Cheap Apartments for Rent in Hematite, MO from $500 (52 Rentals)

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

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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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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Woodridge Manor Apartments
Studio to 2 Bedroom Apartments

Woodridge Manor Apartments

2404 Williams Creek RdHigh Ridge, MO 63049
Corporate Housing
  • Utilities Included

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.

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Gravois Point Apartments
Studio to 3 Bedroom Apartments

Gravois Point Apartments

385 Corisande Hills RdFenton, MO 63026
  • Utilities Included
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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Southmoor
1 to 3 Bedroom Apartments

Southmoor

5182 Golf Ridge LnSt. Louis, MO 63128
Corporate Housing
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Deerfield Apartments
1 to 2 Bedroom Apartments

Deerfield Apartments

5178 Deerfield Circle DrSt. 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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

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 Telegraph Crossing in the River Breeze Estates neighborhood priced from $845. Butler Hill Apartments in the Concord neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Hematite apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Telegraph CrossingOne Bedroom Standard1BR,1BA$845
Butler Hill Apartments1BR/1.0BA1BR,1BA$895
Southfield Apartments1Bd/1Ba1BR,1BA$950
Suson PinesELM1BR,1BA$1,005
Twin City Villa1 Bedroom1BR,1BA$1,025
Greenmar ApartmentsJade2BR,1BA$1,049
Black Forest ApartmentsTwo Bedroom2BR,1BA$1,082
The Port Apartments1x1 Townhome WC/PC Reno1BR,1BA$1,134
Lakewood Apartments2A2BR,2BA$1,150
Richardson Place ApartmentsE STYLE-2 BEDROOM2BR,1BA$1,192

Best Value Apartments for Rent in Hematite, MO and Nearby

As of April 28, 2026 the best value apartment in the Hematite area is the $1.37 price per square foot The Parkland Model at Sugar Creek Apartments in the in the Murphy neighborhood starting from $1,707. The second greatest value Hematite apartment is the 2BR Model at The Legion starting at $1,650 with a $1.43 price per square foot in the Derby City 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.
Sugar Creek ApartmentsThe Parkland2BR,2BA$1.37
The Legion2BR2BR,2BA$1.43
Canyon CreekStrata2BR,1.5BA$1.39
The Port Apartments2x1.5 Townhome Classic Port2BR,1.5BA$1.18
Lakewood Apartments2A2BR,2BA$1.24
Walden Pond2A2BR,2BA$1.36
Black Forest ApartmentsTwo Bedroom2BR,1BA$1.24
Richardson Place ApartmentsE STYLE-2 BEDROOM2BR,1BA$1.49
Greenmar ApartmentsJade2BR,1BA$1.34
Southfield Apartments1Bd/1Ba1BR,1BA$1.36

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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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 $845 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 $930 at Telegraph Crossing.

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

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.