
Cheap Homes for Rent in Lake St. Louis, MO from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lake St. Louis.


747 Cunningham Ave
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.

1517 Waverly St

109 SW Ave
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.

11 Delray Ct
Lake St. Louis, MO Local Guide

How much does it cost to rent a home in Lake St. Louis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake St. Louis 2 Bedroom Homes for Rent | $1,543 | $1,295 | $1,795 |
| Lake St. Louis 3 Bedroom Homes for Rent | $2,112 | $1,200 | $2,825 |
| Lake St. Louis 4 Bedroom Homes for Rent | $2,833 | $2,595 | $3,325 |
| Lake St. Louis 5 Bedroom Homes for Rent | $2,850 | $2,850 | $2,850 |
Browse Top Homes for Rent in Lake St. Louis
Explore Lake St. Louis
Lake St. Louis, MO Local Guide
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Cheapest Neighborhoods for Apartments in Lake St. Louis, MO
Pricing Updated: 05/25/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Lake Saint Louis | $3,100 | $1,010 | 70 |
| Preston Woods | $3,100 | $1,010 | 184 |
| Crimson Oaks | $3,175 | $1,010 | 59 |
Cheapest Available Lake St. Louis Apartments for Rent and Nearby
 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| O'Fallon Lakes Apartments | The Adler | 1BR,1BA | $1,082 |
| Cedar Lakes Apartments | C2 | 2BR,2BA | $1,155 |
| The Jewel O'Fallon | Ruby | 1BR,1BA | $1,289 |
Best Value Apartments for Rent in Lake St. Louis, MO and Nearby
As of May 25, 2026 the best value apartment in the Lake St. Louis area is the $1.59 price per square foot 2B/2B - large 3rd Floor Model at The Sullivan in the in the Tysons Corner neighborhood starting from $1,785. The second greatest value Lake St. Louis apartment is the Two Bedroom Model at The Prairie Luxury Apartments starting at $1,770 with a $1.60 price per square foot in the Tysons Corner neighborhood. Here is today’s list of the best values for Lake St. Louis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Sullivan | 2B/2B - large 3rd Floor | 2BR,2BA | $1.59 |
| The Prairie Luxury Apartments | Two Bedroom | 2BR,2BA | $1.60 |
| Vinings of O'Fallon | The Meritage II | 2BR,2BA | $1.31 |
| Aventura at Hawk Ridge | B1 | 2BR,2BA | $1.47 |
| Aventura at Wentzville | AD | 2BR,1BA | $1.41 |
| Savannah Ridge Apartments | 2 Bedroom Garden | 2BR,2BA | $1.53 |
| Cedar Lakes Apartments | C2 | 2BR,2BA | $1.22 |
| Westchester Village | Courtland Townhome | 2BR,1.5BA | $1.46 |
| Thornwood Apartments | Wildrose | 1BR,1BA | $1.51 |
| O'Fallon Lakes Apartments | The Adler | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake St. Louis, MO Rentals by Map
See the most popular apartments and homes in Lake St. Louis, MO
Frequently Asked Questions about Lake St. Louis
What type of rentals are currently available in Lake St. Louis?
There are currently 40 Apartments for Rent in Lake St. Louis, MO with pricing that ranges from $1,010 to $3,400. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake St. Louis ranging from $750 to $3,325.
What is the current price range for Rental Homes in Lake St. Louis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake St. Louis ranges from $750 to $3,325 with an average monthly rent of $2,034.
How much are larger Three and Four Bedroom Rentals in Lake St. Louis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake St. Louis range from $1,660 to $2,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,825. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $3,000.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.