Cheap Apartments for Rent in Derby, KS from $400 (39 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Place Apartments
Studio to 1 Bedroom Apartments

The Place Apartments

9320 E Osie StWichita, KS 67207
  • Utilities Included
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Acosta Oaks
1 Bedroom Apartments

Acosta Oaks

2228 S Oliver StWichita, KS 67218
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Aragon Apartments
1 to 2 Bedroom Apartments

Aragon Apartments

8909 E Harry StWichita, KS 67207

Check Out Wichita’s Best Affordable Neighborhoods

Learn about Wichita and the best places to live with original content written by Local Expert James Jordan

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Stonegate MHP
3 to 4 Bedroom Apartments

Stonegate MHP

2201 E MacArthur RdWichita, KS 67216
Showing Results 1-39, Page 1 of 1

Derby, KS Local Guide

Cheapest Available Derby Apartments for Rent

 

The cheapest available apartment rental in Derby, KS is a 1 Bed unit found at Woodlawn Park Apartments in the Southeast Wichita neighborhood priced from $550. Skyline Apartments in the Southeast Wichita neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Derby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodlawn Park Apartments1BR1BR,1BA$550
Skyline Apartments1x11BR,1BA$599
Cedar Lakes ApartmentsStudioStudio,1BA$620
River Walk ApartmentsStudio RStudio,1BA$634
Eagle Trace Apartments1 Bedroom, 1 Bathroom1BR,1BA$700
ClaremontCedar1BR,1BA$714
Danish Village Apartments1 Bedroom 1 Bathroom Danish Village Apartments1BR,1BA$715
Buttonwood Tree Apartments1BR/1BA_S1BR,1BA$750
Village Park at CedarbrookeOne Bedroom1BR,1BA$760
Magnolia Lake Apartments1 Bed1BR,1BA$785

Best Value Apartments for Rent in Derby, KS

As of April 19, 2026 the best value apartment in the Derby area is the $0.88 price per square foot AF2th3 Model at Lakeside Townhomes in the in the West Wichita neighborhood starting from $1,711. The second greatest value Derby apartment is the 2 BD Small - (Partial renovated) - WD Model at Parke East Townhomes starting at $1,346 with a $0.85 price per square foot in the Southeast Wichita neighborhood. Here is today’s list of the best values for Derby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lakeside TownhomesAF2th33BR,3BA$0.88
Parke East Townhomes2 BD Small - (Partial renovated) - WD2BR,1.5BA$0.85
Pheasant Run ApartmentsTwo Bedroom2BR,2BA$0.93
Golf Park2x22BR,2BA$0.98
The Club at Cherry Hills ApartmentsSapphire2BR,1BA$0.99
Brookwood ApartmentsMaple2BR,1.5BA$1.04
ClaremontOak2BR,1BA$1.06
Skyline Apartments2x12BR,1BA$1.01
Village Park at CedarbrookeOne Bedroom1BR,1BA$1.00
Eagle Trace Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.00

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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

Explore Derby, KS Rentals by Map

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Frequently Asked Questions about Cheap Derby Apartments

What is the Cheapest Studio apartment in Derby?

Currently the most affordable Cheap Studio Apartment in Derby is at Cedar Lakes Apartments listed at $620.

How much is rent for a Cheap One Bedroom Derby Apartment?

The lowest price for a Cheap One Bedroom Derby Apartment is $550 at Woodlawn Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Derby is starting from $779 at Skyline Apartments.

What is the most affordable Derby Three Bedroom Apartment?

The best deal on a cheap Derby Three Bedroom Apartment rental is at Brentwood Apartments and starts from $1,099.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for A Local Expert's Guide To 10 Budget-Friendly Neighborhoods to Rent in Wichita article

A Local Expert's Guide To 10 Budget-Friendly Neighborhoods to Rent in Wichita

Written by: James Jordan

Wichita is a big city, it is remote and not on most people's radar when considering places to live. It should be. I have been knocking around the city for 25 years, and I have found it to be a gem.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.