Cheap Homes for Rent in Lake St. Louis, MO from $1,300 (6 Rentals)

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

property at 94 Timber Creek Dr

$1,399

Total Monthly Price

Total Monthly Price

Base Rent
$1,399

Total Monthly Price
$1,399

2 Bedroom, 2 Bath Condo for Rent

Available Aug 1

94 Timber Creek Dr, Unit 94 Timber creek

94 Timber Creek Dr
O'FallonMO63368

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 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

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: 07/09/2026

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$3,100$1,04571
Preston Woods$3,100$1,045158
Crimson Oaks$3,175$1,04563

Cheapest Available Lake St. Louis Apartments for Rent

 

The cheapest available apartment rental in Lake St. Louis, MO is a 2 Beds unit found at Cedar Lakes Apartments in the Lake St. Louis neighborhood priced from $1,125. O'Fallon Lakes Apartments in the Whispering Woods neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,287. Here is today’s list of the most affordable Lake St. Louis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Lakes ApartmentsC22BR,2BA$1,125
O'Fallon Lakes ApartmentsThe Bryant2BR,2BA$1,287
Prairie EncoreStudio/1BStudio,1BA$1,325

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

As of July 09, 2026 the best value apartment in the Lake St. Louis area is the $1.66 price per square foot Rental Homes Model at The Waterways of Lake Saint Louis Homes in the in the Lake St. Louis neighborhood starting from $3,000. The second greatest value Lake St. Louis apartment is the Aspen II with 2nd Floor Bay Model at Creekside Landing starting at $2,600 with a $1.55 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.
The Waterways of Lake Saint Louis HomesRental Homes4BR,2.5BA$1.66
Creekside LandingAspen II with 2nd Floor Bay3BR,3BA$1.55
The WillowsAspen3BR,3BA$1.63
O'Fallon Lakes ApartmentsThe Carlyle3BR,2BA$1.27
Aventura at Hawk RidgeB12BR,2BA$1.45
Savannah Ridge Apartments2 Bedroom Garden2BR,2BA$1.45
Cedar Lakes ApartmentsB12BR,1BA$1.31
Westchester VillageCourtland Townhome2BR,1.5BA$1.46
The Waterways of Lake Saint Louis ApartmentsBrookside1BR,1BA$1.51
Thornwood ApartmentsWildrose1BR,1BA$1.51

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 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 $1,045 to $3,400. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake St. Louis ranging from $1,399 to $3,500.

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 $1,399 to $3,500 with an average monthly rent of $2,416.

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 $1,400 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,250 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.