
Cheap Homes for Rent in Cape Girardeau, MO from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Cape Girardeau.


411 W Commercial St

45 Point Dr
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.

42 Point Dr

903 Ranney Ave

763 W Rodney Dr
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.
Cape Girardeau, MO Local Guide

How much does it cost to rent a home in Cape Girardeau?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cape Girardeau 2 Bedroom Homes for Rent | $1,303 | $850 | $2,400 |
| Cape Girardeau 3 Bedroom Homes for Rent | $1,609 | $1,000 | $2,400 |
| Cape Girardeau 4 Bedroom Homes for Rent | $2,121 | $1,200 | $2,800 |
| Cape Girardeau 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Cape Girardeau 6 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Top Homes for Rent 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 |
Best Value Apartments for Rent in Cape Girardeau, MO
As of July 12, 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 |
| 52 N Pindwood Ln, Unit 3 | 52 N Pindwood Ln | 2BR,1BA | $0.81 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| The District at Cape | Dogwood | 1BR,1BA | $1.39 |
| 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 |
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!
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Frequently Asked Questions about Cape Girardeau
What type of rentals are currently available in Cape Girardeau?
There are currently 67 Apartments for Rent in Cape Girardeau, MO with pricing that ranges from $200 to $2,495. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cape Girardeau ranging from $599 to $2,800.
What is the current price range for Rental Homes in Cape Girardeau?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cape Girardeau ranges from $599 to $2,800 with an average monthly rent of $1,617.
How much are larger Three and Four Bedroom Rentals in Cape Girardeau?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cape Girardeau range from $650 to $2,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $295.
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.