
Cheap Apartments for Rent in Hematite, MO from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Hematite.


Oakbrook Gardens

Telegraph Crossing

Parkhill Terrace Apartments

Elm Garden Apartments

Butler Hill Apartments

Black Forest Apartments

Southfield Apartments

Suson Pines
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.

Autumn Ridge

Yorktowne Apartments

The Port Apartments

Greenmar Apartments

Avion Ridge

Canyon Creek

Lakewood Apartments

Bridgewater Apartments

Patterson Place Apartments
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.

South Summit Apartments

Walden Pond

Hunters Ridge STL

Richardson Place Apartments

Village Royale

Woodridge Manor Apartments

Gravois Point Apartments

Verda Vista Apartments

790 Country Aire Ct
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Bridleton Woods Apartments

Pevely Pointe

Red Rooster Apartments

Timber Ridge Apartments

South Pointe Apartments

212 Kronos Dr

206 Kronos Dr

111 Creek Dr

39 Pansy Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Twin City Villa

34 Pansy Dr

Southmoor

832 Briny Ln

828 Young Dr

Autumn View Townhouses

6806 Tree Top

1725 W Golden Cir

803 S 4th St
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.

535 S Adams St
Hematite, MO Local Guide

How much does it cost to rent an apartment in Hematite?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hematite Studio Apartments | $1,440 | $1,440 | $1,440 |
| Hematite 1 Bedroom Apartments | $1,465 | $790 | $2,630 |
| Hematite 2 Bedroom Apartments | $1,433 | $850 | $3,850 |
| Hematite 3 Bedroom Apartments | $1,730 | $1,050 | $4,050 |
Browse Top Apartments in Hematite
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Hematite, MO Local Guide
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Cheapest Available Hematite Apartments for Rent and Nearby
 The cheapest available apartment rental in Hematite, MO is a 2 Beds unit found at Elm Garden Apartments in the Regency Woods neighborhood priced from $850. Telegraph Crossing in the River Breeze Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Hematite apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elm Garden Apartments | 2 Beds, 1 bath | 2BR,1BA | $850 |
| Telegraph Crossing | One Bedroom Deluxe | 1BR,1BA | $850 |
| Southfield Apartments | 1Bd/1Ba | 1BR,1BA | $950 |
| Suson Pines | ELM | 1BR,1BA | $995 |
| Butler Hill Apartments | 2BR/1.0BA | 2BR,1BA | $995 |
| Autumn Ridge Apartments | 2BR/1.0BA | 2BR,1BA | $1,025 |
| Greenmar Apartments | Jade | 2BR,1BA | $1,049 |
| Black Forest Apartments | Two Bedroom | 2BR,1BA | $1,079 |
| Lakewood Apartments | 2A | 2BR,2BA | $1,150 |
| Walden Pond | 2A | 2BR,2BA | $1,200 |
Best Value Apartments for Rent in Hematite, MO and Nearby
As of June 12, 2026 the best value apartment in the Hematite area is the $1.24 price per square foot 3A Model at Lakewood Apartments in the in the Regency Woods neighborhood starting from $1,400. The second greatest value Hematite apartment is the Strata Model at Canyon Creek starting at $1,515 with a $1.40 price per square foot in the River Breeze Estates neighborhood. Here is today’s list of the best values for Hematite apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakewood Apartments | 3A | 3BR,2BA | $1.24 |
| Canyon Creek | Strata | 2BR,1.5BA | $1.40 |
| Walden Pond | 2A | 2BR,2BA | $1.36 |
| Black Forest Apartments | Two Bedroom | 2BR,1BA | $1.23 |
| Elm Garden Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.98 |
| Butler Hill Apartments | 2BR/1.0BA | 2BR,1BA | $1.24 |
| Autumn Ridge | 2BR/1.0BA | 2BR,1BA | $1.28 |
| Greenmar Apartments | Jade | 2BR,1BA | $1.34 |
| Southfield Apartments | 1Bd/1Ba | 1BR,1BA | $1.36 |
| Suson Pines | ELM | 1BR,1BA | $1.51 |
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 Hematite, MO Rentals by Map
See the most popular apartments and homes in Hematite, MO
Frequently Asked Questions about Cheap Hematite Apartments
How much is rent for a Cheap One Bedroom Hematite Apartment?
The lowest price for a Cheap One Bedroom Hematite Apartment is $850 at Telegraph Crossing.
What is the lowest price for a Cheap Two Bedroom Hematite Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hematite is starting from $850 at Elm Garden Apartments.
What is the most affordable Hematite Three Bedroom Apartment?
The best deal on a cheap Hematite Three Bedroom Apartment rental is at Walden Pond and starts from $1,400.
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.