
Cheap Apartments for Rent in Elmo, MO from $400 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Elmo.


Tarkio Village Apartments

1209 Maple St

Fountain Apartments

Mitchell Park Plaza Apartment

Forest Cove

Summit House Apartments

Coventry Apartments

Nottingham Court Apartments

Corby Grove 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.

Fontainebleau Apartments

HL29 Modern Flats

University Point

Timber Creek Apartments

American Electric Lofts

Bellevue Gardens Apartments

Woodland Park - Fontanelle

Brittany Village

Park Avenue Apartments

Timbercrest Apartments
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.

Tregaron Oaks

Cottonwood Creek

Loess Hills Estates Affordable Senior Housing

Fontenelle Hills

702 W Nelson St

Maplewinds I & II

Maryville Meadows

303 W Lowell Ave

Arbor Village

CityView Lofts
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.

830 Warsaw Ave

City View Apartments

411 7th St

Woodland Park - Red Oak

Summit Place

Clarinda West Apartments

940 27th St

407 H St

Regency Villa of Atlantic

Arbor View 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.

2233 S 20th St

Woodland Park - Griswold

Chateau Bellevue

1712 S Wayne St

Frederick Apartments

SUNDANCE ATLANTIC APARTMENTS

3517 Lafayette St

1116 S 2nd St

1216 S 2nd St

1223 Sylvanie St
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.
Elmo, MO Local Guide

How much does it cost to rent an apartment in Elmo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmo Studio Apartments | $777 | $625 | $960 |
| Elmo 1 Bedroom Apartments | $929 | $540 | $1,690 |
| Elmo 2 Bedroom Apartments | $1,218 | $640 | $2,649 |
| Elmo 3 Bedroom Apartments | $1,185 | $800 | $1,500 |
| Elmo 4 Bedroom Apartments | $1,150 | $1,150 | $1,150 |
Browse Top Apartments in Elmo
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Elmo, MO Local Guide
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Cheapest Available Elmo Apartments for Rent and Nearby
 The cheapest available apartment rental in Elmo, MO is a 1 Bed unit found at Parkway Village Apartments priced from $540. 1209 Maple St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Elmo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkway Village Apartments | One Bedroom | 1BR,1BA | $540 |
| 1209 Maple St | 1 BED / 1 BATH | 1BR,1BA | $550 |
| Coventry Apartments | 0BR/1.0BA | Studio,1BA | $650 |
| Nottingham Court Apartments | 1 Bed 1 Bath | 1BR,1BA | $675 |
| Mitchell Park Plaza Apartment | S3 - Corner Studio | Studio,1BA | $688 |
| City View Apartments | 1 Bedroom | 1BR,1BA | $695 |
| HL29 Modern Flats | Studio | Studio,1BA | $725 |
| Timber Creek Apartments | 1 Bed/1 Bath | 1BR,1BA | $725 |
| Clarinda West Apartments | 1 Beds, 1 Baths | 1BR,1BA | $735 |
| Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $755 |
Best Value Apartments for Rent in Elmo, MO and Nearby
As of June 15, 2026 the best value apartment in the Elmo area is the $0.80 price per square foot 2 Bed 2 Bath Model at Fontenelle Hills in the in the Clermont Court neighborhood starting from $1,001. The second greatest value Elmo apartment is the 2 Bed 1 Bath Model at Bellevue Gardens Apartments starting at $825 with a $0.70 price per square foot in the Clermont Court neighborhood. Here is today’s list of the best values for Elmo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fontenelle Hills | 2 Bed 2 Bath | 2BR,2BA | $0.80 |
| Bellevue Gardens Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.70 |
| Fontainebleau Apartments | 2 Bed, 2 Bath | 2BR,2BA | $1.03 |
| Timbercrest Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.10 |
| Cottonwood Creek | Two Bedroom | 2BR,2BA | $0.98 |
| Tregaron Oaks | Ellington | 1BR,1BA | $1.01 |
| University Point | VO2X1R | 2BR,1BA | $0.96 |
| Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
| Clarinda West Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.06 |
| Parkway Village Apartments | Two Bedroom (updated) | 2BR,1BA | $0.99 |
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!
Explore Elmo, MO Rentals by Map
See the most popular apartments and homes in Elmo, MO
Frequently Asked Questions about Cheap Elmo Apartments
What is the Cheapest Studio apartment in Elmo?
Currently the most affordable Cheap Studio Apartment in Elmo is at Coventry Apartments listed at $650.
How much is rent for a Cheap One Bedroom Elmo Apartment?
The lowest price for a Cheap One Bedroom Elmo Apartment is $540 at Parkway Village Apartments.
What is the lowest price for a Cheap Two Bedroom Elmo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elmo is starting from $690 at Parkway Village Apartments.
What is the most affordable Elmo Three Bedroom Apartment?
The best deal on a cheap Elmo Three Bedroom Apartment rental is at Brittany Village and starts from $1,010.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.