Cheap Apartments for Rent in Bourbon, MO from $500 (39 Rentals)

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

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405 N Olive St
1 Bedroom Apartments

405 N Olive St

405 N Olive StRolla, MO 65401
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Pevely Pointe
1 to 3 Bedroom Apartments

Pevely Pointe

1001 Pevely Pointe DrPevely, MO 63070
  • 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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Red Rooster Apartments
1 to 3 Bedroom Apartments

Red Rooster Apartments

7601 Blackberry LnBonne Terre, MO 63628
  • Utilities Included

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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.

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
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
Riverbend Estates III2x12BR,1BA$800
Crimson LandingCozy One Bedroom Apartment Home1BR,1BA$825
Rolla Senior ApartmentsOne-Bedroom1BR,1BA$958
Chapel Ridge of Union1 Bedrooms1BR,1BA$1,024
Rockwood SpringsThe Spruce1BR,1BA$1,050

Best Value Apartments for Rent in Bourbon, MO and Nearby

As of August 29, 2025 the best value apartment in the Bourbon area is the $1.25 price per square foot 32D Model at Carriage Place at Lake Chesterfield in the in the Enclaves at Cherry Hills neighborhood starting from $1,716. 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 Chesterfield32D3BR,2BA$1.25
Northridge IOak3BR,1.5BA$1.16
Southernside ApartmentsTwo Bedroom2BR,2BA$1.01
Walden Pond3A3BR,2BA$1.30
Washington Terrace1B/1B1BR,1BA$1.28
Riverbend Estates III2x12BR,1BA$0.97
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$0.98
Rockwood SpringsThe Spruce1BR,1BA$1.30
Pine View2beds and 1bath2BR,1BA$0.87
Arbor Ridge ApartmentsArbor Ridge - 1 Bedroom Apartment Home1BR,1BA$1.33

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

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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

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.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.