Cheap Homes for Rent in Hematite, MO from $700 (6 Rentals)

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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.

property at 111 Creek Dr

$999

1 Bedroom, 1 Bath Home for Rent

Available Now

111 Creek Dr

FentonMO63026
property at 34 Pansy Dr

$1,049

1 Bedroom, 1 Bath Home for Rent

Available Now

34 Pansy Dr

FentonMO63026

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.

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

Best Value Apartments for Rent in Hematite, MO and Nearby

As of June 18, 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
Hunters Ridge STLAspen2BR,2BA$1.41
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
Southfield Apartments1Bd/1Ba1BR,1BA$1.36
Suson PinesELM1BR,1BA$1.44

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!

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Frequently Asked Questions about Hematite

What type of rentals are currently available in Hematite?

There are currently 44 Apartments for Rent in Hematite, MO with pricing that ranges from $790 to $4,050. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hematite ranging from $715 to $4,995.

What is the current price range for Rental Homes in Hematite?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hematite ranges from $715 to $4,995 with an average monthly rent of $2,396.

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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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.

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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.