/Month
Units Available
23 Rentals
If you’re looking for a great, affordable neighborhood in Springfield, High Meadow Estates might be the perfect place! It has an average rent price of $856, while the city’s average stands at $890. High Meadow Estates is near Sheid's Plaza, Missouri State University, and Springfield-Greene County Botanical Center.
North Springfield
Average Rent
$879/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
0/100
Units Available
47 Rentals
North Springfield is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Springfield is $879 while the city average is $890. This is a 1.9% difference from last year. Residents enjoy convenient access to Dickerson Park Zoo, Springfield-Branson Ntl, and Fantastic Caverns. The neighborhood is considered car-dependent with a WalkScore® of 36.
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.