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.

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 April 26, 2026 the best value apartment in the Licking area is the $0.67 price per square foot 1503 Model at 2700 Burke Ave in the starting from $1,000. The second greatest value Licking apartment is the 3 Bedroom 3 Bath Spring/Fall 2026 Pre-Lease Model at The Lodges at Rolla starting at $1,800 with a $1.29 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$0.67
The Lodges at Rolla3 Bedroom 3 Bath Spring/Fall 2026 Pre-Lease3BR,3BA$1.29
Autumn Leaf Apartment Homes1 bedroom downstairs1BR,1BA$1.24
Preserve at Sycamore CreekBagnell - Furnished1BR,1BA$1.68
1050 Plaza Ct N, Unit 231050 Plaza Ct N2BR,1BA$0.93
125 Crescent Lake Rd125 Crescent Lake Rd1BR,1BA$1.04
Breckenridge ApartmentsBreckenridge - 2 Bed 1 Bath2BR,1BA$0.93
990 S Lay Ave990 South Lay1BR,1BA$1.42
Wyota Commons WestStudiosStudio ,1BA$1.22
The Heights ApartmentsSmall StudioStudio ,1BA$1.06

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 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 42 Apartments for Rent in Licking, MO with pricing that ranges from $475 to $2,260. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Licking ranging from $500 to $3,000.

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 $3,000 with an average monthly rent of $1,315.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.