Cheap Apartments for Rent in Phelps, KY from $400 (39 Rentals)

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

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.

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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Edward''s Crossing II
1 to 4 Bedroom Apartments

Edward''s Crossing II

100 Edwards LnBeaver, WV 25813
  • Utilities Included
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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
  • Utilities Included
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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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Crossroads Apartments
2 Bedroom Apartments

Crossroads Apartments

110 Miller Bragg CirMt Hope, WV 25880
  • Utilities Included

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.

property at 117 Whitetop Rd

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

1 Bedroom, 1 Bath Home for Rent

Available Now

117 Whitetop Rd

ChilhowieVA24319
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Piney Gardens
1 to 3 Bedroom Apartments

Piney Gardens

29 Jackson Hill RdPineville, WV 24874
  • Utilities Included
property at 122 E Main St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 2 Bath Home for Rent

Available Now

122 E Main St

LebanonVA24266
property at 5907 Lee Hwy

$900 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 To 3 Bedroom Rentals

Available Now

5907 Lee Hwy

AtkinsVA24311
property at 121 E Main St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

121 E Main St

ChilhowieVA24319

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.

property at 108 E Buck Ave

$900 - $1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 To 5 Bedroom Rentals

Available Now

108 E Buck Ave

Rural RetreatVA24368

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 Edward''s Crossing II priced from $486. Patriot East (FKA River East) in the Outer S Charleston Kanawha City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Phelps apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Edward''s Crossing II1 Bedroom Unit1BR,1BA$486
Patriot East (FKA River East)1 Bedroom 1 Bathroom1BR,1BA$595
Fort Gay Apartments1 Bedroom 1 Bathroom1BR,1BA$600
Pine Meadows Apartments1br2BR,1BA$605
231 S Heber StAPT 61BR,1BA$750
Patriot at Aracoma (FKA Aracoma)1 Bedroom 1 Bathroom1BR,1BA$750
Patriot at Belvedere (FKA Belvedere)1 Bedroom 1 Bathroom1BR,1BA$750
The Place at Slate CreekTwo Bedroom2BR,2BA$800
Patriot on the Grand ( FKA Grandview Pointe)1 Bedroom 1 Bathroom1BR,1BA$850
Patriot Greenbrier (FKA Greenbrier Gardens)1 Bedroom 1 Bathroom1BR,1BA$870

Best Value Apartments for Rent in Phelps, KY and Nearby

As of May 07, 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 3 Bedroom Unit Model at Sawgrass Greene starting at $1,072 with a $0.94 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
Sawgrass Greene3 Bedroom Unit3BR,1.5BA$0.94
Country Club Village Apartments2 Bedroom 1 Bath Garden Apartment . Approximate...2BR,1BA$1.15
Oakbrook2BR/2BA2BR,2BA$0.90
The Place at Slate CreekTwo Bedroom2BR,2BA$0.99
Edward''s Crossing II1 Bedroom Unit1BR,1BA$0.69
Patriot East (FKA River East)1 Bedroom 1 Bathroom1BR,1BA$0.89
Fort Gay Apartments1 Bedroom 1 Bathroom1BR,1BA$0.95
Pine Meadows Apartments1br2BR,1BA$0.96
231 S Heber StAPT 21BR,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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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.

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

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Frequently Asked Questions about Cheap Phelps Apartments

What is the Cheapest Studio apartment in Phelps?

Currently the most affordable Cheap Studio Apartment in Phelps is at East End Historic listed at $1,350.

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

The lowest price for a Cheap One Bedroom Phelps Apartment is $486 at Edward''s Crossing II.

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 $605 at Pine Meadows Apartments.

What is the most affordable Phelps Three Bedroom Apartment?

The best deal on a cheap Phelps Three Bedroom Apartment rental is at Sawgrass Greene and starts from $1,072.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.