Cheap Homes for Rent in Downtown Saint Louis Neighborhood of Saint Louis, MO from $400 (56 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
property at 4718 Lexington Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

4718 Lexington Ave

St. LouisMO63115

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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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 5330 Pershing Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

5330 Pershing Ave, Unit 503

5330 Pershing Ave
St. LouisMO63112
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 Now

5222 N 20th St

St. LouisMO63107

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 2130 E Prairie Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

3 Bedroom, 1.5 Bath Condo for Rent

Available Now

2130 E Prairie Ave, Unit 2130 E. Prairie

2130 E Prairie Ave
St. LouisMO63107
property at 1432 Dolman St

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275
Total Monthly Price
$1,275

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

1432 Dolman St

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 1617 Forest Ave

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

3 Bedroom, 2.5 Bath Home for Rent

Available Now

1617 Forest Ave

St. LouisMO63139

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 1 Bed unit found at The Railton Apartments priced from $447. The Towers at Gateway City has the second lowest priced unit, which is a Studio apartment currently listed from $515. 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$447
The Towers at Gateway CityStudioStudio,1BA$515
Fox Grove Management Office2x12BR,1BA$550
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio,1BA$650
The Regency at Saint LouisStudioStudio,1BA$679
Fairgrounds Park Place ApartmentsThe Cypress - 1Br / 1Ba1BR,1BA$680
Collins Terrace Apartments1 Bedroom Large1BR,1BA$687
Forest Park ApartmentsThe Cardinal1BR,1BA$701

Best Value Apartments for Rent in Downtown Saint Louis, MO

As of June 15, 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
Kingsland Courtyard4-Bed4BR,4BA$0.87
2137 Geyer Ave, Unit A2137 Geyer Ave2BR,1BA$0.73
2026 E Adelaide Ave, Unit Downstairs2026 E Adelaide Ave2BR,1BA$0.83
5126 Lexington Ave, Unit 25126 Lexington Ave2BR,1BA$0.75
2030 E Fair Ave, Unit Fair ave2030 E Fair Ave2BR,1BA$0.50
2310 Russell Blvd, Unit A2310 Russell Blvd2BR,1BA$0.83
Fox Grove Management Office4x24BR,2BA$0.74
4839 Hammett Pl, Unit 4839 Hammett Pl4839 Hammett Pl2BR,1BA$0.84

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 1167 Apartments for Rent in Downtown Saint Louis, MO with pricing that ranges from $437 to $8,177. There are also 139 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Saint Louis ranging from $275 to $5,500.

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 $275 to $5,500 with an average monthly rent of $2,123.

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 $6,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $275 to $4,950. 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

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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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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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.