Cheap Homes for Rent in Derby, KS from $700 (13 Rentals)

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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.

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.

Derby, KS Local Guide

Cheapest Available Derby Apartments for Rent

 

The cheapest available apartment rental in Derby, KS is a Studio unit found at The Place Apartments in the Southeast Wichita neighborhood priced from $465. Bridgewater in the South Wichita neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $514. Here is today’s list of the most affordable Derby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place ApartmentsStudiosStudio,1BA$465
Bridgewater2B-12BR,2BA$514
Woodlawn Park Apartments1BR1BR,1BA$525
ClaremontBirchStudio,1BA$604
Cedar Lakes ApartmentsOne Bedroom1BR,1BA$675

Best Value Apartments for Rent in Derby, KS

As of January 30, 2026 the best value apartment in the Derby area is the $0.87 price per square foot SS1th4 Model at Lakeside Townhomes in the in the West Wichita neighborhood starting from $1,744. The second greatest value Derby apartment is the Townhome Model at Southfield and Oliver Court starting at $1,125 with a $0.70 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 TownhomesSS1th44BR,3BA$0.87
Southfield and Oliver CourtTownhome3BR,2BA$0.70
Parke East TownhomesSpacious, pet friendly 2-Bedroom Tri-Level Town...2BR,1.5BA$0.80
Golf Park2x22BR,2BA$0.90
The Willows2/1.00 - WD ( PR )2BR,1BA$1.04
Aragon ApartmentsA1F1BR,1BA$1.05
Village Park at CedarbrookeOne Bedroom1BR,1BA$1.00
Eagle Trace Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.98
The Place ApartmentsOne Bedroom1BR,1BA$0.94
Woodlawn Park Apartments1BR1BR,1BA$1.02

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

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Frequently Asked Questions about Derby

What type of rentals are currently available in Derby?

There are currently 47 Apartments for Rent in Derby, KS with pricing that ranges from $450 to $2,317. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Derby ranging from $700 to $2,450.

What is the current price range for Rental Homes in Derby?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Derby ranges from $700 to $2,450 with an average monthly rent of $1,429.

How much are larger Three and Four Bedroom Rentals in Derby?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Derby range from $900 to $2,317, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,850. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,310.

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

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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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.