Cheap Apartments for Rent near Rayville, MO from $600 (44 Rentals)

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

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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Hillside Apartments
Studio to 2 Bedroom Apartments

Hillside Apartments

414 Hillside DrIndependence, MO 64050
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The Lofts at Bridgewood
1 to 3 Bedroom Apartments

The Lofts at Bridgewood

500 SE Salem StOak Grove, MO 64075
Corporate Housing
  • Utilities Included
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Burr Oak Woods
1 to 2 Bedroom Apartments

Burr Oak Woods

3403 NW Duncan RdBlue Springs, MO 64015

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.

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.

Rayville, MO Local Guide

Cheapest Available Rayville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rayville, MO is a Studio unit found at Independence Tower in the Spring Branch neighborhood priced from $760. Stoneybrook Apartments in the Spring Branch neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Rayville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Independence TowerStudio /1Studio,1BA$760
Stoneybrook Apartments2 Bedroom 1 Bathroom2BR,1BA$850
Arrow ApartmentsStudio - 432 SFStudio,1BA$850
Cherokee VillageOne Bed One Bath1BR,1BA$900
Oaks Apartments1Bd1BR,1BA$900
Jefferson ParkJackson1BR,1BA$925
Village Gardens Apartments2BR/1BA2BR,1BA$925
Liberty Heights1 Bedroom 1.5 Bathroom1BR,1BA$980
Hillside ApartmentsRenovated 1bed - 1bath Apartment! **MOVE IN SPE...1BR,1BA$995
Regency Manor IITwo Bed One Bath2BR,1BA$1,050

Best Value Apartments for Rent in Rayville, MO and Nearby

As of July 24, 2026 the best value apartment in the Rayville area is the $1.18 price per square foot 3A Model at Brookwood Village Townhomes in the in the Blue Springs Manor South neighborhood starting from $1,620. The second greatest value Rayville apartment is the 2 Bed 2.5 Bath Model at Timbercreek East Townhomes starting at $1,565 with a $1.26 price per square foot in the Blue Springs Manor South neighborhood. Here is today’s list of the best values for Rayville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brookwood Village Townhomes3A3BR,1.5BA$1.18
Timbercreek East Townhomes2 Bed 2.5 Bath2BR,2.5BA$1.26
The Edison at Blue SpringsEBL-B2- Morgan2BR,2BA$1.32
Westchester Village of Oak Grove418B3BR,2BA$1.14
Hillside Apartments2-Bedrooms2BR,2BA$1.37
Village Gardens Apartments2BR/1BA2BR,1BA$1.13
Stoneybrook Apartments2 Bedroom 1 Bathroom2BR,1BA$1.09
Regency Manor IITwo Bed One Bath2BR,1BA$1.35
Cherokee VillageOne Bed One Bath1BR,1BA$1.27
Oaks Apartments1Bd1BR,1BA$1.36

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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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 Rayville Apartments

What is the Cheapest Studio apartment in Rayville?

Currently the most affordable Cheap Studio Apartment in Rayville is at Independence Tower listed at $760.

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

The lowest price for a Cheap One Bedroom Rayville Apartment is $890 at Independence Tower.

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

Today's best deal for a Cheap Two Bedroom Apartment in Rayville is starting from $850 at Stoneybrook Apartments.

What is the most affordable Rayville Three Bedroom Apartment?

The best deal on a cheap Rayville Three Bedroom Apartment rental is at Westchester Village of Oak Grove and starts from $1,200.

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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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.

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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.

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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.