
Cheap Apartments for Rent near Old Monroe, MO from $950 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Old Monroe.


Cedar Lakes Apartments

Casalon Parkway Apartments

Peine Lakes

Westchester Village

Wall Street Senior Living

Brookmount Apartments

Savannah Ridge Apartments

Ridgewood Village
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.

Vinings of O'Fallon

The Jewel O'Fallon

Quail Run Apartments and Townhomes

The Boulders at Moscow Mills

Synergy at the Meadows

Prairie Encore

Pinecrest Apartments

Thornwood Apartments

The Waterways of Lake Saint Louis Apartments
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.

The Solstice

Villages at Lake Silvercote

Aventura at Wentzville

Aventura at Hawk Ridge

Total Monthly Price
Station at St Peters

Total Monthly Price
Pineview Apartments

The Prairie Luxury Apartments

Timber Club

The Sullivan
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.

Aventura at Richmond

Citrine Apartments

Heartland View Apartments

O’Fallon Hills Senior Apartments

Meadowood Estates II Senior 55+

1446 Vero Dr

11300 Spring Creek Ln

Bramblett Hills

333 Stonewall Creek 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.

1152 St Matthew Ave

606 Alsmeyer Dr

1155 St Matthew Ave
Old Monroe, MO Local Guide

How much does it cost to rent an apartment in Old Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Monroe Studio Apartments | $1,383 | $1,325 | $1,425 |
| Old Monroe 1 Bedroom Apartments | $1,409 | $950 | $1,765 |
| Old Monroe 2 Bedroom Apartments | $1,656 | $1,100 | $2,575 |
| Old Monroe 3 Bedroom Apartments | $1,998 | $1,400 | $2,600 |
| Old Monroe 4 Bedroom Apartments | $3,080 | $3,000 | $3,400 |
Browse Top Apartments in Old Monroe
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Old Monroe, MO Local Guide
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Cheapest Available Old Monroe Apartments for Rent and Nearby
 The cheapest available apartment rental in Old Monroe, MO is a 1 Bed unit found at Brookmount Apartments in the Brighton Park neighborhood priced from $1,194. Ridgewood Village in the Brighton Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,210. Here is today’s list of the most affordable Old Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookmount Apartments | 1 Bedroom | 1BR,1BA | $1,194 |
| Ridgewood Village | 1A | 1BR,1BA | $1,210 |
| Savannah Ridge Apartments | 1 Bedroom Garden | 1BR,1BA | $1,213 |
| Synergy at the Meadows | Element | 1BR,1BA | $1,305 |
| Prairie Encore | Studio/1B | Studio,1BA | $1,325 |
| Thornwood Apartments | Wildrose | 1BR,1BA | $1,350 |
| The Waterways of Lake Saint Louis Apartments | Brookside | 1BR,1BA | $1,350 |
| Pineview Apartments | Building 3 | 2BR,1BA | $1,395 |
| Station at St Peters | 1 Bed 1 Bath | 1BR,1BA | $1,395 |
| The Jewel O'Fallon | Sapphire | 1BR,1BA | $1,411 |
Best Value Apartments for Rent in Old Monroe, MO and Nearby
As of August 30, 2026 the best value apartment in the Old Monroe area is the $1.51 price per square foot The Heron 4B/3.5B with finished basement a Model at Villas on the Prairie in the in the Tysons Corner neighborhood starting from $3,000. The second greatest value Old Monroe apartment is the Rental Homes Model at The Waterways of Lake Saint Louis Homes starting at $3,000 with a $1.66 price per square foot in the Lake St. Louis neighborhood. Here is today’s list of the best values for Old Monroe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas on the Prairie | The Heron 4B/3.5B with finished basement a | 4BR,3.5BA | $1.51 |
| The Waterways of Lake Saint Louis Homes | Rental Homes | 4BR,2.5BA | $1.66 |
| Quail Run Apartments and Townhomes | Townhomes Interior Phase B | 3BR,2.5BA | $1.24 |
| Villages at Lake Silvercote | 2 Bed 2 Bath | 2BR,2BA | $1.40 |
| The Prairie Luxury Apartments | The Sparrow 2B/2B 1st Floor d | 2BR,2BA | $1.57 |
| The Waterways of Lake Saint Louis Apartments | Brookside | 1BR,1BA | $1.51 |
| Thornwood Apartments | Wildrose | 1BR,1BA | $1.51 |
| The Jewel O'Fallon | Sapphire | 1BR,1BA | $1.64 |
| Pineview Apartments | Building 3 | 2BR,1BA | $1.64 |
| Brookmount Apartments | 1 Bedroom | 1BR,1BA | $1.59 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Old Monroe, MO Rentals by Map
See the most popular apartments and homes in Old Monroe, MO
Frequently Asked Questions about Cheap Old Monroe Apartments
What is the Cheapest Studio apartment in Old Monroe?
Currently the most affordable Cheap Studio Apartment in Old Monroe is at Prairie Encore listed at $1,325.
How much is rent for a Cheap One Bedroom Old Monroe Apartment?
The lowest price for a Cheap One Bedroom Old Monroe Apartment is $1,194 at Brookmount Apartments.
What is the lowest price for a Cheap Two Bedroom Old Monroe Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Monroe is starting from $1,253 at Savannah Ridge Apartments.
What is the most affordable Old Monroe Three Bedroom Apartment?
The best deal on a cheap Old Monroe Three Bedroom Apartment rental is at The Waterways of Lake Saint Louis Apartments and starts from $1,780.
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

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.

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.

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.

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.