Cheap Apartments for Rent in the Lafayette Square Neighborhood of St. Louis, MO from $400 (204 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio,1BA$650
Collins Terrace Apartments1 Bedroom Small1BR,1BA$663
Gateway on GrandC13BR,1BA$675
3115 Cherokee St1 Bedrooms1BR,1BA$675

Best Value Apartments for Rent in Lafayette Square, MO

As of January 31, 2026 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 5 BR TH Model at Cambridge Heights Apartments I & II starting at $1,190 with a $0.73 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
Cambridge Heights Apartments I & II5 BR TH4BR,3BA$0.73
2342 Arkansas Ave, Unit Tower Grove East2342 Arkansas Ave3BR,1BA$0.89
Pointe 400 ApartmentsOne Bedroom1BR,1BA$0.99
Leather TradesOne Bedroom Loft1BR,1BA$0.97
Fox Grove Management Office4x24BR,2BA$0.74
3451 Iowa Ave, Unit 34513451 Iowa Ave1BR,1BA$0.84
Coronado Place and TowersThe Platinum2BR,2BA$0.76
1722 Nebraska Ave, Unit 2nd floor1722 Nebraska Ave1BR,1BA$0.89
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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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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Quick Rent Budget Calculator

How much rent can you afford?

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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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!

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 $675.

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 $5,144.

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 220 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 $298 which is $4,846 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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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.

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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.