Cheap Apartments for Rent in Peabody, KS from $500 (44 Rentals)

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

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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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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property at 120 Chestnut St

$600 - $700

1 To 2 Bedroom Rentals

Available Now

120 Chestnut St

HalsteadKS67056

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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Bel Aire Oliver
1 to 2 Bedroom Apartments

Bel Aire Oliver

3820-3880 N Oliver StWichita, KS 67220
  • 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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Showing Results 1-44, Page 1 of 1

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. Grandview Apartments in the Northeast Wichita neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $515. Here is today’s list of the most affordable Peabody apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Indian Guide Terrace1 BR1BR,1BA$250
Grandview ApartmentsA1BR,$515
Skyview Apartments1b 1b1BR,1BA$625
Brickstone at Woodlawn LLCMeridian1BR,1BA$650
21W ApartmentsOne Bedroom Apartment1BR,1BA$700
21 Rock Apartments0BR/1.0BAStudio,1BA$700
Highland Square1 Bedroom1BR,1BA$715
Willow Creek Apartments1 Bed | 1 Bath | 580 sq ft1BR,1BA$760
Parc At 21stA11BR,1BA$798
Sunnydale Pointe Apartments2 Bedroom 60% Income Restricted2BR,2BA$862

Best Value Apartments for Rent in Peabody, KS and Nearby

As of July 04, 2026 the best value apartment in the Peabody area is the $1.13 price per square foot 3 bedroom duplex Model at Cornerstone 5th Addition Duplexes in the in the Butler County neighborhood starting from $1,825. The second greatest value Peabody apartment is the 3 bedroom Model at Tall Oaks Apartments starting at $1,230 with a $1.12 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.
Cornerstone 5th Addition Duplexes3 bedroom duplex3BR,2BA$1.13
Tall Oaks Apartments3 bedroom3BR,2BA$1.12
Sunnydale Pointe Apartments2 Bedroom Market (non-restricted)2BR,2BA$1.06
Broadstone Villas2BR/2BA - Income Restricted2BR,2BA$0.85
EAST HAMPTONOpen concept living with walk-out patio/balcony...1BR,1BA$1.04
21W ApartmentsOne Bedroom Apartment1BR,1BA$1.13
Highland Square1 Bedroom1BR,1BA$1.20
Indian Guide Terrace1 BR1BR,1BA$0.43
Brickstone at Woodlawn LLCMeridian1BR,1BA$1.18
Skyview Apartments1b 1b1BR,1BA$1.25

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

Explore Peabody, KS Rentals by Map

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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 $699 at Skyview Apartments.

What is the most affordable Peabody Three Bedroom Apartment?

The best deal on a cheap Peabody 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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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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.

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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.