Cheap Apartments for Rent in Lake Ozark, MO from $500 (26 Rentals)

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

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.

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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Wyota Commons
Studio Apartments

Wyota Commons

1221 Millcreek RdLebanon, MO 65536
  • Utilities Included

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.

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Osage Commons
Studio to 1 Bedroom Apartments

Osage Commons

14175 Highway ZSt. Robert, MO 65584
  • Utilities Included

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.

Lake Ozark, MO Local Guide

Cheapest Available Lake Ozark Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Ozark, MO is a 1 Bed unit found at Schrimpf Management priced from $550. Wyota Commons West has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Lake Ozark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Schrimpf Management1 Bedroom Apartments1BR,1BA$550
Wyota Commons WestStudiosStudio,1BA$550
217 Twin Ridge RdA Layout1BR,1BA$625
Southern Hills Townhouses & Apartments, LLCTwo Bedroom, Two Bath Townhome with Living Room...2BR,2BA$900
deVille I Properties LLC2 bedroom 2 bathroom2BR,2BA$910
Oak Point Townhomes3 Bedroom3BR,2BA$1,055
Preserve at Sycamore CreekBagnell1BR,1BA$1,215
Liberty Park ApartmentsThree Bedroom Two Bath3BR,2BA$1,350
Summit Park3x23BR,2BA$1,595

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

As of June 07, 2026 the best value apartment in the Lake Ozark area is the $0.71 price per square foot Deluxe Three Bedroom Apartment, Two Bath, Livin... Model at Southern Hills Townhouses & Apartments, LLC in the starting from $1,200. The second greatest value Lake Ozark apartment is the 3x2 Model at Summit Park starting at $1,595 with a $0.97 price per square foot . Here is today’s list of the best values for Lake Ozark apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Southern Hills Townhouses & Apartments, LLCDeluxe Three Bedroom Apartment, Two Bath, Livin...3BR,2BA$0.71
Summit Park3x23BR,2BA$0.97
deVille I Properties LLC2 Bedroom Townhome2BR,1.5BA$0.82
Liberty Park ApartmentsThree Bedroom Two Bath3BR,2BA$1.10
Oak Point Townhomes3 Bedroom3BR,2BA$0.88
Schrimpf Management1 Bedroom Apartments1BR,1BA$0.58
4 Wren Dr, Unit 6 Wren Drive4 Wren Dr2BR,1BA$1.05
Preserve at Sycamore CreekBagnell1BR,1BA$1.70
217 Twin Ridge RdA Layout1BR,1BA$1.25
Wyota Commons WestStudiosStudio ,1BA$1.22

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 Cheap Lake Ozark Apartments

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

The lowest price for a Cheap One Bedroom Lake Ozark Apartment is $550 at Schrimpf Management.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Ozark is starting from $595 at Schrimpf Management.

What is the most affordable Lake Ozark Three Bedroom Apartment?

The best deal on a cheap Lake Ozark Three Bedroom Apartment rental is at Schrimpf Management and starts from $795.

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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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.

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.