
Cheap Apartments for Rent in Cape Girardeau, MO from $300 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Cape Girardeau.


The District at Cape

812 Good Hope St

Fort Hope

Collegewood Apartments

Cape Girardeau Sundance

Landmark Apartments
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.

Enclave Apartments

Broadway Park Apartments

903 Ranney Ave

763 W Rodney Dr

Perryville Senior Apartments

Meadow Ridge Townhomes

Storyboard at SIU
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.

Campus Edge

Cornerstone Place

Saluki Apartments

Alpha Property Management (Alpha Rentals)

Schilling Property Management

University Mall and Walnut Street Apartments

Saint Germain Square
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.

Brookside Apartments

Lake Logan Apartments

Wedgewood Hills

G&R Rentals

The Metropolitan

Pine Shores Rentals

Aspen Court Apartments
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.

411 W Commercial St

45 Point Dr

42 Point Dr
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 | $488 | $450 | $625 |
| Cheap Cape Girardeau 1 Bedroom Apartments | $885 | $200 | $1,575 |
| Cheap Cape Girardeau 2 Bedroom Apartments | $1,067 | $625 | $1,603 |
| Cheap Cape Girardeau 3 Bedroom Apartments | $1,527 | $650 | $2,495 |
| Cheap Cape Girardeau 4 Bedroom Apartments | $1,214 | $295 | $2,080 |
Browse Top Apartments in Cape Girardeau
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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 Studio unit found at Saluki Apartments priced from $460. Perryville Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $575. Here is today’s list of the most affordable Cape Girardeau apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $735 |
| The District at Cape | Dempster | 1BR,1BA | $863 |
| Hawks Landing | One Bedroom | 1BR,1BA | $915 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1,185 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1,250 |
| 2015 Walden Pond Way | 2007 Waldon Pond 205 | 2BR,2BA | $1,525 |
Best Value Apartments for Rent in Cape Girardeau, MO
As of July 15, 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 3 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 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. |
|---|---|---|---|
| Storyboard on Black Diamond | Black Diamond C2 | 3BR,2.5BA | $1.05 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| 2015 Walden Pond Way | 2007 Waldon Pond 205 | 2BR,2BA | $1.39 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1.25 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| The District at Cape | Dogwood | 1BR,1BA | $1.32 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $1.39 |
| Perryville Senior Apartments | Efficiency | Studio ,1BA | $1.43 |
| University Edge Apartments | Studio | Studio ,1BA | $1.44 |
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 Saluki Apartments listed at $460.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.