
Cheap Homes for Rent in Mountain Grove, MO from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Mountain Grove.


1263 St Louis St

234 S Thayer Ave

414 Pierce St

232 Hynes St

25575 17-770E

115 Holly Dr
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.

25545 Nugget Dr

210 N Pine St

413 E Doxey St

681 W 4th St

1215 Pine St

2146 E Bennett St

506 Curry St
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.
Mountain Grove, MO Local Guide

How much does it cost to rent a home in Mountain Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mountain Grove 2 Bedroom Homes for Rent | $759 | $500 | $1,150 |
| Mountain Grove 3 Bedroom Homes for Rent | $1,521 | $850 | $3,200 |
| Mountain Grove 4 Bedroom Homes for Rent | $1,961 | $1,575 | $2,530 |
Browse Top Homes for Rent in Mountain Grove
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Mountain Grove, MO Local Guide
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Cheapest Available Mountain Grove Apartments for Rent and Nearby
 The cheapest available apartment rental in Mountain Grove, MO is a 1 Bed unit found at Breckenridge Apartments priced from $475. The Heights Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $475. Here is today’s list of the most affordable Mountain Grove apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Breckenridge Apartments | Breckenridge - 1 Bed 1 Bath no W/D Hookup | 1BR,1BA | $475 |
| The Heights Apartments | Small Studio | Studio,1BA | $475 |
| Wyota Commons West | Studios | Studio,1BA | $550 |
| Eastview Apartments | Studio | Studio,1BA | $650 |
| Quail Ridge East Apartments | Quail Ridge 1 Bedroom, 1 Bathroom | 1BR,1BA | $775 |
Best Value Apartments for Rent in Mountain Grove, MO and Nearby
As of May 07, 2026 the best value apartment in the Mountain Grove area is the $0.80 price per square foot 1503 Model at 2700 Burke Ave in the starting from $1,200. The second greatest value Mountain Grove apartment is the 2 Bedroom Townhome with Basement Model at Townhomes at Quail Ridge starting at $915 with a $0.88 price per square foot in the Southeast Springfield neighborhood. Here is today’s list of the best values for Mountain Grove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2700 Burke Ave | 1503 | 2BR,1.5BA | $0.80 |
| Townhomes at Quail Ridge | 2 Bedroom Townhome with Basement | 2BR,1.5BA | $0.88 |
| Sugar Wood | Remodeled 2 BR Townhouse | 2BR,1.5BA | $0.95 |
| Excelsior Gardens Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.10 |
| Ozark South Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.02 |
| Meadowview Apartments | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.97 |
| Oak Point Townhomes | 2 Bedroom | 2BR,1.5BA | $1.03 |
| Ozark Plantation | 2x2A | 2BR,2BA | $1.03 |
| Breckenridge Apartments | Breckenridge - 2 Bed 1 Bath | 2BR,1BA | $0.93 |
| The Heights Apartments | Small Studio | Studio ,1BA | $1.06 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Mountain Grove, MO
Mountain Grove Elementary
Mountain Grove Middle
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Mountain Grove
What type of rentals are currently available in Mountain Grove?
There are currently 56 Apartments for Rent in Mountain Grove, MO with pricing that ranges from $475 to $2,395. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mountain Grove ranging from $500 to $3,200.
What is the current price range for Rental Homes in Mountain Grove?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mountain Grove ranges from $500 to $3,200 with an average monthly rent of $1,232.
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

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.

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.

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.

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.