Cheap Apartments for Rent in the Peabody Neighborhood of St. Louis, MO from $500 (43 Rentals)

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

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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11th and Spruce
Rent Specials
$1,070 - $2,575
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $2,480
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

11th and Spruce

1014 Spruce StSt. Louis, MO 63102
Student Housing
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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St. Louis Living: Your Local Expert's Guide to Neighborhoods and Renting

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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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2146-2148 Victor St
2 to 3 Bedroom Apartments

2146-2148 Victor St

2146-2148 Victor StSt. Louis, MO 63104
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Publicity Flats
1 Bedroom Apartments

Publicity Flats

1133 Pine StSt. Louis, MO 63101
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Cloisters Apartments
1 to 3 Bedroom Apartments

Cloisters Apartments

2500 S 18th StSt. Louis, MO 63104
  • Utilities Included
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2511 S 9th St
2 Bedroom Apartments

2511 S 9th St

2511 S 9th StSt. Louis, MO 63104
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Marquette Apartments
Studio to 2 Bedroom Apartments

Marquette Apartments

300-314 N BroadwaySt. Louis, MO 63102
  • Utilities Included

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The Bordeaux
1 to 2 Bedroom Apartments

The Bordeaux

1330 Dolman StSt. Louis, MO 63104
  • Utilities Included
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Ballpark Heights
Studio to 2 Bedroom Apartments

Ballpark Heights

300 S BroadwaySt. Louis, MO 63102
Student Housing
Showing Results 1-43, Page 1 of 1

Peabody, St. Louis, MO Local Guide

Cheapest Available Peabody Apartments for Rent

 

The cheapest available apartment rental in the Peabody area of St. Louis, MO is a Studio unit found at The Towers at Gateway City priced from $550. Caroline Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Peabody apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
The Towers at Gateway CityStudioStudio,1BA$550
Caroline Place Apartments1 Bed / 1 Bath- Comfort Option1BR,1BA$850
The Paul Brown Loft Apartments1 Bedroom 1 Bathroom1BR,1BA$895
The ShelbyPapinStudio,1BA$965
Senate Square1 Bed / 1 Bath - Value Option1BR,1BA$1,000
Lofts at Lafayette SquareThe BrittonStudio,1BA$1,045
11th and Spruce0x1-The LouieStudio,1BA$1,046
Storyboard on PinePine B32BR,2BA$1,050
Front Page LoftsRoss1BR,1BA$1,100
The Lofts at OPOPA31BR,1BA$1,120

Best Value Apartments for Rent in Peabody, MO

As of March 23, 2026 the best value apartment in the Peabody area is the $1.44 price per square foot 3BR Model at Gallery Villas in the in the Lafayette Square neighborhood starting from $3,795. The second greatest value Peabody apartment is the 2BR/2.0BA Model at Union Club 770 starting at $1,650 with a $1.34 price per square foot in the Lafayette Square neighborhood. Here is today’s list of the best values for Peabody apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery Villas3BR3BR,2.5BA$1.44
Union Club 7702BR/2.0BA2BR,2BA$1.34
Pointe 400 ApartmentsOne Bedroom1BR,1BA$0.99
Syndicate BuildingStabdard 1BR1BR,1BA$1.11
Soulard Townhomes2BR/1.0BA2BR,1BA$1.18
1720 Chouteau Ave, Unit 4041720 Chouteau Ave2BR,2BA$1.37
Storyboard on PinePine B22BR,2BA$1.22
The Paul Brown Loft Apartments2 Bedroom 1 Bathroom2BR,2BA$1.42
Front Page LoftsRoss1BR,1BA$1.45
Caroline Place Apartments1 Bed / 1 Bath- Comfort Option1BR,1BA$1.29

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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Pet Friendly Lifestyle
Peabody, St. Louis, MO

Ranked #37

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Missouri and customized analysis for Central St. Louis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, features that make it easier to raise kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Peabody Apartments

What is the Cheapest Studio apartment in Peabody?

Currently the most affordable Cheap Studio Apartment in Peabody is at The Towers at Gateway City listed at $550.

How much is rent for a Cheap One Bedroom Peabody Apartment?

The lowest price for a Cheap One Bedroom Peabody Apartment is $650 at The Towers at Gateway City.

What is the lowest price for a Cheap Two Bedroom Peabody Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peabody is starting from $975 at The Towers at Gateway City.

What is the most affordable Peabody Three Bedroom Apartment?

The best deal on a cheap Peabody Three Bedroom Apartment rental is at The Lofts at OPOP and starts from $2,387.

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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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.

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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.