
Cheap Apartments for Rent near Callao, MO from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Callao.


Karlton Apartments

Jefferson Building

Biston Apartments

The Links at Columbia

Forest Village Apartments

Monroe City Senior Housing 62+

Broadway Apartments
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.

Brookside

Tiger Village

Columbia Crossing

Total Monthly Price
James Dale Apartments

Courtyard Apartments

Woodlake

Total Monthly Price
Montmartre Apartments

Heather Ridge
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.

Parkway Apartments

Katy Place Apartments

Stephens Park Apartments

Keeneland Downs Apartments

Kelly's Ridge Apartments

Kitty Hawk Apartments

Kelly Highlands Apartments

Frederick Building
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.

Manor Homes

Lake Broadway Townhomes

Lofts at Cherry Hill - West Village

510 E Lake St

Ash Street Place Apartments

501 S Osteopathy Ave

7221 N Moberly Dr

1012 E Broadway
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.

7460 N Wade School Rd

14816 MO-124

1820 N Orie Dr

7220 N Moberly Dr

7304 N Moberly Dr

5714 N Maple Ct

4808 Edenton Blvd

Trailside Apartments
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.
Callao, MO Local Guide

How much does it cost to rent an apartment in Callao?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Callao Studio Apartments | $415 | $415 | $415 |
| Callao 1 Bedroom Apartments | $1,114 | $415 | $2,029 |
| Callao 2 Bedroom Apartments | $1,379 | $825 | $2,400 |
| Callao 3 Bedroom Apartments | $1,733 | $879 | $3,787 |
| Callao 4 Bedroom Apartments | $1,267 | $899 | $1,699 |
Browse Top Apartments in Callao
See all Apartments in CallaoExplore Callao
Callao, MO Local Guide
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Cheapest Available Callao Apartments for Rent and Nearby
 The cheapest available apartment rental in Callao, MO is a Studio unit found at Rollins Apartments priced from $415. The Links at Columbia in the The Links of Columbia neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Callao apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rollins Apartments | 0BR/1.0BA | Studio,1BA | $415 |
| The Links at Columbia | Classic Deluxe II | 1BR,1BA | $800 |
| Forest Village Apartments | 2 Bedroom | 2BR,1BA | $825 |
| Monroe City Senior Housing 62+ | 1 Bed 1 Bath | 1BR,1BA | $875 |
| Broadway Apartments | Spacious 1 Bedroom 1 Bathroom Apartment Home | 1BR,1BA | $875 |
| Tiger Village | One Bedroom One Bath Renovated | 1BR,1BA | $956 |
| Courtyard Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $965 |
| Woodlake | W-C | 2BR,1BA | $981 |
| Montmartre Apartments | 1BR / 1 BA | 1BR,1BA | $1,005 |
| Heather Ridge | Arbor | 2BR,1BA | $1,078 |
Best Value Apartments for Rent in Callao, MO and Nearby
As of July 23, 2026 the best value apartment in the Callao area is the $1.05 price per square foot Jenne Hill - 4 Bedroom 2.5 Bath Townhome Model at Jenne Hill Townhomes in the in the The Links of Columbia neighborhood starting from $1,580. The second greatest value Callao apartment is the Townhomes Model at Cottage Grove starting at $1,450 with a $1.04 price per square foot in the Tiger Village Apartments neighborhood. Here is today’s list of the best values for Callao apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Jenne Hill Townhomes | Jenne Hill - 4 Bedroom 2.5 Bath Townhome | 4BR,2.5BA | $1.05 |
| Cottage Grove | Townhomes | 2BR,2.5BA | $1.04 |
| Manor Homes | 2BR/1.0BA | 2BR,1BA | $1.09 |
| Broadway Village Apartments | Model | 2BR,1BA | $1.38 |
| Forest Village Apartments | 2 Bedroom | 2BR,1BA | $1.00 |
| Woodlake | W-A | 2BR,1BA | $1.33 |
| Heather Ridge | Arbor | 2BR,1BA | $1.43 |
| Montmartre Apartments | 1BR / 1 BA | 1BR,1BA | $1.44 |
| Broadway Apartments | Spacious 1 Bedroom 1 Bathroom Apartment Home | 1BR,1BA | $1.35 |
| Rollins Apartments | 0BR/1.0BA | Studio ,1BA | $0.83 |
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.
Read ArticleReal 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.
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 Callao, MO Rentals by Map
See the most popular apartments and homes in Callao, MO
Frequently Asked Questions about Cheap Callao Apartments
How much is rent for a Cheap One Bedroom Callao Apartment?
The lowest price for a Cheap One Bedroom Callao Apartment is $800 at The Links at Columbia.
What is the lowest price for a Cheap Two Bedroom Callao Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Callao is starting from $825 at Forest Village Apartments.
What is the most affordable Callao Three Bedroom Apartment?
The best deal on a cheap Callao Three Bedroom Apartment rental is at Forest Village Apartments and starts from $895.
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

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.

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.

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.

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.