Cheap Homes for Rent in Downtown Saint Louis Neighborhood of Saint Louis, MO from $400 (82 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

$850

2 Bedroom, 1 Bath Townhome for Rent

Available Now

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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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 2035 Maury Ave

$995

2 Bedroom, 1 Bath Rentals

Available Now

2035 Maury Ave

St. LouisMO63110
property at 4315 N 19th St

$1,050

3 Bedroom, 1.5 Bath Townhome for Rent

Available Now

4315 N 19th St

St. LouisMO63107

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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property at 5616 Pershing Ave

$1,095

2 Bedroom, 1 Bath Rentals

Available Now

5616-41 Pershing

5616 Pershing Ave
St. LouisMO63112
property at 314 N Broadway

$1,150 - $2,250

1 To 2 Bedroom Rentals

Available Now

314 N Broadway

St. LouisMO63102

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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Showing Results 1-50, Page 1 of 2

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
The Regency at Saint LouisStudioStudio,1BA$649
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio,1BA$650
Collins Terrace Apartments1 Bedroom Large1BR,1BA$668
Gateway on GrandC13BR,1BA$675
Fairgrounds Park Place Apartments*The Cypress1BR,1BA$680

Best Value Apartments for Rent in Downtown Saint Louis, MO

As of January 23, 2026 the best value apartment in the Downtown Saint Louis area is the $0.80 price per square foot 2 Bedroom 2 Bath Model at Roberts Galerie Lofts in the in the Lafayette Square neighborhood starting from $1,500. The second greatest value Downtown Saint Louis apartment is the 5 BR TH Model at Cambridge Heights Apartments I & II starting at $1,190 with a $0.73 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.
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
Cambridge Heights Apartments I & II5 BR TH4BR,3BA$0.73
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$0.88
College Hill Apartments2 Bedroom Townhouse2BR,1.5BA$0.93
Coronado Place and TowersThe Platinum2BR,2BA$0.76
4117 Carter Ave, Unit 4117 Carter4117 Carter Ave1BR,1BA$0.96
1722 Nebraska Ave, Unit 2nd floor1722 Nebraska Ave1BR,1BA$0.89
The Railton ApartmentsOne Bedroom Apartment1BR,1BA$0.89

Frequently Asked Questions about Downtown Saint Louis

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

There are currently 1137 Apartments for Rent in Downtown Saint Louis, MO with pricing that ranges from $437 to $7,935. There are also 187 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Saint Louis ranging from $400 to $3,995.

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 $3,995 with an average monthly rent of $1,869.

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 $5,945, while Three Bedroom Homes, Condos, and Townhomes for rent range from $495 to $3,795. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $854.

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.

Articles, How-To's, and Tips

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 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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.