Cheap Apartments for Rent in Urbana, MO from $400 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Wyota Commons West
Studio Apartments

Wyota Commons West

2071 W Elm StLebanon, MO 65536
  • Utilities Included
close
View Me
Wyota Commons
Studio Apartments

Wyota Commons

1221 Millcreek RdLebanon, MO 65536
  • Utilities Included

Urbana, MO Local Guide

Cheapest Available Urbana Apartments for Rent and Nearby

 

The cheapest available apartment rental in Urbana, MO is a 3 Beds unit found at Park East - The Sterling in the Central neighborhood priced from $550. North Terrace Apartments in the Northeast neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable Urbana apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park East - The SterlingThe Rathskellar3BR,3BA$550
North Terrace Apartments2 x 1 Small2BR,1BA$575
Park East - CrescoGlass2BR,2BA$615
Oak Place1 bedroom1BR,1BA$625
El MadridEl Madrid StudioStudio,1BA$675
El Chaparral ApartmentsEl Chaparral 1 Bedroom, 1 Bathroom1BR,1BA$695
Embassy Apartments1 Bed/1 Bath! Embassy Apartments - Close to MS...1BR,1BA$699
The Greens at SpringfieldClassic1BR,1BA$755
Spirit of St. LouisStudio1BR,1BA$795
SoEl District LoftsStudio/1 Bath/Floorplan BStudio,1BA$799

Best Value Apartments for Rent in Urbana, MO and Nearby

As of September 14, 2025 the best value apartment in the Urbana area is the $0.97 price per square foot 3x2 Model at Summit Park in the starting from $1,595. The second greatest value Urbana apartment is the 3 Bedroom/3 Bath, June 1 Model at Bear Place starting at $1,500 with a $1.00 price per square foot in the Central neighborhood. Here is today’s list of the best values for Urbana apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summit Park3x23BR,2BA$0.97
Bear Place3 Bedroom/3 Bath, June 13BR,3BA$1.00
Parkway Townhouses3 Bed 2 Bath3BR,2BA$1.18
Artifacts Warehouse Lofts3 Bedroom3BR,2BA$1.13
1325 E Cherry St2 bed 2 bath, Aug 1st2BR,2BA$0.96
All the things are found at Silver Springs2.1.5 (1,100)2BR,1.5BA$0.89
The 505 (MO)2 BEDROOM, 2 BATH2BR,2BA$0.78
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Elevate Student Living - Deep ElmD12BR,2BA$0.97
Embassy Apartments1 Bed/1 Bath! Embassy Apartments - Close to MS...1BR,1BA$1.04

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Urbana, MO Rentals by Map

View Map
Urbana, MO Apartments Map
View Map
Urbana, MO Rental Homes Map

Getting Around Urbana, MO

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Urbana Apartments

What is the Cheapest Studio apartment in Urbana?

Currently the most affordable Cheap Studio Apartment in Urbana is at Park East - The Sterling listed at $660.

How much is rent for a Cheap One Bedroom Urbana Apartment?

The lowest price for a Cheap One Bedroom Urbana Apartment is $625 at Oak Place.

What is the lowest price for a Cheap Two Bedroom Urbana Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Urbana is starting from $575 at North Terrace Apartments.

What is the most affordable Urbana Three Bedroom Apartment?

The best deal on a cheap Urbana Three Bedroom Apartment rental is at Park East - The Sterling and starts from $550.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.