Cheap Apartments for Rent near Centerville, MO from $475 (37 Rentals)

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

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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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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Montauk Studios
Studio Apartments

Montauk Studios

209 S Highway 63Licking, MO 65542
  • Utilities Included
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Osage Commons
Studio to 1 Bedroom Apartments

Osage Commons

14175 Highway ZSt. Robert, MO 65584
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405 N Olive St
1 Bedroom Apartments

405 N Olive St

405 N Olive StRolla, MO 65401

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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Verda Vista Apartments
Studio to 2 Bedroom Apartments

Verda Vista Apartments

5264-5312 Hwy 21Imperial, MO 63052
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Pevely Pointe
1 to 3 Bedroom Apartments

Pevely Pointe

1001 Pevely Pointe DrPevely, MO 63070
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Red Rooster Apartments
1 to 3 Bedroom Apartments

Red Rooster Apartments

7601 Blackberry LnBonne Terre, MO 63628
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Crimson Landing
1 to 3 Bedroom Apartments

Crimson Landing

4826 Red RoosterFarmington, MO 63640
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Lauren's Place
2 to 3 Bedroom Apartments

Lauren's Place

802 Crown StMarble Hill, MO 63764

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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Showing Results 1-37, Page 1 of 1

Centerville, MO Local Guide

Cheapest Available Centerville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Centerville, MO is a 1 Bed unit found at Breckenridge Apartments priced from $475. The Heights Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $475. Here is today’s list of the most affordable Centerville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Breckenridge ApartmentsBreckenridge - 1 Bed 1 Bath no W/D Hookup1BR,1BA$475
The Heights ApartmentsSmall StudioStudio,1BA$475
Perryville Senior ApartmentsEfficiencyStudio,1BA$575
Pine View2beds and 1bath2BR,1BA$675
601 Kinzer St601 Kinzer2BR,1BA$695
990 S Lay Ave990 South Lay1BR,1BA$715
Columbia Park ApartmentsColumbia Park - 1 Bedroom Apartment Home1BR,1BA$795
24 North Rentals1 Bedroom Apartment- Miller Apartments1BR,1BA$800
Heisel Apartments & Townhouses1BR Apartments1BR,1BA$800
Trails West Apartments2BR2BR,1BA$850

Best Value Apartments for Rent in Centerville, MO and Nearby

As of August 26, 2026 the best value apartment in the Centerville area is the $0.80 price per square foot 1302 Model at 2700 Burke Ave in the starting from $1,200. The second greatest value Centerville apartment is the 2BR/1.5BA Model at Brooke Village starting at $860 with a $0.72 price per square foot . Here is today’s list of the best values for Centerville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2700 Burke Ave13022BR,1.5BA$0.80
Brooke Village2BR/1.5BA2BR,1.5BA$0.72
601 Kinzer St601 Kinzer2BR,1BA$0.76
Trails West Apartments2BR2BR,1BA$0.94
Orchard View Apartments2 Beds, 2 baths2BR,2BA$1.03
Park Place Senior Apartments2x12BR,1BA$1.03
Pine View2beds and 1bath2BR,1BA$0.84
Camden CrestOne Bedroom1BR,1BA$1.12
Breckenridge ApartmentsBreckenridge - 2 Bed 1 Bath2BR,1BA$0.93
The Heights ApartmentsSmall StudioStudio ,1BA$1.06

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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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!

Explore Centerville, MO Rentals by Map

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Frequently Asked Questions about Cheap Centerville Apartments

What is the Cheapest Studio apartment in Centerville?

Currently the most affordable Cheap Studio Apartment in Centerville is at The Heights Apartments listed at $475.

How much is rent for a Cheap One Bedroom Centerville Apartment?

The lowest price for a Cheap One Bedroom Centerville Apartment is $475 at Breckenridge Apartments.

What is the lowest price for a Cheap Two Bedroom Centerville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Centerville is starting from $565 at Breckenridge Apartments.

What is the most affordable Centerville Three Bedroom Apartment?

The best deal on a cheap Centerville Three Bedroom Apartment rental is at Orchard View Apartments and starts from $1,150.

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.