Cheap Apartments for Rent in McPherson, KS from $400 (41 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

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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Plaza Towers
1 to 2 Bedroom Apartments

Plaza Towers

17 E 2nd AveHutchinson, KS 67501
Student Housing
  • Utilities Included
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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

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.

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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.

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Bel Aire Oliver
1 to 2 Bedroom Apartments

Bel Aire Oliver

3820-3880 N Oliver StWichita, KS 67220
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-41, 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 $495. 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$495
Skyview Apartments2b 1b2BR,1BA$699
YORKTOWN ESTATESOpen living space + spacious master *WAITLIST*1BR,1BA$745
Twin Rivers Apartments1 bedroom 1 bath1BR,1BA$780
Flamingo Flats2 bed / 2 bath2BR,2BA$845
Broadstone Villas2BR/2BA - Income Restricted2BR,2BA$879
Marina Point ApartmentsTwo Bedroom2BR,1BA$900
Crown Chase1 BED 1 BATH (View Optional)1BR,1BA$914
South Park Apartments1 BED 1 BATH1BR,1BA$920

Best Value Apartments for Rent in McPherson, KS and Nearby

As of April 25, 2026 the best value apartment in the McPherson area is the $0.99 price per square foot 3BR/2BA - Market Rent Model at Broadstone Villas in the in the Northeast Wichita neighborhood starting from $1,184. The second greatest value McPherson apartment is the Two Bedroom Model at Marina Point Apartments starting at $900 with a $0.88 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.
Broadstone Villas3BR/2BA - Market Rent3BR,2BA$0.99
Marina Point ApartmentsTwo Bedroom2BR,1.5BA$0.88
The Reserves at Prairie GlenTwo Bedroom Two Bath2BR,2BA$1.12
Berkshire Apartments and TownhomesSavannah2BR,1BA$1.13
Twin Rivers Apartments2 bedroom 1 bath1BR,1BA$1.20
Crown Chase1 BED 1 BATH (View Optional)1BR,1BA$1.24
YORKTOWN ESTATESOpen living space + spacious master *WAITLIST*1BR,1BA$1.03
Flamingo Flats2 bed / 2 bath2BR,2BA$1.21
Indian Guide Terrace1 BR1BR,1BA$0.43
Skyview Apartments1b 1b1BR,1BA$1.25

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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Mcpherson, KS

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Remember the 3 Rules of Real Estate:
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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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.