Cheap Apartments for Rent in Cape Girardeau, MO from $425 (52 Rentals)

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

property at 920 W Cape Rock Dr

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Sep 1

920 W Cape Rock Dr

Cape GirardeauMO63701
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Fort Hope
1 to 3 Bedroom Apartments

Fort Hope

801 Good Hope StCape Girardeau, MO 63703
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Collegewood Apartments
1 Bedroom Apartments

Collegewood Apartments

807 N Sprigg StCape Girardeau, MO 63701
  • Utilities Included
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Cape Girardeau Sundance
2 to 3 Bedroom Apartments

Cape Girardeau Sundance

901 Hackberry StCape Girardeau, MO 63703
  • Utilities Included

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.

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Landmark Apartments
Studio to 1 Bedroom Apartments

Landmark Apartments

45 SW End BlvdCape Girardeau, MO 63703
  • Utilities Included
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Enclave Apartments
1 to 2 Bedroom Apartments

Enclave Apartments

57 Sena Fawn DrCape Girardeau, MO 63701
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Broadway Park Apartments
Studio to 2 Bedroom Apartments

Broadway Park Apartments

1234 W Cape Rock DrCape Girardeau, MO 63701
  • Utilities Included

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.

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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.

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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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Showing Results 1-50, Page 1 of 2

Cape Girardeau, MO Local Guide

Cheapest Available Cape Girardeau Apartments for Rent

 

The cheapest available apartment rental in Cape Girardeau, MO is a Studio unit found at Campus Edge priced from $450. The Metropolitan has the second lowest priced unit, which is a Studio apartment currently listed from $495. Here is today’s list of the most affordable Cape Girardeau apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Campus EdgeStudioStudio,1BA$450
The MetropolitanMetropolis EfficiencyStudio,1BA$495
Perryville Senior ApartmentsEfficiencyStudio,1BA$575
Schilling Property Management1 Bed, 1 bath1BR,1BA$600
University Mall and Walnut Street ApartmentsStudioStudio,1BA$625
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$655
The District at CapeGrauel1BR,1BA$779
Hawks LandingOne Bedroom1BR,1BA$930
Grand Place Apartments3 Bedrooms3BR,2BA$1,185
Cedar Creek RentalsCedar Creek 12BR,1BA$1,250

Best Value Apartments for Rent in Cape Girardeau, MO

As of August 29, 2026 the best value apartment in the Cape Girardeau area is the $1.05 price per square foot Black Diamond C2 Model at Storyboard on Black Diamond in the starting from $2,300. The second greatest value Cape Girardeau apartment is the Four Bedroom (1.5 bath or 4 bath) Model at Alpha Property Management (Alpha Rentals) starting at $1,455 with a $0.91 price per square foot . Here is today’s list of the best values for Cape Girardeau apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Storyboard on Black DiamondBlack Diamond C23BR,2.5BA$1.05
Alpha Property Management (Alpha Rentals)Four Bedroom (1.5 bath or 4 bath)4BR,4BA$0.91
Cape Trails4Bd. 4Bt. (1442sqft)4BR,4BA$0.35
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
2015 Walden Pond Way2007 Waldon Pond 2052BR,2BA$1.39
Cedar Creek RentalsCedar Creek 12BR,1BA$1.25
The Reserve at Saluki Pointe2X2 By the bed2BR,2BA$0.71
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.86
The District at CapeDogwood1BR,1BA$1.33
University Mall and Walnut Street Apartments1 bedroom 1 bath1BR,1BA$1.18

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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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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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

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See the most popular apartments and homes in Cape Girardeau, MO

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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 Grand Place Apartments and starts from $1,185.

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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.