Cheap Apartments for Rent in Lilbourn, MO from $500 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lilbourn.

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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Caraway Commons
Rent Specials
$850 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,150
Total Monthly Price
$850 - $1,150
1 to 3 Bedroom Apartments Available Now

Caraway Commons

3308 Caraway Commons DrJonesboro, AR 72404
Outdoors
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Lauren's Place
2 to 3 Bedroom Apartments

Lauren's Place

802 Crown StMarble Hill, MO 63764
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Villas at Jonesboro
1 to 2 Bedroom Apartments

Villas at Jonesboro

983 N Patrick StJonesboro, AR 72401
Senior Living
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Sundance Townhomes
2 Bedroom Apartments

Sundance Townhomes

1912 Word CvJonesboro, AR 72401
Student Housing
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-43, Page 1 of 1

Lilbourn, MO Local Guide

Cheapest Available Lilbourn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lilbourn, MO is a Studio unit found at Cedar Manor Apartments in the Downtown Jonesboro neighborhood priced from $575. Capri has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Lilbourn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Manor ApartmentsStudioStudio,1BA$575
CapriCopper1BR,1BA$595
Royal RidgeRoyal Ridge-0-1-408Studio,1BA$650
SilverwoodStandard1BR,1BA$660
601 Kinzer St301 Kinzer St2BR,1BA$695
Chapel Ridge of RipleyOne Bedroom One Bathroom1BR,1BA$697
Courtyard @ The Corner2 Bedroom, 1 Bathroom2BR,1BA$725
Mora Mi Apartments2 Bedroom2BR,1BA$750
Jackson House1 Bedroom - Jackson House1BR,1BA$781
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$790

Best Value Apartments for Rent in Lilbourn, MO and Nearby

As of June 20, 2026 the best value apartment in the Lilbourn area is the $1.06 price per square foot 2 Bedroom | 2 Bath Model at The Lory of Greenway Village in the starting from $1,325. The second greatest value Lilbourn apartment is the 3BR/1.5BA Model at Brooke Village starting at $1,000 with a $0.83 price per square foot . Here is today’s list of the best values for Lilbourn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lory of Greenway Village2 Bedroom | 2 Bath2BR,2BA$1.06
Brooke Village3BR/1.5BA3BR,1.5BA$0.83
Caraway Commons3BR -R3BR,2BA$0.98
Chapel Ridge Martin3 Bedroom 2 Bath3BR,2BA$0.82
Cape Trails2Bd. 2Bt. (975sqft)2BR,2BA$0.72
Mora Mi Apartments2 Bedroom2BR,1BA$0.77
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$0.83
The District at CapeGirardot2BR,2BA$1.01
601 Kinzer St301 Kinzer St2BR,1BA$0.76
Chapel Ridge of RipleyTwo Bedroom Two Bathroom2BR,1BA$1.11

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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Quick Rent Budget Calculator

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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!

Explore Lilbourn, MO Rentals by Map

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Frequently Asked Questions about Cheap Lilbourn Apartments

What is the Cheapest Studio apartment in Lilbourn?

Currently the most affordable Cheap Studio Apartment in Lilbourn is at Cedar Manor Apartments listed at $575.

How much is rent for a Cheap One Bedroom Lilbourn Apartment?

The lowest price for a Cheap One Bedroom Lilbourn Apartment is $595 at Capri.

What is the lowest price for a Cheap Two Bedroom Lilbourn Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lilbourn is starting from $695 at 601 Kinzer St.

What is the most affordable Lilbourn Three Bedroom Apartment?

The best deal on a cheap Lilbourn Three Bedroom Apartment rental is at Chapel Ridge Martin and starts from $886.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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.

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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.

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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.