Cheap Apartments for Rent in Lilbourn, MO from $500 (48 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
  • 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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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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Lone Oak Villas
2 Bedroom Apartments

Lone Oak Villas

710 Lone Oak RdPaducah, KY 42003
  • Utilities Included
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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Riverstone Apartments
1 to 3 Bedroom Apartments

Riverstone Apartments

430 Adams StPaducah, KY 42003
Corporate Housing
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-48, 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 1 Bed unit found at Capri priced from $595. Royal Ridge has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Lilbourn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CapriCopper1BR,1BA$595
Royal RidgeRoyal Ridge-0-1-408Studio,1BA$600
601 Kinzer St301 Kinzer St2BR,1BA$695
The Meadows Apartments1x11BR,1BA$730
Courtyard @ The Corner1 Bedroom, 1 Bathroom1BR,1BA$750
The District at CapeGirardot2BR,2BA$761
Jackson House1 Bedroom - Jackson House1BR,1BA$781
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$790
Grove Apartments1 Bedroom1BR,1BA$825
Carriage House ApartmentsTop Floor "Vaulted" 1 Bed 1 Bath1BR,1BA$840

Best Value Apartments for Rent in Lilbourn, MO and Nearby

As of May 05, 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 Heritage Trace Model at Heritage Trace of Brookland starting at $1,270 with a $1.02 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
Heritage Trace of BrooklandHeritage Trace3BR,2BA$1.02
Brooke Village2BR/1.5BA2BR,1.5BA$0.71
Caraway Commons3BR -R3BR,2BA$0.98
Milan Luxury Apartments3BR/2.0BA3BR,2BA$1.05
SilverwoodCustom2BR,2BA$0.89
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$0.83
The District at CapeGirardot2BR,2BA$0.81
601 Kinzer St301 Kinzer St2BR,1BA$0.76
Cedar Manor Apartments2 bedroom x 1 bath2BR,1BA$1.04

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lilbourn, MO Rentals by Map

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See the most popular apartments and homes in Lilbourn, MO

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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 Royal Ridge listed at $600.

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 Courtyard @ The Corner and starts from $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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.