
Cheap Homes for Rent in Peabody, KS from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Peabody.


317 SW 3rd St

109 1/2 E 6th St

601 SE 5th St

127 Fairview Ave

728 W 15th St

221 E 5th St

616 N Walnut St

733 Westhaven Dr
Peabody, KS Local Guide

How much does it cost to rent a home in Peabody?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peabody 2 Bedroom Homes for Rent | $870 | $725 | $1,000 |
| Peabody 3 Bedroom Homes for Rent | $1,293 | $899 | $1,895 |
| Peabody 4 Bedroom Homes for Rent | $1,475 | $995 | $1,800 |
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Peabody, KS Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Indian Guide Terrace | 1 BR | 1BR,1BA | $250 |
| Valley View Apartments | Studio | Studio,1BA | $599 |
| 21 Rock Apartments- All Utilities Paid- | Studio *All Utilities Included* | Studio,1BA | $650 |
Best Value Apartments for Rent in Peabody, KS and Nearby
As of November 11, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunnydale Pointe Apartments | 3 Bedroom 60% Income Restricted | 3BR,2BA | $0.60 |
| The Vineyards | Elizabeth | 2BR,2.5BA | $0.91 |
| Inwood Crossings | 3 Bed, 2 Bath (60% Income Restricted) | 3BR,2BA | $1.06 |
| Parc at 21st and Rock | Two Bedroom | 2BR,2BA | $0.93 |
| Cross Creek Apartments and Townhomes | Savannah | 2BR,1BA | $0.98 |
| EAST HAMPTON | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1.04 |
| Willow Creek Apartments | 2 Bed | 2 Bath | 850 sq ft | 2BR,2BA | $1.05 |
| Eaglerock Village Apartments | A1 | 1BR,1BA | $1.03 |
| Brickstone at Woodlawn LLC | Avalon | 1BR,1BA | $1.11 |
| Indian Guide Terrace | 1 BR | 1BR,1BA | $0.43 |
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Frequently Asked Questions about Peabody
What type of rentals are currently available in Peabody?
There are currently 37 Apartments for Rent in Peabody, KS with pricing that ranges from $549 to $3,875. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peabody ranging from $575 to $1,895.
What is the current price range for Rental Homes in Peabody?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peabody ranges from $575 to $1,895 with an average monthly rent of $1,086.
How much are larger Three and Four Bedroom Rentals in Peabody?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Peabody range from $718 to $3,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $1,895. Four Bedroom Single-Family rentals are also available starting from $995 and Four Bedroom Apartments start at $2,000.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.