Cheap Homes for Rent in Downtown Saint Louis Neighborhood of Saint Louis, MO from $400 (48 Rentals)

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

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 210 N 17th St

210 N 17th St

St. LouisMO63103

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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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.

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property at 5535 Pershing Ave

5535 Pershing Ave

St. LouisMO63112

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

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property at 915 Olive St

915 Olive St

St. LouisMO63101
Showing Results 1-48, Page 1 of 1

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 3010 Apartments priced from $437. Preservation Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $492. Here are the most affordable Downtown Saint Louis apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
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
City Parc at Pine Senior LivingstudioStudio,1BA$602
Forest Park ApartmentsThe Cardinal1BR,1BA$635
The Towers at Gateway CityStudioStudio,1BA$650
Toronto Parcade ApartmentsEfficiency1BR,1BA$675
Winston Churchill Apartments1 Bedroom1BR,1BA$678

Best Value Apartments for Rent in Downtown Saint Louis, MO

As of July 07, 2025 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 4-Bed Model at King's Court starting at $1,300 with a $0.87 price per square foot in the Wells 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
King's Court4-Bed4BR,4BA$0.87
2026 E Adelaide Ave, Unit Downstairs2026 E Adelaide Ave2BR,1BA$0.76
Leather TradesTwo Bedroom Loft2BR,2BA$0.96
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$0.95
College Hill Apartments2 Bedroom Townhouse2BR,1.5BA$0.83
748 Walton Ave, Unit 748 Walton748 Walton Ave2BR,1BA$0.83
The Paul Brown Loft Apartments2 Bedroom 1 Bathroom2BR,1BA$0.92

Quick Rent Budget Calculator

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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 1104 Apartments for Rent in Downtown Saint Louis, MO with pricing that ranges from $489 to $10,638. There are also 190 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Saint Louis ranging from $400 to $5,000.

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 $5,000 with an average monthly rent of $1,788.

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 $10,638, while Three Bedroom Homes, Condos, and Townhomes for rent range from $500 to $4,100. 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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.