
Cheap Apartments for Rent in the Madison Park Neighborhood of Saint Peters, MO from $1,000 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison Park area of Saint Peters.


Vanderbilt Apartments

Traditions At Mid Rivers

Total Monthly Price
Station at St Peters
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.

101-135 Park Charles Blvd S

Sterling Heights Apartments

Prairie Point

Vida Apartments
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.
Madison Park, St. Peters, MO Local Guide

How much does it cost to rent an apartment in Madison Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Park 1 Bedroom Apartments | $1,505 | $1,063 | $1,685 |
| Madison Park 2 Bedroom Apartments | $1,780 | $1,223 | $2,525 |
| Madison Park 3 Bedroom Apartments | $2,104 | $1,725 | $2,800 |
| Madison Park 4 Bedroom Apartments | $2,433 | $2,299 | $2,568 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Madison Park Neighborhood of Saint Peters, MO.
See all Apartments in Saint PetersExplore Saint Peters
Madison Park, St. Peters, MO Local Guide
- Nearby Saint Peters neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Madison Park Apartments for Rent
 The cheapest available apartment rental in the Madison Park area of St. Peters, MO is a 1 Bed unit found at Sterling Heights Apartments priced from $1,063. Vanderbilt Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,158. Here are the most affordable Madison Park apartments for rent in St. Peters, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sterling Heights Apartments | 1 Bedroom Garden | 1BR,1BA | $1,063 |
| Vanderbilt Apartments | Belmont | 1BR,1BA | $1,158 |
| Prairie Point | The Sunswept | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Madison Park, MO
As of June 06, 2026 the best value apartment in the Madison Park area is the $1.74 price per square foot Vail III Model at Alpine Heights in the in the OFallon St Charles neighborhood starting from $2,650. The second greatest value Madison Park apartment is the Tuscany Model at The Reserve At Mid Rivers starting at $2,078 with a $1.37 price per square foot in the OFallon St Charles neighborhood. Here is today’s list of the best values for Madison Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Alpine Heights | Vail III | 3BR,2.5BA | $1.74 |
| The Reserve At Mid Rivers | Tuscany | 3BR,2BA | $1.37 |
| Aventura at Mid Rivers | C1 | 3BR,2BA | $1.51 |
| Prairie Point | The Ridgeland | 2BR,1BA | $1.58 |
| Vida Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.42 |
| Vanderbilt Apartments | Secretariat | 2BR,2BA | $1.65 |
| Harmony Ridge Apartments | 1 BD/1BA Townscape-Willowpoint | 1BR,1BA | $1.91 |
| Traditions At Mid Rivers | Garland 2 | 1BR,1BA | $1.75 |
| Station at St Peters | 1 Bed 1 Bath | 1BR,1BA | $1.86 |
| Sterling Heights Apartments | 2 Bedroom Garden | 2BR,1BA | $1.63 |
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 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 LifestyleMadison Park, Saint Peters, MO
Ranked #7
Among cities in Missouri for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Madison Park Apartments
What is the price of a cheap apartment in Madison Park?
The cheapest apartment in Madison Park is Sterling Heights Apartments which is listed at $1,063, while the average apartment in Madison Park costs $2,299.
What types of apartments are the cheapest in Madison Park?
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 1 regular apartments in Madison Park 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 Madison Park?
Cheap apartments in Madison Park have an average cost of $172 which is $2,127 cheaper than the average rent for all rentals in Madison Park.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.