Cheap Apartments for Rent in Louisburg, MO from $500 (49 Rentals)

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

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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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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Wyota Commons
Studio Apartments

Wyota Commons

1221 Millcreek RdLebanon, MO 65536
  • Utilities Included
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Embassy Apartments
Studio to 3 Bedroom Apartments

Embassy Apartments

927-937 E Elm StSpringfield, MO 65806
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The Willows
Studio to 3 Bedroom Apartments

The Willows

413 Doxey StStrafford, MO 65757
  • Utilities Included

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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Cherry Plaza
2 Bedroom Apartments

Cherry Plaza

1210 E Cherry StSpringfield, MO 65802

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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Showing Results 1-49, Page 1 of 1

Louisburg, MO Local Guide

Cheapest Available Louisburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Louisburg, MO is a Studio unit found at Wyota Commons West priced from $550. North Terrace Apartments in the Northeast neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable Louisburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wyota Commons WestStudiosStudio,1BA$550
North Terrace Apartments2 x 1 Small2BR,1BA$575
Aspen Springfield4 Bedroom - Boulder A4BR,4BA$599
Oak Place1 bedroom1BR,1BA$600
The U at Park East3BR/3BA - The Andres3BR,3BA$625
Cresco2BR/2BA - Glass2BR,2BA$655
Greenway StudiosStudioStudio,1BA$735
The Greens at SpringfieldClassic1BR,1BA$755
The SterlingStudio - The MillerStudio,1BA$755
Spirit of St. LouisStudio1BR,1BA$760

Best Value Apartments for Rent in Louisburg, MO and Nearby

As of May 08, 2026 the best value apartment in the Louisburg area is the $1.17 price per square foot C 4 bed 4 bath, Aug 1 Model at Walnut Home - Behind Greek Row! in the in the Central neighborhood starting from $2,100. The second greatest value Louisburg apartment is the 3x2 Model at Summit Park starting at $1,595 with a $0.97 price per square foot . Here is today’s list of the best values for Louisburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walnut Home - Behind Greek Row!C 4 bed 4 bath, Aug 14BR,4BA$1.17
Summit Park3x23BR,2BA$0.97
Bear Place3 bed 3 bath, August 13BR,3BA$1.07
Parkwood Apartments3 Beds, 2 Baths3BR,2BA$1.00
English Village II2 Bedroom, 2 Bathroom2BR,2BA$1.00
English Village2 Bedroom, 1 Bathroom2BR,1BA$0.96
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.07
400 Place1 Bedroom1BR,1BA$1.27
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.

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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

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 Louisburg, MO Rentals by Map

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Frequently Asked Questions about Cheap Louisburg Apartments

What is the Cheapest Studio apartment in Louisburg?

Currently the most affordable Cheap Studio Apartment in Louisburg is at Wyota Commons West listed at $550.

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

The lowest price for a Cheap One Bedroom Louisburg Apartment is $600 at Oak Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Louisburg is starting from $575 at North Terrace Apartments.

What is the most affordable Louisburg Three Bedroom Apartment?

The best deal on a cheap Louisburg Three Bedroom Apartment rental is at The U at Park East and starts from $625.

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.

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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.