Cheap Apartments for Rent near Morrisville, MO from $505 (43 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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Oak Place
1 Bedroom Apartments

Oak Place

1141-1157 E Norton RdSpringfield, MO 65803
  • Utilities Included
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Embassy Apartments
Studio to 2 Bedroom Apartments

Embassy Apartments

927-937 E Elm StSpringfield, MO 65806
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Springfield Commons
Studio to 1 Bedroom Apartments

Springfield Commons

728 S Jefferson AveSpringfield, MO 65806
  • Utilities Included

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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Boyd Lofts
1 to 2 Bedroom Apartments

Boyd Lofts

1409 N Washington AveSpringfield, MO 65802

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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Scenic Meadows
1 to 2 Bedroom Apartments

Scenic Meadows

1110 S Scenic AveSpringfield, MO 65802
Senior Living
  • Utilities Included
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735 South Ave
2 Bedroom Apartments

735 South Ave

735 South AveSpringfield, MO 65806
Student Housing

Morrisville, MO Local Guide

Cheapest Available Morrisville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Morrisville, MO is a 2 Beds unit found at North Terrace Apartments in the Northeast neighborhood priced from $575. The U at Park East in the Central neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $630. Here is today’s list of the most affordable Morrisville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Terrace Apartments2 x 1 Small2BR,1BA$575
The U at Park East4BR/4BA - The Drake4BR,4BA$630
Oakwood Townhomes1 Bedroom, 1 Bathroom Apartment1BR,1BA$700
Northgate ApartmentsStudio-Top FloorStudio,1BA$705
The Greens at SpringfieldClassic1BR,1BA$755
SankofaStudioStudio,1BA$795
Spirit Of St Louis Apartments0BR/1.0BAStudio,1BA$820
Southwinds ApartmentsSouthwinds 2 Bedroom, 2 Bathroom2BR,2BA$825
The SterlingStudio - The SansoneStudio,1BA$835
CrescoStudio - HubbleStudio,1BA$860

Best Value Apartments for Rent in Morrisville, MO and Nearby

As of August 26, 2026 the best value apartment in the Morrisville area is the $0.61 price per square foot C2 | Three Bedroom Model at Vue on Walnut | Student Housing in the in the Central neighborhood starting from $839. The second greatest value Morrisville apartment is the 3 Beds, 2 Baths Model at Parkwood Apartments starting at $1,300 with a $1.08 price per square foot in the Northeast neighborhood. Here is today’s list of the best values for Morrisville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vue on Walnut | Student HousingC2 | Three Bedroom3BR,3BA$0.61
Parkwood Apartments3 Beds, 2 Baths3BR,2BA$1.08
Forest Park Townhomes2 Bed, 1 Bath2BR,1BA$1.04
The 505 (MO)2 BEDROOM, 2 BATH2BR,2BA$0.71
Southwinds ApartmentsSouthwinds 2 Bedroom, 2 Bathroom2BR,2BA$0.86
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Sky Eleven2BR/2BA - Gillioz2BR,2BA$0.90
The U at Park East2BR/2BA - The Sixty-One2BR,2BA$0.92
Oakwood Townhomes1 Bedroom, 1 Bathroom Apartment1BR,1BA$1.08
Bear Paw Commons2x12BR,1BA$1.07

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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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!

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Frequently Asked Questions about Cheap Morrisville Apartments

What is the Cheapest Studio apartment in Morrisville?

Currently the most affordable Cheap Studio Apartment in Morrisville is at Northgate Apartments listed at $705.

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

The lowest price for a Cheap One Bedroom Morrisville Apartment is $700 at Oakwood Townhomes.

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

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

What is the most affordable Morrisville Three Bedroom Apartment?

The best deal on a cheap Morrisville Three Bedroom Apartment rental is at The U at Park East and starts from $645.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.