Cheap Apartments for Rent in the Downtown Neighborhood of Topeka, KS from $400 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown area of Topeka.

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315 SW 4th St
2 Bedroom Apartments

315 SW 4th St

315 SW 4th StTopeka, KS 66603

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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919 SW Tyler St
Studio to 1 Bedroom Apartments

919 SW Tyler St

919 SW Tyler StTopeka, KS 66612
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727 SW Polk St
Studio Apartments

727 SW Polk St

727 SW Polk StTopeka, KS 66603

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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49 on Polk Apartments
Studio to 2 Bedroom Apartments

49 on Polk Apartments

1205 SW Polk StTopeka, KS 66612
  • Utilities Included
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Polk Plaza
Studio Apartments

Polk Plaza

1312 SW Polk StTopeka, KS 66612
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Eden Court
Studio to 2 Bedroom Apartments

Eden Court

817 SW Tyler StTopeka, KS 66612
  • 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.

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Showing Results 1-19, Page 1 of 1

Downtown, Topeka, KS Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Topeka, KS is a Studio unit found at Capital Corner priced from $423. Bentley Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Downtown apartments for rent in Topeka, KS:

Apartment ListingModel NameBed/BathPriced From
Capital CornerStudioStudio,1BA$423
Bentley PlaceONE BEDROOM1BR,1BA$550
Chartwell ApartmentsStudioStudio,1BA$634
The Kapital ApartmentsJunior 1-BedStudio,1BA$650
The Village at Old Town2bed1ba2BR,1BA$690

Best Value Apartments for Rent in Downtown, KS

As of June 21, 2026 the best value apartment in the Downtown area is the $1.32 price per square foot 410 Model at Kansas Avenue Lofts in the in the East Topeka neighborhood starting from $1,250. The second greatest value Downtown apartment is the 2bed1ba Model at The Village at Old Town starting at $690 with a $0.94 price per square foot in the Central Topeka neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Kansas Avenue Lofts4102BR,1BA$1.32
The Village at Old Town2bed1ba2BR,1BA$0.94
Harrison Street ApartmentsPremium 1 Bedroom1BR,1BA$1.26
Bentley PlaceONE BEDROOM1BR,1BA$1.00
Capital CornerOne Bedroom1BR,1BA$1.01
Chartwell ApartmentsStudioStudio ,1BA$1.41
The Kapital ApartmentsJunior 1-BedStudio ,1BA$1.85
Milestone StudiosStudioStudio ,1BA$2.38

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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Best Local Schools in
Downtown, Topeka, KS

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Frequently Asked Questions about Cheap Downtown Apartments

What is the Cheapest Studio apartment in Downtown?

Currently the most affordable Cheap Studio Apartment in Downtown is at Capital Corner listed at $423.

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

The lowest price for a Cheap One Bedroom Downtown Apartment is $528 at Capital Corner.

What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $587 at Capital Corner.

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

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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.

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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.

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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.

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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.