
Cheap Homes for Rent in Elmo, MO from $300 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Elmo.


830 Warsaw Ave

411 7th St

940 27th St

407 H St

2233 S 20th St

1916 S 15th St
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.

1712 S Wayne St

3517 Lafayette St

1223 Sylvanie St

4420 S 25th St

1216 S 2nd St

1116 S 2nd St

402 1/2 S Elm St
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.
Elmo, MO Local Guide

How much does it cost to rent a home in Elmo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmo 2 Bedroom Homes for Rent | $1,146 | $825 | $2,950 |
| Elmo 3 Bedroom Homes for Rent | $1,654 | $345 | $3,200 |
| Elmo 4 Bedroom Homes for Rent | $1,983 | $1,400 | $2,300 |
| Elmo 5 Bedroom Homes for Rent | $2,550 | $2,550 | $2,550 |
Browse Top Homes for Rent 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 | $690 |
Best Value Apartments for Rent in Elmo, MO and Nearby
As of June 18, 2026 the best value apartment in the Elmo area is the $1.09 price per square foot 3 Bed 2 Bath Model at Fontenelle Hills in the in the Clermont Court neighborhood starting from $1,468. 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 | 3 Bed 2 Bath | 3BR,2BA | $1.09 |
| Bellevue Gardens Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.70 |
| Fontainebleau Apartments | 2 Bed, 2 Bath | 2BR,2BA | $1.03 |
| Forest Cove | 3 Bedroom, 1 Bath | 3BR,1BA | $0.85 |
| Timbercrest Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.10 |
| 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!
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See the most popular apartments and homes in Elmo, MO
Frequently Asked Questions about Elmo
What type of rentals are currently available in Elmo?
There are currently 58 Apartments for Rent in Elmo, MO with pricing that ranges from $540 to $2,676. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmo ranging from $345 to $3,200.
What is the current price range for Rental Homes in Elmo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmo ranges from $345 to $3,200 with an average monthly rent of $1,468.
How much are larger Three and Four Bedroom Rentals in Elmo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elmo range from $875 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $345 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $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

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.