Cheap Apartments for Rent in St. Louis, MO from $437 (944 Rentals)

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

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

Moving to St. Louis? Get the ultimate insider's guide to the city's neighborhoods, from the historic CWE to residential Shaw. Find your perfect apartment and settle in like a local.

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property at 2761 Gravois Ave
$650
1 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2761 Gravois Ave

St. LouisMO63118

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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From Arch to Apartment: The St. Louis Insider's Guide to Renting Near the Area's Top Employers

The St. Louis Insider's Guide to renting near BJC, WashU, Boeing, SSM Health, and Anheuser-Busch. Find your perfect neighborhood to balance commute, lifestyle, and budget.

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St. Louis's Best Affordable Neighborhoods

Learn about St. Louis and the best places to live with original content written by our St. Louis, MO Local Expert Taryn Shorr-Mckee

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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St. Louis, MO Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in St. Louis, MO

Pricing Updated: 09/27/2026

Current apartment rentals in the St. Louis, MO area range in price from $200 to $10,700 with an overall median price of $1,464. The three St. Louis neighborhoods with the lowest median rent pricing are Mark Twain at $772, Mount Pleasant at $795, and Riverview at $825. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for St. Louis Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Mark Twain$772$64919
Mount Pleasant$795$70010
Riverview$825$80012
Bevo Mill$850$75012
North Point$887$7753
Greater Ville$894$7505
Bellefontaine$895$69559
Gravois Park$895$20021
Baden$900$69532
Bel Ridge$900$70074

Cheapest Available St. Louis Apartments for Rent

 

The cheapest available apartment rental in St. Louis, MO is a 1 Bed unit found at Alexian Court in the Lasalle neighborhood priced from $200. Aboussie Pavilion in the Bevo Mill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $499. Here is today’s list of the most affordable St. Louis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alexian CourtStudio, 1 bath1BR, 1BA$200
Aboussie PavilionOne Bedroom1BR, 1BA$499
Trinity Park (NEW)1 bedroom, 1 bathroom1BR, 1BA$525
Fox Grove Management Office2x12BR, 1BA$550
The Towers at Gateway CityStudioStudio, 1BA$565
4375-4409 Chippewa4375-4409 Chippewa - 4377...1BR, 1BA$600
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio, 1BA$650
3135 Chippewa Street1BR/1.0BA1BR, 1BA$675

Best Value Apartments for Rent in St. Louis, MO

As of September 28, 2026 the best value apartment in the St. Louis area is the $0.54 price per square foot 2 Bedroom Townhome Model at Seven Hills Forest Condominiums in the Florissant neighborhood starting from $1,300. The second greatest value St. Louis apartment is the 3BR/3.0BA Model at 3717-21 Westminster in the Central West End neighborhood starting at $1,895 with a $0.81 price per square foot. Here is today’s list of the best values for St. Louis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Seven Hills Forest Condominiums2 Bedroom Townhome2BR, 2.5BA$0.54
3717-21 Westminster3BR/3.0BA3BR, 3BA$0.81
7019 Hunter Ave, Unit 27019 Hunter Ave3BR, 2BA$0.75
3808 Meramec St, Unit #23808 Meramec St2BR, 1BA$0.61
5239 Bancroft Ave5239 Bancroft Ave2BR, 1BA$0.67
Woodknoll Townhomes2BR/1.5BA2BR, 1.5BA$0.66
5126 Lexington Ave, Unit 25126 Lexington Ave2BR, 1BA$0.71
Fox Grove Management Office4x24BR, 2BA$0.74
3135 Chippewa Street1BR/1.0BA1BR, 1BA$0.71
Alexian CourtStudio, 1 bathStudio, 1BA$0.33

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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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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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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St. Louis Overview

The St. Louis area is a great place to live in the Midwest, thanks mostly in part to its central location and the fact that there is so much to do for a city of its size. Compared to most other US cities, the cost of living in St. Louis is relatively affordable and there are options for great housing in homes or apartments in St. Louis for just about any budget.

Why live in St. Louis, MO?

The variety of activities in the city and surrounding area makes St. Louis a great place for singles, as well as those with a family. Some of the elementary and high schools in the city are among the best in the nation, while the city boasts two major universities: Washington University and Saint Louis University for higher education. You get a sense of a small-town atmosphere with big city amenities almost anywhere in the city.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore St. Louis, MO Rentals by Map

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Frequently Asked Questions about Cheap St. Louis Apartments

What is a cheap apartment in St. Louis?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in St. Louis is under $675.

What is the price of a cheap apartment in St. Louis?

The cheapest apartment in St. Louis is Alexian Court which is listed at $200, while the average apartment in St. Louis costs $1,464.

What types of apartments are the cheapest in St. Louis?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16,212 regular apartments in St. Louis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in St. Louis?

Cheap apartments in St. Louis have an average cost of $646 which is $818 cheaper than the average rent for all rentals in St. Louis.

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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St. Louis Living: Your Local Expert's 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.

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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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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.