Cheap Apartments for Rent in Hematite, MO from $500 (46 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.

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
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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

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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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
property at 111 Creek Dr

$999

1 Bedroom, 1 Bath Home for Rent

Available Now

111 Creek Dr

FentonMO63026

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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Twin City Villa
1 to 2 Bedroom Apartments

Twin City Villa

124 Twin City DrFestus, MO 63028
Senior Living
property at 34 Pansy Dr

$1,049

1 Bedroom, 1 Bath Home for Rent

Available Now

34 Pansy Dr

FentonMO63026
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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

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.

Hematite, MO Local Guide

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 ListingModel NameBed/BathPriced From
Elm Garden Apartments2 Beds, 1 bath2BR,1BA$850
Telegraph CrossingOne Bedroom Deluxe1BR,1BA$850
Southfield Apartments1Bd/1Ba1BR,1BA$950
Suson PinesELM1BR,1BA$995
Butler Hill Apartments2BR/1.0BA2BR,1BA$995
Autumn Ridge Apartments2BR/1.0BA2BR,1BA$1,025
Greenmar ApartmentsJade2BR,1BA$1,049
Black Forest ApartmentsTwo Bedroom2BR,1BA$1,079
Lakewood Apartments2A2BR,2BA$1,150
Walden Pond2A2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lakewood Apartments3A3BR,2BA$1.24
Canyon CreekStrata2BR,1.5BA$1.40
Walden Pond2A2BR,2BA$1.36
Black Forest ApartmentsTwo Bedroom2BR,1BA$1.23
Elm Garden Apartments2 Beds, 1 bath2BR,1BA$0.98
Butler Hill Apartments2BR/1.0BA2BR,1BA$1.24
Autumn Ridge2BR/1.0BA2BR,1BA$1.28
Greenmar ApartmentsJade2BR,1BA$1.34
Southfield Apartments1Bd/1Ba1BR,1BA$1.36
Suson PinesELM1BR,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.

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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

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!

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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 $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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.

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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.