Cheap Apartments for Rent in the Peabody Neighborhood of St. Louis, MO from $500 (46 Rentals)

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Cheap Apartments in the Peabody area of St. Louis.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

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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
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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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The Lofts at OPOP
1 to 3 Bedroom Apartments

The Lofts at OPOP

911 Locust StSt. Louis, MO 63101
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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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The Tower at OPOP
1 to 2 Bedroom Apartments

The Tower at OPOP

411 N Eighth StSt. Louis, MO 63101
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Marquette Apartments
2 Bedroom Apartments

Marquette Apartments

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

The Bordeaux

1330 Dolman StSt. Louis, MO 63104
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Showing Results 1-46, Page 1 of 1

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 $650. 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$650
Caroline Place Apartments1 Bed / 1 Bath- Comfort Option1BR,1BA$800
The Paul Brown Loft Apartments2 Bedroom 2 Bathroom2BR,2BA$806
Senate Square Apartments1 Bed / 1 Bath - Value Option1BR,1BA$950
The ShelbyPapinStudio,1BA$965
Syndicate BuildingRestricted Income 1BR1BR,2BA$969
Gallery 720 Olive Luxury ApartmentsStudioStudio,1BA$1,010
SteelyardClydesdaleStudio,1BA$1,022

Best Value Apartments for Rent in Peabody, MO

As of May 04, 2025 the best value apartment in the Peabody area is the $0.32 price per square foot 2614 Accomac St Model at 2614 Accomac St, Unit 2614 Accomac #2F in the in the Lafayette Square neighborhood starting from $1,050. The second greatest value Peabody apartment is the 2317 Indiana Ave Model at 2317 Indiana Ave, Unit 2F starting at $2,100 with a $0.87 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.
2614 Accomac St, Unit 2614 Accomac #2F2614 Accomac St2BR,1BA$0.32
2317 Indiana Ave, Unit 2F2317 Indiana Ave4BR,2BA$0.87
2137 Geyer Ave, Unit A2137 Geyer Ave2BR,1BA$0.51
713 Barton St, Unit 713a713 Barton St3BR,2BA$1.11
Union Club 7702BR/2.0BA2BR,2BA$1.24
Pointe 400 ApartmentsOne Bedroom1BR,1BA$0.99
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

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.

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Pet Friendly Lifestyle
Peabody, St. Louis, MO

Ranked #33

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 $1,022.

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 $2,100.

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 46 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 $227 which is $1,873 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.

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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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.

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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.