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.

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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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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405 N Olive St
1 Bedroom Apartments

405 N Olive St

405 N Olive StRolla, MO 65401
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Woodridge Manor Apartments
Studio to 2 Bedroom Apartments

Woodridge Manor Apartments

2404 Williams Creek RdHigh Ridge, MO 63049
Corporate Housing
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Verda Vista Apartments
Studio to 2 Bedroom Apartments

Verda Vista Apartments

5264-5312 Hwy 21Imperial, MO 63052
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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
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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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Crimson Landing
1 to 3 Bedroom Apartments

Crimson Landing

4826 Red RoosterFarmington, MO 63640

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.

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Twin City Villa
1 to 2 Bedroom Apartments

Twin City Villa

124 Twin City DrFestus, MO 63028
Senior Living
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Riverbend Estates III
2 Bedroom Apartments

Riverbend Estates III

1901 High StWashington, MO 63090
Senior Living
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Showing Results 1-39, Page 1 of 1

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 217 Twin Ridge Rd priced from $625. The Lodges at Rolla has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Bourbon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
217 Twin Ridge RdA Layout1BR,1BA$625
The Lodges at RollaRent By The Room Spring/Fall 20261BR,1BA$650
Pine View2beds and 1bath2BR,1BA$675
990 S Lay Ave990 South Lay1BR,1BA$710
Columbia Park ApartmentsColumbia Park - 1 Bedroom Apartment Home1BR,1BA$795
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$850
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$855
Chapel Ridge of Union1 Bedrooms1BR,1BA$950
Autumn Leaf Apartment Homes1 bedroom downstairs1BR,1BA$950
Rolla Senior ApartmentsOne-Bedroom1BR,1BA$958

Best Value Apartments for Rent in Bourbon, MO and Nearby

As of June 06, 2026 the best value apartment in the Bourbon area is the $0.46 price per square foot Rent By The Room Spring/Fall 2026 Model at The Lodges at Rolla in the starting from $650. The second greatest value Bourbon apartment is the Maple Model at Northridge I starting at $1,250 with a $1.12 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.
The Lodges at RollaRent By The Room Spring/Fall 20261BR,1BA$0.46
Northridge IMaple3BR,1.5BA$1.12
Southernside ApartmentsTwo Bedroom2BR,2BA$1.21
Washington Terrace1B/1B1BR,1BA$1.39
Walden Pond2A2BR,2BA$1.36
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$1.05
Pine View2beds and 1bath2BR,1BA$0.84
Autumn Leaf Apartment Homes1 bedroom downstairs1BR,1BA$1.24
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$1.24
217 Twin Ridge RdA Layout1BR,1BA$1.25

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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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.

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Bourbon, MO

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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 $625 at 217 Twin Ridge Rd.

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 $675 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 $1,250.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.