Cheap Homes for Rent in Downtown Saint Louis Neighborhood of Saint Louis, MO from $400 (65 Rentals)

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

property at 1209 N 11th St

1209 N 11th St

St. LouisMO63106

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.

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property at 4244 Chouteau Ave

4244 Chouteau Ave

St. LouisMO63110
property at 2012 Oregon Ave

2012 Oregon Ave

St. LouisMO63104

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 507 N 13th St

507 N 13th St

St. LouisMO63103
property at 1523 S 10th St

1523 S 10th St

St. LouisMO63104

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 314 N Broadway

314 N Broadway

St. LouisMO63102
property at 2037 Maury Ave

2037 Maury Ave

St. LouisMO63110

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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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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. Coronado Place and Towers has the second lowest priced unit, which is a 3 Beds apartment currently listed from $455. 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
Coronado Place and TowersThe Scott3BR,1BA$455
Fox Grove Management Office2x12BR,1BA$550
The Towers at Gateway CityStudioStudio,1BA$550
City Parc at Pine Senior LivingstudioStudio,1BA$602
The Regency at Saint LouisStudioStudio,1BA$649
Forest Park ApartmentsThe Cardinal1BR,1BA$677
Winston Churchill Apartments1 Bedroom1BR,1BA$678
Fairgrounds Park Place Apartments*The Cypress1BR,1BA$680

Best Value Apartments for Rent in Downtown Saint Louis, MO

As of December 02, 2025 the best value apartment in the Downtown Saint Louis area is the $0.32 price per square foot 4427 Athlone Ave Model at 4427 Athlone Ave, Unit 2nd Floor in the in the Lewis Place neighborhood starting from $950. 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.
4427 Athlone Ave, Unit 2nd Floor4427 Athlone Ave3BR,1BA$0.32
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
King's Court4-Bed4BR,4BA$0.87
Fox Grove Management Office4x24BR,2BA$0.74
Homer G. Phillips Apartments for 55 and olderTwo Bedroom One Bath2BR,1BA$0.95
College Hill Apartments2 Bedroom Townhouse2BR,1.5BA$0.93
Coronado Place and TowersThe Platinum2BR,2BA$0.76
4119 Carter Ave, Unit 4119 West Carter4119 Carter Ave1BR,1BA$0.96
1722 Nebraska Ave, Unit 2nd floor1722 Nebraska Ave1BR,1BA$0.89
The Railton ApartmentsOne Bedroom Apartment1BR,1BA$0.89

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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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

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

School data provided by Great Schools

Frequently Asked Questions about Downtown Saint Louis

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

There are currently 1131 Apartments for Rent in Downtown Saint Louis, MO with pricing that ranges from $437 to $10,542. There are also 193 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Saint Louis ranging from $400 to $6,500.

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 $6,500 with an average monthly rent of $1,987.

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 $455 to $5,303, while Three Bedroom Homes, Condos, and Townhomes for rent range from $495 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,000 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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.