Cheap Apartments for Rent in the Fairgrounds Neighborhood of Saint Louis, MO from $500 (62 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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property at 4578 Evans Ave

$975

1 To 2 Bedroom Rentals

Available Now

4578 Evans Ave

St. LouisMO63113

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 4012 Penrose St

$1,100

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 1 Bath Home for Rent

Available Now

4012 Penrose St

St. LouisMO63107
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Hyde Park Village
1 to 2 Bedroom Apartments

Hyde Park Village

4040 Peck StSt. Louis, MO 63107
Senior Living
  • Utilities Included

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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Lucas Heights
1 to 2 Bedroom Apartments

Lucas Heights

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

PT Bosley Estates

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

The Michelangelo

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

Archway Commons

2707 Rauschenbach AveSt. Louis, MO 63106
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Maryland Lofts
Studio to 1 Bedroom Apartments

Maryland Lofts

4340 Maryland AveSt. Louis, MO 63108
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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
  • 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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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
3717-21 Westminster LLC0BR/1.0BAStudio,1BA$825
Gallery Central West EndRegular StudioStudio,1BA$865
Sullivan Place Apartments1 Bed, 1 bath1BR,1BA$895
4415 Pershing Ave.StudioStudio,1BA$900

Best Value Apartments for Rent in Fairgrounds, MO

As of May 27, 2026 the best value apartment in the Fairgrounds area is the $1.24 price per square foot 4400 Delmar Blvd Model at 4400 Delmar Blvd, Unit 4400 Delmar in the in the Cheltenham neighborhood starting from $1,800. The second greatest value Fairgrounds apartment is the 2030 E Fair Ave Model at 2030 E Fair Ave, Unit Fair ave starting at $600 with a $0.50 price per square foot in the Lewis Place 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.
4400 Delmar Blvd, Unit 4400 Delmar4400 Delmar Blvd3BR,1BA$1.24
2030 E Fair Ave, Unit Fair ave2030 E Fair Ave2BR,1BA$0.50
Homer G. Phillips Apartments for 55 and olderTwo Bedroom One Bath2BR,1BA$0.88
1527 E Grand Blvd2 bed2BR,1.5BA$0.88
College Hill Apartments2 Bedroom2BR,1.5BA$0.95
University Plaza Apartments2 BR/1 BA2BR,1BA$1.12
4403 Richard Pl, Unit 4403 Richard Place4403 Richard Pl1BR,1BA$1.10
4119 Carter Ave, Unit 4119 West Carter4119 Carter Ave1BR,1BA$0.96
3717-21 Westminster LLC0BR/1.0BAStudio ,1BA$1.24
Fairgrounds Park Place ApartmentsThe Cypress - 1Br / 1Ba1BR,1BA$1.19

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
Fairgrounds, Saint Louis, MO

Ranked #73

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 $900.

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 $1,999.

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 44 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 $991 which is $1,008 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.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.