
Cheap Homes for Rent in Farmington, MO from $300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Farmington.


406 High St

409 Merle St

6 S Center St

27038 State Hwy B
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.

27880 County Rd 362 Rd

30 E. Lewis St., Unit A

237 Co Rd 341

42 Point Dr

45 Point Dr
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.
Farmington, MO Local Guide

How much does it cost to rent a home in Farmington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Farmington 2 Bedroom Homes for Rent | $1,025 | $390 | $1,600 |
| Farmington 3 Bedroom Homes for Rent | $1,540 | $490 | $2,395 |
| Farmington 4 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
| Farmington 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Top Homes for Rent in Farmington
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Farmington, MO Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Perryville Senior Apartments | Efficiency | Studio,1BA | $575 |
| Pine View | 2beds and 1bath | 2BR,1BA | $675 |
| Autumn Creek | 1BR/1.0BA | 1BR,1BA | $680 |
Best Value Apartments for Rent in Farmington, MO and Nearby
As of June 10, 2026 the best value apartment in the Farmington area is the $1.12 price per square foot 3BR-2BA Duplex Model at Icon Townhomes in the starting from $1,750. The second greatest value Farmington apartment is the 2BR Model at Trails West Apartments starting at $850 with a $0.94 price per square foot . Here is today’s list of the best values for Farmington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Icon Townhomes | 3BR-2BA Duplex | 3BR,2BA | $1.12 |
| Trails West Apartments | 2BR | 2BR,1BA | $0.94 |
| Orchard View Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.03 |
| 1008 Jane Dr, Unit 1008 - 02 | 1008 Jane Dr | 2BR,1.5BA | $0.92 |
| Pine View | 2beds and 1bath | 2BR,1BA | $0.84 |
| 325 Sunnyside St, Unit 325 - B | 325 Sunnyside St | 2BR,1BA | $1.13 |
| Camden Crest | One Bedroom | 1BR,1BA | $1.12 |
| 1545 W Main St | 1545 W Main St | 1BR,1BA | $0.96 |
| Heisel Apartments & Townhouses | 1BR Apartments | 1BR,1BA | $1.16 |
| Autumn Creek | 1BR/1.0BA | 1BR,1BA | $1.14 |
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.
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 Farmington
What type of rentals are currently available in Farmington?
There are currently 56 Apartments for Rent in Farmington, MO with pricing that ranges from $200 to $1,950. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $298 to $3,200.
What is the current price range for Rental Homes in Farmington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Farmington ranges from $298 to $3,200 with an average monthly rent of $1,681.
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.