Cheap Homes for Rent in Shrewsbury, MO from $700 (10 Rentals)

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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.

Shrewsbury, MO Local Guide

Cheapest Available Shrewsbury Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shrewsbury, MO is a 1 Bed unit found at Richwood Terrace Apartments in the Franz Park neighborhood priced from $770. Sutton-Elm Apartments in the Lindenwood Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Shrewsbury apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Richwood Terrace ApartmentsClassic1BR,1BA$770
Sutton-Elm Apartments1 Bed, 1 bath1BR,1BA$795
The Villages at General GrantHadleigh Efficiency1BR,1BA$795

Best Value Apartments for Rent in Shrewsbury, MO and Nearby

As of June 12, 2026 the best value apartment in the Shrewsbury area is the $1.50 price per square foot Oxford Model at Georgetown of St. Louis in the in the Old Webster neighborhood starting from $1,700. The second greatest value Shrewsbury apartment is the Duplex 2 x 1.5 Model at Lindenwood Heights starting at $1,528 with a $1.39 price per square foot in the Lindenwood Park neighborhood. Here is today’s list of the best values for Shrewsbury apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Georgetown of St. LouisOxford3BR,1BA$1.50
Lindenwood HeightsDuplex 2 x 1.52BR,1.5BA$1.39
Parkshire ApartmentsWillmore2BR,1BA$1.12
3919 Jamieson Ave, Unit 1E3919 Jamieson Ave2BR,1BA$1.48
5412 Loughborough Ave, Unit 5412 Loughborough5412 Loughborough Ave1BR,1BA$1.36
7110 Drury Ln, Unit 1st Fl7110 Drury Ln1BR,1BA$1.14
Heritage EstatesCottage1BR,1BA$1.52
Courtland ManorOne Bed One Bath1BR,1BA$1.22
Forest Creek Apartments1Bd/1Ba1BR,1BA$1.42
Sutton-Elm Apartments1 Bed, 1 bath1BR,1BA$1.51

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Shrewsbury

What type of rentals are currently available in Shrewsbury?

There are currently 280 Apartments for Rent in Shrewsbury, MO with pricing that ranges from $750 to $7,193. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shrewsbury ranging from $750 to $4,760.

What is the current price range for Rental Homes in Shrewsbury?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shrewsbury ranges from $750 to $4,760 with an average monthly rent of $1,961.

How much are larger Three and Four Bedroom Rentals in Shrewsbury?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Shrewsbury range from $1,700 to $5,262, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,875. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $5,290.

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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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.

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.