Cheap Apartments for Rent in the Lemay Neighborhood of Saint Louis, MO from $500 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lemay 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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721 Schirmer St
1 Bedroom Apartments

721 Schirmer St

721 Schirmer StSt. Louis, MO 63111
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Germania on the Green
1 Bedroom Apartments

Germania on the Green

4101-4141 Germania StSt. Louis, MO 63116
  • Utilities Included

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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La Salette Apartments
1 to 2 Bedroom Apartments

La Salette Apartments

4215 La Salette DrSt. Louis, MO 63123
  • Utilities Included
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Benedict Estates
1 to 2 Bedroom Apartments

Benedict Estates

4117 Grasso AveSt. Louis, MO 63123
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Temtor Lofts
1 to 3 Bedroom Apartments

Temtor Lofts

8125 Michigan AveSt. Louis, MO 63111

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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Vescovo Townhomes
3 Bedroom Apartments

Vescovo Townhomes

3605-3685 Vescovo DrSt. Louis, MO 63125
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Hallmark Apartments
1 to 2 Bedroom Apartments

Hallmark Apartments

3600 Hallmark LnSt. Louis, MO 63125
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7500 Morganford Rd
1 to 2 Bedroom Apartments

7500 Morganford Rd

7500 Morganford RdSt. Louis, MO 63116
Senior Living

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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Lemay, St. Louis, MO Local Guide

Cheapest Available Lemay Apartments for Rent

 

The cheapest available apartment rental in the Lemay area of St. Louis, MO is a 1 Bed unit found at Jefferson Townhomes priced from $795. Kingston Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here are the most affordable Lemay apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Jefferson TownhomesOne Bedroom Garden1BR,1BA$795
Kingston ApartmentsStudioStudio,1BA$849
Greenway Trail ApartmentsSave up to $500 off Move In Costs with your EXC...1BR,1BA$1,000
Temtor Lofts#2022BR,2BA$1,150
ReNew Cross Creek1 Bed 1 Bath Washer Dryer1BR,1BA$1,209

Best Value Apartments for Rent in Lemay, MO

As of June 08, 2026 the best value apartment in the Lemay area is the $1.40 price per square foot 2BR/2.0BA Model at Lyon Apartments in the in the Princeton Heights neighborhood starting from $1,500. The second greatest value Lemay apartment is the #202 Model at Temtor Lofts starting at $1,150 with a $1.17 price per square foot in the Carondelet neighborhood. Here is today’s list of the best values for Lemay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lyon Apartments2BR/2.0BA2BR,2BA$1.40
Temtor Lofts#2022BR,2BA$1.17
ReNew Cross Creek1 Bed 1 Bath Washer Dryer1BR,1BA$1.41
Greenway Trail ApartmentsSave up to $500 off Move In Costs with your EXC...1BR,1BA$1.33
Jefferson TownhomesOne Bedroom Garden1BR,1BA$1.30
Kingston ApartmentsStudioStudio ,1BA$2.46

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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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
Lemay, Saint Louis, MO

School data provided by Great Schools

Frequently Asked Questions about Cheap Lemay Apartments

What is a cheap apartment in Lemay?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lemay is under $1,500.

What is the price of a cheap apartment in Lemay?

The cheapest apartment in Lemay is Jefferson Townhomes which is listed at $795, while the average apartment in Lemay costs $6,355.

What types of apartments are the cheapest in Lemay?

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 13 regular apartments in Lemay that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.