Cheap Apartments for Rent in Hillsboro, MO from $650 (48 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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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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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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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

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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Twin City Villa
1 to 2 Bedroom Apartments

Twin City Villa

124 Twin City DrFestus, MO 63028
Senior Living
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Autumn View Townhouses
2 to 3 Bedroom Apartments

Autumn View Townhouses

3143 Waycross DrArnold, MO 63010
  • Utilities Included
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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

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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Showing Results 1-48, Page 1 of 1

Hillsboro, MO Local Guide

Cheapest Neighborhoods for Apartments in Hillsboro, MO

Pricing Updated: 09/08/2026

Current apartment rentals in the Hillsboro, MO area range in price from $875 to $1,200 with an overall median price of $1,037. Here is today’s list neighborhoods with the lowest median pricing for Hillsboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Town of Hillsboro$1,037$8752

Cheapest Available Hillsboro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hillsboro, MO is a 1 Bed unit found at Gravois Point Apartments in the Fenton neighborhood priced from $650. Bridleton Woods Apartments in the Fenton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Hillsboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gravois Point Apartments1 BR/ 1 BA1BR,1BA$650
Bridleton Woods Apartments1 BR/ 1 BA1BR,1BA$750
Parkhill Terrace ApartmentsOne Bed One Bath1BR,1BA$825
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$850
Butler Hill Apartments1BR/1.0BA1BR,1BA$895
Suson PinesWILLOW1BR,1BA$899
Greenmar ApartmentsJade2BR,1BA$995
Black Forest ApartmentsOne Bedroom1BR,1BA$997
Autumn Ridge2BR/1.0BA2BR,1BA$1,025

Best Value Apartments for Rent in Hillsboro, MO and Nearby

As of September 08, 2026 the best value apartment in the Hillsboro area is the $1.24 price per square foot 2A Model at Lakewood Apartments in the in the Regency Woods neighborhood starting from $1,150. The second greatest value Hillsboro apartment is the 453 Cedarview Ct Model at 453 Cedarview Ct, Unit 453 starting at $1,200 with a $1.33 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 Apartments2A2BR,2BA$1.24
453 Cedarview Ct, Unit 453453 Cedarview Ct2BR,1BA$1.33
130 Sandstone Ct130 Sandstone Ct2BR,1BA$1.09
Autumn Ridge2BR/1.0BA2BR,1BA$1.28
Greenmar ApartmentsEmerald2BR,1BA$1.34
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$1.24
Parkhill Terrace ApartmentsOne Bed One Bath1BR,1BA$1.22
Suson PinesELM1BR,1BA$1.36
Bridleton Woods Apartments1 BR/ 1 BA1BR,1BA$1.15
Gravois Point Apartments1 BR/ 1 BA1BR,1BA$1.08

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Best Local Schools in
Hillsboro, MO

School data provided by Great Schools

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 $650 at Gravois Point 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 $750 at Gravois Point 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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.