
Cheap Apartments for Rent in the Peabody Neighborhood of St. Louis, MO from $500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peabody area of St. Louis.


The Paul Brown Loft Apartments

2615 Victor St

1722 Waverly Pl

The Towers at Gateway City

Caroline Place Apartments

1420 Menard St

The Shelby

Senate Square Apartments
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.

2830 Missouri Ave

Gallery 720 Olive Luxury Apartments

1523 S 10th St

The Georgian Apartments

Front Page Lofts

Pointe 400 Apartments

The Koken

Ballpark Heights
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

Lofts at Lafayette Square

11th & Spruce

SoHo Apartments

2710 Armand Pl

1001 Russell Blvd

Gallery Premier Apartment Homes

Arcade Apartments

1722 Waverly Pl
Peabody, St. Louis, MO Local Guide

How much does it cost to rent an apartment in Peabody?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peabody Studio Apartments | $1,005 | $602 | $2,150 |
Peabody 1 Bedroom Apartments | $1,307 | $681 | $4,525 |
Peabody 2 Bedroom Apartments | $1,986 | $806 | $7,935 |
Peabody 3 Bedroom Apartments | $2,273 | $1,595 | $5,600 |
Peabody 4 Bedroom Apartments | $1,799 | $1,799 | $1,799 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 1 mile radius of the Peabody Neighborhood of St. Louis, MO.
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Peabody, St. Louis, MO Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
City Parc at Pine Senior Living | studio | Studio,1BA | $602 |
The Towers at Gateway City | Studio | Studio,1BA | $800 |
Caroline Place Apartments | 1 Bed / 1 Bath- Comfort Option | 1BR,1BA | $800 |
The Paul Brown Loft Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $806 |
The Shelby | Papin | Studio,1BA | $915 |
Senate Square Apartments | 1 Bed / 1 Bath - Value Option | 1BR,1BA | $950 |
Syndicate Building | Restricted Income 1BR | 1BR,2BA | $969 |
Park Pacific | The Argonaut | Studio,1BA | $975 |
Gallery 720 Olive Luxury Apartments | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2137 Geyer Ave, Unit A | 2137 Geyer Ave | 2BR,1BA | $0.51 |
713 Barton St, Unit 713a | 713 Barton St | 3BR,2BA | $1.11 |
Wireworks Lofts | B5 | 2BR,2BA | $1.38 |
Union Club 770 | 2BR/2.0BA | 2BR,2BA | $1.24 |
Pointe 400 Apartments | One Bedroom | 1BR,1BA | $0.93 |
Syndicate Building | Stabdard 1BR | 1BR,1BA | $1.11 |
Storyboard on Pine | Pine B3 | 2BR,2BA | $1.18 |
The Paul Brown Loft Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.92 |
Caroline Place Apartments | 1 Bed / 1 Bath- Spacious Option | 1BR,1BA | $1.23 |
City Parc at Pine Senior Living | studio | Studio ,1BA | $1.31 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePeabody, St. Louis, MO
Ranked #34
Among neighborhoods in St. Louis, MO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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.

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.

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.

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.

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.