Cheap Apartments for Rent in New Madrid, MO from $300 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in New Madrid.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

close
View Me
St. John Apartments
1 to 3 Bedroom Apartments

St. John Apartments

2105 Saint John AveDyersburg, TN 38024

New Madrid, MO Local Guide

Cheapest Available New Madrid Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Madrid, MO is a 3 Beds unit found at The District at Cape priced from $344. Capri has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable New Madrid apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The District at CapeRedHawk3BR,1BA$344
CapriCopper1BR,1BA$595
SilverwoodStandard1BR,1BA$640
Jackson House1 Bedroom - Jackson House1BR,1BA$781
Carriage House ApartmentsTop Floor "Vaulted" 1 Bed 1 Bath1BR,1BA$795

Best Value Apartments for Rent in New Madrid, MO and Nearby

As of April 25, 2025 the best value apartment in the New Madrid area is the $1.08 price per square foot The Nest Model at The Nest in the starting from $1,200. The second greatest value New Madrid apartment is the Three Bedroom Two Bathroom Model at Chapel Ridge of Ripley starting at $1,171 with a $1.08 price per square foot . Here is today’s list of the best values for New Madrid apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The NestThe Nest4BR,4BA$1.08
Chapel Ridge of RipleyThree Bedroom Two Bathroom3BR,2BA$1.08
Westcreek VillasRegent2BR,2BA$1.24
Milan Luxury Apartments2BR/2.0BA2BR,2BA$1.21
Carriage House ApartmentsTop Floor "Vaulted" 1 Bed 1 Bath1BR,1BA$1.22
The District at CapeChestnut UPG1BR,1BA$1.26
Lone Oak VillasPremium Townhouse2BR,1BA$1.29
SilverwoodCustom1BR,1BA$1.23
Hawks LandingOne Bedroom1BR,1BA$1.55
CapriCopper1BR,1BA$1.65

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Madrid, MO Rentals by Map

View MapNew Madrid, MO Apartments MapView MapNew Madrid, MO Rental Homes Map

Getting Around New Madrid, MO

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap New Madrid Apartments

How much is rent for a Cheap One Bedroom New Madrid Apartment?

The lowest price for a Cheap One Bedroom New Madrid Apartment is $595 at Capri.

What is the lowest price for a Cheap Two Bedroom New Madrid Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Madrid is starting from $371 at The District at Cape.

What is the most affordable New Madrid Three Bedroom Apartment?

The best deal on a cheap New Madrid Three Bedroom Apartment rental is at The District at Cape and starts from $344.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.