
Cheap Apartments for Rent in Waynesville, MO from $500 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in Waynesville.


118 Booker Rd

Pointe at Waynesville

19837 Sackett Ln

19829 Sackett Ln

19761 Sackett Ln

20316 Skyview Dr

20329 Skyview Dr

19729 Sackett Ln

19799 Sackett Ln
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

25010 Scenic Dr

20320 Skyview Dr

19706 Sackett Ln

108 Booker Rd

188-188 Shannon Valley Dr

106-106 Shannon Valley Dr

119 Edna St

Total Monthly Price
120 Sierra Cir, Unit 110B Sierra Cir

20305 Skyview Dr

20304 Skyview Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

21984 Lafayette Rd

196 Lyle Curtis Cir

612 Historic 66

Shannon Valley Apartments

Woodland Hills

6580-MF48-E2

23377 Riptide Dr

7539-MF14-E4

698 Hillside

204 Dyer Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Studios

North Terrace Apartments

Cedar Ridge Apartments

Schrimpf Management

Wyota Commons West

Brookshire Apartments

Grandview Village

Hillcrest 90

109 Carter St

105 Carter 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.

Lombard Heights Apartments

The Greens at Springfield

Village on the Green

Moon City Lofts

104 Carter St

100 Carter St

Southern Hills Town Houses and Apartments

Peppertree Apartments

Colonial West

deVille I Properties LLC
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.
Waynesville, MO Local Guide

How much does it cost to rent an apartment in Waynesville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Waynesville Studio Apartments | $1,030 | $550 | $1,705 |
| Cheap Waynesville 1 Bedroom Apartments | $1,022 | $505 | $2,243 |
| Cheap Waynesville 2 Bedroom Apartments | $1,219 | $500 | $2,267 |
| Cheap Waynesville 3 Bedroom Apartments | $1,331 | $579 | $2,260 |
| Cheap Waynesville 4 Bedroom Apartments | $1,825 | $1,825 | $1,825 |
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Waynesville, MO Local Guide
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Cheapest Available Waynesville Apartments for Rent
 The cheapest available apartment rental in Waynesville, MO is a 1 Bed unit found at Schrimpf Management priced from $550. Wyota Commons West has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Waynesville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Schrimpf Management | 1 Bedroom Apartments | 1BR,1BA | $550 |
| Wyota Commons West | Studios | Studio,1BA | $550 |
| North Terrace Apartments | 2 x 1 Small | 2BR,1BA | $575 |
| 6580-MF48-E2 | 1BR/1.0BA | 1BR,1BA | $730 |
| The Greens at Springfield | Classic | 1BR,1BA | $755 |
| Village on the Green | 1 Bed | 1BR,1BA | $765 |
| The Studios | 1 Bed 1 Bath | 1BR,1BA | $780 |
| Southern Hills Town Houses and Apartments | One Bedroom with Loft, One Bath Townhome | 1BR,1BA | $800 |
| deVille I Properties LLC | 2 bedroom 1.5 bath Apartment | 2BR,1BA | $800 |
| Moon City Lofts | Studio - Top Floor | Studio,1BA | $810 |
Best Value Apartments for Rent in Waynesville, MO
As of September 10, 2026 the best value apartment in the Waynesville area is the $0.73 price per square foot 1BR/1.0BA Model at 6580-MF48-E2 in the starting from $730. The second greatest value Waynesville apartment is the 1 Bedroom Apartments Model at Schrimpf Management starting at $550 with a $0.58 price per square foot . Here is today’s list of the best values for Waynesville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 6580-MF48-E2 | 1BR/1.0BA | 1BR,1BA | $0.73 |
| Schrimpf Management | 1 Bedroom Apartments | 1BR,1BA | $0.58 |
| Coryell Courts Apartments | Timothy 1 | 1BR,1BA | $1.20 |
| deVille I Properties LLC | 2 bedroom 1.5 bath Apartment | 2BR,1.5BA | $0.95 |
| Crosswood Apartments | 1x1 | 1BR,1BA | $1.19 |
| North Terrace Apartments | 2 x 1 Small | 2BR,1BA | $0.73 |
| Logan Heights | 1bd/1ba (walk-in closet in bathroom with tub) | 1BR,1BA | $1.50 |
| Village on the Green | 1 Bed | 1BR,1BA | $1.22 |
| The Greens at Springfield | Classic Deluxe IV (Phase II) | 1BR,1BA | $1.53 |
| Wyota Commons West | Studios | Studio ,1BA | $1.22 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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 Waynesville, MO
Waynesville East Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waynesville, MO Rentals by Map
See the most popular apartments and homes in Waynesville, MO
Frequently Asked Questions about Cheap Waynesville Apartments
What is the Cheapest Studio apartment in Waynesville?
Currently the most affordable Cheap Studio Apartment in Waynesville is at Wyota Commons West listed at $550.
How much is rent for a Cheap One Bedroom Waynesville Apartment?
The lowest price for a Cheap One Bedroom Waynesville Apartment is $550 at Schrimpf Management.
What is the lowest price for a Cheap Two Bedroom Waynesville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waynesville is starting from $575 at North Terrace Apartments.
What is the most affordable Waynesville Three Bedroom Apartment?
The best deal on a cheap Waynesville Three Bedroom Apartment rental is at Schrimpf Management and starts from $795.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.