Cheap Apartments for Rent in Hillsboro, MO from $500 (61 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Woodridge Manor Apartments
Studio to 2 Bedroom Apartments

Woodridge Manor Apartments

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

Gravois Point Apartments

385 Corisande Hills RdFenton, MO 63026
  • Utilities Included
close
View Me
Verda Vista Apartments
Studio to 2 Bedroom Apartments

Verda Vista Apartments

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

Pevely Pointe

1001 Pevely Pointe DrPevely, MO 63070
  • 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.

Read Article
Showing Results 1-50, Page 1 of 2

Hillsboro, MO Local Guide

Cheapest Neighborhoods for Apartments in Hillsboro, MO

Pricing Updated: 06/10/2026

Current apartment rentals in the Hillsboro, MO area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Hillsboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Town of Hillsboro$2,395$2,3951

Cheapest Available Hillsboro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hillsboro, MO is a 1 Bed unit found at Parkhill Terrace Apartments priced from $750. Elm Garden Apartments in the Regency Woods neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Hillsboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkhill Terrace ApartmentsOne Bed One Bath1BR,1BA$750
Elm Garden Apartments2 Beds, 1 bath2BR,1BA$850
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$850
Telegraph CrossingOne Bedroom Deluxe1BR,1BA$850
Suson PinesELM1BR,1BA$995

Best Value Apartments for Rent in Hillsboro, MO and Nearby

As of June 10, 2026 the best value apartment in the Hillsboro 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 Hillsboro apartment is the 303 Cedarview Ct Model at 303 Cedarview Ct, Unit 303 starting at $900 with a $1.00 price per square foot in the Town of Hillsboro neighborhood. Here is today’s list of the best values for Hillsboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lakewood Apartments3A3BR,2BA$1.24
303 Cedarview Ct, Unit 303303 Cedarview Ct2BR,1BA$1.00
435 Cedarview Ct, Unit 435435 Cedarview Ct2BR,1BA$1.00
Elm Garden Apartments2 Beds, 1 bath2BR,1BA$0.98
Butler Hill Apartments2BR/1.0BA2BR,1BA$1.24
113 Sandstone Ct, Unit 113113 Sandstone Ct2BR,1BA$1.13
129 Sandstone Ct, Unit 129129 Sandstone Ct2BR,1BA$1.13
119 Sandstone Ct, Unit 119119 Sandstone Ct2BR,1BA$1.13
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$1.24
Parkhill Terrace ApartmentsOne Bed One Bath1BR,1BA$1.11

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Hillsboro, MO

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Hillsboro, MO Rentals by Map

Decorative image of map

See the most popular apartments and homes in Hillsboro, MO

View Map
Hillsboro, MO Apartments Map
View Map
Hillsboro, MO Rental Homes Map

Frequently Asked Questions about Cheap Hillsboro Apartments

How much is rent for a Cheap One Bedroom Hillsboro Apartment?

The lowest price for a Cheap One Bedroom Hillsboro Apartment is $750 at Parkhill Terrace Apartments.

What is the lowest price for a Cheap Two Bedroom Hillsboro Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hillsboro is starting from $850 at Elm Garden Apartments.

What is the most affordable Hillsboro Three Bedroom Apartment?

The best deal on a cheap Hillsboro Three Bedroom Apartment rental is at Osage Estates Apartments and starts from $1,300.

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.