Cheap Apartments for Rent in Mercer, MO from $400 (67 Rentals)

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

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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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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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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6920 SW 9th St
2 Bedroom Apartments

6920 SW 9th St

6920 SW 9th StDes Moines, IA 50315
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The Bridges
1 to 2 Bedroom Apartments

The Bridges

1111 N 8th AveWinterset, IA 50273
  • Utilities Included
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501 S Osteopathy Ave
1 Bedroom Apartments

501 S Osteopathy Ave

501 S Osteopathy AveKirksville, MO 63501
Student 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 1-50, Page 1 of 2

Mercer, MO Local Guide

Cheapest Available Mercer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mercer, MO is a Studio unit found at Jefferson Building priced from $415. Karlton Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $415. Here is today’s list of the most affordable Mercer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jefferson BuildingStudioStudio,1BA$415
Karlton ApartmentsStudioStudio,1BA$415
Biston Apartments1 Bedroom1BR,1BA$445
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$650
Next Level Apartments - Easton VillageA11BR,1BA$695
Tisdale Apartments2 Bedroom2BR,1BA$720
Sunset ApartmentsStudio, 1 baStudio,1BA$725
The Ridges1 Bedroom1BR,1BA$740
The Hampton Meadows1 Bedroom1BR,1BA$750
Carlisle Park Apartments1BR Ground1BR,1BA$750

Best Value Apartments for Rent in Mercer, MO and Nearby

As of April 28, 2026 the best value apartment in the Mercer area is the $0.80 price per square foot Cottage - 3 Model at Northern Plains by Kading in the starting from $985. The second greatest value Mercer apartment is the 3 Bedroom Model at The Meadows starting at $995 with a $0.95 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Mercer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Northern Plains by KadingCottage - 33BR,2BA$0.80
The Meadows3 Bedroom3BR,2BA$0.95
Country Club Estates3 Bedroom 2 Bathroom3BR,2BA$0.93
Fort Des Moines2-Bedroom2BR,2BA$0.97
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.96
Foxwood ApartmentsB12BR,1BA$0.97
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Biston Apartments1 Bedroom1BR,1BA$0.77
Jefferson BuildingStudioStudio ,1BA$0.79
Karlton ApartmentsStudioStudio ,1BA$0.83

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 Mercer, MO Rentals by Map

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See the most popular apartments and homes in Mercer, MO

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Frequently Asked Questions about Cheap Mercer Apartments

What is the Cheapest Studio apartment in Mercer?

Currently the most affordable Cheap Studio Apartment in Mercer is at Jefferson Building listed at $415.

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

The lowest price for a Cheap One Bedroom Mercer Apartment is $445 at Biston Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mercer is starting from $720 at Tisdale Apartments.

What is the most affordable Mercer Three Bedroom Apartment?

The best deal on a cheap Mercer Three Bedroom Apartment rental is at Country Club Estates and starts from $950.

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.

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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.

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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.