Cheap Apartments for Rent in McPherson, KS from $500 (45 Rentals)

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

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Northgate Manor
1 Bedroom Apartments

Northgate Manor

1442 Garden LnMcPherson, KS 67460
Senior Living
  • Utilities Included
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Edinburgh Manor
Studio to 1 Bedroom Apartments

Edinburgh Manor

120 Oak Park DrMcPherson, KS 67460
Senior Living
  • Utilities Included

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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Plaza Towers
1 to 2 Bedroom Apartments

Plaza Towers

17 E 2nd AveHutchinson, KS 67501
Student Housing
  • 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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Abilene Plaza
1 to 2 Bedroom Apartments

Abilene Plaza

510 NW 2nd StAbilene, KS 67410
  • Utilities Included
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17th Place Apartments
2 Bedroom Apartments

17th Place Apartments

908 E 17th AveHutchinson, KS 67501
  • Utilities Included
property at 14 E 6th Ave

$650 - $725

Studio To 1 Bedroom Rentals

Available Now

14 E 6th Ave

HutchinsonKS67501

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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Bel Aire Oliver
1 to 2 Bedroom Apartments

Bel Aire Oliver

3820-3880 N Oliver StWichita, KS 67220
  • Utilities Included
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Prairie Village
2 to 3 Bedroom Apartments

Prairie Village

1300 E 33rd AveHutchinson, KS 67502

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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Showing Results 1-45, Page 1 of 1

McPherson, KS Local Guide

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 ListingModel NameBed/BathPriced From
Indian Guide Terrace1 BR1BR,1BA$250
Amidon Place Apartments0BR/1.0BAStudio,1BA$525
Skyview Apartments1b 1b1BR,1BA$625
YORKTOWN ESTATESOpen living space + spacious master *WAITLIST*1BR,1BA$745
Twin Rivers Apartments1 bedroom 1 bath1BR,1BA$780
Sunnydale Pointe Apartments2 Bedroom 60% Income Restricted2BR,2BA$862
Broadstone Villas2BR/2BA - Income Restricted2BR,2BA$879
Twin Lakes Apartments2 Bedroom / 2 Bathroom Units2BR,2BA$895
Marina Point ApartmentsTwo Bedroom2BR,1BA$900
South Park Apartments1 BED 1 BATH1BR,1BA$920

Best Value Apartments for Rent in McPherson, KS and Nearby

As of July 24, 2026 the best value apartment in the McPherson area is the $1.10 price per square foot Three Bedroom Two Bath Model at The Reserves at Prairie Glen in the starting from $1,267. The second greatest value McPherson apartment is the 2 Bedroom Market (non-restricted) Model at Sunnydale Pointe Apartments starting at $1,112 with a $1.06 price per square foot in the West Wichita neighborhood. Here is today’s list of the best values for McPherson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserves at Prairie GlenThree Bedroom Two Bath3BR,2BA$1.10
Sunnydale Pointe Apartments2 Bedroom Market (non-restricted)2BR,2BA$1.06
Broadstone Villas2BR/2BA - Income Restricted2BR,2BA$0.85
Marina Point ApartmentsTwo Bedroom2BR,1.5BA$0.88
Flamingo FlatsL 3 bed / 2 bath3BR,2BA$1.14
Northridge Crossing Apartments and Townhomes2 Bed 1 Bath2BR,1BA$1.08
Berkshire Apartments and TownhomesSavannah2BR,1BA$1.14
507 N Eby St, Unit 507 Eby507 N Eby St2BR,1BA$0.71
YORKTOWN ESTATESOpen living space + spacious master *WAITLIST*1BR,1BA$1.03
Indian Guide Terrace1 BR1BR,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.

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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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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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Best Local Schools in
Mcpherson, KS

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

Explore Mcpherson, KS Rentals by Map

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Frequently Asked Questions about Cheap McPherson Apartments

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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

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.