
Cheap Apartments for Rent in Waynesville, MO from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Waynesville.


612 Historic 66

Shannon Valley Apartments

Woodland Hills

6580-MF48-E2

25575 17-770E

20600 Sedalia Rd

The Studios
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.

North Terrace Apartments

Cedar Ridge Apartments

Schrimpf Management

Brookshire Apartments

The Lodges at Rolla

Grandview Village

Hillcrest 90
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.

Lombard Heights Apartments

Moon City Lofts

The Greens at Springfield

Village on the Green

Peppertree Apartments

Colonial West

Catalpa East

Southern Hills Townhouses & Apartments, LLC
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.

Woodlander Apartments

Forest Cove North Apartments

Coryell Courts Apartments

Jefferson West

deVille I Properties LLC

Columns IV

16380 MO-17

192 Commercial Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Wyota Commons

260 Commercial Dr

254 Commercial Dr

206 Commercial Dr

Montauk Studios

Osage Commons

405 N Olive St

1306 U.S. Rte 66
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

210 N Pine St

115 Holly Dr

501 Hood St

97 Timbers Way
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 | $1,044 | $550 | $1,495 |
| Cheap Waynesville 1 Bedroom Apartments | $1,104 | $505 | $1,925 |
| Cheap Waynesville 2 Bedroom Apartments | $1,268 | $500 | $2,305 |
| Cheap Waynesville 3 Bedroom Apartments | $1,314 | $542 | $2,685 |
| Cheap Waynesville 4 Bedroom Apartments | $1,345 | $1,345 | $1,345 |
Browse Top Apartments in Waynesville
See all Apartments in WaynesvilleExplore Waynesville
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 |
| The Lodges at Rolla | Rent By The Room Spring/Fall 2026 | 1BR,1BA | $650 |
| Grandview Village | 1 bedroom | 1BR,1BA | $675 |
| 6580-MF48-E2 | 1BR/1.0BA | 1BR,1BA | $675 |
| The Greens at Springfield | Classic | 1BR,1BA | $755 |
| The Studios | 1 Bed 1 Bath | 1BR,1BA | $780 |
| Hillcrest 90 | 2 Bedroom | 2BR,1BA | $795 |
| Coryell Courts Apartments | Lydia 2 | Studio,1BA | $865 |
Best Value Apartments for Rent in Waynesville, MO
As of April 27, 2026 the best value apartment in the Waynesville area is the $0.71 price per square foot Deluxe Three Bedroom Apartment, Two Bath, Livin... Model at Southern Hills Townhouses & Apartments, LLC in the starting from $1,200. The second greatest value Waynesville apartment is the 2 Bedroom Townhome-Call for rates Model at deVille I Properties LLC starting at $1,200 with a $0.82 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. |
|---|---|---|---|
| Southern Hills Townhouses & Apartments, LLC | Deluxe Three Bedroom Apartment, Two Bath, Livin... | 3BR,2BA | $0.71 |
| deVille I Properties LLC | 2 Bedroom Townhome-Call for rates | 2BR,1.5BA | $0.82 |
| The Lodges at Rolla | 3 Bedroom 3 Bath Spring/Fall 2026 Pre-Lease | 3BR,3BA | $1.29 |
| 6580-MF48-E2 | 1BR/1.0BA | 1BR,1BA | $0.68 |
| Schrimpf Management | 1 Bedroom Apartments | 1BR,1BA | $0.58 |
| Hillcrest 90 | 2 Bedroom | 2BR,1BA | $0.86 |
| North Terrace Apartments | 2 x 1 Small | 2BR,1BA | $0.73 |
| Grandview Village | 1 bedroom | 1BR,1BA | $1.04 |
| Coryell Courts Apartments | Olivia 2 | Studio ,1BA | $1.48 |
| Wyota Commons West | Studios | Studio ,1BA | $1.22 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
