Cheap Apartments for Rent in Cape Girardeau, MO from $300 (43 Rentals)

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

property at 132 S Benton St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Townhome for Rent

Available Now

132 S Benton St

Cape GirardeauMO63703
property at 109 N Pindwood Ln

$990

Total Monthly Price

Total Monthly Price

Base Rent
$990

Total Monthly Price
$990

2 Bedroom, 1.5 Bath Home for Rent

Available Jun 15

109 N Pindwood Ln

Cape GirardeauMO63701
property at 732 N Middle St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 1 Bath Home for Rent

Available Now

732 N Middle St

Cape GirardeauMO63701

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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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
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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
  • Utilities Included
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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

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.

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.

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.

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.

Cape Girardeau, MO Local Guide

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 ListingModel NameBed/BathPriced From
Storyboard at SIU4 x 2 Traditional - Fall 2025- 12 Months4BR,2BA$425
Campus EdgeStudioStudio,1BA$450
Saluki ApartmentsStudioStudio,1BA$460
Perryville Senior ApartmentsEfficiencyStudio,1BA$575
Schilling Property Management1 Bed, 1 bath1BR,1BA$600
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$625
The District at CapeDempster1BR,1BA$663
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$735
Pine Shores RentalsB1 - 2BR2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
Cedar Creek RentalsCedar Creek 12BR,1BA$1.25
Brookside Apartments3 Bedroom3BR,1BA$1.05
Cape Trails2Bd. 2Bt. (975sqft)2BR,2BA$0.72
Hawks LandingTwo Bedroom2BR,2BA$0.72
The Hill ApartmentsThe Hill 2 Bed 2 Bath2BR,2BA$1.14
The District at CapeGrauel1BR,1BA$0.94
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.86
Pine Shores RentalsB1 - 2BR2BR,1BA$1.19
The MetropolitanMetropolis 1 Bed 1 Bath1BR,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.

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

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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 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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

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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.

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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.