Cheap Apartments for Rent in Derby, KS from $400 (51 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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The Place Apartments
Studio to 1 Bedroom Apartments

The Place Apartments

9320 E Osie StWichita, KS 67207
  • Utilities Included

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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Acosta Oaks
1 Bedroom Apartments

Acosta Oaks

2228 S Oliver StWichita, KS 67218
  • Utilities Included
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Eagle Trace Apartments
1 to 2 Bedroom Apartments

Eagle Trace Apartments

925 W 29th StWichita, KS 67217
Corporate Housing
  • Utilities Included
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Aragon Apartments
1 to 2 Bedroom Apartments

Aragon Apartments

8909 E Harry StWichita, KS 67207
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Stonegate MHP
3 to 4 Bedroom Apartments

Stonegate MHP

2201 E MacArthur RdWichita, KS 67216

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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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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Showing Results 1-50, Page 1 of 2

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. River Walk Apartments in the Southwest Wichita neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $560. Here is today’s list of the most affordable Derby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodlawn Park Apartments1BR1BR,1BA$550
River Walk ApartmentsStudio RStudio,1BA$560
ClaremontBirchStudio,1BA$666
Cedar Lakes ApartmentsOne Bedroom1BR,1BA$675
Danish Village Apartments1/1.00 ( PR )1BR,1BA$684
Eagle Trace Apartments1 Bedroom, 1 Bathroom1BR,1BA$685
The Club at Cherry Hills ApartmentsOpalStudio,1BA$735
Garden Pines1x11BR,1BA$749
Buttonwood Tree Apartments1BR/1BA_S1BR,1BA$750
Village Park at CedarbrookeOne Bedroom1BR,1BA$760

Best Value Apartments for Rent in Derby, KS

As of June 04, 2026 the best value apartment in the Derby area is the $1.11 price per square foot 3 Bed 1.5 Bath Townhome Model at Springcreek Apartments and Townhomes in the in the Southwind neighborhood starting from $1,415. The second greatest value Derby apartment is the 3 bedroom Model at South Creek Apartments starting at $800 with a $0.89 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.
Springcreek Apartments and Townhomes3 Bed 1.5 Bath Townhome3BR,1.5BA$1.11
South Creek Apartments3 bedroom3BR,1BA$0.89
MacArthurs Lake Apartments2 Bed 1.5 Bath2BR,1.5BA$1.09
The Willows2/1.00 - WD ( PR )2BR,1BA$1.09
Aragon ApartmentsA1F1BR,1BA$1.05
Pine Creek Apartments2/1.00 ( PR ) - WD2BR,1BA$1.09
The Club at Cherry Hills ApartmentsRuby1BR,1BA$1.09
Skyline Apartments2x12BR,1BA$1.01
Village Park at CedarbrookeOne Bedroom1BR,1BA$1.00
Woodlawn Park Apartments1BR1BR,1BA$1.06

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

Explore Derby, KS Rentals by Map

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See the most popular apartments and homes in Derby, KS

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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 River Walk Apartments listed at $560.

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.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.