Cheap Apartments for Rent in Lake St. Louis, MO from $700 (14 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Pin Oak Parc
3 Bedroom Apartments

Pin Oak Parc

8001 Oakhaven DrO'Fallon, MO 63368

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Lake St. Louis, MO Local Guide

Cheapest Neighborhoods for Apartments in Lake St. Louis, MO

Pricing Updated: 06/23/2025

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
Preston Woods$2,647$1,05556
Crimson Oaks$2,800$1,12539
Lake Saint Louis$2,800$1,14552

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 Wall Street Senior Living in the Carlton Glen Estates neighborhood priced from $1,125. Cedar Lakes Apartments in the Carlton Glen Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,145. Here is today’s list of the most affordable Lake St. Louis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wall Street Senior LivingOne Bedroom1BR,1BA$1,125
Cedar Lakes ApartmentsA31BR,1BA$1,145
Synergy at the MeadowsElement1BR,1BA$1,265
O'Fallon Lakes ApartmentsThe Bryant2BR,2BA$1,287
Savannah Ridge Apartments2 Bedroom Garden2BR,2BA$1,287

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

As of June 23, 2025 the best value apartment in the Lake St. Louis area is the $1.67 price per square foot Rental Homes Model at Waterways Apartments in the in the Whispering Woods neighborhood starting from $4,000. The second greatest value Lake St. Louis apartment is the Estate Homes Model at The Estates at The Waterways starting at $4,000 with a $1.67 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.
Waterways ApartmentsRental Homes4BR,2.5BA$1.67
The Estates at The WaterwaysEstate Homes4BR,2.5BA$1.67
O'Fallon Lakes ApartmentsThe Bryant2BR,2BA$1.25
Savannah Ridge Apartments2 Bedroom Garden2BR,2BA$1.36
Westchester VillageCourtland Townhome2BR,1.5BA$1.39
Aventura at WentzvilleA11BR,1BA$1.60
The SullivanOne Bedroom1BR,1BA$1.72
The Jewel O'FallonRuby1BR,1BA$1.67
Cedar Lakes ApartmentsA31BR,1BA$1.51
The Prairie Luxury ApartmentsOne Bedroom1BR,1BA$1.82

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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 $1,125 at Wall Street Senior Living.

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 $1,287 at O'Fallon 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 Aventura at Wentzville and starts from $1,800.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.