Cheap Apartments for Rent in the Murphy Neighborhood of Fenton, MO from $700 (10 Rentals)

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Grand Oaks MHC
Studio Apartments

Grand Oaks MHC

101 Brook DrFenton, MO 63026

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.

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.

Murphy, Fenton, MO Local Guide

Cheapest Available Murphy Apartments for Rent

 

The cheapest available apartment rental in the Murphy area of St. Louis, MO is a 2 Beds unit found at Greenmar Apartments priced from $1,049. Walden Pond has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here are the most affordable Murphy apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Greenmar ApartmentsPeridot2BR,1BA$1,049
Walden Pond2A2BR,2BA$1,200
Turtle Creek ApartmentsCp2BR,2BA$1,655

Best Value Apartments for Rent in Murphy, MO

As of June 02, 2026 the best value apartment in the Murphy area is the $1.49 price per square foot The Parkland Model at Sugar Creek Apartments in the in the Murphy neighborhood starting from $1,850. The second greatest value Murphy apartment is the Cp Model at Turtle Creek Apartments starting at $1,655 with a $1.51 price per square foot in the Murphy neighborhood. Here is today’s list of the best values for Murphy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sugar Creek ApartmentsThe Parkland2BR,2BA$1.49
Turtle Creek ApartmentsCp2BR,2BA$1.51
Walden Pond2A2BR,2BA$1.36
Greenmar ApartmentsEmerald2BR,1BA$1.54

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

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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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Pet Friendly Lifestyle
Murphy, Fenton, MO

Ranked #2

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Murphy Apartments

What types of apartments are the cheapest in Murphy?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Murphy that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

Written by: Taryn Shorr-Mckee

I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis

Written by: Taryn Shorr-Mckee

Finding the right neighborhood to rent near your St. Louis college or university isn’t just about convenience.

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St. Louis Living: Your Local Experts Guide to Neighborhoods and Renting

Written by: Taryn Shorr-Mckee

St. Louis is a historic city of neighborhoods — nearly 80 of them — each with its own personality, rhythm, and everyday comforts.

Articles, How-To's, and Tips

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.