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Apartments for Rent in Saint Louis, MO under $500 – 60 Rentals available

  • Apartment
    11185 Oak Parkway Lane, Spanish Lake, MO 63138
    $500 - $850
    • 1-3 Beds
    • 1-2 Baths
    Available Today!
    (833) 285-0935
  • Apartment
    1405 North 16Th Street, St. Louis, MO 63106
    $492 - $945
    • 1-3 Beds
    • 1-2 Baths
    McCormack Baron Management, Inc.
    (314) 421-6387
  • Townhouse
    1708 San Remo Ct., St. Louis, MO 63138
    $499 - $925
    • 1-3 Beds
    • 1-1.5 Baths
    R Communities
    (314) 741-7447
  • Apartment
    905 Eastgate Ave., St. Louis, MO 63130
    • Studio
    • 1 Bath
    (314) 935-9511
  • Apartment
    901 Eastgate Ave., St. Louis, MO 63130
    • Studio
    • 1 Bath
    (314) 935-9511

Popular Searches

Saint Louis, MO Demographics

  • Total Population920,537
  • Female 438,523
    Male 482,014
  • Median Age36.4

Average Rent in Saint Louis, MO

  • Saint Louis, MO Average Rental Price, May 2019$943/mo

Saint Louis, MO Apartment Rent Ranges

  • < $5003%
  • $501-$70032%
  • $701-$1,00035%
  • $1,001-$1,50021%
  • $1,501-$2,0006%
  • > $2,0003%

Saint Louis, MO Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 May / 2019
Saint Louis, MO $871 $884 $883 $890 $909 $911 $924 $926 $943
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
/

Average rent is projected to grow by 3% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from the following zip codes: 63101631026310363104631056310663107631086310963110631116311263113631146311563116631176311863119631206312163122631236312463125631266312763128631296313063131631326313363134631356313663137631386313963140631416314363144631466314763155

Check out the average rent prices in Saint Louis by neighborhood.

Saint Louis, MO Households

  • Total Number of Households389,736
  • Family 218,591
    Non-family 171,146
  • Children 103,021
    No Children 286,715
  • Average People Per Household2.36
  • Median Household Income$47,780
  • Median Housing Costs Per Month$879

Saint Louis, MO Education Statistics

  • No High School3%
  • Some High School30%
  • Some College25%
  • Associate Degree7%
  • Bachelor Degree21%
  • Graduate Degree15%

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, RENTCafé 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. In Saint Louis, MO, where the average rent is $701 per month, there are 62 units available for less than $500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

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 $492 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.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!