Cheap Apartments for Rent near Hematite, MO from $500 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hematite.

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.

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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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Woodridge Manor Apartments
Studio to 2 Bedroom Apartments

Woodridge Manor Apartments

2404 Williams Creek RdHigh Ridge, MO 63049
Corporate Housing
  • Utilities Included
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Gravois Point Apartments
Studio to 3 Bedroom Apartments

Gravois Point Apartments

385 Corisande Hills RdFenton, MO 63026
  • 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.

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Verda Vista Apartments
Studio to 2 Bedroom Apartments

Verda Vista Apartments

5264-5312 Hwy 21Imperial, MO 63052
  • Utilities Included
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Pevely Pointe
1 to 3 Bedroom Apartments

Pevely Pointe

1001 Pevely Pointe DrPevely, MO 63070
  • Utilities Included
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Red Rooster Apartments
1 to 3 Bedroom Apartments

Red Rooster Apartments

7601 Blackberry LnBonne Terre, MO 63628
  • Utilities Included

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.

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property at 111 Creek Dr

$999

1 Bedroom, 1 Bath Home for Rent

Available Now

111 Creek Dr

FentonMO63026
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Twin City Villa
1 to 2 Bedroom Apartments

Twin City Villa

124 Twin City DrFestus, MO 63028
Senior Living
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Southmoor
1 to 3 Bedroom Apartments

Southmoor

5182 Golf Ridge LnSt. Louis, MO 63128
Corporate Housing
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Autumn View Townhouses
2 to 3 Bedroom Apartments

Autumn View Townhouses

3143 Waycross DrArnold, MO 63010
  • Utilities Included

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.

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Showing Results 1-41, Page 1 of 1

Hematite, MO Local Guide

Cheapest Available Hematite Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hematite, MO is a 1 Bed unit found at Parkhill Terrace Apartments in the Fenton neighborhood priced from $825. 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 ListingModel NameBed/BathPriced From
Parkhill Terrace ApartmentsOne Bed One Bath1BR,1BA$825
Telegraph CrossingOne Bedroom Deluxe1BR,1BA$850
Butler Hill Apartments1BR/1.0BA1BR,1BA$895
Southfield Apartments2Bd/1Ba2BR,1BA$950
Suson PinesELM1BR,1BA$955
Greenmar ApartmentsPeridot2BR,1BA$995
Autumn Ridge2BR/1.0BA2BR,1BA$1,095
Lakewood Apartments2A2BR,2BA$1,150
Canyon CreekHollow1BR,1BA$1,150
Bridgewater ApartmentsStandard Third Floor2BR,2BA$1,175

Best Value Apartments for Rent in Hematite, MO and Nearby

As of July 28, 2026 the best value apartment in the Hematite area is the $1.41 price per square foot Strata Model at Canyon Creek in the in the River Breeze Estates neighborhood starting from $1,520. The second greatest value Hematite apartment is the Standard Third Floor Model at Bridgewater Apartments starting at $1,175 with a $1.12 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Canyon CreekStrata2BR,1.5BA$1.41
Bridgewater ApartmentsStandard Third Floor2BR,2BA$1.12
Lakewood Apartments2A2BR,2BA$1.24
Southfield Apartments2Bd/1Ba2BR,1BA$1.06
Walden Pond2A2BR,2BA$1.39
Autumn Ridge2BR/1.0BA2BR,1BA$1.37
Greenmar ApartmentsJade2BR,1BA$1.28
Parkhill Terrace ApartmentsOne Bed One Bath1BR,1BA$1.22
Suson PinesELM1BR,1BA$1.44
Butler Hill Apartments1BR/1.0BA1BR,1BA$1.49

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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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!

Explore Hematite, MO Rentals by Map

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See the most popular apartments and homes in Hematite, MO

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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 $825 at Parkhill Terrace Apartments.

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 $875 at Parkhill Terrace Apartments.

What is the most affordable Hematite Three Bedroom Apartment?

The best deal on a cheap Hematite Three Bedroom Apartment rental is at Lakewood Apartments and starts from $1,375.

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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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.

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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.

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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.