Cheap Apartments for Rent near Formoso, KS from $515 (30 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Abilene Plaza
1 to 2 Bedroom Apartments

Abilene Plaza

510 NW 2nd StAbilene, KS 67410
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Pony Run
1 to 3 Bedroom Apartments

Pony Run

211 S 17th StMarysville, KS 66508
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Golden Ridge
1 to 2 Bedroom Apartments

Golden Ridge

1708 NW 17th StAbilene, KS 67410
  • Utilities Included
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Hickory Hills Residences
2 to 3 Bedroom Apartments

Hickory Hills Residences

2610 Strauss BlvdJunction City, KS 66441
  • Utilities Included

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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535 Flats
Studio to 4 Bedroom Apartments

535 Flats

535 N Minden AveMinden, NE 68959

Formoso, KS Local Guide

Cheapest Available Formoso Apartments for Rent and Nearby

 

The cheapest available apartment rental in Formoso, KS is a 2 Beds unit found at Cedar Park Apartments priced from $546. 723 Ella St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Formoso apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Park ApartmentsAffordable (30%) - 2 Bed, 1 Bath (989 sq ft)2BR, 1BA$546
723 Ella St1BR/1.0BA1BR, 1BA$750
Belcourt2 Beds, 1 Baths2BR, 1BA$795
Crete Senior Villas2 Bed 1 Bath2BR, 1BA$800
Quinton Point ApartmentsTwo Bedroom2BR, 2BA$850
Hunters Ridge1 Bed 1 Bath Plan 31BR, 1BA$875
Geary Estates ApartmentsTwo Bedroom One Bathroom2BR, 1BA$945
The Paddock Apartments0BR/1.0BAStudio, 1BA$950
HANGAR 55 AT THEATRE DISTRICTTetonStudio, 1BA$965
Walnut Housing, LLC2BR/1.0BA2BR, 1BA$995

Best Value Apartments for Rent in Formoso, KS and Nearby

As of September 18, 2026 the best value apartment in the Formoso area is the $1.11 price per square foot Forest Creek Model at Forrest Creek Townhomes starting from $1,559. The second greatest value Formoso apartment is the 2 Beds, 1 bath Model at Stone Pointe Apartments starting at $1,260 with a $1.01 price per square foot. Here is today’s list of the best values for Formoso apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Forrest Creek TownhomesForest Creek3BR, 2BA$1.11
Stone Pointe Apartments2 Beds, 1 bath2BR, 1BA$1.01
Maplewind MHC3 Bed / 2 Bath3BR, 2BA$0.92
The Reserves at Prairie GlenThree Bedroom Two Bath3BR, 2BA$1.10
Autumn Park ApartmentsUnit 2.2A2BR, 2BA$1.10
Golden Ridge2 Bedroom 2 Bath - Plan 22BR, 2BA$1.01
Quinton Point ApartmentsTwo Bedroom2BR, 2BA$0.86
Crete Senior Villas2 Bed 1 Bath2BR, 1BA$0.87
Belcourt2 Beds, 1 Baths2BR, 1BA$1.02
723 Ella St1BR/1.0BA1BR, 1BA$1.12

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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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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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!

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Frequently Asked Questions about Cheap Formoso Apartments

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

The lowest price for a Cheap One Bedroom Formoso Apartment is $750 at 723 Ella St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Formoso is starting from $546 at Cedar Park Apartments.

What is the most affordable Formoso Three Bedroom Apartment?

The best deal on a cheap Formoso Three Bedroom Apartment rental is at Quinton Point Apartments and starts from $950.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.