Cheap Apartments for Rent in Hillsboro, MO from $500 (39 Rentals)

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

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
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Verda Vista Apartments
Studio to 2 Bedroom Apartments

Verda Vista Apartments

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

Pevely Pointe

1001 Pevely Pointe DrPevely, MO 63070
  • Utilities Included
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

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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Showing Results 1-39, Page 1 of 1

Hillsboro, MO Local Guide

Cheapest Available Hillsboro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hillsboro, MO is a 1 Bed unit found at Telegraph Crossing in the River Breeze Estates neighborhood priced from $810. Parkhill Terrace Apartments in the Fenton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Hillsboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Telegraph CrossingOne Bedroom Standard1BR,1BA$810
Parkhill Terrace ApartmentsOne Bed One Bath1BR,1BA$825
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$850
Butler Hill Apartments1BR/1.0BA1BR,1BA$895
Suson PinesELM1BR,1BA$955
Greenmar ApartmentsPeridot2BR,1BA$995
Autumn Ridge2BR/1.0BA2BR,1BA$1,130
Black Forest ApartmentsTwo Bedroom2BR,1BA$1,139
Canyon CreekHollow1BR,1BA$1,150
Lakewood Apartments2A2BR,2BA$1,150

Best Value Apartments for Rent in Hillsboro, MO and Nearby

As of July 25, 2026 the best value apartment in the Hillsboro 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 Hillsboro apartment is the 2A Model at Lakewood Apartments starting at $1,150 with a $1.24 price per square foot in the Regency Woods 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.
Canyon CreekStrata2BR,1.5BA$1.41
Lakewood Apartments2A2BR,2BA$1.24
Walden Pond2A2BR,2BA$1.39
Black Forest ApartmentsTwo Bedroom2BR,1BA$1.30
Autumn Ridge2BR/1.0BA2BR,1BA$1.41
Greenmar ApartmentsJade2BR,1BA$1.28
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$1.24
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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Hillsboro, MO

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

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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 $810 at Telegraph Crossing.

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 $875 at Parkhill Terrace 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

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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.