Cheap Apartments for Rent in Bourbon, MO from $500 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

close
View Me
405 N Olive St
1 Bedroom Apartments

405 N Olive St

405 N Olive StRolla, MO 65401

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.

close
View Me
Pevely Pointe
1 to 3 Bedroom Apartments

Pevely Pointe

1001 Pevely Pointe DrPevely, MO 63070
  • Utilities Included
close
View Me
Red Rooster Apartments
1 to 3 Bedroom Apartments

Red Rooster Apartments

7601 Blackberry LnBonne Terre, MO 63628
  • Utilities Included

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.

Bourbon, MO Local Guide

Cheapest Available Bourbon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bourbon, MO is a 1 Bed unit found at 990 S Lay Ave priced from $680. Pine View has the second lowest priced unit, which is a 2 Beds apartment currently listed from $699. Here is today’s list of the most affordable Bourbon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
990 S Lay Ave990 South Lay1BR,1BA$680
Pine View2beds and 1bath2BR,1BA$699
Village on the Green1 Bed1BR,1BA$735
Columbia Park ApartmentsColumbia Park - 1 Bedroom Apartment Home1BR,1BA$785
Arbor Ridge ApartmentsArbor Ridge - 1 Bedroom Apartment Home1BR,1BA$795
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$800
Crimson LandingCozy One Bedroom Apartment Home1BR,1BA$825
Autumn Leaf Apartment HomesBedrooms Upstairs2BR,2BA$950
Rolla Senior ApartmentsOne-Bedroom1BR,1BA$958
Chapel Ridge of Union1 Bedrooms1BR,1BA$999

Best Value Apartments for Rent in Bourbon, MO and Nearby

As of June 21, 2025 the best value apartment in the Bourbon area is the $1.19 price per square foot 33E Model at Carriage Place at Lake Chesterfield in the in the Enclaves at Cherry Hills neighborhood starting from $1,749. The second greatest value Bourbon apartment is the Oak Model at Northridge I starting at $1,300 with a $1.16 price per square foot . Here is today’s list of the best values for Bourbon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carriage Place at Lake Chesterfield33E3BR,3BA$1.19
Northridge IOak3BR,1.5BA$1.16
Southernside ApartmentsTwo Bedroom2BR,2BA$1.01
Walden Pond3A3BR,2BA$1.02
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$0.98
Pine View2beds and 1bath2BR,1BA$0.87
Autumn Leaf Apartment HomesBedroom Upstairs1BR,1BA$1.24
Village on the Green1 Bed1BR,1BA$1.18
Arbor Ridge ApartmentsArbor Ridge - 1 Bedroom Apartment Home1BR,1BA$1.33
990 S Lay Ave990 South Lay1BR,1BA$1.36

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Bourbon, MO Rentals by Map

View MapBourbon, MO Apartments MapView MapBourbon, MO Rental Homes Map

Getting Around Bourbon, MO

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Bourbon Apartments

What is the Cheapest Studio apartment in Bourbon?

Currently the most affordable Cheap Studio Apartment in Bourbon is at Mila listed at $1,340.

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

The lowest price for a Cheap One Bedroom Bourbon Apartment is $680 at 990 S Lay Ave.

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

Today's best deal for a Cheap Two Bedroom Apartment in Bourbon is starting from $699 at Pine View.

What is the most affordable Bourbon Three Bedroom Apartment?

The best deal on a cheap Bourbon Three Bedroom Apartment rental is at Northridge I and starts from $1,300.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.