
Cheap Apartments for Rent in Peabody, KS from $400 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Peabody.


Student Housing

Valley View Apartments

Skyview Apartments

Brickstone at Woodlawn LLC

Sunnydale Pointe Apartments

Eaglerock Village Apartments

Highland Square
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.

Sundance Apartments

Willow Creek Apartments

Northpark Residences

Bel Aire Oliver

21W at Wichita State

Ponderosa Apartments

The Landing at Woodlawn Tower

The Vineyards
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.

Broadstone Villas

Cross Creek Apartments and Townhomes

Windemere at Tallgrass

210 E 10th St

Country Park Residences

120 E 13th St

521 W 5th St

704 Cottonwood Ln
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.

921 N Poplar St

1619 Berry Ave

1611 N Poplar St

120 N Kansas Ave

307 Allison St

2008 W 3rd St

693 W Mills Dr

316 E 2nd St
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.

510 E 8th St
Peabody, KS Local Guide

How much does it cost to rent an apartment in Peabody?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peabody Studio Apartments | $699 | $549 | $1,064 |
| Peabody 1 Bedroom Apartments | $931 | $475 | $2,825 |
| Peabody 2 Bedroom Apartments | $1,232 | $475 | $3,285 |
| Peabody 3 Bedroom Apartments | $1,430 | $718 | $4,015 |
| Peabody 4 Bedroom Apartments | $2,000 | $2,000 | $2,000 |
Browse Top Apartments in Peabody
See all Apartments in PeabodyExplore Peabody
Peabody, KS Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Student Housing in the Northeast Wichita neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $475. Here is today’s list of the most affordable Peabody apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Indian Guide Terrace | 1 BR | 1BR,1BA | $250 |
| Student Housing | I | 2BR,1BA | $475 |
| Valley View Apartments | Studio R | Studio,1BA | $549 |
| Eaglerock Village Apartments | A1 | 1BR,1BA | $692 |
| Highland Square | 1 Bedroom | 1BR,1BA | $715 |
| Sunnydale Pointe Apartments | 3 Bedroom 60% Income Restricted | 3BR,2BA | $718 |
| Sundance Apartments | Sierra | 1BR,1BA | $727 |
| Willow Creek Apartments | 1 Bed | 1 Bath | 580 sq ft | 1BR,1BA | $740 |
| Brickstone at Woodlawn LLC | Monarch | 2BR,1BA | $799 |
| 21W at Wichita State | One Bedroom Apartment | 1BR,1BA | $800 |
Best Value Apartments for Rent in Peabody, KS and Nearby
As of January 31, 2026 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 3BR/2BA - Market Rent Model at Broadstone Villas starting at $1,184 with a $0.99 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunnydale Pointe Apartments | 3 Bedroom 60% Income Restricted | 3BR,2BA | $0.60 |
| Broadstone Villas | 3BR/2BA - Market Rent | 3BR,2BA | $0.99 |
| The Vineyards | Elizabeth | 2BR,2.5BA | $0.91 |
| Brickstone at Woodlawn LLC | Regent | 3BR,2BA | $0.95 |
| Cross Creek Apartments and Townhomes | Lexington | 2BR,1.5BA | $1.13 |
| EAST HAMPTON | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1.04 |
| Bel Aire Oliver | 2 BED | 2BR,1BA | $1.01 |
| Eaglerock Village Apartments | A1 | 1BR,1BA | $0.98 |
| Student Housing | H | 1BR,1BA | $1.02 |
| 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 ArticleThe 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.
Read ArticleCash 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.
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!
Explore Peabody, KS Rentals by Map
See the most popular apartments and homes in Peabody, KS
Frequently Asked Questions about Cheap Peabody Apartments
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 $475 at Student Housing.
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
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.