
Cheap Apartments for Rent in Waynesville, MO from $400 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Waynesville.


1809-A U.S. Route 66, Unit 1

The Pointe at Waynesville

134 Edna St

117 Edna St

179 Lyle Curtis Cir

26311 Samantha Ln

113 Edna St

612 Historic 66

Shannon Valley Apartments
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.

Woodland Hills

206 Swedeborg Rd

25575 17-770E

Liberty Ridge Apartments

802 U.S. Rte 66

204 Dyer Dr

The Studios

North Terrace Apartments

Cedar Ridge Apartments

Schrimpf Management
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.

Brookshire Apartments

The Lodges at Rolla

Grandview Village

Hillcrest 90

Lombard Heights Apartments

The Greens at Springfield

Village on the Green

Moon City Lofts

Peppertree Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Colonial West

Catalpa East

Forest Cove North Apartments

Woodlander Apartments

Coryell Courts Apartments

Jefferson West

Southern Hills Town Houses and Apartments

deVille I Properties LLC

Logan Heights

Rolla Senior Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Liberty Park Apartments

Oak Point Townhomes

The Courtyards at Cherry Creek

Columns IV

3871 CR 5640

192 Commercial Dr

260 Commercial Dr

206 Commercial Dr

254 Commercial Dr

Wyota Commons
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.
Waynesville, MO Local Guide

How much does it cost to rent an apartment in Waynesville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waynesville Studio Apartments | $1,035 | $550 | $1,465 |
| Waynesville 1 Bedroom Apartments | $1,055 | $505 | $1,915 |
| Waynesville 2 Bedroom Apartments | $1,255 | $500 | $1,630 |
| Waynesville 3 Bedroom Apartments | $1,303 | $542 | $2,595 |
| Waynesville 4 Bedroom Apartments | $1,345 | $1,345 | $1,345 |
Browse Top Apartments in Waynesville
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Waynesville, MO Local Guide
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Cheapest Available Waynesville Apartments for Rent and Nearby
 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 |
| The Lodges at Rolla | Rent By The Room Spring/Fall 2026 | 1BR,1BA | $650 |
| Liberty Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $730 |
| The Greens at Springfield | Classic | 1BR,1BA | $755 |
| The Studios | 1 Bed 1 Bath | 1BR,1BA | $780 |
| Catalpa East | Catalpa 2 Bedroom, 2 Bathroom | 2BR,2BA | $845 |
| Coryell Courts Apartments | Lydia 2 | Studio,1BA | $865 |
| Southern Hills Town Houses and Apartments | Two Bedroom, Two Bath Townhome with Living Room... | 2BR,2BA | $900 |
Best Value Apartments for Rent in Waynesville, MO and Nearby
As of June 11, 2026 the best value apartment in the Waynesville area is the $0.82 price per square foot 2 Bedroom Townhome Model at deVille I Properties LLC in the starting from $1,210. The second greatest value Waynesville 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 Waynesville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| deVille I Properties LLC | 2 Bedroom Townhome | 2BR,1.5BA | $0.82 |
| The Lodges at Rolla | Rent By The Room Spring/Fall 2026 | 1BR,1BA | $0.46 |
| Southern Hills Town Houses and Apartments | Two Bedroom, Two Bath Townhome with Living Room... | 2BR,2BA | $0.69 |
| Liberty Park Apartments | Three Bedroom Two Bath | 3BR,2BA | $1.10 |
| Liberty Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $0.73 |
| Schrimpf Management | 1 Bedroom Apartments | 1BR,1BA | $0.58 |
| Catalpa East | Catalpa 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.07 |
| North Terrace Apartments | 2 x 1 Small | 2BR,1BA | $0.73 |
| Coryell Courts Apartments | Olivia 2 | Studio ,1BA | $1.46 |
| 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 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 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

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.

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.
