Cheap Apartments for Rent near Phelps, KY from $400 (48 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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Charmco Lofts
1 to 3 Bedroom Apartments

Charmco Lofts

606 Morris StCharleston, WV 25301
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Emerald Gardens
2 to 3 Bedroom Apartments

Emerald Gardens

10 Claudia CtBranchland, WV 25506
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Vista View Apartments
Studio to 4 Bedroom Apartments

Vista View Apartments

1300 Renaissance CirCharleston, WV 25311
  • Utilities Included
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852 Mercer St
Studio to 1 Bedroom Apartments

852 Mercer St

852 Mercer StPrinceton, WV 24740
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Eagle Valley
1 to 4 Bedroom Apartments

Eagle Valley

150 Eagle Valley DrCedar Bluff, VA 24609
Student Housing
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Pauli Heights
1 to 3 Bedroom Apartments

Pauli Heights

230 Pauli Heights PlBluefield, WV 24701
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Heritage House
1 to 2 Bedroom Apartments

Heritage House

6 Yellow Wood WayBeckley, WV 25801
  • Utilities Included
property at 235 Birdmont Ln

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

2 Bedroom, 1 Bath Home for Rent

Available Aug 15

235 Birdmont Ln

MarionVA24354
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Crossroads Apartments
2 Bedroom Apartments

Crossroads Apartments

110 Miller Bragg CirMt Hope, WV 25880
  • Utilities Included
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Piney Gardens
1 to 3 Bedroom Apartments

Piney Gardens

29 Jackson Hill RdPineville, WV 24874
  • Utilities Included

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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Oakbrook
2 Bedroom Apartments

Oakbrook

122 Roy Campbell DrHazard, KY 41701
property at 2491 Wardell Rd

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1.5 Bath Home for Rent

Available Now

2491 Wardell Rd

Cedar BluffVA24609
property at 108 E Buck Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

1 Bedroom, 1 Bath Condo for Rent

Available Now

108 E Buck Ave

Rural RetreatVA24368

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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property at 8600 Reedy Creek Rd

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

8600 Reedy Creek Rd

BristolVA24202
property at 5907 Lee Hwy

$999 - $1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 To 3 Bedroom Rentals

Available Now

5907 Lee Hwy

AtkinsVA24311
Showing Results 1-48, Page 1 of 1

Phelps, KY Local Guide

Cheapest Available Phelps Apartments for Rent and Nearby

 

The cheapest available apartment rental in Phelps, KY is a 1 Bed unit found at Marion Manor priced from $534. Washington Greene in the Outer S Charleston Kanawha City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $593. Here is today’s list of the most affordable Phelps apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Marion Manor1 Bedroom 1 Bath1BR,1BA$534
Washington Greene2 Bdrm2BR,1BA$593
Patriot East (FKA River East)1 Bedroom 1 Bathroom1BR,1BA$595
Fort Gay Apartments1 Bedroom 1 Bathroom1BR,1BA$600
Pine Meadows Apartments1br2BR,1BA$605
Patriot Rose (FKA Chateau)1 Bedroom 1 Bathroom1BR,1BA$695
The Place at Slate CreekOne Bedroom1BR,1BA$700
Patriot River View (FKA One Morris)1 Bedroom 1 Bathroom1BR,1BA$750
Patriot at Aracoma (FKA Aracoma)1 Bedroom 1 Bathroom1BR,1BA$750
Patriot at Belvedere (FKA Belvedere)1 Bedroom 1 Bathroom1BR,1BA$750

Best Value Apartments for Rent in Phelps, KY and Nearby

As of August 05, 2026 the best value apartment in the Phelps area is the $0.86 price per square foot 3BD-2.5BTH Model at Fincastle Farms in the starting from $1,200. The second greatest value Phelps apartment is the 2 Bedroom Model at Edwards Crossing I starting at $819 with a $0.91 price per square foot . Here is today’s list of the best values for Phelps apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fincastle Farms3BD-2.5BTH3BR,2.5BA$0.86
Edwards Crossing I2 Bedroom2BR,1.5BA$0.91
Washington Greene2 Bdrm2BR,1BA$0.67
Marion Manor2 Bedroom 1 Bath2BR,1BA$1.01
Charmco Lofts1 Bedroom A1BR,1BA$1.04
Patriot Rose (FKA Chateau)1 Bedroom 1 Bathroom1BR,1BA$0.99
Patriot East (FKA River East)1 Bedroom 1 Bathroom1BR,1BA$0.89
Fort Gay Apartments1 Bedroom 1 Bathroom1BR,1BA$0.95
Pine Meadows Apartments1br1BR,1BA$0.96
The Place at Slate CreekOne Bedroom1BR,1BA$1.15

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 Phelps, KY Rentals by Map

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Frequently Asked Questions about Cheap Phelps Apartments

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

The lowest price for a Cheap One Bedroom Phelps Apartment is $534 at Marion Manor.

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

Today's best deal for a Cheap Two Bedroom Apartment in Phelps is starting from $593 at Washington Greene.

What is the most affordable Phelps Three Bedroom Apartment?

The best deal on a cheap Phelps Three Bedroom Apartment rental is at Southmoor Hills and starts from $1,149.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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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.