Cheap Apartments for Rent in Lake St. Louis, MO from $1,010 (31 Rentals)

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

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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Pin Oak Pointe
3 to 4 Bedroom Apartments

Pin Oak Pointe

8001 Oakhaven DrO'Fallon, MO 63368

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 1-31, Page 1 of 1

Lake St. Louis, MO Local Guide

Cheapest Neighborhoods for Apartments in Lake St. Louis, MO

Pricing Updated: 09/10/2026

Current apartment rentals in the Lake St. Louis, MO area range in price from $1,399 to $3,425 with an overall median price of $2,682. Here is today’s list neighborhoods with the lowest median pricing for Lake St. Louis Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Preston Woods$2,660$2,6601
Lake Saint Louis$2,677$1,39913
Crimson Oaks$2,772$2,7501

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 Lake St. Louis neighborhood priced from $1,045. O'Fallon Lakes Apartments in the Whispering Woods neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,082. Here is today’s list of the most affordable Lake St. Louis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Lakes ApartmentsA21BR,1BA$1,045
O'Fallon Lakes ApartmentsThe Adler1BR,1BA$1,082
Savannah Ridge Apartments1 Bedroom Garden1BR,1BA$1,166
Prairie EncoreStudio/1BStudio,1BA$1,325
The Waterways of Lake Saint Louis ApartmentsBrookside1BR,1BA$1,350
Thornwood ApartmentsWildrose1BR,1BA$1,350
Synergy at the MeadowsTranquility1BR,1BA$1,390
The Jewel O'FallonSapphire1BR,1BA$1,411
Aventura at WentzvilleA21BR,1BA$1,585
Hearthstone at Autumn Hollow2B/2B - 3rd Floor Pool View2BR,2BA$1,625

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

As of September 10, 2026 the best value apartment in the Lake St. Louis area is the $1.51 price per square foot The Heron 4B/3.5B with finished basement a Model at Villas on the Prairie in the in the Tysons Corner neighborhood starting from $3,000. The second greatest value Lake St. Louis apartment is the Rental Homes Model at The Waterways of Lake Saint Louis Homes starting at $3,000 with a $1.66 price per square foot in the Lake St. Louis 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.
Villas on the PrairieThe Heron 4B/3.5B with finished basement a4BR,3.5BA$1.51
The Waterways of Lake Saint Louis HomesRental Homes4BR,2.5BA$1.66
The Prairie Luxury ApartmentsThe Sparrow 2B/2B 1st Floor d2BR,2BA$1.57
Aventura at WentzvilleA21BR,1BA$1.47
Thornwood ApartmentsWildrose1BR,1BA$1.51
The Waterways of Lake Saint Louis ApartmentsBrookside1BR,1BA$1.51
The Jewel O'FallonSapphire1BR,1BA$1.64
O'Fallon Lakes ApartmentsThe Adler1BR,1BA$1.35
Cedar Lakes ApartmentsA21BR,1BA$1.38
Savannah Ridge Apartments1 Bedroom Garden1BR,1BA$1.69

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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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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Frequently Asked Questions about Cheap Lake St. Louis Apartments

What is the Cheapest Studio apartment in Lake St. Louis?

Currently the most affordable Cheap Studio Apartment in Lake St. Louis is at Prairie Encore listed at $1,325.

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 $1,045 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 $1,250 at Savannah Ridge 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 O'Fallon Lakes Apartments and starts from $1,475.

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.