Cheap Apartments for Rent near Lake Lotawana, MO from $845 (30 Rentals)

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

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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Summit Ridge Apartments
Rent Specials
$1,394 - $2,628
Total Monthly Price

Total Monthly Price

Base Rent
$1,394 - $2,628
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Summit Ridge Apartments

701 NE Tudor RdLee's Summit, MO 64086
Corporate Housing
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The Donovan
Rent Specials
$1,379 - $3,144
Total Monthly Price

Total Monthly Price

Base Rent
$1,379 - $3,144
Total Monthly Price
$1,379 - $3,144
Studio to 2 Bedroom Apartments Available Now

The Donovan

837 Donovan RdLee's Summit, MO 64086
Affordability
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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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Wilshire Hills III
1 to 2 Bedroom Apartments

Wilshire Hills III

3200 Northeast Wilshire DriveLee's Summit, MO 64064
Senior Living
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Le Grand Apartments
1 to 2 Bedroom Apartments

Le Grand Apartments

305 SE Grand AveLee's Summit, MO 64063
Senior Living
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Century West Pryor
1 to 2 Bedroom Apartments

Century West Pryor

940 NW Pryor RdLee's Summit, MO 64081
Corporate Housing

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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Summit Square
1 to 2 Bedroom Apartments

Summit Square

789 NW Donovan RdLee's Summit, MO 64086
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Lake Lotawana, MO Local Guide

Cheapest Available Lake Lotawana Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Lotawana, MO is a 1 Bed unit found at Hampton Place Apartments in the Blue Springs Manor South neighborhood priced from $845. Maple Estates in the Henley Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $898. Here is today’s list of the most affordable Lake Lotawana apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hampton Place Apartments1x11BR,1BA$845
Maple EstatesME - 1 Bedroom 1 Bath Apartment1BR,1BA$898
The Lodge ApartmentsPartial Rehab2BR,1BA$950
The Ridge of Blue Springs1 Bed 1 Bath1BR,1BA$1,030
Pheasant Run ApartmentsA1BR,1BA$1,114
City Homes at Fall CreekJuniper1BR,1BA$1,175
Blackwell LivingS1Studio,1BA$1,335
Century West PryorRome1BR,1BA$1,371
The Fairways Apartment HomesAugusta - Classic1BR,1BA$1,371
The DonovanStudio Apartment (S1)Studio,1BA$1,379

Best Value Apartments for Rent in Lake Lotawana, MO and Nearby

As of August 24, 2026 the best value apartment in the Lake Lotawana area is the $1.51 price per square foot Cornerstone 1 Model at Chapel Ridge Townhomes in the in the Chapel Ridge neighborhood starting from $2,215. The second greatest value Lake Lotawana apartment is the Renovated Townhome Model at Windsong Townhomes starting at $1,760 with a $1.35 price per square foot in the Henley Meadows neighborhood. Here is today’s list of the best values for Lake Lotawana apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chapel Ridge TownhomesCornerstone 13BR,2.5BA$1.51
Windsong TownhomesRenovated Townhome3BR,2.5BA$1.35
Chapman Ridge TownhomesBirch2BR,2.5BA$1.45
Eagle Crossing TownhomesTH23BR,2BA$1.67
Signature at West PryorWhipple Type A2BR,2BA$1.69
Crossroads of Lee's Summit2 bedroom Ranch2BR,2BA$1.53
City Homes at Fall CreekJuniper1BR,1BA$1.38
The Lodge ApartmentsRehab Unit2BR,1BA$1.35
The Ridge of Blue Springs1 Bed 1 Bath1BR,1BA$1.53
Hampton Place Apartments1x11BR,1BA$1.30

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!

Explore Lake Lotawana, MO Rentals by Map

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See the most popular apartments and homes in Lake Lotawana, MO

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Frequently Asked Questions about Cheap Lake Lotawana Apartments

What is the Cheapest Studio apartment in Lake Lotawana?

Currently the most affordable Cheap Studio Apartment in Lake Lotawana is at Blackwell Living listed at $1,335.

How much is rent for a Cheap One Bedroom Lake Lotawana Apartment?

The lowest price for a Cheap One Bedroom Lake Lotawana Apartment is $845 at Hampton Place Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Lotawana is starting from $950 at The Lodge Apartments.

What is the most affordable Lake Lotawana Three Bedroom Apartment?

The best deal on a cheap Lake Lotawana Three Bedroom Apartment rental is at Crossroads of Lee's Summit and starts from $1,633.

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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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.

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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.