Cheap Homes for Rent in Licking, MO from $500 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Licking.

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 30 E. Lewis St.

$740

Total Monthly Price

Total Monthly Price

Base Rent
$740

Total Monthly Price
$740

2 Bedroom, 1 Bath Townhome for Rent

Available Now

30 E. Lewis St., Unit A

30 E. Lewis St.
St. ClairMO63077

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.

Licking, MO Local Guide

Cheapest Available Licking Apartments for Rent and Nearby

 

The cheapest available apartment rental in Licking, MO is a 1 Bed unit found at Breckenridge Apartments priced from $475. The Heights Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $475. Here is today’s list of the most affordable Licking apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Breckenridge ApartmentsBreckenridge - 1 Bed 1 Bath no W/D Hookup1BR,1BA$475
The Heights ApartmentsSmall StudioStudio,1BA$475
Wyota Commons WestStudiosStudio,1BA$550
The Lodges at RollaRent By The Room Spring/Fall 20261BR,1BA$650
990 S Lay Ave990 South Lay1BR,1BA$710

Best Value Apartments for Rent in Licking, MO and Nearby

As of June 12, 2026 the best value apartment in the Licking area is the $0.80 price per square foot 1503 Model at 2700 Burke Ave in the starting from $1,200. The second greatest value Licking apartment is the Rent By The Room Spring/Fall 2026 Model at The Lodges at Rolla starting at $650 with a $0.46 price per square foot . Here is today’s list of the best values for Licking apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2700 Burke Ave15032BR,1.5BA$0.80
The Lodges at RollaRent By The Room Spring/Fall 20261BR,1BA$0.46
Liberty Park ApartmentsThree Bedroom Two Bath3BR,2BA$1.10
Autumn Leaf Apartment Homes1 bedroom downstairs1BR,1BA$1.24
Preserve at Sycamore CreekBagnell1BR,1BA$1.70
Breckenridge ApartmentsBreckenridge - 2 Bed 1 Bath2BR,1BA$0.93
990 S Lay Ave990 South Lay1BR,1BA$1.42
Rolla Senior ApartmentsOne-Bedroom1BR,1BA$2.05
The Heights ApartmentsSmall StudioStudio ,1BA$1.06
Wyota Commons WestStudiosStudio ,1BA$1.22

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

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.

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 Licking, MO Rentals by Map

View Map
Licking, MO Apartments Map
View Map
Licking, MO Rental Homes Map

Frequently Asked Questions about Licking

What type of rentals are currently available in Licking?

There are currently 40 Apartments for Rent in Licking, MO with pricing that ranges from $475 to $2,260. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Licking ranging from $500 to $2,495.

What is the current price range for Rental Homes in Licking?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Licking ranges from $500 to $2,495 with an average monthly rent of $1,306.

How much are larger Three and Four Bedroom Rentals in Licking?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Licking range from $1,055 to $2,260, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $1,800. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $1,345.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.