
Cheap Homes for Rent in Steelville, MO from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Steelville.


260 Commercial Dr

206 Commercial Dr

602 MO-72
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.

6 S Center St

645 Houston Rd

610 Blair St

233 Division 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.

159 Arborview Dr
Steelville, MO Local Guide

How much does it cost to rent a home in Steelville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Steelville 2 Bedroom Homes for Rent | $947 | $525 | $1,650 |
| Steelville 3 Bedroom Homes for Rent | $1,508 | $900 | $2,400 |
| Steelville 4 Bedroom Homes for Rent | $1,774 | $995 | $2,495 |
| Steelville 5 Bedroom Homes for Rent | $1,125 | $1,125 | $1,125 |
| Steelville 6 Bedroom Homes for Rent | $1,175 | $1,175 | $1,175 |
Browse Top Homes for Rent in Steelville
Explore Steelville
Steelville, MO Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Steelville Apartments for Rent and Nearby
 The cheapest available apartment rental in Steelville, MO is a 1 Bed unit found at 217 Twin Ridge Rd priced from $625. The Lodges at Rolla has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Steelville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 217 Twin Ridge Rd | A Layout | 1BR,1BA | $625 |
| The Lodges at Rolla | Rent By The Room Spring/Fall 2026 | 1BR,1BA | $650 |
| Pine View | 2beds and 1bath | 2BR,1BA | $675 |
Best Value Apartments for Rent in Steelville, MO and Nearby
As of May 31, 2026 the best value apartment in the Steelville area is the $1.12 price per square foot 3BR-2BA Duplex Model at Icon Townhomes in the starting from $1,750. The second greatest value Steelville apartment is the Rent By The Room Spring/Fall 2026 Model at The Lodges at Rolla starting at $650 with a $0.46 price per square foot . Here is today’s list of the best values for Steelville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Icon Townhomes | 3BR-2BA Duplex | 3BR,2BA | $1.12 |
| The Lodges at Rolla | Rent By The Room Spring/Fall 2026 | 1BR,1BA | $0.46 |
| Liberty Park Apartments | Three Bedroom Two Bath | 3BR,2BA | $1.10 |
| Trails West Apartments | 2BR | 2BR,1BA | $0.94 |
| Orchard View Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.03 |
| Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $1.05 |
| Pine View | 2beds and 1bath | 2BR,1BA | $0.84 |
| Autumn Leaf Apartment Homes | 1 bedroom downstairs | 1BR,1BA | $1.24 |
| Camden Crest | One Bedroom | 1BR,1BA | $1.12 |
| Heisel Apartments & Townhouses | 1BR Apartments | 1BR,1BA | $1.16 |
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.
Best Local Schools in Steelville, MO
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Steelville, MO Rentals by Map
See the most popular apartments and homes in Steelville, MO
Frequently Asked Questions about Steelville
What type of rentals are currently available in Steelville?
There are currently 46 Apartments for Rent in Steelville, MO with pricing that ranges from $625 to $1,952. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Steelville ranging from $298 to $2,495.
What is the current price range for Rental Homes in Steelville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Steelville ranges from $298 to $2,495 with an average monthly rent of $1,164.
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

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.

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.