Cheap Apartments for Rent in Mercer, MO from $400 (64 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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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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1833 Curtis Ave
1 to 2 Bedroom Apartments

1833 Curtis Ave

1833 Curtis AveChariton, IA 50049
Corporate Housing
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Tisdale Apartments
2 Bedroom Apartments

Tisdale Apartments

232 E 4th StOttumwa, IA 52501
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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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501 S Osteopathy Ave
1 Bedroom Apartments

501 S Osteopathy Ave

501 S Osteopathy AveKirksville, MO 63501
Student Housing
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The Bridges
1 to 2 Bedroom Apartments

The Bridges

1111 N 8th AveWinterset, IA 50273
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The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320

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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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 Karlton Apartments priced from $415. Valley Acres Apartments in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Mercer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Karlton ApartmentsStudioStudio,1BA$415
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$650
Foxwood ApartmentsA11BR,1BA$721
Sunset ApartmentsStudio, 1 baStudio,1BA$725
The Ridges1 Bedroom1BR,1BA$740
The Hampton Meadows1 Bedroom1BR,1BA$750
Orchard MeadowsB1 Classic2BR,1BA$750
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755
Northern Plains by KadingCottage - 22BR,1BA$795
Country Club Estates2 Bedroom 1 Bathroom2BR,1BA$825

Best Value Apartments for Rent in Mercer, MO and Nearby

As of June 12, 2026 the best value apartment in the Mercer area is the $1.00 price per square foot 3 bed 2 bath Model at Sunset Terrace in the in the Easton Park neighborhood starting from $1,220. 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.
Sunset Terrace3 bed 2 bath3BR,2BA$1.00
The Meadows3 Bedroom3BR,2BA$0.95
Fort Des Moines2-Bedroom2BR,2BA$0.97
Cherry Creek EstatesGlenwood-Villa3BR,1BA$0.99
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Orchard LaneB1 Partially Renovated2BR,1BA$0.90
Northern PlainesCottage - 22BR,1BA$0.94
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.00
Karlton ApartmentsStudioStudio ,1BA$0.83

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 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 Karlton Apartments 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 $650 at Valley Acres 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 $750 at Orchard Lane.

What is the most affordable Mercer Three Bedroom Apartment?

The best deal on a cheap Mercer Three Bedroom Apartment rental is at Northern Plaines and starts from $925.

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 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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.