
Cheap Apartments for Rent in Owensville, MO from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Owensville.


Cedar Ridge Apartments

Schrimpf Management

Total Monthly Price
217 Twin Ridge Rd

The Lodges at Rolla

deVille I Properties LLC

990 S Lay Ave
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.

Bennington Place

Village on the Green

Peppertree Apartments

Colonial West

Woodlander Apartments

Osage Estates Apartments

Summit Valley Apartments
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.

Southern Hills Town Houses and Apartments

Chapel Ridge of Union

Rolla Senior Apartments

Blarney Stone Apartments

260 Commercial Dr

206 Commercial Dr

192 Commercial Dr
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.

254 Commercial Dr

Osage Commons

405 N Olive St

6 S Center St

610 Blair St

11855 Co Rd 3060

112 S Rolla St
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.

159 Arborview Dr

618 Carolee Ct
Owensville, MO Local Guide

How much does it cost to rent an apartment in Owensville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Owensville Studio Apartments | $715 | $715 | $715 |
| Owensville 1 Bedroom Apartments | $1,059 | $550 | $1,520 |
| Owensville 2 Bedroom Apartments | $1,370 | $510 | $2,450 |
| Owensville 3 Bedroom Apartments | $1,858 | $542 | $2,875 |
| Owensville 4 Bedroom Apartments | $3,166 | $3,100 | $3,250 |
Browse Top Apartments in Owensville
See all Apartments in OwensvilleExplore Owensville
Owensville, MO Local Guide
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Cheapest Available Owensville Apartments for Rent and Nearby
 The cheapest available apartment rental in Owensville, MO is a 1 Bed unit found at Schrimpf Management priced from $550. 217 Twin Ridge Rd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Owensville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Schrimpf Management | 1 Bedroom Apartments | 1BR,1BA | $550 |
| 217 Twin Ridge Rd | A Layout | 1BR,1BA | $625 |
| The Lodges at Rolla | Rent By The Room Spring/Fall 2026 | 1BR,1BA | $650 |
| Osage Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $850 |
| Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $855 |
| Chapel Ridge of Union | 1 Bedrooms | 1BR,1BA | $950 |
| Rolla Senior Apartments | One-Bedroom | 1BR,1BA | $958 |
| Vista on the Park | 101 | 1BR,1BA | $1,095 |
| Cedar Lakes Apartments | C2 | 2BR,2BA | $1,100 |
| Autumn Leaf Apartment Homes | 2 Bedroom Upstairs | 2BR,2BA | $1,150 |
Best Value Apartments for Rent in Owensville, MO and Nearby
As of June 23, 2026 the best value apartment in the Owensville area is the $0.82 price per square foot 2 Bedroom Townhome Model at deVille I Properties LLC in the starting from $1,210. The second greatest value Owensville apartment is the Rent By The Room Spring/Fall 2026 Model at The Lodges at Rolla starting at $650 with a $0.46 price per square foot . Here is today’s list of the best values for Owensville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| deVille I Properties LLC | 2 Bedroom Townhome | 2BR,1.5BA | $0.82 |
| The Lodges at Rolla | Rent By The Room Spring/Fall 2026 | 1BR,1BA | $0.46 |
| Bennington Place | Townhome - Bennington | 2BR,2.5BA | $1.30 |
| Northridge I | Maple | 3BR,1.5BA | $1.12 |
| Autumn Leaf Apartment Homes | 2 Bedroom Upstairs | 2BR,2BA | $1.12 |
| Schrimpf Management | 1 Bedroom Apartments | 1BR,1BA | $0.58 |
| Cedar Lakes Apartments | B1 | 2BR,1BA | $1.31 |
| Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $1.05 |
| Osage Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.24 |
| 217 Twin Ridge Rd | A Layout | 1BR,1BA | $1.25 |
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 Owensville, MO
Owensville Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Owensville, MO Rentals by Map
See the most popular apartments and homes in Owensville, MO
Frequently Asked Questions about Cheap Owensville Apartments
How much is rent for a Cheap One Bedroom Owensville Apartment?
The lowest price for a Cheap One Bedroom Owensville Apartment is $550 at Schrimpf Management.
What is the lowest price for a Cheap Two Bedroom Owensville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Owensville is starting from $595 at Schrimpf Management.
What is the most affordable Owensville Three Bedroom Apartment?
The best deal on a cheap Owensville Three Bedroom Apartment rental is at Schrimpf Management and starts from $795.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.

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.