Cheap Apartments for Rent in the Fairgrounds Neighborhood of Saint Louis, MO from $500 (59 Rentals)

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

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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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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Hyde Park Village
1 to 2 Bedroom Apartments

Hyde Park Village

4040 Peck StSt. Louis, MO 63107
Senior Living
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Lucas Heights
1 to 2 Bedroom Apartments

Lucas Heights

3040 Delmar BlvdSt. Louis, MO 63103
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PT Bosley Estates
1 Bedroom Apartments

PT Bosley Estates

4500 Mary AveSt. Louis, MO 63107
Senior Living
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The Michelangelo
Studio to 1 Bedroom Apartments

The Michelangelo

4049 W Pine BlvdSt. Louis, MO 63108
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Archway Commons
1 to 2 Bedroom Apartments

Archway Commons

2707 Rauschenbach AveSt. Louis, MO 63106
  • Utilities Included

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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Maryland Lofts
Studio to 1 Bedroom Apartments

Maryland Lofts

4340 Maryland AveSt. Louis, MO 63108
  • Utilities Included
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Calvary Apartments
1 Bedroom Apartments

Calvary Apartments

5239 W Florissant AveSt. Louis, MO 63115
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4020 Lindell Blvd.
Studio to 2 Bedroom Apartments

4020 Lindell Blvd.

4020 Lindell BlvdSt. Louis, MO 63108
Student Housing
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Jackson Park Apartments
1 to 2 Bedroom Apartments

Jackson Park Apartments

1220 Warren StSt. Louis, MO 63106
Senior Living
  • Utilities Included

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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Fairgrounds, St. Louis, MO Local Guide

Cheapest Available Fairgrounds Apartments for Rent

 

The cheapest available apartment rental in the Fairgrounds area of St. Louis, MO is a 1 Bed unit found at Fairgrounds Park Place Apartments priced from $680. Homer G. Phillips Apartments for 55 and older has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Fairgrounds apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Fairgrounds Park Place ApartmentsThe Cypress - 1Br / 1Ba1BR,1BA$680
Homer G. Phillips Apartments for 55 and olderOne Bedroom One Bath1BR,1BA$765
4349 Forest Park AveStudioStudio,1BA$800
3717-21 Westminster LLC0BR/1.0BAStudio,1BA$800
The Continental Life BuildingBush Stadium1BR,1BA$830
West Pine Lofts2B 2B2BR,2BA$849
Gallery Central West EndRegular StudioStudio,1BA$865
Sullivan Place Apartments1 Bed, 1 bath1BR,1BA$895

Best Value Apartments for Rent in Fairgrounds, MO

As of April 12, 2026 the best value apartment in the Fairgrounds area is the $0.88 price per square foot Two Bedroom One Bath Model at Homer G. Phillips Apartments for 55 and older in the in the Lewis Place neighborhood starting from $930. The second greatest value Fairgrounds apartment is the 2 Bedroom Model at College Hill Apartments starting at $970 with a $0.95 price per square foot in the Old North St. Louis neighborhood. Here is today’s list of the best values for Fairgrounds apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Homer G. Phillips Apartments for 55 and olderTwo Bedroom One Bath2BR,1BA$0.88
College Hill Apartments2 Bedroom2BR,1.5BA$0.95
University Plaza Apartments2 BR/1 BA2BR,1BA$1.12
Hampden HallOne Bed One Bath1BR,1BA$1.38
4119 Carter Ave, Unit 4119 West Carter4119 Carter Ave1BR,1BA$0.96
Renaissance Place at Grand ApartmentsOne Bedroom Garden1BR,1BA$1.34
Preservation Square ApartmentsOne Bedroom1BR,1BA$1.38
3717-21 Westminster LLC0BR/1.0BAStudio ,1BA$1.20
Fairgrounds Park Place ApartmentsThe Cypress - 1Br / 1Ba1BR,1BA$1.19
3867 Ashland Ave, Unit 3867 1st Floor3867 Ashland Ave1BR,1BA$1.50

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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Pet Friendly Lifestyle
Fairgrounds, Saint Louis, MO

Ranked #88

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Fairgrounds, Saint Louis, MO

School data provided by Great Schools

Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Missouri including Fairgrounds, Saint Louis, and the greater St. Louis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, multifamily communities for the kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fairgrounds Apartments

What is a cheap apartment in Fairgrounds?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairgrounds is under $895.

What is the price of a cheap apartment in Fairgrounds?

The cheapest apartment in Fairgrounds is Fairgrounds Park Place Apartments which is listed at $680, while the average apartment in Fairgrounds costs $2,205.

What types of apartments are the cheapest in Fairgrounds?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 67 regular apartments in Fairgrounds that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Fairgrounds?

Cheap apartments in Fairgrounds have an average cost of $892 which is $1,313 cheaper than the average rent for all rentals in Fairgrounds.

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.

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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

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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.

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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.

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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.

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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.