
Cheap Apartments for Rent near Farrar, MO from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Farrar.


Meadow Ridge Townhomes

Storyboard at SIU

Cornerstone Place

Campus Edge

The Metropolitan

THE QUADS APARTMENTS

Schilling Property Management

Alpha Property Management (Alpha Rentals)
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.

University Mall and Walnut Street Apartments

ASHBURN COURT APARTMENTS

Saint Germain Square

Saluki Apartments

Brookside Apartments

Lake Logan Apartments

The Hill Apartments

Pine Shores Rentals

Wedgewood Hills
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.

G&R Rentals

921 E Grand Ave

The District at Cape

Newly Renovated 2 Bedrooms!

Aspen Court Apartments

Home Rentals Corporation

2128 Jean Deer Dr

413 W Main St

27038 State Hwy B
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.

709 S Poplar St

27034 State Hwy B

700 N Carico St

317 E Mill St

319 E Mill St

321 E Mill St

711 S Poplar St

800 E Grand Ave

199 Iylas Ln
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.

1902 Old W Main St

500 S Washington St

513 S Ash St
Farrar, MO Local Guide

How much does it cost to rent an apartment in Farrar?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Farrar Studio Apartments | $484 | $450 | $625 |
| Farrar 1 Bedroom Apartments | $854 | $200 | $1,575 |
| Farrar 2 Bedroom Apartments | $1,036 | $625 | $1,545 |
| Farrar 3 Bedroom Apartments | $1,353 | $650 | $2,495 |
| Farrar 4 Bedroom Apartments | $1,214 | $295 | $2,080 |
Browse Top Apartments in Farrar
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Farrar, MO Local Guide
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Cheapest Available Farrar Apartments for Rent and Nearby
 The cheapest available apartment rental in Farrar, MO is a Studio unit found at THE QUADS APARTMENTS priced from $500. Perryville Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $575. Here is today’s list of the most affordable Farrar apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $500 |
| Perryville Senior Apartments | Efficiency | Studio,1BA | $575 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| ASHBURN COURT APARTMENTS | 1BR/1.0BA | 1BR,1BA | $650 |
| The District at Cape | Dempster | 1BR,1BA | $777 |
| Hawks Landing | One Bedroom | 1BR,1BA | $915 |
| Palomino Apartments | 2BR/1.5BA | 2BR,1BA | $950 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1,185 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1,250 |
| 2015 Walden Pond Way | 2007 Waldon Pond 205 | 2BR,2BA | $1,525 |
Best Value Apartments for Rent in Farrar, MO and Nearby
As of July 24, 2026 the best value apartment in the Farrar area is the $1.08 price per square foot 3 Bedrooms Model at Grand Place Apartments in the starting from $1,185. The second greatest value Farrar apartment is the 2007 Waldon Pond 205 Model at 2015 Walden Pond Way starting at $1,525 with a $1.39 price per square foot . Here is today’s list of the best values for Farrar apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| 2015 Walden Pond Way | 2007 Waldon Pond 205 | 2BR,2BA | $1.39 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1.25 |
| The Reserve at Saluki Pointe | 2X2 By the bed | 2BR,2BA | $0.71 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| The Hill Apartments | The Hill 2 Bed 2 Bath | 2BR,2BA | $1.17 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| The District at Cape | Dogwood | 1BR,1BA | $1.25 |
| Perryville Senior Apartments | Efficiency | Studio ,1BA | $1.43 |
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 Farrar, MO Rentals by Map
See the most popular apartments and homes in Farrar, MO
Frequently Asked Questions about Cheap Farrar Apartments
How much is rent for a Cheap One Bedroom Farrar Apartment?
The lowest price for a Cheap One Bedroom Farrar Apartment is $600 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Farrar Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Farrar is starting from $700 at Schilling Property Management.
What is the most affordable Farrar Three Bedroom Apartment?
The best deal on a cheap Farrar Three Bedroom Apartment rental is at THE QUADS APARTMENTS and starts from $800.
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

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.

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.

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.

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.