Cheap Homes for Rent in Downtown Saint Louis Neighborhood of Saint Louis, MO from $400 (58 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 210 N 17th St

$800 - $950

Studio To 1 Bedroom Rentals

Available Now

210 N 17th St

St. LouisMO63103

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1209 N 11th St

$850

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1209 N 11th St

St. LouisMO63106
property at 5803 Waterman Blvd

$900 - $1,850

Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,850
Total Monthly Price
$900 - $1,850

2 Bedroom, 2 Bath Condo for Rent

Available May 15

5803 Waterman Blvd

St. LouisMO63112

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 4643 Evans Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

4643 Evans Ave

St. LouisMO63113
property at 1229 Louisville Ave

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025
Total Monthly Price
$1,025

1 Bedroom, 1 Bath Townhome for Rent

Available May 1

1229 Louisville Ave

St. LouisMO63139

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 5222 N 20th St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

3 Bedroom, 1 Bath Home for Rent

Available May 1

5222 N 20th St

St. LouisMO63107

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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property at 4370 Chouteau Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

4370 Chouteau Ave

St. LouisMO63110

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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Showing Results 1-50, Page 1 of 2

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 Studio unit found at The Towers at Gateway City priced from $515. Fox Grove Management Office has the second lowest priced unit, which is a 2 Beds apartment currently listed from $550. Here are the most affordable Downtown Saint Louis apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
The Towers at Gateway CityStudioStudio,1BA$515
Fox Grove Management Office2x12BR,1BA$550
The Railton ApartmentsOne Bedroom Apartment1BR,1BA$561
The Regency at Saint LouisStudioStudio,1BA$649
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio,1BA$650
Fairgrounds Park Place ApartmentsThe Cypress - 1Br / 1Ba1BR,1BA$680
Forest Park ApartmentsThe Cardinal1BR,1BA$699

Best Value Apartments for Rent in Downtown Saint Louis, MO

As of April 30, 2026 the best value apartment in the Downtown Saint 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 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.
14 Parkland Plsingle family home5BR,3BA$0.64
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
4628 Enright Ave, Unit 24628 Enright Ave3BR,1BA$0.87
2137 Geyer Ave, Unit Unit A2137 Geyer Ave2BR,1BA$0.73
Kingsland Courtyard4-Bed4BR,4BA$0.87
5126 Lexington Ave, Unit 25126 Lexington Ave2BR,1BA$0.75
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
4119 Carter Ave, Unit 4119 West Carter4119 Carter Ave1BR,1BA$0.96

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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 1141 Apartments for Rent in Downtown Saint Louis, MO with pricing that ranges from $437 to $9,350. There are also 131 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Saint Louis ranging from $275 to $5,950.

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 $275 to $5,950 with an average monthly rent of $2,037.

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 $7,099, while Three Bedroom Homes, Condos, and Townhomes for rent range from $275 to $4,500. Four Bedroom Single-Family rentals are also available starting from $299 and Four Bedroom Apartments start at $775.

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 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.

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 St. Louis Living: Your Local Experts Guide to Neighborhoods and Renting article

St. Louis Living: Your Local Experts 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.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.