
Cheap Apartments for Rent in Cape Girardeau, MO from $300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Cape Girardeau.


Total Monthly Price
1005 N Middle St, Unit E

132 S Benton St

315 S Middle St

109 N Pindwood Ln

732 N Middle St

121 E Rodney Dr

414 Fitzgerald
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.

Fort Hope

Collegewood Apartments

Cape Girardeau Sundance

Landmark Apartments

Enclave Apartments

Broadway Park Apartments

903 Ranney Ave

811 S Sprigg St
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.

Lindenwood Senior Apartments

918 Linden St

Perryville Senior Apartments

Meadow Ridge Townhomes

Storyboard at SIU

Cornerstone Place

Saluki Apartments
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.

Alpha Property Management (Alpha Rentals)

Schilling Property Management

Saint Germain Square

University Mall and Walnut Street Apartments

Brookside Apartments

G&R Rentals

Wedgewood Hills

The Metropolitan
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.

Pine Shores Rentals

Aspen Court Apartments

The Hill Apartments

42 Point Dr

45 Point Dr

237 Co Rd 341

222 Coles Hl

711 S Poplar St
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.

416 1st St E

708 Warren St

216 S Pecan St
Cape Girardeau, MO Local Guide

How much does it cost to rent an apartment in Cape Girardeau?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Cape Girardeau Studio Apartments | $476 | $450 | $625 |
| Cheap Cape Girardeau 1 Bedroom Apartments | $749 | $200 | $1,575 |
| Cheap Cape Girardeau 2 Bedroom Apartments | $952 | $625 | $1,800 |
| Cheap Cape Girardeau 3 Bedroom Apartments | $1,313 | $650 | $2,495 |
| Cheap Cape Girardeau 4 Bedroom Apartments | $1,241 | $295 | $2,080 |
Browse Top Apartments in Cape Girardeau
See all Apartments in Cape GirardeauExplore Cape Girardeau
Cape Girardeau, MO Local Guide
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Cheapest Available Cape Girardeau Apartments for Rent
 The cheapest available apartment rental in Cape Girardeau, MO is a 4 Beds unit found at Storyboard at SIU priced from $425. Campus Edge has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Cape Girardeau apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Storyboard at SIU | 4 x 2 Traditional - Fall 2025- 12 Months | 4BR,2BA | $425 |
| Campus Edge | Studio | Studio,1BA | $450 |
| Saluki Apartments | Studio | Studio,1BA | $460 |
| Perryville Senior Apartments | Efficiency | Studio,1BA | $575 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $625 |
| The District at Cape | Dempster | 1BR,1BA | $663 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $735 |
| Pine Shores Rentals | B1 - 2BR | 2BR,1BA | $750 |
Best Value Apartments for Rent in Cape Girardeau, MO
As of May 31, 2026 the best value apartment in the Cape Girardeau area is the $1.08 price per square foot 3 Bedrooms Model at Grand Place Apartments in the starting from $1,185. The second greatest value Cape Girardeau apartment is the Cedar Creek 1 Model at Cedar Creek Rentals starting at $1,250 with a $1.25 price per square foot . Here is today’s list of the best values for Cape Girardeau apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1.25 |
| Brookside Apartments | 3 Bedroom | 3BR,1BA | $1.05 |
| Cape Trails | 2Bd. 2Bt. (975sqft) | 2BR,2BA | $0.72 |
| Hawks Landing | Two Bedroom | 2BR,2BA | $0.72 |
| The Hill Apartments | The Hill 2 Bed 2 Bath | 2BR,2BA | $1.14 |
| The District at Cape | Grauel | 1BR,1BA | $0.94 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| Pine Shores Rentals | B1 - 2BR | 2BR,1BA | $1.19 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
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.
Best Local Schools in Cape Girardeau, MO
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cape Girardeau, MO Rentals by Map
See the most popular apartments and homes in Cape Girardeau, MO
Frequently Asked Questions about Cheap Cape Girardeau Apartments
What is the Cheapest Studio apartment in Cape Girardeau?
Currently the most affordable Cheap Studio Apartment in Cape Girardeau is at Campus Edge listed at $450.
How much is rent for a Cheap One Bedroom Cape Girardeau Apartment?
The lowest price for a Cheap One Bedroom Cape Girardeau Apartment is $600 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Cape Girardeau Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cape Girardeau is starting from $700 at Schilling Property Management.
What is the most affordable Cape Girardeau Three Bedroom Apartment?
The best deal on a cheap Cape Girardeau Three Bedroom Apartment rental is at Storyboard at SIU and starts from $650.
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

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.

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.

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.

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.
