
Cheap Homes for Rent in Peabody Neighborhood of St. Louis, MO from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Peabody area of St. Louis.


2211 Indiana Ave

2211 Indiana Ave

1857 S 9th St

1523 S 10th St

1711 S 8th 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.

314 N Broadway

2731 Allen Ave

1307 Missouri Ave

1911 Sidney 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 | $1,463 | $899 | $2,000 |
| Peabody 3 Bedroom Homes for Rent | $2,432 | $1,950 | $3,500 |
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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Gateway City | Studio | Studio,1BA | $550 |
| City Parc at Pine Senior Living | studio | Studio,1BA | $602 |
| Caroline Place Apartments | 1 Bed / 1 Bath- Comfort Option | 1BR,1BA | $800 |
| The Shelby | Market | 1BR,1BA | $950 |
| Park Pacific | The Argonaut | Studio,1BA | $975 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 801 Russell Blvd, Unit 801 Russell | 801 Russell Blvd | 3BR,2BA | $1.06 |
| Wireworks Lofts | B4 | 2BR,1.5BA | $1.42 |
| 1857 Russell Blvd., Unit A | 1857 Russell Blvd. | 2BR,1BA | $1.15 |
| Pointe 400 Apartments | One Bedroom | 1BR,1BA | $0.99 |
| Syndicate Building | Stabdard 1BR | 1BR,1BA | $1.11 |
| Storyboard on Pine | Pine B3 | 2BR,2BA | $1.23 |
| 1500 Menard Apartments | 1BR/1.0BA | 1BR,1BA | $1.22 |
| 4147 Haven St, Unit 4147 Haven Street | 4147 Haven St | 1BR,1BA | $1.44 |
| Caroline Place Apartments | 1 Bed / 1 Bath- Comfort Option | 1BR,1BA | $1.21 |
| City Parc at Pine Senior Living | studio | Studio ,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.
Read ArticleDon'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
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.
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 #42
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 $8,502. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peabody ranging from $895 to $3,500.
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 $3,500 with an average monthly rent of $1,678.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

