Cheap Homes for Rent in Lake St. Louis, MO from $1,200 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes 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.

property at 2235 Bolton St

$1,750

3 Bedroom, 1 Bath Home for Rent

Available Now

2235 Bolton St

St. CharlesMO63301

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.

Lake St. Louis, MO Local Guide

Cheapest Neighborhoods for Apartments in Lake St. Louis, MO

Pricing Updated: 04/10/2026

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
Crimson Oaks$2,810$2,3001
Lake Saint Louis$3,360$1,5009
Preston Woods$3,360$1,49511

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 Cedar Lakes Apartments in the Carlton Glen Estates neighborhood priced from $1,025. 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 ApartmentsA31BR,1BA$1,025
O'Fallon Lakes ApartmentsThe Adler1BR,1BA$1,082
Savannah Ridge Apartments2 Bedroom Garden2BR,2BA$1,262
The Jewel O'FallonRuby1BR,1BA$1,289
Westchester VillageBronx2BR,1BA$1,299

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

As of April 10, 2026 the best value apartment in the Lake St. Louis area is the $1.46 price per square foot Villas - Finished Lower Level Model at Villas on The Prairie in the in the Tysons Corner neighborhood starting from $2,900. The second greatest value Lake St. Louis apartment is the 4 Bedroom Home Model at The Waterways of Lake Saint Louis Apartments starting at $3,000 with a $1.66 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.
Villas on The PrairieVillas - Finished Lower Level4BR,3.5BA$1.46
The Waterways of Lake Saint Louis Apartments4 Bedroom Home4BR,2.5BA$1.66
The WillowsAspen3BR,3BA$1.63
Creekside LandingAspen II3BR,3BA$1.55
The Sullivan2B/2B - large 3rd Floor2BR,2BA$1.58
Aventura at Hawk RidgeB12BR,2BA$1.44
Aventura at WentzvilleB12BR,2BA$1.40
Savannah Ridge Apartments2 Bedroom Garden2BR,2BA$1.49
Westchester VillageCourtland Townhome2BR,1.5BA$1.47
O'Fallon Lakes ApartmentsThe Adler1BR,1BA$1.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake St. Louis, MO Rentals by Map

View Map
Lake St. Louis, MO Apartments Map
View Map
Lake St. Louis, MO Rental Homes Map

Frequently Asked Questions about Lake St. Louis

What type of rentals are currently available in Lake St. Louis?

There are currently 42 Apartments for Rent in Lake St. Louis, MO with pricing that ranges from $1,025 to $3,400. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake St. Louis ranging from $1,200 to $5,500.

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 $1,200 to $5,500 with an average monthly rent of $2,475.

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 $5,500. Four Bedroom Single-Family rentals are also available starting from $2,225 and Four Bedroom Apartments start at $2,900.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.