Cheap Apartments for Rent in St. Louis, MO from $300 (816 Rentals)

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

St. Louis Living: Your Local Expert's Guide to Neighborhoods and Renting

Moving to St. Louis? Get the ultimate insider's guide to the city's neighborhoods, from the historic CWE to residential Shaw. Find your perfect apartment and settle in like a local.

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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.

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From Arch to Apartment: The St. Louis Insider's Guide to Renting Near the Area's Top Employers

The St. Louis Insider's Guide to renting near BJC, WashU, Boeing, SSM Health, and Anheuser-Busch. Find your perfect neighborhood to balance commute, lifestyle, and budget.

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St. Louis's Best Affordable Neighborhoods

Learn about St. Louis and the best places to live with original content written by our St. Louis, MO Local Expert Taryn Shorr-Mckee

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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.

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St. Louis, MO Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in St. Louis, MO

Pricing Updated: 08/19/2026

Current apartment rentals in the St. Louis, MO area range in price from $200 to $7,935 with an overall median price of $1,381. The three St. Louis neighborhoods with the lowest median rent pricing are Glasgow Village at $540, North Riverfront at $625, and Spanish Lake at $625. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for St. Louis Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Glasgow Village$540$525414
North Riverfront$625$525432
Spanish Lake$625$525439
Bellefontaine$636$525465
North St Louis City$750$525692
Mark Twain$800$63030
Riverview$825$80014
Near North Riverfront$847$63013
Bevo Mill$850$69519
Greater Ville$889$7508

Cheapest Available St. Louis Apartments for Rent

 

The cheapest available apartment rental in St. Louis, MO is a 1 Bed unit found at Alexian Court in the Lasalle neighborhood priced from $200. The Railton Apartments in the Lafayette Square neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $447. Here is today’s list of the most affordable St. Louis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alexian CourtStudio, 1 bath1BR,1BA$200
The Railton ApartmentsOne Bedroom Apartment1BR,1BA$447
Aboussie PavilionOne Bedroom1BR,1BA$499
Trinity Park (NEW)1 bedroom, 1 bathroom1BR,1BA$525
Fox Grove Management Office2x12BR,1BA$550
The Towers at Gateway CityStudioStudio,1BA$565
4375-4409 Chippewa4375-4409 Chippewa - 4377...1BR,1BA$600
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio,1BA$650
IconPrivate Bedroom4BR,2BA$675

Best Value Apartments for Rent in St. Louis, MO

As of August 19, 2026 the best value apartment in the St. Louis area is the $0.64 price per square foot single family home Model at 14 Parkland Pl in the in the Lewis Place neighborhood starting from $1,800. The second greatest value St. Louis apartment is the 2 Bedroom Townhome Model at Seven Hills Forest Condominiums starting at $1,300 with a $0.54 price per square foot in the Florissant neighborhood. Here is today’s list of the best values for St. Louis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
14 Parkland Plsingle family home5BR,3BA$0.64
Seven Hills Forest Condominiums2 Bedroom Townhome2BR,2.5BA$0.54
5239 Bancroft Ave5239 Bancroft Ave2BR,1BA$0.67
4232 Louisiana Ave4232 Louisiana Ave2BR,1BA$0.75
3808 Meramec St, Unit #23808 Meramec St2BR,1BA$0.61
Woodknoll Townhomes2BR/1.5BA2BR,1.5BA$0.66
4626 Enright Ave4626 Enright Ave2BR,1BA$0.73
Fox Grove Management Office4x24BR,2BA$0.74
5721-5723 Gravois Ave1 Beds, 1 Baths1BR,1BA$0.74
Alexian CourtStudio, 1 bathStudio ,1BA$0.33

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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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the St. Louis, MO metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com

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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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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.

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St. Louis Overview

The St. Louis area is a great place to live in the Midwest, thanks mostly in part to its central location and the fact that there is so much to do for a city of its size. Compared to most other US cities, the cost of living in St. Louis is relatively affordable and there are options for great housing in homes or apartments in St. Louis for just about any budget.

Why live in St. Louis, MO?

The variety of activities in the city and surrounding area makes St. Louis a great place for singles, as well as those with a family. Some of the elementary and high schools in the city are among the best in the nation, while the city boasts two major universities: Washington University and Saint Louis University for higher education. You get a sense of a small-town atmosphere with big city amenities almost anywhere in the city.

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

Explore St. Louis, MO Rentals by Map

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Frequently Asked Questions about Cheap St. Louis Apartments

What is a cheap apartment in St. Louis?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in St. Louis is under $675.

What is the price of a cheap apartment in St. Louis?

The cheapest apartment in St. Louis is Alexian Court which is listed at $200, while the average apartment in St. Louis costs $1,381.

What types of apartments are the cheapest in St. Louis?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16,616 regular apartments in St. Louis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in St. Louis?

Cheap apartments in St. Louis have an average cost of $631 which is $750 cheaper than the average rent for all rentals in St. Louis.

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.

Helpful Local Expert Guides

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St. Louis Living: Your Local Expert's Guide to Neighborhoods and Renting

Written by: Taryn Shorr-Mckee

St. Louis is a historic city of neighborhoods — nearly 80 of them — each with its own personality, rhythm, and everyday comforts.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis

Written by: Taryn Shorr-Mckee

Finding the right neighborhood to rent near your St. Louis college or university isn’t just about convenience.

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A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

Written by: Taryn Shorr-Mckee

I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

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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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.

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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.

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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.