
Cheap Homes for Rent in Phillips, WI from $900 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Phillips.


1016 4th Ave

539 Elm St

1609 Devney Dr

N538 4th Ave
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.

W5582 Lacy St

2806 Madonna Dr

822 Dwight St

438/2 Broadway St

620-622-622 Henrietta St
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.

1121 Weggen Rd

200 S Pacific St

309 W Clark St

109 St Louis St

822 N High St
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.
Phillips, WI Local Guide

How much does it cost to rent a home in Phillips?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phillips 2 Bedroom Homes for Rent | $1,276 | $995 | $1,650 |
| Phillips 3 Bedroom Homes for Rent | $1,660 | $950 | $2,360 |
| Phillips 4 Bedroom Homes for Rent | $2,283 | $1,300 | $3,300 |
Browse Top Homes for Rent in Phillips
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Phillips, WI Local Guide
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Cheapest Available Phillips Apartments for Rent and Nearby
 The cheapest available apartment rental in Phillips, WI is a 2 Beds unit found at 305-315 S Eyder Ave priced from $200. Diamonds Edge in the Downtown Wausau neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Phillips apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 305-315 S Eyder Ave | #14 | 2BR,1BA | $200 |
| Diamonds Edge | 1 bd Upper | 1BR,1BA | $645 |
| The 4111 | Efficiency | Studio,1BA | $675 |
| Heritage House Apartments | 1/1 | 1BR,1BA | $715 |
| Wausau Columns Apartments | 1 Bedroom | 1BR,1BA | $720 |
Best Value Apartments for Rent in Phillips, WI and Nearby
As of June 11, 2026 the best value apartment in the Phillips 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 Phillips 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 Phillips 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 |
| HIDDEN VALLEY ESTATES | 2 Bed 2 Bath Upper Corner | 2BR,2BA | $1.15 |
| River Ridge Apartments | 1 Bedroom | 1BR,1BA | $1.04 |
| The Lofts At City Hall | One Bedroom | 1BR,1BA | $1.12 |
| One Penny Place Senior Apartments | One Bedroom One Bathroom | 1BR,1BA | $0.98 |
| 305-315 S Eyder Ave | #14 | 2BR,1BA | $0.25 |
| Heritage House Apartments | 1/1 | 1BR,1BA | $0.92 |
| Diamonds Edge | 1 bd Upper | 1BR,1BA | $1.06 |
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.
Best Local Schools in Phillips, WI
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Phillips
What type of rentals are currently available in Phillips?
There are currently 61 Apartments for Rent in Phillips, WI with pricing that ranges from $300 to $3,399. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phillips ranging from $900 to $3,300.
What is the current price range for Rental Homes in Phillips?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Phillips ranges from $900 to $3,300 with an average monthly rent of $1,529.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.