Cheap Apartments for Rent in Hannibal, MO from $565 (30 Rentals)

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Hannibal Manor Apartments
1 to 3 Bedroom Apartments

Hannibal Manor Apartments

271 Munger LnHannibal, MO 63401
Senior Living
  • Utilities Included

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.

property at 725 E Monroe St
$600 - $725
Studio To 1 Bedroom Rentals
Available Now

725 E Monroe St

MexicoMO65265
property at 500 Wendell St
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
1 Bedroom, 1 Bath Home for Rent
Available Now

500 Wendell St

GoldenIL62339

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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Keokuk Family Flats
1 to 3 Bedroom Apartments

Keokuk Family Flats

2812 Lincoln AveKeokuk, IA 52632
  • Utilities Included

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.

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.

Hannibal, MO Local Guide

Cheapest Available Hannibal Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hannibal, MO is a 2 Beds unit found at Forest Village Apartments priced from $825. Monroe City Senior Housing 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Hannibal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forest Village Apartments2 Bedroom2BR, 1BA$825
Monroe City Senior Housing 62+1 Bed 1 Bath1BR, 1BA$875
Cross Creek Villas4BR/2.5BA4BR, 2BA$1,549
Jenne Hill TownhomesJenne Hill - 4 Bedroom 2.5 Bath Townhome4BR, 2BA$1,625
Emerson Garden ApartmentsApt 101 S3BR, 2BA$1,750
View 212 bed 2 bath2BR, 2BA$2,100

Best Value Apartments for Rent in Hannibal, MO and Nearby

As of September 17, 2026 the best value apartment in the Hannibal area is the $0.77 price per square foot 4BR/2.5BA Model at Cross Creek Villas in the Auburn Hills neighborhood starting from $1,549. The second greatest value Hannibal apartment is the Jenne Hill - 4 Bedroom 2.5 Bath Townhome Model at Jenne Hill Townhomes in the The Links of Columbia neighborhood starting at $1,625 with a $1.08 price per square foot. Here is today’s list of the best values for Hannibal apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cross Creek Villas4BR/2.5BA4BR, 2.5BA$0.77
Jenne Hill TownhomesJenne Hill - 4 Bedroom 2.5 Bath Townhome4BR, 2.5BA$1.08
Emerson Garden ApartmentsApt 101 S3BR, 2BA$1.35
View 212 bed 1 bath2BR, 1BA$2.00
Forest Village Apartments2 Bedroom2BR, 1BA$1.00
200 Jaycee Dr, Unit 214200 Jaycee Dr1BR, 1BA$2.09
Monroe City Senior Housing 62+1 Bed 1 Bath1BR, 1BA$1.46
716 Ohio St, Unit 4716 Ohio StStudio, 1BA$1.20

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Hannibal Apartments

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

The lowest price for a Cheap One Bedroom Hannibal Apartment is $875 at Monroe City Senior Housing 62+.

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

Today's best deal for a Cheap Two Bedroom Apartment in Hannibal is starting from $825 at Forest Village Apartments.

What is the most affordable Hannibal Three Bedroom Apartment?

The best deal on a cheap Hannibal Three Bedroom Apartment rental is at Forest Village Apartments and starts from $895.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.