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Apartments for Rent in Saint Louis, MO under $500

Apartments for Rent in Saint Louis, MO under $500. 15 Rentals Available
15 Rentals Available
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  • Rent specials 13 units available
    Studio $295+
    Base rent
    Verified Listing

    2500 Ohio Avenue, St. Louis, MO 63104
    Apply online • Pet friendly • Fitness center
  • 1 bd $400
    Base rent
    Verified Listing

    4574-78 Evans, St. Louis, MO 63113
    Public Transportation
  • Ask for pricing
    Income restricted
    Verified Listing

    5.0 (2)
    1405 North 16Th St., St. Louis, MO 63106
    Pet friendly • Parking • Pool
3-0-city
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Frequently asked questions

When were prices and availability in Saint Louis, MO last updated?

Prices and availability in Saint Louis, MO were last updated on 21 Jun 2026.

What are the best apartments in Saint Louis, MO?

The best apartments in Saint Louis, MO are: Arcade Apartments, The Era Collective, The Draper, Chelsea and CWE Apartments.

What type of rental buildings are in Saint Louis, MO?

In Saint Louis, 55% of the residents are renting compared to 45% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 23% of Saint Louis's rentals, 60% are small-scale complexes with under 50 units, and 17% are single-family rentals.

Renting apartments in Saint Louis, MO under $500

Searching for apartments for rent in Saint Louis, MO under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Saint Louis, MO. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Saint Louis, MO going for $295 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.