Cheap New Apartments for Rent in St. Louis, MO from $300 (45 Rentals)

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$675 - $2,700Built in 2016Studio to 4 Bedroom Apartments Available Now

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374 S Grand BlvdSt. Louis, MO 63103
Student Housing
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  • Customer Reviewed
  • Utilities Included

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently

Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

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11th and Spruce
$1,286 - $3,273
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$1,286 - $3,273

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Built in 2024Studio to 2 Bedroom Apartments Available Now

11th and Spruce

1014 Spruce StSt. Louis, MO 63102
Student Housing
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  • Customer Reviewed
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Sylvan Springs Senior
Built in 20211 to 2 Bedroom Apartments

Sylvan Springs Senior

515 Franru LnSt. Louis, MO 63125
Senior Living

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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Gratiot School Apartments
Built in 2017Studio to 2 Bedroom Apartments

Gratiot School Apartments

1615 Hampton AveSt. Louis, MO 63139
  • Utilities Included
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HUE
Built in 2020Studio to 1 Bedroom Apartments

HUE

900 S Sarah StSt. Louis, MO 63110
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Steelcote Crossing
Built in 2020Studio Apartments

Steelcote Crossing

7 Steelcote SqSt. Louis, MO 63103
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Peper Lofts
Built in 20181 to 2 Bedroom Apartments

Peper Lofts

701 N 1st StSt. Louis, MO 63102
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The Bordeaux
Built in 20201 to 2 Bedroom Apartments

The Bordeaux

1330 Dolman StSt. Louis, MO 63104
  • Utilities Included
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B on Lindell
Built in 2023Studio to 3 Bedroom Apartments

B on Lindell

3681 Lindell BlvdSt. Louis, MO 63108
  • Utilities Included
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Live in the Grove
Built in 20231 Bedroom Apartments

Live in the Grove

4250 Swan AveSt. Louis, MO 63110
  • Smoke Free

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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MoFo Urban Residences
Built in 20181 to 2 Bedroom Apartments

MoFo Urban Residences

3172 Morganford RdSt. Louis, MO 63116
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AVA Student Housing
Built in 20201 to 2 Bedroom Apartments

AVA Student Housing

6405 Cates AveSt. Louis, MO 63130
Student Housing
  • Utilities Included
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Jennings Place Phase II
Built in 20171 to 2 Bedroom Apartments

Jennings Place Phase II

2355 Middle River RdJennings, MO 63136
Senior Living
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The New Broadview
Built in 20251 to 2 Bedroom Apartments

The New Broadview

5 E BroadwayEast St. Louis, IL 62201
Senior Living
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Castlereagh Apartments
Built in 2018Studio to 2 Bedroom Apartments

Castlereagh Apartments

6820 Delmar BlvdUniversity City, MO 63130
  • Utilities Included
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Hawthorne Apartments
Built in 20201 to 2 Bedroom Apartments

Hawthorne Apartments

1351 N Hanley RdUniversity City, MO 63130
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Glen Park Apartments
Built in 20261 to 2 Bedroom Apartments

Glen Park Apartments

129 E Lockwood AveWebster Groves, MO 63119
Student Housing
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The Mark
Built in 20231 to 2 Bedroom Apartments

The Mark

1330-1338 Hawthorne PlRichmond Heights, MO 63117
  • Utilities Included

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.

St. Louis, MO Local Guide

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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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:
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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 $1,401.

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 16,364 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 $623 which is $778 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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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.

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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.