Cheap Apartments for Rent in the Downtown Saint Louis Neighborhood of Saint Louis, MO from $437 (314 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Saint Louis area of Saint 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.

Read Article
close
View Me
744 Walton Ave
$750

Total Monthly Price

Base Rent$750
Total Monthly Price$750
1 to 2 Bedroom Apartment Available Now

744 Walton Ave

744 Walton AveSt. Louis, MO 63108
Cost Per Sq.Ft.

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.

Read Article

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.

Read Article
property at 3730 Maffitt Ave
$875 - $1,000
2 To 3 Bedroom Rentals
Available Now
Affordability

3730 Maffitt Ave

St. LouisMO63113

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

Read Article
close
View Me
3918 Shaw Blvd, Unit 3918
$900

Total Monthly Price

Base Rent$900
Total Monthly Price$900
1 Bedroom Apartment Available Now

3918 Shaw Blvd, Unit 3918

3918 Shaw BlvdSt. Louis, MO 63110
Cost Per Sq.Ft.
  • Smoke Free

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.

Read Article
Showing Results 1-50, Page 1 of 7

Downtown Saint Louis, St. Louis, MO Local Guide

Cheapest Available Downtown Saint Louis Apartments for Rent

 

The cheapest available apartment rental in the Downtown Saint Louis area of St. Louis, MO is a 2 Beds unit found at Fox Grove Management Office priced from $550. The Towers at Gateway City has the second lowest priced unit, which is a Studio apartment currently listed from $565. Here are the most affordable Downtown Saint Louis apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Fox Grove Management Office2x12BR, 1BA$550
The Towers at Gateway CityStudioStudio, 1BA$565
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio, 1BA$650
IconPrivate Bedroom4BR, 2BA$675
The Regency at Saint LouisStudioStudio, 1BA$679
Fairgrounds Park Place ApartmentsThe Cypress - 1Br / 1Ba1BR, 1BA$680
City Lofts on Laclede2j - 2BR/1BA2BR, 1BA$726
Collins Terrace Apartments1 Bedroom Large1BR, 1BA$739

Best Value Apartments for Rent in Downtown Saint Louis, MO

As of September 29, 2026 the best value apartment in the Downtown Saint Louis area is the $0.81 price per square foot 3BR/3.0BA Model at 3717-21 Westminster in the Central West End neighborhood starting from $1,895. The second greatest value Downtown Saint Louis apartment is the 2 Bedroom 1 Bath Model at Roberts Galerie Lofts in the Lafayette Square neighborhood starting at $1,450 with a $0.85 price per square foot. Here is today’s list of the best values for Downtown Saint Louis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3717-21 Westminster3BR/3.0BA3BR, 3BA$0.81
Roberts Galerie Lofts2 Bedroom 1 Bath2BR, 1BA$0.85
Kingsland Courtyard4-Bed4BR, 4BA$0.87
5126 Lexington Ave, Unit 25126 Lexington Ave2BR, 1BA$0.71
Fox Grove Management Office4x24BR, 2BA$0.74
Homer G. Phillips Apartments for 55 and olderTwo Bedroom One Bath2BR, 1BA$0.88
College Hill Apartments2 Bedroom2BR, 1.5BA$0.95
4106 San Francisco Ave, Unit Sanfrancisco4106 San Francisco Ave2BR, 1BA$0.90
IconShared2BR, 1BA$0.84
3508-10 Russell Boulevard1BR/1.0BA1BR, 1BA$0.88

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 Article
Decorative image

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

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Saint Louis, Saint Louis, MO

Ranked #1

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Downtown Saint Louis, Saint Louis, MO

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Downtown Saint Louis, Saint Louis, and the greater St. Louis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, pet-friendly features, family-friendliness, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Saint Louis Apartments

What is a cheap apartment in Downtown Saint Louis?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Saint Louis is under $739.

What is the price of a cheap apartment in Downtown Saint Louis?

The cheapest apartment in Downtown Saint Louis is The Towers at Gateway City which is listed at $665, while the average apartment in Downtown Saint Louis costs $1,474.

What types of apartments are the cheapest in Downtown Saint 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 624 regular apartments in Downtown Saint 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 Downtown Saint Louis?

Cheap apartments in Downtown Saint Louis have an average cost of $747 which is $727 cheaper than the average rent for all rentals in Downtown Saint 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

decorative image for St. Louis Living: Your Local Expert's Guide to Neighborhoods and Renting article

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.

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

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.

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

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.