Cheap Apartments for Rent in the Lake Saint Louis Neighborhood of Lake Saint Louis, MO from $800 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Saint Louis area of Lake Saint 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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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

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 Pointe
3 to 4 Bedroom Apartments

Pin Oak Pointe

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
Showing Results 1-23, Page 1 of 1

Lake Saint Louis, Lake St. Louis, MO Local Guide

Cheapest Available Lake Saint Louis Apartments for Rent

 

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

Apartment ListingModel NameBed/BathPriced From
Cedar Lakes ApartmentsC22BR,2BA$1,125
O'Fallon Lakes ApartmentsThe Bryant2BR,2BA$1,287
The Waterways of Lake Saint Louis ApartmentsBrookside1BR,1BA$1,350
The Prairie Luxury ApartmentsThe Mallard 1B/1B 1st Floor f1BR,1BA$1,365
The SolsticeOne Bedroom1BR,1BA$1,452

Best Value Apartments for Rent in Lake Saint Louis, MO

As of July 09, 2026 the best value apartment in the Lake Saint 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 Saint 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 Saint 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
Hearthstone at Autumn Hollow2B/2B - 1st Floor Pool View2BR,2BA$1.73
Citrine ApartmentsSunray2BR,2BA$1.68
Cedar Lakes ApartmentsB12BR,1BA$1.31
The Waterways of Lake Saint Louis ApartmentsBrookside1BR,1BA$1.51
The Prairie Luxury ApartmentsThe Mallard 1B/1B 1st Floor f1BR,1BA$1.82

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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Best Local Schools in
Lake Saint Louis, Lake Saint Louis, MO

School data provided by Great Schools

Frequently Asked Questions about Cheap Lake Saint Louis Apartments

How much is rent for a Cheap One Bedroom Lake Saint Louis Apartment?

The lowest price for a Cheap One Bedroom Lake Saint Louis Apartment is $1,350 at The Waterways of Lake Saint Louis Apartments.

What is the lowest price for a Cheap Two Bedroom Lake Saint Louis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Saint Louis is starting from $1,125 at Cedar Lakes Apartments.

What is the most affordable Lake Saint Louis Three Bedroom Apartment?

The best deal on a cheap Lake Saint 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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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.