
Cheap Apartments for Rent in McPherson, KS from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in McPherson.


Northridge Crossing Apartments and Townhomes

Prairie Pointe Residences

Northgate Manor

514 Eshelman St

Edinburgh Manor

Indian Guide Terrace

Amidon Place Apartments

PORTER COMMONS
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.

Skyview Apartments

Valley View Apartments

Renata View Apartments

Sunnydale Pointe Apartments

Twin Rivers Apartments

YORKTOWN ESTATES

Marina Point Apartments

Flamingo Flats

The Ridge of Salina
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.

Broadstone Villas

Villa West

Plaza Towers

Abilene Plaza

17th Place Apartments

310 W 6th Ave

120 Chestnut St

Garden Grove Apartments

1501 Prairie St
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.

1410 Forrest St

702 E Ave A

718 N Poplar St

1014 E 6th St

Country Park Residences

Golden Ridge

711 E 6th Ave

306 E 7th Ave

812 W 11th Ave
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.

Bel Aire Oliver

Prairie Village

528 N Grandview St

20 E 15th Ave

304 E 8th Ave

304 SE 5th St

109 1/2 E 6th St

603 N High St

615 W 7th Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

425 SW 3rd St
McPherson, KS Local Guide

How much does it cost to rent an apartment in McPherson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| McPherson Studio Apartments | $646 | $525 | $722 |
| McPherson 1 Bedroom Apartments | $1,072 | $625 | $1,576 |
| McPherson 2 Bedroom Apartments | $1,235 | $575 | $1,661 |
| McPherson 3 Bedroom Apartments | $1,381 | $703 | $1,842 |
| McPherson 4 Bedroom Apartments | $1,302 | $1,302 | $1,302 |
Browse Top Apartments in McPherson
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McPherson, KS Local Guide
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Cheapest Available McPherson Apartments for Rent and Nearby
 The cheapest available apartment rental in McPherson, KS is a 1 Bed unit found at Indian Guide Terrace priced from $250. Amidon Place Apartments in the West Wichita neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable McPherson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Indian Guide Terrace | 1 BR | 1BR,1BA | $250 |
| Amidon Place Apartments | 0BR/1.0BA | Studio,1BA | $525 |
| Skyview Apartments | 1b 1b | 1BR,1BA | $625 |
| Valley View Apartments | Studio R | Studio,1BA | $625 |
| YORKTOWN ESTATES | Open living space + spacious master *WAITLIST* | 1BR,1BA | $745 |
| Twin Rivers Apartments | 1 bedroom 1 bath | 1BR,1BA | $780 |
| Flamingo Flats | 2 bed / 2 bath | 2BR,2BA | $845 |
| Northridge Crossing Apartments and Townhomes | 1 Bed 1 Bath | 1BR,1BA | $870 |
| Broadstone Villas | 2BR/2BA - Income Restricted | 2BR,2BA | $879 |
Best Value Apartments for Rent in McPherson, KS and Nearby
As of June 09, 2026 the best value apartment in the McPherson area is the $1.06 price per square foot 2 Bedroom Market (non-restricted) Model at Sunnydale Pointe Apartments in the in the West Wichita neighborhood starting from $1,112. The second greatest value McPherson apartment is the 2BR/2BA - Income Restricted Model at Broadstone Villas starting at $879 with a $0.85 price per square foot in the Northeast Wichita neighborhood. Here is today’s list of the best values for McPherson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunnydale Pointe Apartments | 2 Bedroom Market (non-restricted) | 2BR,2BA | $1.06 |
| Broadstone Villas | 2BR/2BA - Income Restricted | 2BR,2BA | $0.85 |
| Marina Point Apartments | Two Bedroom | 2BR,1.5BA | $0.88 |
| Crown Chase | 2 BED 2 BATH | 2BR,2BA | $1.17 |
| The Reserves at Prairie Glen | Two Bedroom Two Bath | 2BR,2BA | $1.07 |
| Berkshire Apartments and Townhomes | Savannah | 2BR,1BA | $1.13 |
| 1369 N Main St, Unit 1369 N Main St | 1369 N Main St | 2BR,1BA | $0.64 |
| Twin Lakes Apartments | 1 Bedroom Units | 1BR,1BA | $1.07 |
| YORKTOWN ESTATES | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.03 |
| Indian Guide Terrace | 1 BR | 1BR,1BA | $0.43 |
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.
Best Local Schools in Mcpherson, KS
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mcpherson, KS Rentals by Map
See the most popular apartments and homes in Mcpherson, KS
Frequently Asked Questions about Cheap McPherson Apartments
What is the Cheapest Studio apartment in McPherson?
Currently the most affordable Cheap Studio Apartment in McPherson is at Amidon Place Apartments listed at $525.
How much is rent for a Cheap One Bedroom McPherson Apartment?
The lowest price for a Cheap One Bedroom McPherson Apartment is $250 at Indian Guide Terrace.
What is the lowest price for a Cheap Two Bedroom McPherson Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in McPherson is starting from $699 at Skyview Apartments.
What is the most affordable McPherson Three Bedroom Apartment?
The best deal on a cheap McPherson Three Bedroom Apartment rental is at Broadstone Villas and starts from $965.
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

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.

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.

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.