Cheap Apartments for Rent in Lake St. Louis, MO from $700 (13 Rentals)

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

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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Pin Oak Parc
3 to 4 Bedroom Apartments

Pin Oak Parc

8001 Oakhaven DrO'Fallon, MO 63368

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 St. Louis, MO Local Guide

Cheapest Neighborhoods for Apartments in Lake St. Louis, MO

Pricing Updated: 11/02/2025

Current apartment rentals in the Lake St. Louis, 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 Lake St. Louis Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Crimson Oaks$2,525$1,02556
Lake Saint Louis$3,500$1,02573
Preston Woods$3,500$1,025123

Cheapest Available Lake St. Louis Apartments for Rent

 

The cheapest available apartment rental in Lake St. Louis, MO is a 1 Bed unit found at Cedar Lakes Apartments in the Carlton Glen Estates neighborhood priced from $1,025. Savannah Ridge Apartments in the Whispering Woods neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,120. Here is today’s list of the most affordable Lake St. Louis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Lakes ApartmentsA11BR,1BA$1,025
Savannah Ridge Apartments1 Bedroom Garden1BR,1BA$1,120
Synergy at the MeadowsElement1BR,1BA$1,263
Hearthstone at Autumn Hollow1B/1B - 2nd Floor Pool View1BR,2BA$1,265
O'Fallon Lakes ApartmentsThe Bryant2BR,2BA$1,287

Best Value Apartments for Rent in Lake St. Louis, MO

As of November 02, 2025 the best value apartment in the Lake St. Louis area is the $1.25 price per square foot Estate Homes Model at The Estates at The Waterways in the in the Whispering Woods neighborhood starting from $3,000. The second greatest value Lake St. Louis apartment is the Waterside I Model at Waterways Apartments starting at $1,880 with a $1.39 price per square foot in the Whispering Woods neighborhood. Here is today’s list of the best values for Lake St. Louis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Estates at The WaterwaysEstate Homes4BR,2.5BA$1.25
Waterways ApartmentsWaterside I3BR,2BA$1.39
Vinings of O'FallonThe Meritage II2BR,2BA$1.24
Aventura at WentzvilleB12BR,2BA$1.46
Aventura at Hawk RidgeB12BR,2BA$1.48
O'Fallon Lakes ApartmentsThe Bryant2BR,2BA$1.25
Westchester VillageCourtland Townhome2BR,1.5BA$1.39
The Jewel O'FallonSapphire1BR,1BA$1.62
Savannah Ridge Apartments1 Bedroom Garden1BR,1BA$1.63
Cedar Lakes ApartmentsA11BR,1BA$1.58

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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 St. Louis, MO Rentals by Map

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Getting Around Lake St. Louis, MO

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lake St. Louis Apartments

How much is rent for a Cheap One Bedroom Lake St. Louis Apartment?

The lowest price for a Cheap One Bedroom Lake St. Louis Apartment is $1,025 at Cedar Lakes Apartments.

What is the lowest price for a Cheap Two Bedroom Lake St. Louis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake St. Louis is starting from $1,155 at Cedar Lakes Apartments.

What is the most affordable Lake St. Louis Three Bedroom Apartment?

The best deal on a cheap Lake St. Louis Three Bedroom Apartment rental is at Waterways Apartments and starts from $1,880.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.