Cheap Apartments for Rent in Phelps, NY from $500 (47 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.

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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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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.

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Foster Block
1 to 3 Bedroom Apartments

Foster Block

7 Crane StClifton Springs, NY 14432
  • Utilities Included
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Woodhill
1 to 4 Bedroom Apartments

Woodhill

840 Peirson AveNewark, NY 14513
  • Utilities Included
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Northwood Townhouses
2 Bedroom Apartments

Northwood Townhouses

540-560 W North StGeneva, NY 14456
  • Utilities Included
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Parkside Apartments
1 to 3 Bedroom Apartments

Parkside Apartments

311 Washington StNewark, NY 14513
  • Utilities Included

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.

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Sunlight Lane
1 to 2 Bedroom Apartments

Sunlight Lane

3044 Sunlight LnGeneva, NY 14456
  • Utilities Included
property at 14 Elm St

$1,800 - $2,000

2 Bedroom Rentals

Available Now

14 Elm St

BloomfieldNY14469

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.

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Phelps, NY Local Guide

Cheapest Available Phelps Apartments for Rent and Nearby

 

The cheapest available apartment rental in Phelps, NY is a 1 Bed unit found at Camelot Square Apartments priced from $1,084. Northside Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Phelps apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Camelot Square Apartments1 BR/1 Bth (Heat, WiFi & TV App Incl.))1BR,1BA$1,084
Northside Apartments2bedroom 1bath2BR,1BA$1,200
Reserve Pointe ApartmentsStudio, 1 Bath 432 sq. ft.Studio,1BA$1,200
Sheridan Park and Holiday ManorH2bdrm2BR,1BA$1,325
The Retreat Luxury ApartmentsWilson1BR,1BA$1,650
Hathaway Meadows1 Bed 1 Bath Lower1BR,1BA$1,680
Auburn Creek Apartment HomesTwo Bedroom 2 Bath- 1165 sqft2BR,2BA$1,955
Villas of Victor and Regency TownhomesTwo Bedroom 2 Bath (Villas of Victor)2BR,2BA$1,995
Parkside Townhomes3 Bedroom Townhome- WAITLIST AD3BR,2BA$2,064
Saratoga Crossing Apartments & TownhomesTwo Bedroom 2 Bath- 1273 sqft2BR,2BA$2,125

Best Value Apartments for Rent in Phelps, NY and Nearby

As of May 08, 2026 the best value apartment in the Phelps area is the $1.66 price per square foot Creekwood Townhomes 3BR 2.5 BA Model at Creekwood Townhomes in the in the Victor Farmington neighborhood starting from $2,800. The second greatest value Phelps apartment is the 3 Bedroom Townhome- WAITLIST AD Model at Parkside Townhomes starting at $2,064 with a $1.35 price per square foot in the Victor Farmington neighborhood. 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.
Creekwood TownhomesCreekwood Townhomes 3BR 2.5 BA3BR,2.5BA$1.66
Parkside Townhomes3 Bedroom Townhome- WAITLIST AD3BR,2.5BA$1.35
The Links at CenterPointe TownhomesTwo Bedroom 2.5 Bath Townhome - 1,356 sqft2BR,2.5BA$1.66
The Hammocks at Canandaigua2 Bedrooms 2 Baths -12802BR,2BA$1.72
Saratoga Crossing Apartments & TownhomesTwo Bedroom 2 Bath- 1268 sqft2BR,2BA$1.73
Villas of Victor and Regency TownhomesTwo Bedroom 2 Bath (Villas of Victor)2BR,2BA$1.68
Auburn Creek Apartment HomesTwo Bedroom 2 Bath- 1165 sqft2BR,2BA$1.68
Camelot Square Apartments2 BR/1 Bth split level Incl.HEAT2BR,1.5BA$1.58
Northside Apartments2bedroom 1bath2BR,1BA$1.41
Sheridan Park and Holiday ManorH2bdrm2BR,1BA$1.57

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

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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 $1,084 at Camelot Square Apartments.

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 $1,200 at Northside Apartments.

What is the most affordable Phelps Three Bedroom Apartment?

The best deal on a cheap Phelps Three Bedroom Apartment rental is at Reserve Pointe Apartments and starts from $1,975.

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.

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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.

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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.