Cheap Apartments for Rent in Lake St. Louis, MO from $700 (34 Rentals)

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

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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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

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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property at 4103 Spring River Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 2 Bath Condo for Rent

Available Now

4103 Spring River Dr

O'FallonMO63368

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.

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Showing Results 1-34, Page 1 of 1

Lake St. Louis, MO Local Guide

Cheapest Neighborhoods for Apartments in Lake St. Louis, MO

Pricing Updated: 06/12/2026

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
Lake Saint Louis$2,947$1,5859
Preston Woods$2,947$1,42510

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 O'Fallon Lakes Apartments in the Whispering Woods neighborhood priced from $1,082. Cedar Lakes Apartments in the Carlton Glen Estates neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,155. Here is today’s list of the most affordable Lake St. Louis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
O'Fallon Lakes ApartmentsThe Adler1BR,1BA$1,082
Cedar Lakes ApartmentsC22BR,2BA$1,155
Citrine ApartmentsCanary1BR,1BA$1,312
The Prairie EncoreStudio/1BStudio,1BA$1,325
Hearthstone at Autumn Hollow1B/1B - 3rd Floor Lake View1BR,1BA$1,350
Thornwood ApartmentsWildrose1BR,1BA$1,350
The Waterways of Lake Saint Louis ApartmentsBrookside1BR,1BA$1,350
Westchester VillageCourtland Townhome2BR,1BA$1,365
The Sullivan1B/1B - 3rd Floor1BR,1BA$1,430
Savannah Ridge Apartments2 Bedroom Garden2BR,2BA$1,485

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

As of June 12, 2026 the best value apartment in the Lake St. Louis area is the $1.55 price per square foot Aspen II with 2nd Floor Bay Model at Creekside Landing in the in the Tysons Corner neighborhood starting from $2,600. The second greatest value Lake St. Louis apartment is the Aspen Model at The Willows starting at $2,725 with a $1.63 price per square foot in the Crimson Oaks 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.
Creekside LandingAspen II with 2nd Floor Bay3BR,3BA$1.55
The WillowsAspen3BR,3BA$1.63
Aventura at Hawk RidgeC13BR,2BA$1.41
The Jewel O'FallonEmerald2BR,2BA$1.50
Savannah Ridge Apartments2 Bedroom Garden2BR,2BA$1.57
Cedar Lakes ApartmentsC22BR,2BA$1.22
Westchester VillageCourtland Townhome2BR,1.5BA$1.46
The Waterways of Lake Saint Louis ApartmentsBrookside1BR,1BA$1.51
Thornwood ApartmentsWildrose1BR,1BA$1.51
O'Fallon Lakes ApartmentsThe Adler1BR,1BA$1.35

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 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 $1,082 at O'Fallon 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 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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.