
Cheap Apartments for Rent in Phelps, WI from $300 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Phelps.


Woods Hollow

Aspen Village

One Penny Place Senior Apartments

225 Clermont St

618 Deleglise St

Park City Apartments
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.

Crivitz Estates

305 Liberty St

Cedar Pointe Apartments

1319 E Main St

1800 E Main St

PELICAN RIVER ESTATES

Pinewood Estates
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.

T Bird Country Apartments

DAVENPORT STREET ESTATES

Charlotte Court Apartments

Greenwood Apartments

Copper Lantern

945 Woodward Ave

Redbrick Apartments
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.

612 E McLeod Ave

102 E Gogebic St

SCS Merrill Apartment Community

204 N Court St

416 Manitowish St

1016 4th Ave

Edgewood Manor
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, WI Local Guide

How much does it cost to rent an apartment in Phelps?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phelps 1 Bedroom Apartments | $929 | $471 | $1,275 |
| Phelps 2 Bedroom Apartments | $1,463 | $300 | $1,795 |
| Phelps 3 Bedroom Apartments | $1,177 | $619 | $2,000 |
Browse Top Apartments in Phelps
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Phelps, WI Local Guide
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Cheapest Available Phelps Apartments for Rent and Nearby
 The cheapest available apartment rental in Phelps, WI is a 1 Bed unit found at Greenwood Apartments priced from $200. 305-315 S Eyder Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $200. Here is today’s list of the most affordable Phelps apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenwood Apartments | 1 bed | 1BR,1BA | $200 |
| 305-315 S Eyder Ave | #14 | 2BR,1BA | $200 |
| Crivitz Estates | 1 bedroom | 1BR,1BA | $795 |
| SCS Merrill Apartment Community | Season 1 BR Lower | 1BR,1BA | $865 |
| T Bird Country Apartments | Studio | 1BR,1BA | $900 |
| The Lofts At City Hall | One Bedroom | 1BR,1BA | $1,009 |
| SCS Florence Apartment Community | Fulton 1 BR Upper | 1BR,1BA | $1,025 |
| Prosser Place Estates | 1 Bedroom Upper | 1BR,1BA | $1,045 |
| Aspen Village | 3X1.5F | 3BR,1BA | $1,092 |
| Forest Edge | Three Bedroom | 3BR,2BA | $1,112 |
Best Value Apartments for Rent in Phelps, WI and Nearby
As of June 19, 2026 the best value apartment in the Phelps area is the $0.75 price per square foot 37 Loft Model at 100 S Marquette St in the starting from $1,200. The second greatest value Phelps apartment is the Three Bedroom Model at Forest Edge starting at $1,112 with a $0.77 price per square foot . Here is today’s list of the best values for Phelps apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 100 S Marquette St | 37 Loft | 2BR,1.5BA | $0.75 |
| Forest Edge | Three Bedroom | 3BR,2BA | $0.77 |
| Woods Hollow | 3x1.5TH | 3BR,1.5BA | $0.85 |
| Aspen Village | 3X1.5F | 3BR,1.5BA | $0.81 |
| DRISCOLL ROAD ESTATES | 2 Bedroom 2 Bath Split | 2BR,2BA | $1.20 |
| The Lofts At City Hall | One Bedroom | 1BR,1BA | $1.12 |
| Crivitz Estates | 1 bedroom | 1BR,1BA | $0.96 |
| 305-315 S Eyder Ave | #14 | 2BR,1BA | $0.25 |
| SCS Florence Apartment Community | Fulton 1 BR Upper | 1BR,1BA | $1.29 |
| Greenwood Apartments | 1 bed | 1BR,1BA | $0.33 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Phelps, WI Rentals by Map
See the most popular apartments and homes in Phelps, WI
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 $200 at Greenwood 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 $200 at 305-315 S Eyder Ave.
What is the most affordable Phelps Three Bedroom Apartment?
The best deal on a cheap Phelps Three Bedroom Apartment rental is at Aspen Village and starts from $1,092.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.