
Cheap Apartments for Rent in Phelps County, MO from $400 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Phelps County.


1602 N Cedar St

1103 W James Blvd
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.

International Village

1691 Martin Springs Dr

405 N Olive St
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.
Phelps County, MO Local Guide

How much does it cost to rent an apartment in Phelps County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phelps County 1 Bedroom Apartments | $886 | $650 | $1,050 |
| Phelps County 2 Bedroom Apartments | $1,086 | $525 | $2,340 |
| Phelps County 3 Bedroom Apartments | $1,550 | $1,300 | $1,800 |
Browse Apartments in Phelps County
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Cheapest Available Phelps County Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lodges at Rolla | Rent By The Room Spring/Fall 2026 | 1BR,1BA | $650 |
| Rolla Senior Apartments | One-Bedroom | 1BR,1BA | $958 |
Best Value Apartments for Rent in Phelps County, MO
As of March 11, 2026 the best value apartment in the Phelps County area is the $0.87 price per square foot 10555 Butler Cir Model at 10555 Butler Cir, Unit 10555 Butler Circle in the starting from $1,300. The second greatest value Phelps County apartment is the 1 Bedroom 1 Bathroom Spring/Fall 2026 Pre-Lease Model at The Lodges at Rolla starting at $1,050 with a $1.33 price per square foot . Here is today’s list of the best values for Phelps County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10555 Butler Cir, Unit 10555 Butler Circle | 10555 Butler Cir | 3BR,2BA | $0.87 |
| The Lodges at Rolla | 1 Bedroom 1 Bathroom Spring/Fall 2026 Pre-Lease | 1BR,1BA | $1.33 |
| Rolla Senior Apartments | One-Bedroom | 1BR,1BA | $2.05 |
Frequently Asked Questions about Cheap Phelps County Apartments
What is the price of a cheap apartment in Phelps County?
The cheapest apartment in Phelps County is The Lodges at Rolla which is listed at $650, while the average apartment in Phelps County costs $1,550.
What types of apartments are the cheapest in Phelps County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Phelps County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.