
Cheap Apartments for Rent in Annapolis, MO from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Annapolis.


Perryville Senior Apartments

Mammoth Spring

The Heights Apartments

Breckenridge Apartments

The District at Cape

The Lodges at Rolla

Pine View

Autumn Creek

601 Kinzer St
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.

Heisel Apartments & Townhouses

24 North Rentals

Park Place Apartments

Trails West Apartments

Village on the Green

Stonebridge Meadows

Columbia Park Apartments

Crimson Landing

Liberty Landing Apartment Homes

The Avery Apartment Homes
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.

Camden Crest

Arbor Ridge Apartments

Brooke Village

Liberty Pointe

Orchard View Apartments

Blarney Stone Apartments

Rolla Senior Apartments

Twin City Villa

201 Graham St

611 Walnut St
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.

959-B W Lakeshore Dr

Montauk Studios

405 N Olive St

6 S Center St

1200 N 2nd St

Pevely Pointe

Red Rooster Apartments

Lauren's Place

Timber Ridge Apartments

111 Elm St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

702 Janey Dr

1010 Hail Dr

212 Kronos Dr

Lindenwood Senior Apartments

165 N Messmer St

22 SW Main St

74 Presley Ave

80 Presley Ave

82 Presley Ave

1506 Revlon Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Annapolis, MO Local Guide

How much does it cost to rent an apartment in Annapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Annapolis Studio Apartments | $500 | $425 | $575 |
| Annapolis 1 Bedroom Apartments | $840 | $200 | $1,350 |
| Annapolis 2 Bedroom Apartments | $937 | $565 | $1,650 |
| Annapolis 3 Bedroom Apartments | $1,445 | $950 | $2,495 |
Browse Top Apartments in Annapolis
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Annapolis, MO Local Guide
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mammoth Spring | Studio | Studio,1BA | $425 |
| Breckenridge Apartments | Breckenridge - 1 Bed 1 Bath no W/D Hookup | 1BR,1BA | $475 |
| The Heights Apartments | Small Studio | Studio,1BA | $475 |
| Perryville Senior Apartments | Efficiency | Studio,1BA | $575 |
| The Lodges at Rolla | Rent By The Room Spring/Fall 2026 | 1BR,1BA | $650 |
| Pine View | 2beds and 1bath | 2BR,1BA | $675 |
| 601 Kinzer St | Kinzer 3 | 2BR,1BA | $695 |
| Heisel Apartments & Townhouses | 1BR Apartments | 1BR,1BA | $725 |
| The District at Cape | Magill | 2BR,1BA | $739 |
| 24 North Rentals | 1 Bedroom Apartment- Miller Apartments | 1BR,1BA | $750 |
Best Value Apartments for Rent in Annapolis, MO and Nearby
As of May 01, 2026 the best value apartment in the Annapolis area is the $0.71 price per square foot 2BR/1.5BA Model at Brooke Village in the starting from $850. The second greatest value Annapolis apartment is the Magill Model at The District at Cape starting at $739 with a $0.75 price per square foot . Here is today’s list of the best values for Annapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brooke Village | 2BR/1.5BA | 2BR,1.5BA | $0.71 |
| The District at Cape | Magill | 2BR,1.5BA | $0.75 |
| Cape Trails | 2Bd. 2Bt. (975sqft) | 2BR,2BA | $0.72 |
| Liberty Pointe | 2 BR | 2BR,1BA | $1.02 |
| 601 Kinzer St | Kinzer 3 | 2BR,1BA | $0.76 |
| Trails West Apartments | 2BR | 2BR,1BA | $0.94 |
| Orchard View Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.03 |
| Pine View | 2beds and 1bath | 2BR,1BA | $0.84 |
| Breckenridge Apartments | Breckenridge - 2 Bed 1 Bath | 2BR,1BA | $0.93 |
| The Heights Apartments | Small Studio | Studio ,1BA | $1.06 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Annapolis, MO Rentals by Map
See the most popular apartments and homes in Annapolis, MO
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 Orchard View Apartments and starts from $1,150.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.