
Cheap Homes for Rent in Peabody Neighborhood of St. Louis, MO from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Peabody area of St. Louis.


2633 Russell Blvd

8836 Ramona Lake Dr

1857 S 9th St

314 N Broadway

2725 Allen Ave
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.

1014 Spruce St

300 S Broadway

1714 S Tucker Blvd

300 S Broadway

1720 Chouteau Ave

1006 Olive St
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.
Peabody, St. Louis, MO Local Guide

How much does it cost to rent a home in Peabody?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peabody 2 Bedroom Homes for Rent | $1,602 | $950 | $2,300 |
| Peabody 3 Bedroom Homes for Rent | $1,947 | $1,595 | $2,475 |
| Peabody 4 Bedroom Homes for Rent | $3,695 | $3,695 | $3,695 |
| Peabody 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Peabody Neighborhood of St. Louis, MO.
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Peabody, St. Louis, MO Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Gateway City | Studio | Studio,1BA | $550 |
| Caroline Place Apartments | 1 Bed / 1 Bath- Comfort Option | 1BR,1BA | $850 |
| The Paul Brown Loft Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $895 |
| 11th and Spruce | The Clark | Studio,1BA | $967 |
| Park Pacific | The Argonaut | Studio,1BA | $975 |
Best Value Apartments for Rent in Peabody, MO
As of February 01, 2026 the best value apartment in the Peabody area is the $1.03 price per square foot 2401 S 11th St Model at 2401 S 11th St, Unit 3F in the in the Lafayette Square neighborhood starting from $1,950. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2401 S 11th St, Unit 3F | 2401 S 11th St | 3BR,2BA | $1.03 |
| Union Club 770 | 2BR/2.0BA | 2BR,2BA | $1.34 |
| Pointe 400 Apartments | One Bedroom | 1BR,1BA | $0.99 |
| Syndicate Building | Stabdard 1BR | 1BR,1BA | $1.11 |
| 1500 Menard Apartments | 2BR/1.0BA | 2BR,1BA | $1.18 |
| Storyboard on Pine | Pine B3 | 2BR,2BA | $1.23 |
| The Paul Brown Loft Apartments | 2 Bedroom 1 Bathroom | 2BR,2BA | $1.42 |
| The Lofts at OPOP | A2 | 1BR,1BA | $1.50 |
| Front Page Lofts | Ross | 1BR,1BA | $1.45 |
| Caroline Place Apartments | 1 Bed / 1 Bath- Comfort Option | 1BR,1BA | $1.29 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleLocal 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
Read ArticleQuick 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.
Pet Friendly LifestylePeabody, St. Louis, MO
Ranked #38
Among cities in Missouri for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Peabody
What type of rentals are currently available in Peabody?
There are currently 165 Apartments for Rent in Peabody, MO with pricing that ranges from $550 to $7,935. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peabody ranging from $900 to $3,695.
What is the current price range for Rental Homes in Peabody?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peabody ranges from $900 to $3,695 with an average monthly rent of $2,235.
How much are larger Three and Four Bedroom Rentals in Peabody?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Peabody range from $1,600 to $5,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,475. Four Bedroom Single-Family rentals are also available starting from $3,695 and Four Bedroom Apartments start at $3,650.
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

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.

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.

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.

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.