Cheap Apartments for Rent near Annapolis, MO from $425 (24 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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405 N Olive St
1 Bedroom Apartments

405 N Olive St

405 N Olive StRolla, MO 65401

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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Montauk Studios
Studio Apartments

Montauk Studios

209 S Highway 63Licking, MO 65542
  • Utilities Included
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Red Rooster Apartments
1 to 3 Bedroom Apartments

Red Rooster Apartments

7601 Blackberry LnBonne Terre, MO 63628
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Pevely Pointe
1 to 3 Bedroom Apartments

Pevely Pointe

1001 Pevely Pointe DrPevely, MO 63070
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Annapolis, MO Local Guide

Cheapest Available Annapolis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Annapolis, 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 Annapolis 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
Perryville Senior ApartmentsEfficiencyStudio, 1BA$575
Pine View2beds and 1bath2BR, 1BA$675

Best Value Apartments for Rent in Annapolis, MO and Nearby

As of September 16, 2026 the best value apartment in the Annapolis area is the $1.15 price per square foot 3BR-2BA Duplex Model at Icon Townhomes starting from $1,795. The second greatest value Annapolis apartment is the 4Bd. 4Bt. (1442sqft) Model at Cape Trails starting at $510 with a $0.35 price per square foot. Here is today’s list of the best values for Annapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Icon Townhomes3BR-2BA Duplex3BR, 2BA$1.15
Cape Trails4Bd. 4Bt. (1442sqft)4BR, 4BA$0.35
Brooke Village2BR/1.5BA2BR, 1.5BA$0.72
Liberty Pointe2 BR2BR, 1BA$1.04
601 Kinzer St601 Kinzer2BR, 1BA$0.76
Trails West Apartments2BR2BR, 1BA$0.94
Park Place Senior Apartments2x12BR, 1BA$1.03
Pine View2beds and 1bath2BR, 1BA$0.84
Breckenridge ApartmentsBreckenridge - 2 Bed 1 Bath2BR, 1BA$0.93
The Heights ApartmentsSmall StudioStudio, 1BA$1.06

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Location, Location, Location!

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Frequently Asked Questions about Cheap Annapolis Apartments

What is the Cheapest Studio apartment in Annapolis?

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

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

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

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

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

What is the most affordable Annapolis Three Bedroom Apartment?

The best deal on a cheap Annapolis Three Bedroom Apartment rental is at Brooke Village and starts from $1,050.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.