Cheap Apartments for Rent in Peabody, KS from $500 (32 Rentals)

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

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.

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.

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.

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.

Peabody, KS Local Guide

Cheapest Available Peabody Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peabody, KS is a 1 Bed unit found at Indian Guide Terrace priced from $250. Valley View Apartments in the Northwest Wichita neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here is today’s list of the most affordable Peabody apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Indian Guide Terrace1 BR1BR,1BA$250
Valley View ApartmentsStudio RStudio,1BA$599
Sunnydale Pointe Apartments3 Bedroom 60% Income Restricted3BR,2BA$718
Bel Aire Oliver1 BED1BR,1BA$775
21W at Wichita StateOne Bedroom Apartment1BR,1BA$800
Brickstone at Woodlawn LLCMonarch2BR,1BA$805
The Landing at Woodlawn Tower1 Bedroom1BR,1BA$825
Eaglerock Village ApartmentsB22BR,2BA$859
EAST HAMPTONOpen concept living with walk-out patio/balcony...1BR,1BA$890
21 Rock Apartments- All Utilities Paid-1 Bedroom *All Utilities Included*1BR,1BA$910

Best Value Apartments for Rent in Peabody, KS and Nearby

As of July 22, 2025 the best value apartment in the Peabody area is the $0.60 price per square foot 3 Bedroom 60% Income Restricted Model at Sunnydale Pointe Apartments in the in the West Wichita neighborhood starting from $718. The second greatest value Peabody apartment is the Elizabeth Model at The Vineyards starting at $1,050 with a $0.91 price per square foot in the Northeast Wichita neighborhood. Here is today’s list of the best values for Peabody apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunnydale Pointe Apartments3 Bedroom 60% Income Restricted3BR,2BA$0.60
The VineyardsElizabeth2BR,2.5BA$0.91
Brickstone at Woodlawn LLCRegent3BR,2BA$0.89
South Park Apartments3 BED 2 BATH UPPER END3BR,2BA$1.20
Eaglerock Village ApartmentsB22BR,2BA$0.87
Parc at 21st and RockTwo Bedroom2BR,2BA$1.00
Cross Creek Apartments and TownhomesSavannah2BR,1BA$1.03
EAST HAMPTONOpen concept living with walk-out patio/balcony...1BR,1BA$1.02
Ponderosa Apartments2 Bed 1.5 Bath2BR,1.5BA$1.17
Indian Guide Terrace1 BR1BR,1BA$0.43

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Pet Friendly Lifestyle

Ranked #

Among cities in Kansas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

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Getting Around Peabody, KS

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Peabody Apartments

What is the Cheapest Studio apartment in Peabody?

Currently the most affordable Cheap Studio Apartment in Peabody is at Valley View Apartments listed at $599.

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

The lowest price for a Cheap One Bedroom Peabody Apartment is $250 at Indian Guide Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Peabody is starting from $805 at Brickstone at Woodlawn LLC.

What is the most affordable Peabody Three Bedroom Apartment?

The best deal on a cheap Peabody Three Bedroom Apartment rental is at Sunnydale Pointe Apartments and starts from $718.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.