3 Hours Ago
Location
308 E Madison St, Springfield, MO 65806, USA
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Property Overview
308 Madison features a solid Zumper Expert Rating, indicating strong rental potential. The property has several advantages, including convenient access to local amenities and a desirable location. Notable features enhance its appeal, making it a compelling option in the market.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- High school nearby
- Less expensive
Great for
Social life
Eco living
Floor plans
| 2/1 | 2 bed | 1 bath | 950 sqft | $875 /mo |
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Policies and fees
Applicants
Application Fee
One-time.
Contact Property
REQUIRED FEES
Admin Fee
One-time.
$25
Security Deposit
One-time. Refundable.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 10 |
|---|
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About 308 Madison
Quiet, well-maintained 10-unit community featuring a large shared courtyard, and assigned parking. Ideally located just minutes from MSU and downtown Springfield, with a BearLine bus stop just steps from the property for easy commuting.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.7
/10
Very Good308 Madison is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 308 Madison is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 308 Madison is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
308 Madison is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 308 Madison does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
308 Madison provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
308 Madison is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 308 Madison compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.1 mile away
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
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Rent trends in Springfield
2-bedroom apartments at 308 Madison cost about 17% less than the average rent price for 2-bedroom apartments in Springfield.
Median rents as of Apr 4 2026.
Springfield
| Month | Median Rent |
|---|---|
| April 2024 | $795 |
| May 2024 | $840 |
| June 2024 | $863 |
| July 2024 | $862 |
| August 2024 | $826 |
| September 2024 | $836 |
| October 2024 | $841 |
| November 2024 | $835 |
| December 2024 | $858 |
| January 2025 | $862 |
| February 2025 | $851 |
| March 2025 | $821 |
| April 2025 | $839 |
| May 2025 | $817 |
| June 2025 | $818 |
| July 2025 | $805 |
| August 2025 | $807 |
| September 2025 | $814 |
| October 2025 | $850 |
| November 2025 | $848 |
| December 2025 | $856 |
| January 2026 | $879 |
| February 2026 | $875 |
| March 2026 | $896 |
| April 2026 | $895 |
Affordability calculator
Can I afford to live at 308 E Madison St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$35,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,000 annually to afford this 2-bedrooms monthly rent price of $875.
For more information on rent affordability, visit our rent calculator.
Schools near 308 Madison
Rountree Elementary School
1333 e grand
springfield, MO, 65804
K-5Public
C+
Greene Valley School
1601 e pythian
springfield, MO, 65802
K-12Public
Shady Dell Early Childhood Center
2757 e division
springfield, MO, 65803
PKPublic
Adah Fulbright Early Childhood
3373 wbattlefield rd
springfield, MO, 65807
PKPublic
Cogdill Early Childhood Center
218 w mccabe st
strafford, MO, 65757
PKPublic
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Internet available near 308 Madison
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Springfield near 308 E Madison St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Points of interest for 308 E Madison St, Springfield
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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