Cheap Apartments for Rent in the Peabody Neighborhood of St. Louis, MO from $500 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Peabody area of St. Louis.

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property at 1523 S 10th St

1523 S 10th St

St. LouisMO63104

St. Louis's Best Affordable Neighborhoods

Learn about St. Louis and the best places to live with original content written by our St. Louis, MO Local Expert Taryn Shorr-Mckee

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Indiana Ave
1 Bedroom Apartments

Indiana Ave

2623-2625 Indiana AveSt. Louis, MO 63118
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Cloisters Apartments
1 to 3 Bedroom Apartments

Cloisters Apartments

2500 S 18th StSt. Louis, MO 63104
  • Utilities Included
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Publicity Flats
1 Bedroom Apartments

Publicity Flats

1133 Pine StSt. Louis, MO 63101
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Steelyard
Studio to 3 Bedroom Apartments

Steelyard

2400 S 9th StSt. Louis, MO 63104
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2511 S 9th St.
2 Bedroom Apartments

2511 S 9th St.

2511 S 9th StSt. Louis, MO 63104
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Marquette Apartments
2 Bedroom Apartments

Marquette Apartments

300-314 N BroadwaySt. Louis, MO 63102
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The Tower at OPOP
1 to 2 Bedroom Apartments

The Tower at OPOP

411 N Eighth StSt. Louis, MO 63101

Peabody, St. Louis, MO Local Guide

Cheapest Available Peabody Apartments for Rent

 

The cheapest available apartment rental in the Peabody area of St. Louis, MO is a Studio unit found at City Parc at Pine Senior Living priced from $602. The Towers at Gateway City has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Peabody apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
City Parc at Pine Senior LivingstudioStudio,1BA$602
The Towers at Gateway CityStudioStudio,1BA$800
Caroline Place Apartments1 Bed / 1 Bath- Comfort Option1BR,1BA$800
The Paul Brown Loft Apartments2 Bedroom 2 Bathroom2BR,2BA$806
The ShelbyPapinStudio,1BA$915
Senate Square Apartments1 Bed / 1 Bath - Value Option1BR,1BA$950
Syndicate BuildingRestricted Income 1BR1BR,2BA$969
Park PacificThe ArgonautStudio,1BA$975
Gallery 720 Olive Luxury ApartmentsStudioStudio,1BA$1,010

Best Value Apartments for Rent in Peabody, MO

As of April 18, 2025 the best value apartment in the Peabody area is the $0.51 price per square foot 2137 Geyer Ave Model at 2137 Geyer Ave, Unit A in the in the Lafayette Square neighborhood starting from $915. The second greatest value Peabody apartment is the 713 Barton St Model at 713 Barton St, Unit 713a starting at $2,000 with a $1.11 price per square foot in the Lafayette Square neighborhood. Here is today’s list of the best values for Peabody apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2137 Geyer Ave, Unit A2137 Geyer Ave2BR,1BA$0.51
713 Barton St, Unit 713a713 Barton St3BR,2BA$1.11
Wireworks LoftsB52BR,2BA$1.38
Union Club 7702BR/2.0BA2BR,2BA$1.24
Pointe 400 ApartmentsOne Bedroom1BR,1BA$0.93
Syndicate BuildingStabdard 1BR1BR,1BA$1.11
Storyboard on PinePine B32BR,2BA$1.18
The Paul Brown Loft Apartments2 Bedroom 1 Bathroom2BR,1BA$0.92
Caroline Place Apartments1 Bed / 1 Bath- Spacious Option1BR,1BA$1.23
City Parc at Pine Senior LivingstudioStudio ,1BA$1.31

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Pet Friendly Lifestyle
Peabody, St. Louis, MO

Ranked #34

Among neighborhoods in St. Louis, MO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Missouri and customized analysis for Central St. Louis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, features that make it easier to raise kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Peabody Apartments

What is a cheap apartment in Peabody?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Peabody is under $1,010.

What is the price of a cheap apartment in Peabody?

The cheapest apartment in Peabody is City Parc at Pine Senior Living which is listed at $743, while the average apartment in Peabody costs $1,875.

What types of apartments are the cheapest in Peabody?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 33 regular apartments in Peabody that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Peabody?

Cheap apartments in Peabody have an average cost of $249 which is $1,626 cheaper than the average rent for all rentals in Peabody.

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 A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis article

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

Written by: Taryn Shorr-Mckee

I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

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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.

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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.

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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.