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Cheap Apartments for Rent in Saint Louis, MO - 326 Rentals available

Apartments Under $500

Apartments Under $600

Apartments Under $700


St. Louis’s average rent reached $967 in December

St. Louis’s average rent reached $967 in December, after a 1.2% increase since last year. One of Missouri’s largest job hubs and a renter household-majority city (57%), St. Louis is a desirable place to live and work in, with apartment prices well below the national average of $1,462. [View Full Report]

Saint Louis apartment rent report

St. Louis’s average rent was $967 in December

St. Louis’s average rent reached $967 in December, after a 1.2% increase since last year. One of Missouri’s largest job hubs and a renter household-majority city (57%), St. Louis is a desirable place to live and work in, with apartment prices well below the national average of $1,462.

The average rent for an apartment in St. Louis saw a smaller increase compared to St. Charles ($1,018), where prices went up by 3.1% since last year, and O’Fallon ($1,117), where rent went up by 4.0%.

St. Louis apartment rent report

What it costs to rent in the largest renter hubs in the St. Louis area

The city with the largest renter share is St. Louis (57%), followed by St. Ann, where there are 45% renter households. In St. Ann, apartment rents increased by 10.1% since last year, reaching $771. Maryland Heights, with an average rent of $988, has the third largest share of renters (44%) and has experienced a rent increase of 1.9% since December 2019. In Hazelwood, where 41% of properties are rented, the average is $793, going up by 4.1% in the past year. St. Charles has the fifth largest renter share, 36%.

The priciest and cheapest cities for renters in the St. Louis area

Chesterfield is the priciest city for renters in the St. Louis area, with apartments renting for $1,230 per month. The average rent for apartments in Creve Coeur is $1,219, the second most expensive, while O’Fallon ($1,117) comes in third.

For renters in search of budget-friendly apartments, St. Ann’s $771 average rent is the cheapest in the St. Louis area followed by Hazelwood’s $793 rate. Florissant rentals are the third least pricey on the list, with an $812 average.

St. Louis apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in Saint Louis, MO?

The price range of a cheap apartment is between $418 and $2,838. Find cheap apartments in Saint Louis, MO.

How many cheap rentals are available in Saint Louis, MO on RENTCafé?

There are 299 cheap rentals available on RENTCafé. Prices and availability in Saint Louis, MO were last updated on 15 Jan 2021.

What is the average size of a cheap apartment in Saint Louis, MO?

The average Saint Louis, MO cheap apartment size is 802 sq. ft.

What are the advantages of renting a cheap apartment in Saint Louis, MO?

Cheap apartments in Saint Louis, MO are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Saint Louis, MO?

A cheap apartment in Saint Louis, MO offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Saint Louis, MO.

Renting a Cheap Apartment in St. Louis

On the banks of the Mississippi River, St. Louis is a great city for business, sports, education and research. Founded as a port city, St. Louis has seen a population decline over the last half-century. Economic generators include manufacturing, services and tourism. There are 79 neighborhoods in St. Louis. The Gateway Arch, within the Jefferson National Expansion Memorial, is a major landmark. The park was created to commemorate the Louisiana Purchase, the land buy that made St. Louis part of the United States. The St. Louis Cardinals are one of baseball’s most successful franchises and winner of the 2011 World Series.

Saint Louis, MO Demographics

  • Total Population917,096
  • Female 436,558
    Male 480,538
  • Median Age36.3

Average Rent in Saint Louis, MO

  • Saint Louis, MO Average Rental Price, October 2020 $970 /mo

Saint Louis, MO Apartment Rent Ranges

  • < $5001%
  • $501-$70027%
  • $701-$1,00039%
  • $1,001-$1,50022%
  • $1,501-$2,0007%
  • > $2,0004%

Saint Louis, MO Rent Trends

Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Oct / 2020
Saint Louis, MO $882 $887 $906 $912 $928 $942 $957 $955 $956 $963 $970
National $1,377 $1,380 $1,417 $1,426 $1,430 $1,466 $1,466 $1,473 $1,474 $1,461 $1,464
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Saint Louis, MO Households

  • Total Number of Households391,588
  • Family 218,841
    Non-family 172,747
  • Children 102,799
    No Children 288,788
  • Average People Per Household2.35
  • Median Household Income$52,145
  • Median Housing Costs Per Month$914

Saint Louis, MO Education Statistics

  • No High School3%
  • Some High School36%
  • Some College29%
  • Associate Degree8%
  • Bachelor Degree24%

Looking for a cheap apartment for rent in Saint Louis, MO? With RENTCafé, finding an affordable apartment in Saint Louis, MO has never been easier. We feature 326 low-priced rentals directly from property managers, with rents lower than the Saint Louis, MO average. What is a cheap rent in Saint Louis, MO? The average apartment rent in Saint Louis is $970 per month so any rental south of $776 would be considered cheap here. On RENTCafé, Saint Louis, MO rents go as low as $418/mo.

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