Cheap Apartments for Rent in St. Louis, MO from $300 (835 Rentals)

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

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.

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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 3664 Neosho St

$700 - $750

1 Bedroom Rentals

Available Now

3664 Neosho St

St. LouisMO63116

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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3333 Lawn Ave
$725 - $850
Total Monthly Price

Total Monthly Price

Base Rent
$725 - $850
Total Monthly Price
$725 - $850
Studio Apartment Available Now

3333 Lawn Ave

3333 Lawn AveSt. Louis, MO 63139
Affordability

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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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, MO Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in St. Louis, MO

Pricing Updated: 05/03/2026

Current apartment rentals in the St. Louis, MO area range in price from $281 to $9,225 with an overall median price of $3,277. The three St. Louis neighborhoods with the lowest median rent pricing are Dellwood at $674, Providence at $750, and Near North Riverfront at $695. 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
Dellwood$980$67444
Providence$1,050$7504
Near North Riverfront$1,095$69511
Baden$1,150$60024
College Hill$1,160$65028
Northampton$1,190$72511
Willow Walk$1,195$7407
Mount Pleasant$1,200$65014
Glasgow Village$1,202$525367
Ellendale$1,207$77510

Cheapest Available St. Louis Apartments for Rent

 

The cheapest available apartment rental in St. Louis, MO is a 1 Bed unit found at Aboussie Pavilion in the Bevo Mill neighborhood priced from $499. The Towers at Gateway City in the Lafayette Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $515. Here is today’s list of the most affordable St. Louis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aboussie PavilionOne Bedroom1BR,1BA$499
The Towers at Gateway CityStudioStudio,1BA$515
Trinity Park1 bedroom, 1 bathroom1BR,1BA$525
Fox Grove Management Office2x12BR,1BA$550
The Railton ApartmentsOne Bedroom Apartment1BR,1BA$561
Rivers Edge ApartmentsEfficiencyStudio,1BA$625
The Regency at Saint LouisStudioStudio,1BA$649
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio,1BA$650

Best Value Apartments for Rent in St. Louis, MO

As of May 03, 2026 the best value apartment in the St. Louis area is the $0.64 price per square foot single family home Model at 14 Parkland Pl in the in the Lewis Place neighborhood starting from $1,800. The second greatest value St. Louis apartment is the 2 Bedroom Townhome Model at Seven Hills Forest Condominiums starting at $1,300 with a $0.54 price per square foot in the Florissant Old Town neighborhood. 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.
14 Parkland Plsingle family home5BR,3BA$0.64
Seven Hills Forest Condominiums2 Bedroom Townhome2BR,2.5BA$0.54
3617 Tennessee Ave, Unit 2f3617 Tennessee Ave3BR,1BA$0.59
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
2137 Geyer Ave, Unit A2137 Geyer Ave2BR,1BA$0.73
2102 Chippewa St, Unit 12102 Chippewa St1BR,1BA$0.65
5126 Lexington Ave, Unit 25126 Lexington Ave2BR,1BA$0.75
Fox Grove Management Office4x24BR,2BA$0.74

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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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See the most popular apartments and homes in St. Louis, MO

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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 $650.

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

The cheapest apartment in St. Louis is Aboussie Pavilion which is listed at $499, while the average apartment in St. Louis costs $3,277.

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 13,246 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 $615 which is $2,662 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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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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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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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

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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.

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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.

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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.

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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.