Cheap Apartments for Rent in Alton, MO from $400 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in Alton.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Caraway Commons
Rent Specials
$850 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,150
Total Monthly Price
$850 - $1,150
1 to 3 Bedroom Apartments Available Now

Caraway Commons

3308 Caraway Commons DrJonesboro, AR 72404
Outdoors
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  • Customer Reviewed
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Montauk Studios
Studio Apartments

Montauk Studios

209 S Highway 63Licking, MO 65542
  • Utilities Included
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White River Commons
Studio to 1 Bedroom Apartments

White River Commons

1325 N Saint LouisBatesville, AR 72501
  • Utilities Included
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West End Social
Studio Apartments

West End Social

1350 Hwy 62 WMountain Home, AR 72653
  • Utilities Included
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Tara Apartments
Studio to 2 Bedroom Apartments

Tara Apartments

1000 S Main StMountain Home, AR 72653
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Alton, MO Local Guide

Cheapest Available Alton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alton, MO is a Studio unit found at Mammoth Spring priced from $425. Breckenridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $475. Here is today’s list of the most affordable Alton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mammoth SpringStudioStudio,1BA$425
Breckenridge ApartmentsBreckenridge - 1 Bed 1 Bath no W/D Hookup1BR,1BA$475
The Heights ApartmentsSmall StudioStudio,1BA$475
Cedar Manor ApartmentsStudioStudio,1BA$575
The Vue on Self Circle1BR/1BA1BR,1BA$575
6444 Highway 178 SStudio / KitchenetteStudio,1BA$650
Gladiola EstatesStandard 1 Bedroom1BR,1BA$665
Park LakeStandard1BR,1BA$665
601 Kinzer St301 Kinzer St2BR,1BA$695
The Links at JonesboroCustom1BR,1BA$720

Best Value Apartments for Rent in Alton, MO and Nearby

As of July 08, 2026 the best value apartment in the Alton area is the $0.80 price per square foot 1503 Model at 2700 Burke Ave in the starting from $1,200. The second greatest value Alton apartment is the 2 Bed 1.5 Bath - Morganne Dr Model at The Oak Townhomes starting at $1,000 with a $0.83 price per square foot . Here is today’s list of the best values for Alton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2700 Burke Ave15032BR,1.5BA$0.80
The Oak Townhomes2 Bed 1.5 Bath - Morganne Dr2BR,1.5BA$0.83
Wolf River LodgeThree Bedroom Townhome3BR,2BA$0.82
Park West Patio Homes2 Bed 2 Bath2BR,2BA$0.96
Mountain Station Apartments3 Bed 2 Bath3BR,2BA$0.95
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$0.83
601 Kinzer St301 Kinzer St2BR,1BA$0.76
Cardinal Apartments2 Bed 2 Bath2BR,2BA$0.92
SilverwoodClassic2BR,1BA$0.92
Breckenridge ApartmentsBreckenridge - 2 Bed 1 Bath2BR,1BA$0.93

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Alton, MO Rentals by Map

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See the most popular apartments and homes in Alton, MO

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Frequently Asked Questions about Cheap Alton Apartments

What is the Cheapest Studio apartment in Alton?

Currently the most affordable Cheap Studio Apartment in Alton is at Mammoth Spring listed at $425.

How much is rent for a Cheap One Bedroom Alton Apartment?

The lowest price for a Cheap One Bedroom Alton Apartment is $475 at Breckenridge Apartments.

What is the lowest price for a Cheap Two Bedroom Alton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alton is starting from $565 at Breckenridge Apartments.

What is the most affordable Alton Three Bedroom Apartment?

The best deal on a cheap Alton Three Bedroom Apartment rental is at Mountain Station Apartments and starts from $900.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.