
Cheap Homes for Rent in Formoso, KS from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Formoso.


208 E 5th St

3121 Canterbury Dr

130 S 5th St

211 E 7th St

1011 K St
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.

705 6th St

615 W 12th St

226 E 6th

1318 N 18th St

432 Baker St

210 N Phillips Ave
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.

242 W 12th St
Formoso, KS Local Guide

How much does it cost to rent a home in Formoso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Formoso 2 Bedroom Homes for Rent | $1,124 | $750 | $1,700 |
| Formoso 3 Bedroom Homes for Rent | $1,809 | $1,100 | $2,750 |
| Formoso 4 Bedroom Homes for Rent | $1,987 | $1,400 | $2,500 |
| Formoso 6 Bedroom Homes for Rent | $1,650 | $1,650 | $1,650 |
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Formoso, KS Local Guide
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Cheapest Available Formoso Apartments for Rent and Nearby
 The cheapest available apartment rental in Formoso, KS is a Studio unit found at Old Walnut priced from $745. The Bluffs (KS) has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Formoso apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Old Walnut | Studio | Studio,1BA | $745 |
| The Bluffs (KS) | Studio | Studio,1BA | $750 |
| Crete Senior Villas | 2 Bed 1 Bath | 2BR,1BA | $800 |
| Geary Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $860 |
| HANGAR 55 AT THEATRE DISTRICT | Teton | Studio,1BA | $965 |
Best Value Apartments for Rent in Formoso, KS and Nearby
As of June 19, 2026 the best value apartment in the Formoso area is the $1.09 price per square foot Forest Creek Model at Forrest Creek Townhomes in the starting from $1,525. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Forrest Creek Townhomes | Forest Creek | 3BR,2BA | $1.09 |
| Stone Pointe Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.01 |
| Maplewind | 3 Bed / 2 Bath | 3BR,2BA | $0.92 |
| Pioneer Trail Flats | The Sierra | 2BR,2BA | $1.17 |
| Pebblebrook Apartments | B3 - 2 Bedroom - 2 Bathrooms | 2BR,2BA | $1.31 |
| The Reserves at Prairie Glen | Two Bedroom Two Bath | 2BR,2BA | $1.07 |
| Geary Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.90 |
| Crete Senior Villas | 2 Bed 1 Bath | 2BR,1BA | $0.87 |
| Cedar Ridge | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
| The Bluffs (KS) | Studio | Studio ,1BA | $1.15 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Formoso
What type of rentals are currently available in Formoso?
There are currently 45 Apartments for Rent in Formoso, KS with pricing that ranges from $660 to $3,252. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Formoso ranging from $550 to $2,750.
What is the current price range for Rental Homes in Formoso?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Formoso ranges from $550 to $2,750 with an average monthly rent of $1,346.
How much are larger Three and Four Bedroom Rentals in Formoso?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Formoso range from $950 to $2,352, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,272.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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.