
Cheap Homes for Rent in Diamond, MO from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Diamond.


313 N Kentucky St

3628 Carver Rd

1221 S Park Ave

122 Fairway Ave
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.

126 Fairway Ave

2216 E 8th St

716 Columbus St

714 Columbus St

725 S Empire Ave
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.

910 S Jackson Ave
Diamond, MO Local Guide

How much does it cost to rent a home in Diamond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Diamond 2 Bedroom Homes for Rent | $1,142 | $725 | $1,895 |
| Diamond 3 Bedroom Homes for Rent | $1,445 | $1,000 | $1,900 |
| Diamond 4 Bedroom Homes for Rent | $1,672 | $1,600 | $1,745 |
Browse Top Homes for Rent in Diamond
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Diamond, MO Local Guide
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Cheapest Available Diamond Apartments for Rent and Nearby
 The cheapest available apartment rental in Diamond, MO is a Studio unit found at The Dels - Pittsburg priced from $525. Baxter Springs Senior Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $561. Here is today’s list of the most affordable Diamond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Dels - Pittsburg | Studio | Studio,1BA | $525 |
| Baxter Springs Senior Residences | 1x1 40% | 1BR,1BA | $561 |
| Zahn Apartments | One Bedroom | 1BR,1BA | $604 |
| Monett Meadows (Sunset Villa Apartments) | 1 bed /1 bath | 1BR,1BA | $650 |
| University Digs Apartments | Studios/ Jr 1 Bed | Studio,1BA | $699 |
Best Value Apartments for Rent in Diamond, MO and Nearby
As of June 01, 2026 the best value apartment in the Diamond area is the $1.10 price per square foot Birdmaster Drive Model at Birdmaster Drive Residences in the in the Leetown neighborhood starting from $1,795. The second greatest value Diamond apartment is the 3/2 Model at Valley Oaks starting at $1,595 with a $1.10 price per square foot in the Tranquillity Place neighborhood. Here is today’s list of the best values for Diamond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Birdmaster Drive Residences | Birdmaster Drive | 3BR,2.5BA | $1.10 |
| Valley Oaks | 3/2 | 3BR,2BA | $1.10 |
| Brentwood Pointe Apartments | CALL FOR AVAILABILITY, Now PreLeasing - Reser... | 3BR,2BA | $0.64 |
| Airport Landings and The Docks Apartments | Docks 2BR 2BA ground floor | 2BR,2BA | $0.90 |
| Pin Oak Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.73 |
| Zahn Apartments | Two Bedroom | 2BR,1BA | $0.76 |
| Campbell Reserve | The Lux 3 Bedroom with Vaulted Ceilings and a F... | 3BR,2BA | $1.07 |
| Peachtree Apartments | Model 1 A | 2BR,1BA | $0.93 |
| Baxter Springs Senior Residences | 1x1 40% | 1BR,1BA | $0.87 |
| Monett Meadows (Sunset Villa Apartments) | 1 bed /1 bath | 1BR,1BA | $1.13 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Diamond
What type of rentals are currently available in Diamond?
There are currently 55 Apartments for Rent in Diamond, MO with pricing that ranges from $525 to $3,195. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Diamond ranging from $700 to $1,900.
What is the current price range for Rental Homes in Diamond?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Diamond ranges from $700 to $1,900 with an average monthly rent of $1,308.
How much are larger Three and Four Bedroom Rentals in Diamond?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Diamond range from $815 to $3,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,975.
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

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.

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.

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.

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.