Cheap Apartments for Rent in the Lafayette Square Neighborhood of St. Louis, MO from $400 (208 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lafayette Square area of St. Louis.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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From Arch to Apartment: The St. Louis Insider's Guide to Renting Near the Area's Top Employers

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Lafayette Square, St. Louis, MO Local Guide

Cheapest Available Lafayette Square Apartments for Rent

 

The cheapest available apartment rental in the Lafayette Square 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 Lafayette Square 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
Grand South SeniorOne Bedroom1BR,1BA$653
Gateway on GrandC13BR,1BA$675
Collins Terrace Apartments1 Bedroom Large1BR,1BA$681
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio,1BA$699
Diplomat Apartments1 Bedroom 1 Bathroom1BR,1BA$750

Best Value Apartments for Rent in Lafayette Square, MO

As of December 17, 2025 the best value apartment in the Lafayette Square 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 Lafayette Square apartment is the One Bedroom Model at Pointe 400 Apartments starting at $1,222 with a $0.99 price per square foot in the Lafayette Square neighborhood. Here is today’s list of the best values for Lafayette Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
Pointe 400 ApartmentsOne Bedroom1BR,1BA$0.99
Fashion Square IB22BR,1BA$1.11
Fox Grove Management Office4x24BR,2BA$0.74
3453 Iowa Ave, Unit 3451 A3453 Iowa Ave1BR,1BA$0.92
Coronado Place and TowersThe Platinum2BR,2BA$0.76
3014 Pennsylvania Ave, Unit 3014 A3014 Pennsylvania Ave2BR,1BA$1.06
1722 Nebraska Ave, Unit 2nd floor1722 Nebraska Ave1BR,1BA$0.89
Collins Terrace Apartments1 Bedroom Large1BR,1BA$1.05
The Railton ApartmentsOne Bedroom Apartment1BR,1BA$0.89

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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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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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lafayette Square, St. Louis, MO

Ranked #2

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
Lafayette Square, St. Louis, MO

School data provided by Great Schools

Lifestyle Ratings

Our team is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States including Lafayette Square, St. Louis, and the greater St. Louis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, apartment complexes for the kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Lafayette Square Neighborhood in St. Louis, MO

Walk Score®

85 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

63 / 100

Bikeable

Some bike infrastructure

Transit Score®

51 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lafayette Square Apartments

What is a cheap apartment in Lafayette Square?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lafayette Square is under $750.

What is the price of a cheap apartment in Lafayette Square?

The cheapest apartment in Lafayette Square is The Railton Apartments which is listed at $418, while the average apartment in Lafayette Square costs $2,974.

What types of apartments are the cheapest in Lafayette Square?

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 241 regular apartments in Lafayette Square 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 Lafayette Square?

Cheap apartments in Lafayette Square have an average cost of $368 which is $2,606 cheaper than the average rent for all rentals in Lafayette Square.

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

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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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!