
Cheap Homes for Rent in Peabody Neighborhood of St. Louis, MO from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Peabody area of St. Louis.


1223 Sidney St, Unit 3F

1857 S 9th St

2827-2829 Indiana Ave

1855 Russell Blvd
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.

1200 Allen Ave

1703 S 9th St

1707 S 9th St

1701 S 9th St

1705 S 9th St
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.

1006 Olive St, Unit 702
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 | $1,885 | $1,299 | $2,400 |
| Peabody 3 Bedroom Homes for Rent | $2,058 | $2,000 | $2,175 |
| Peabody 4 Bedroom Homes for Rent | $3,622 | $3,622 | $3,622 |
| Peabody 5 Bedroom Homes for Rent | $2,595 | $2,595 | $2,595 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 $515. Caroline Place 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 | $515 |
| Caroline Place | A1 | 1BR,1BA | $850 |
| Arcade Apartments | I-AHL | 1BR,1BA | $925 |
| The Shelby | Papin | Studio,1BA | $965 |
| 11th and Spruce | 0x1-The Clark | Studio,1BA | $968 |
Best Value Apartments for Rent in Peabody, MO
As of May 07, 2026 the best value apartment in the Peabody area is the $0.52 price per square foot Two Bedroom Model at Pointe 400 Apartments in the in the Lafayette Square neighborhood starting from $1,481. The second greatest value Peabody apartment is the 2205 S 11th St Model at 2205 S 11th St, Unit A starting at $2,300 with a $1.02 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. |
|---|---|---|---|
| Pointe 400 Apartments | Two Bedroom | 2BR,2BA | $0.52 |
| 2205 S 11th St, Unit A | 2205 S 11th St | 3BR,2BA | $1.02 |
| Gallery Villas | 2BR | 2BR,2BA | $1.22 |
| 2137 Geyer Ave, Unit Unit A | 2137 Geyer Ave | 2BR,1BA | $0.73 |
| Union Club 770 | 2BR/2.0BA | 2BR,2BA | $1.34 |
| Syndicate Building | Stabdard 1BR | 1BR,1BA | $1.11 |
| The Lofts at OPOP | A7 | 1BR,2BA | $1.08 |
| 1500 Menard Apartments | 2BR/1.0BA | 2BR,1BA | $1.29 |
| Storyboard on Pine | Pine B2 | 2BR,2BA | $1.22 |
| Caroline Place | A1 | 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 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 ArticleReal 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.
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 #43
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 170 Apartments for Rent in Peabody, MO with pricing that ranges from $515 to $7,935. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peabody ranging from $895 to $3,622.
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 $895 to $3,622 with an average monthly rent of $2,299.
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 $2,000 to $2,175. Four Bedroom Single-Family rentals are also available starting from $3,622 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.
Helpful Local Expert Guides

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.

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.

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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.