Cheap Apartments for Rent in the Peabody Neighborhood of St. Louis, MO from $500 (47 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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property at 2317 Indiana Ave

2317 Indiana Ave

St. LouisMO63104

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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property at 2359 Menard St

2359 Menard St

St. LouisMO63104

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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Indiana Ave
1 to 2 Bedroom Apartments

Indiana Ave

2623-2625 Indiana AveSt. Louis, MO 63118
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2146-48 Victor LLC
2 to 3 Bedroom Apartments

2146-48 Victor LLC

2146-2148 Victor StSt. Louis, MO 63104

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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
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The Lofts at OPOP
1 to 3 Bedroom Apartments

The Lofts at OPOP

911 Locust StSt. Louis, MO 63101
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The Tower at OPOP
Studio to 2 Bedroom Apartments

The Tower at OPOP

411 N Eighth StSt. Louis, MO 63101
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Marquette Apartments
Studio to 2 Bedroom Apartments

Marquette Apartments

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

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

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Bordeaux
1 to 2 Bedroom Apartments

The Bordeaux

1330 Dolman StSt. Louis, MO 63104
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The Koken
1 to 2 Bedroom Apartments

The Koken

2528 Texas AveSt. Louis, MO 63104
Showing Results 1-47, 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. City Parc at Pine Senior Living has the second lowest priced unit, which is a Studio apartment currently listed from $602. 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
City Parc at Pine Senior LivingstudioStudio,1BA$602
Caroline Place Apartments1 Bed / 1 Bath- Comfort Option1BR,1BA$800
The ShelbyMarket1BR,1BA$950
Park PacificThe ArgonautStudio,1BA$975
The Georgian ApartmentsGE Julius1BR,1BA$999
1500 Menard Apartments1BR/1.0BA1BR,1BA$1,095
11th and SpruceThe ClarkStudio,1BA$1,096
Front Page LoftsRoss1BR,1BA$1,100

Best Value Apartments for Rent in Peabody, MO

As of October 27, 2025 the best value apartment in the Peabody area is the $1.06 price per square foot 801 Russell Blvd Model at 801 Russell Blvd, Unit 801 Russell in the in the Lafayette Square neighborhood starting from $2,550. The second greatest value Peabody apartment is the B4 Model at Wireworks Lofts starting at $2,115 with a $1.42 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.
801 Russell Blvd, Unit 801 Russell801 Russell Blvd3BR,2BA$1.06
Wireworks LoftsB42BR,1.5BA$1.42
1857 Russell Blvd., Unit A1857 Russell Blvd.2BR,1BA$1.15
Pointe 400 ApartmentsOne Bedroom1BR,1BA$0.99
Syndicate BuildingStabdard 1BR1BR,1BA$1.11
Storyboard on PinePine B32BR,2BA$1.23
1500 Menard Apartments1BR/1.0BA1BR,1BA$1.22
4147 Haven St, Unit 4147 Haven Street4147 Haven St1BR,1BA$1.44
Caroline Place Apartments1 Bed / 1 Bath- Comfort Option1BR,1BA$1.21
City Parc at Pine Senior LivingstudioStudio ,1BA$1.31

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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

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

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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Pet Friendly Lifestyle
Peabody, St. Louis, MO

Ranked #42

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 $834 at City Parc at Pine Senior Living.

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 $2,445.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.