Cheap Homes for Rent in Lake Saint Louis Neighborhood of Lake Saint Louis, MO from $1,500 (11 Rentals)

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Search the lowest-cost Homes 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.

property at 300 Newbridge Way

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

2 Bedroom, 3.5 Bath Townhome for Rent

Available May 30

300 Newbridge Way

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.

property at 704 Briarwood Ter

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

3 Bedroom, 2.5 Bath Home for Rent

Available Now

704 Briarwood Ter

Lake St. LouisMO63367

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 1 Bed unit found at Cedar Lakes Apartments priced from $1,025. O'Fallon Lakes Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,082. Here are the most affordable Lake Saint Louis apartments for rent in Lake St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Cedar Lakes ApartmentsA31BR,1BA$1,025
O'Fallon Lakes ApartmentsThe Adler1BR,1BA$1,082
The Waterways of Lake Saint Louis ApartmentsBrookside1BR,1BA$1,350
The Prairie Luxury ApartmentsOne Bedroom1BR,1BA$1,365
The SolsticeOne Bedroom1BR,1BA$1,376

Best Value Apartments for Rent in Lake Saint Louis, MO

As of April 17, 2026 the best value apartment in the Lake Saint Louis area is the $1.66 price per square foot 4 Bedroom Home Model at The Waterways of Lake Saint Louis Apartments in the in the Whispering Woods neighborhood starting from $3,000. The second greatest value Lake Saint Louis apartment is the Rental Homes Model at The Waterways of Lake Saint Louis Homes 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 Saint Louis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Waterways of Lake Saint Louis Apartments4 Bedroom Home4BR,2.5BA$1.66
The Waterways of Lake Saint Louis HomesRental Homes4BR,2.5BA$1.66
The WillowsAspen3BR,3BA$1.63
Creekside LandingAspen II3BR,3BA$1.55
Aventura at WentzvilleB12BR,2BA$1.41
Aventura at Hawk RidgeB12BR,2BA$1.45
Hearthstone at Autumn Hollow2B/2B - 1st Floor Lake View End Cap2BR,2BA$1.76
Citrine ApartmentsSunray2BR,2BA$1.77
O'Fallon Lakes ApartmentsThe Adler1BR,1BA$1.35
Cedar Lakes ApartmentsA11BR,1BA$1.74

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.

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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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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.

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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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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.

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Frequently Asked Questions about Lake Saint Louis

What type of rentals are currently available in Lake Saint Louis?

There are currently 27 Apartments for Rent in Lake Saint Louis, MO with pricing that ranges from $1,025 to $3,400. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Saint Louis ranging from $1,500 to $3,900.

What is the current price range for Rental Homes in Lake Saint Louis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Saint Louis ranges from $1,500 to $3,900 with an average monthly rent of $2,628.

How much are larger Three and Four Bedroom Rentals in Lake Saint Louis?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Saint Louis range from $1,780 to $2,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,320 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,510 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.

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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.

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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.

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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.