
Cheap Apartments for Rent near Wallace, KS from $300 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Wallace.


Total Monthly Price
502 S 1st St, Unit Apt. 1

635 Elm Ave

Total Monthly Price
1403 Hennessey St, Unit 107

Total Monthly Price
1401 Hennessey St, Unit 42

Oak View Apartments

Continental 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.

Total Monthly Price
100 Plains St, Unit 38

1408 Buffalo Jones Ave

Total Monthly Price
1415 Hennessey St, Unit 23

Kelley Creek

O’Loughlin Village

Hillcrest Manor

113 S 6th 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.

GRANT PRAIRIE II, IV

Wheatridge Apartments

Syracuse Townhomes

Pine Village

Rustic Hills Apartments

Westridge Apartments

Grant Prairie Townhomes I & III
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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206 S Clayton St
Wallace, KS Local Guide

How much does it cost to rent an apartment in Wallace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wallace Studio Apartments | $799 | $759 | $839 |
| Wallace 1 Bedroom Apartments | $796 | $575 | $1,147 |
| Wallace 2 Bedroom Apartments | $995 | $750 | $1,377 |
| Wallace 3 Bedroom Apartments | $1,200 | $1,150 | $1,250 |
Browse Top Apartments in Wallace
See all Apartments in WallaceExplore Wallace
Wallace, KS Local Guide
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Cheapest Available Wallace Apartments for Rent and Nearby
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kelley Creek | 2 Bed 1.5 Bath | 2BR,1BA | $900 |
| Meadow Vista Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,147 |
Best Value Apartments for Rent in Wallace, KS and Nearby
As of July 10, 2026 the best value apartment in the Wallace area is the $0.90 price per square foot 1415 Hennessey St Model at 1415 Hennessey St, Unit 23 in the starting from $850. The second greatest value Wallace apartment is the 2 Bed 1.5 Bath Model at Kelley Creek starting at $900 with a $1.02 price per square foot . Here is today’s list of the best values for Wallace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1415 Hennessey St, Unit 23 | 1415 Hennessey St | 2BR,1BA | $0.90 |
| Kelley Creek | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.02 |
| 1401 Hennessey St, Unit 42 | 1401 Hennessey St | 1BR,1BA | $0.83 |
| 100 Plains St, Unit 38 | 100 Plains St | 1BR,1BA | $1.24 |
| Meadow Vista Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.84 |
| 502 S 1st St, Unit Apt. 1 | 502 S 1st St | 1BR,1BA | $1.25 |
| 1403 Hennessey St, Unit 107 | 1403 Hennessey St | 1BR,1BA | $1.29 |
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 Wallace, KS Rentals by Map
See the most popular apartments and homes in Wallace, KS
Frequently Asked Questions about Cheap Wallace Apartments
How much is rent for a Cheap One Bedroom Wallace Apartment?
The lowest price for a Cheap One Bedroom Wallace Apartment is $1,147 at Meadow Vista Apartments.
What is the lowest price for a Cheap Two Bedroom Wallace Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wallace is starting from $900 at Kelley Creek.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.