Cheap Apartments for Rent in the Lafayette Square Neighborhood of St. Louis, MO from $400 (189 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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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. Fox Grove Management Office has the second lowest priced unit, which is a 2 Beds apartment currently listed from $550. 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
Fox Grove Management Office2x12BR,1BA$550
The Towers at Gateway CityStudioStudio,1BA$550
Diplomat Apartments0 Bedroom 1 BathroomStudio,1BA$615
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio,1BA$650
The Icon ApartmentsC13BR,1BA$675
3115 Cherokee St1 Bedrooms1BR,1BA$675
Collins Terrace Apartments2 Bedroom Medium2BR,1BA$729
Downtowner ApartmentsStudioStudio,1BA$775

Best Value Apartments for Rent in Lafayette Square, MO

As of March 18, 2026 the best value apartment in the Lafayette Square area is the $0.71 price per square foot 1709 Washington Ave Model at 1709 Washington Ave, Unit 600 in the in the Lafayette Square neighborhood starting from $1,350. The second greatest value Lafayette Square 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 Lafayette Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1709 Washington Ave, Unit 6001709 Washington Ave2BR,1BA$0.71
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
Cambridge Heights Apartments I & II5 BR TH4BR,3BA$0.73
Pointe 400 ApartmentsOne Bedroom1BR,1BA$0.99
Leather TradesOne Bedroom Loft1BR,1BA$0.97
2668 Nebraska Ave, Unit 12668 Nebraska Ave2BR,1BA$1.05
Fox Grove Management Office4x24BR,2BA$0.74
Storyboard on PinePine B12BR,2BA$1.07
Collins Terrace Apartments3 Bedroom Med3BR,1BA$1.00
3246 S Compton Ave, Unit 2N3246 S Compton Ave1BR,1BA$1.04

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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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 $775.

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 $9,921.

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 320 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 $704 which is $9,217 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.

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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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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