Cheap Apartments for Rent in Phelps, KY from $500 (45 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

close
View Me
852 Mercer St
1 Bedroom Apartments

852 Mercer St

852 Mercer StPrinceton, WV 24740
  • Utilities Included
close
View Me
Crossroads Apartments
2 Bedroom Apartments

Crossroads Apartments

110 Miller Bragg CirMt Hope, WV 25880
  • Utilities Included

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.

close
View Me
Paint Landing
2 Bedroom Apartments

Paint Landing

100 Robinson DrPaintsville, KY 41240
  • Utilities Included
close
View Me
Piney Gardens
1 to 3 Bedroom Apartments

Piney Gardens

29 Jackson Hill RdPineville, WV 24874
  • Utilities Included
  • Smoke Free
close
View Me
Woodbury Crossing
2 to 3 Bedroom Apartments

Woodbury Crossing

1625 7th AveCharleston, WV 25387

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 The Place at Slate Creek priced from $650. Aracoma (Patriot at Aracoma) in the Outer S Charleston Kanawha City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Phelps apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at Slate CreekOne Bedroom1BR,1BA$650
Aracoma (Patriot at Aracoma)1 Bedroom 1 Bathroom1BR,1BA$750
Belvedere (Patriot at Belvedere)1 Bedroom 1 Bathroom1BR,1BA$750
Emerald Gardens2 bedrooms2BR,1BA$836
River East (Patriot East)2 Bedroom 1.5 Bathroom2BR,1BA$864
Greenbrier Gardens (Patriot Greenbrier)1 Bedroom 1 Bathroom1BR,1BA$875
Parkview Terrace (Patriot Terrace)2 Bedroom 1 Bathroom2BR,1BA$876
Birchwood Apartment Homes2 BR/1BA W/VANITY2BR,1BA$910
Southmoor HillsGarden Type G2BR,1BA$952
Willow Run1/1.00 - A11BR,1BA$970

Best Value Apartments for Rent in Phelps, KY and Nearby

As of July 25, 2025 the best value apartment in the Phelps area is the $1.18 price per square foot 2Bed1.5Bath Model at The Oaks Apartments in the in the Outer S Charleston Kanawha City neighborhood starting from $1,295. The second greatest value Phelps apartment is the 2 Bed 1.5 Bath 2 Levels - B2 Model at Promise Landing Apartments starting at $1,290 with a $1.29 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.
The Oaks Apartments2Bed1.5Bath2BR,1.5BA$1.18
Promise Landing Apartments2 Bed 1.5 Bath 2 Levels - B22BR,1.5BA$1.29
River East (Patriot East)2 Bedroom 1.5 Bathroom2BR,1.5BA$0.87
Emerald Gardens2 bedrooms2BR,1.5BA$0.85
Parkview Terrace (Patriot Terrace)2 Bedroom 1 Bathroom2BR,1BA$0.94
Grandview Pointe (Patriot on the Grand)2 Bedroom 1 Bathroom2BR,1BA$1.16
Birchwood Apartment Homes2 BR/1BA W/VANITY2BR,1BA$1.07
Greenbrier Gardens (Patriot Greenbrier)1 Bedroom 1 Bathroom1BR,1BA$1.31
Southmoor HillsGarden Type G2BR,1BA$1.32
The Place at Slate CreekOne Bedroom1BR,1BA$1.07

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Phelps, KY Rentals by Map

View Map
Phelps, KY Apartments Map
View Map
Phelps, KY Rental Homes Map

Getting Around Phelps, KY

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

5 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $650 at The Place at Slate Creek.

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 $750 at The Place at Slate Creek.

What is the most affordable Phelps Three Bedroom Apartment?

The best deal on a cheap Phelps Three Bedroom Apartment rental is at Emerald Gardens and starts from $960.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.