
Cheap Homes for Rent near Steelville, MO from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Steelville.


206 Commercial Dr

254 Commercial Dr

192 Commercial Dr

303 W 2nd St

6 S Center St

255 W 3rd St
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.

604 N Henderson St

610 Blair St

112 S Rolla St

208 Moss St

717 S Bond St

531 Blair St

733 Dunnigan 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.
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 | $841 | $525 | $1,500 |
| Steelville 3 Bedroom Homes for Rent | $1,525 | $690 | $2,750 |
| Steelville 4 Bedroom Homes for Rent | $1,711 | $1,250 | $2,495 |
| Steelville 5 Bedroom Homes for Rent | $1,125 | $1,125 | $1,125 |
Browse Top Homes for Rent in Steelville
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Steelville, MO Local Guide
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Cheapest Available Steelville Apartments for Rent and Nearby
 The cheapest available apartment rental in Steelville, MO is a 2 Beds unit found at Aurora Estates in the Pacific neighborhood priced from $620. 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 |
|---|---|---|---|
| Aurora Estates | 2 Beds, 1 bath | 2BR,1BA | $620 |
| The Lodges at Rolla | Rent By The Room Spring/Fall 2026 | 1BR,1BA | $650 |
| Pine View | 2beds and 1bath | 2BR,1BA | $675 |
| Trails West Apartments | 1BR | 1BR,1BA | $750 |
| Columbia Park Apartments | Columbia Park - 1 Bedroom Apartment Home | 1BR,1BA | $795 |
Best Value Apartments for Rent in Steelville, MO and Nearby
As of July 15, 2026 the best value apartment in the Steelville area is the $1.05 price per square foot 3BR-2BA Townhome Model at Icon Townhomes in the starting from $1,495. 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 Townhome | 3BR,2BA | $1.05 |
| The Lodges at Rolla | Rent By The Room Spring/Fall 2026 | 1BR,1BA | $0.46 |
| Liberty Pointe | 2 BR | 2BR,1BA | $1.04 |
| Autumn Creek | 2BR/1.0BA | 2BR,1BA | $0.93 |
| Orchard View Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.03 |
| Aurora Estates | 2 Beds, 1 bath | 2BR,1BA | $0.75 |
| Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $1.05 |
| Pine View | 2beds and 1bath | 2BR,1BA | $0.84 |
| Camden Crest | One Bedroom | 1BR,1BA | $1.12 |
| Trails West Apartments | 1BR | 1BR,1BA | $1.23 |
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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 49 Apartments for Rent in Steelville, MO with pricing that ranges from $473 to $1,950. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Steelville ranging from $525 to $2,750.
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 $525 to $2,750 with an average monthly rent of $1,209.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.