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Apartments for Rent in Missouri under $500

237 Rentals Available
Apartments for Rent in Missouri under $500. 237 Rentals Available
  • a living room with a couch and a coffee table
    Today

    408 Circus Avenue, Columbia, MO 65201
    STUDIO $475
  • St Louis 3 Beds Apartment for Rent
    Today

    St Louis, Jennings, MO 63136
    3 BEDS $377+
  • a sign forreds spring senior living in front of a parking lot
    Today

    23053 Main Street, Reeds Spring, MO 65737
    1 BED $500
  • an apartment building with cars parked in front of it
    Today

    4904 Charm Ridge Drive, Jefferson City, MO 65109
    2 BEDS $424
    3 BEDS $471
  • an aerial view of a farm with cars parked in a parking lot
    Today

    10901-Tightwad Storage Units, Clinton, MO 64735
    STUDIO $55
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  • a sign for store units on the side of the road
    Today

    Savannah Gardens-Storage Units, Clinton, MO 64735
    STUDIO $55
  • a road leading to a building with a sign on the side of it
    Today

    271 MO-2, Leeton, MO 64761
    STUDIO $70
  • the logo for property management company alpha property management
    Today

    1603 N Water St, Clinton, MO 64735
    STUDIO $225
  • a new house is more than just a house its a present and future that holds
    Today

    000 NE 50 Rd. Tract 5, Osceola, MO 64776
    1 BED $500
  • a blue house with a red heart on the roof and the words sanctuary in the
    Today

    4574-78 Evans, St. Louis, MO 63113
    1 BED $400
  • a sign in front of a row of houses
    Today

    Warrensburg Senior Housing, Warrensburg, MO 64093
    1 BED $442
    2 BEDS $461
  • Interactive banner bedroom
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  • a kitchen with black appliances and marble counter tops
    Today

    1405 North 16Th Street, St. Louis, MO 63106
    Income Restricted
    1 BED $492+
  • a playground with a swing set in a park
    Today

    803 West Gladys Scott, Sikeston, MO 63801-2515
    Income Restricted
    3 BEDS Ask for Pricing
  • a living room with a couch and a table
    Today

    125 S. Houston Street, Adrian, MO 64720
    Income Restricted
    1 BED Ask for Pricing
  • a living room with a couch and a table
    Today

    1405 North 16Th St., St. Louis, MO 63106
    Income Restricted
    1 BED $492+
15-0-state
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Getting around in Missouri, MO

13 /100
Somewhat Bikeable
Bike Score®: 13

Frequently asked questions

When were prices and availability in Missouri last updated?

Prices and availability in Missouri were last updated on 21 Feb 2026.

What are the best apartments in Missouri?

The best apartments in Missouri are: Waterford West, Millennium at Creve Coeur, ReNew Cross Creek, CitySide and Somerset Villa Apartments.

What type of rental buildings are in Missouri?

In Missouri 32% of the housing is rented out compared to 68% of homes are owned, according to the most recent Census Bureau estimates. 9% of Missouri's apartments are found in large buildings of 50 units or more, 52% are located in smaller apartment complexes with less than 50 units, and 35% are single-family rentals.

Renting apartments in Missouri under $500

Searching for apartments for rent in Missouri 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. In Missouri, where the average rent is $499 per month, there are 237 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 Missouri. 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 Missouri going for $225 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!