Cheap Apartments for Rent in Callao, MO from $400 (30 Rentals)

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

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.

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.

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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501 S Osteopathy Ave
1 Bedroom Apartments

501 S Osteopathy Ave

501 S Osteopathy AveKirksville, MO 63501
Student Housing
  • Utilities Included
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1012 E Broadway
1 to 3 Bedroom Apartments

1012 E Broadway

1012 E BroadwayColumbia, MO 65201
  • Utilities Included
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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.

Callao, MO Local Guide

Cheapest Available Callao Apartments for Rent and Nearby

 

The cheapest available apartment rental in Callao, MO is a Studio unit found at Jefferson Building priced from $415. Karlton Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $415. Here is today’s list of the most affordable Callao apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jefferson BuildingStudioStudio,1BA$415
Karlton ApartmentsStudioStudio,1BA$415
Biston Apartments1 Bedroom1BR,1BA$445
The Links at ColumbiaClassic Deluxe II1BR,1BA$800
Monroe City Senior Housing 62+1 Bed 1 Bath1BR,1BA$875
Columbia Crossing1 Bedroom 1 Bath1BR,1BA$892
Broadway ApartmentsThe Hayes1BR,1BA$925
Tiger VillageOne Bedroom One Bath Renovated1BR,1BA$949
Courtyard Apartments1 Bedroom 1 Bath1BR,1BA$959
Parkway ApartmentsTier 32BR,1BA$1,025

Best Value Apartments for Rent in Callao, MO and Nearby

As of April 23, 2026 the best value apartment in the Callao area is the $0.77 price per square foot 4BR/2.5BA Model at Cross Creek Villas in the in the Auburn Hills neighborhood starting from $1,549. The second greatest value Callao apartment is the 3BR/2.5BA Model at Manor Homes starting at $1,900 with a $1.09 price per square foot in the The Links of Columbia neighborhood. Here is today’s list of the best values for Callao apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cross Creek Villas4BR/2.5BA4BR,2.5BA$0.77
Manor Homes3BR/2.5BA3BR,2.5BA$1.09
408 Circus Ave3 Beds, 2.5 baths3BR,2.5BA$0.98
Four Winds ApartmentsThe Oakridge3BR,2BA$1.07
Lake Broadway TownhomesFurnished 2 Bedroom 2 Bath Townhome2BR,2BA$1.29
Kitty Hawk ApartmentsModel2BR,2BA$1.15
James Dale ApartmentsJamesdale2BR,1BA$1.12
Biston Apartments1 Bedroom1BR,1BA$0.77
Jefferson BuildingStudioStudio ,1BA$0.79
Karlton ApartmentsStudioStudio ,1BA$0.83

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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

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Frequently Asked Questions about Cheap Callao Apartments

What is the Cheapest Studio apartment in Callao?

Currently the most affordable Cheap Studio Apartment in Callao is at Jefferson Building listed at $415.

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

The lowest price for a Cheap One Bedroom Callao Apartment is $445 at Biston Apartments.

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 $958 at Tiger Village.

What is the most affordable Callao Three Bedroom Apartment?

The best deal on a cheap Callao Three Bedroom Apartment rental is at Four Winds Apartments and starts from $1,445.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.