Cheap Apartments for Rent near Arcola, MO from $500 (52 Rentals)

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

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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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.

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Ash Place
1 to 2 Bedroom Apartments

Ash Place

2095 N Ash StNevada, MO 64772
Senior Living
  • Utilities Included
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Eldo Suites Apartments
1 to 2 Bedroom Apartments

Eldo Suites Apartments

311 U.S. 54El Dorado Springs, MO 64744
  • Utilities Included

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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Eko Park Apartments
Studio to 3 Bedroom Apartments

Eko Park Apartments

1744 W Catalpa StSpringfield, MO 65807
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Boyd Lofts
1 to 2 Bedroom Apartments

Boyd Lofts

1409 N Washington AveSpringfield, MO 65802
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Scenic Meadows
1 to 2 Bedroom Apartments

Scenic Meadows

1110 S Scenic AveSpringfield, MO 65802
Senior Living
  • Utilities Included
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735 South Ave
2 Bedroom Apartments

735 South Ave

735 South AveSpringfield, MO 65806
Student Housing
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Oakwood Heights Townhomes
1 to 3 Bedroom Apartments

Oakwood Heights Townhomes

753 N Williams AveRepublic, MO 65738
Senior Living
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Arcola, MO Local Guide

Cheapest Available Arcola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Arcola, MO is a 2 Beds unit found at North Terrace Apartments in the Northeast neighborhood priced from $575. Oak Place in the Northeast neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Arcola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Terrace Apartments2 x 1 Small2BR,1BA$575
Oak Place1 bedroom1BR,1BA$600
The U at Park East3BR/3BA - The Andres3BR,3BA$625
Eldorado SpringsForest Grove1BR,1BA$660
Park57StudioStudio,1BA$790
SankofaStudioStudio,1BA$795
Spring HillAcorn1BR,1BA$855
Silver Springs2.1.5 (840)2BR,1BA$895
The Field1 Bedroom, 1 Bathroom1BR,1BA$895
Greenway StudiosFurnished StudioStudio,1BA$900

Best Value Apartments for Rent in Arcola, MO and Nearby

As of July 24, 2026 the best value apartment in the Arcola area is the $0.58 price per square foot 3 Bedroom, 1.5 Bathroom Townhome Model at Oakwood Townhomes in the in the Northwest neighborhood starting from $950. The second greatest value Arcola apartment is the 3 Beds, 2 baths Model at Heatherwood Apartments starting at $1,550 with a $1.12 price per square foot in the Northwest neighborhood. Here is today’s list of the best values for Arcola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Townhomes3 Bedroom, 1.5 Bathroom Townhome3BR,1.5BA$0.58
Heatherwood Apartments3 Beds, 2 baths3BR,2BA$1.12
Forest Park Townhomes2 Bed, 1 Bath2BR,1BA$1.04
South Valley Apartments2 Bed 2 Bath2BR,2BA$0.92
Republic Palms1 Bedroom. 1 Bathroom1BR,1BA$1.12
Vue on Walnut | Student HousingB1 | Two Bedroom2BR,2BA$0.94
The U at Park East2BR/2BA - The Kirkenmeyer2BR,2BA$0.74
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Spring HillAcorn1BR,1BA$1.13
Eldorado SpringsForest Grove1BR,1BA$1.10

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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Quick Rent Budget Calculator

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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 Arcola, MO Rentals by Map

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See the most popular apartments and homes in Arcola, MO

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Frequently Asked Questions about Cheap Arcola Apartments

What is the Cheapest Studio apartment in Arcola?

Currently the most affordable Cheap Studio Apartment in Arcola is at Park57 listed at $790.

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

The lowest price for a Cheap One Bedroom Arcola Apartment is $600 at Oak Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Arcola is starting from $575 at North Terrace Apartments.

What is the most affordable Arcola Three Bedroom Apartment?

The best deal on a cheap Arcola Three Bedroom Apartment rental is at The U at Park East and starts from $625.

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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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.