Cheap Apartments for Rent in Farmington, MO from $400 (42 Rentals)

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

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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Crimson Landing
1 to 3 Bedroom Apartments

Crimson Landing

4826 Red RoosterFarmington, MO 63640

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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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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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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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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Lauren's Place
2 to 3 Bedroom Apartments

Lauren's Place

802 Crown StMarble Hill, MO 63764

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.

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Twin City Villa
1 to 2 Bedroom Apartments

Twin City Villa

124 Twin City DrFestus, MO 63028
Senior Living
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Farmington, MO Local Guide

Cheapest Available Farmington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Farmington, MO is a Studio unit found at Perryville Senior Apartments priced from $575. Pine View has the second lowest priced unit, which is a 2 Beds apartment currently listed from $675. Here is today’s list of the most affordable Farmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Perryville Senior ApartmentsEfficiencyStudio,1BA$575
Pine View2beds and 1bath2BR,1BA$675
Autumn Creek1BR/1.0BA1BR,1BA$695
990 S Lay Ave990 South Lay1BR,1BA$710
Trails West Apartments1BR1BR,1BA$750
Columbia Park ApartmentsColumbia Park - 1 Bedroom Apartment Home1BR,1BA$795
24 North Rentals1 Bedroom Apartment- Miller Apartments1BR,1BA$800
Camden CrestOne Bedroom1BR,1BA$850
Orchard View Apartments2 Beds, 2 baths2BR,2BA$900

Best Value Apartments for Rent in Farmington, MO and Nearby

As of July 26, 2026 the best value apartment in the Farmington area is the $1.05 price per square foot 3BR-2BA Townhome Model at Icon Townhomes in the starting from $1,495. The second greatest value Farmington apartment is the 2 BR Model at Liberty Pointe starting at $975 with a $1.04 price per square foot . Here is today’s list of the best values for Farmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Icon Townhomes3BR-2BA Townhome3BR,2BA$1.05
Liberty Pointe2 BR2BR,1BA$1.04
Orchard View Apartments2 Beds, 2 baths2BR,2BA$1.03
Pine View2beds and 1bath2BR,1BA$0.84
Autumn Leaf Apartment Homes1 Bedroom Upstairs1BR,1BA$1.24
Camden CrestOne Bedroom1BR,1BA$1.12
Trails West Apartments1BR1BR,1BA$1.23
Autumn Creek1BR/1.0BA1BR,1BA$1.17
990 S Lay Ave990 South Lay1BR,1BA$1.42
101 Pelican Dr101 Pelican Dr1BR,1BA$1.00

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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Quick 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.

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Best Local Schools in
Farmington, 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 Cheap Farmington Apartments

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

The lowest price for a Cheap One Bedroom Farmington Apartment is $695 at Autumn Creek.

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

Today's best deal for a Cheap Two Bedroom Apartment in Farmington is starting from $675 at Pine View.

What is the most affordable Farmington Three Bedroom Apartment?

The best deal on a cheap Farmington 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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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.