Cheap Homes for Rent in Downtown Saint Louis Neighborhood of Saint Louis, MO from $400 (32 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 210 N 17th St

210 N 17th St

St. LouisMO63103

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property at 6938 Bruno Ave

6938 Bruno Ave

St. LouisMO63139

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

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 1 Bed unit found at The Railton Apartments priced from $418. 3010 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $437. Here are the most affordable Downtown Saint Louis apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
The Railton ApartmentsOne Bedroom Apartment1BR,1BA$418
3010 Apartments1x11BR,1BA$437
Preservation Square ApartmentsOne Bedroom1BR,1BA$492
Fox Grove Management Office2x12BR,1BA$550
St. Luke's Plaza ApartmentsStudioStudio,1BA$569
Gateway on GrandD34BR,2BA$599
Downtowner ApartmentsStudioStudio,1BA$600
City Parc at Pine Senior LivingstudioStudio,1BA$602
Forest Park ApartmentsThe Cardinal1BR,1BA$635
The Towers at Gateway CityStudioStudio,1BA$650

Best Value Apartments for Rent in Downtown Saint Louis, MO

As of May 22, 2025 the best value apartment in the Downtown Saint Louis area is the $0.75 price per square foot 1709 Washington Ave Model at 1709 Washington Ave, Unit 703 in the in the Lafayette Square neighborhood starting from $1,500. The second greatest value Downtown Saint Louis apartment is the 2 Bedroom 2 Bath Model at Roberts Galerie Lofts starting at $1,500 with a $0.80 price per square foot in the Lafayette Square neighborhood. 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.
1709 Washington Ave, Unit 7031709 Washington Ave1BR,1BA$0.75
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
2137 Geyer Ave, Unit A2137 Geyer Ave2BR,1BA$0.51
4472 Enright Ave, Unit 4472A enright4472 Enright Ave3BR,1BA$0.82
2026 E Adelaide Ave, Unit Downstairs2026 E Adelaide Ave2BR,1BA$0.71
5126 Lexington Ave, Unit 25126 Lexington Ave2BR,1BA$0.75
5141 Wabada Ave, Unit 15141 Wabada Ave3BR,1BA$0.85
Fox Grove Management Office4x24BR,2BA$0.74
College Hill Apartments2 Bedroom Townhouse2BR,1.5BA$0.83
4951 Botanical Ave, Unit 1W4951 Botanical Ave1BR,1BA$0.71

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Frequently Asked Questions about Downtown Saint Louis

What type of rentals are currently available in Downtown Saint Louis?

There are currently 1115 Apartments for Rent in Downtown Saint Louis, MO with pricing that ranges from $418 to $10,721. There are also 201 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Saint Louis ranging from $400 to $4,900.

What is the current price range for Rental Homes in Downtown Saint Louis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Saint Louis ranges from $400 to $4,900 with an average monthly rent of $1,624.

How much are larger Three and Four Bedroom Rentals in Downtown Saint Louis?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Saint Louis range from $674 to $10,721, while Three Bedroom Homes, Condos, and Townhomes for rent range from $500 to $4,900. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $854.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.