
Cheap Apartments for Rent in Phelps, KY from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Phelps.


Belvedere (Patriot at Belvedere)

Grandview Pointe (Patriot on the Grand)

Aracoma (Patriot at Aracoma)

Greenbrier Gardens (Patriot Greenbrier)

1623 Ravinia Rd

Chateau (Patriot Rose)

Birchwood Apartment Homes

Country Club Village Apartments

One Morris (Patriot River View)

Tremont Park

Southmoor Hills

105 Pendleton St

River East (Patriot East)

159 Jeffersonville St

1213 Grosscup Ave

141 Scott Ave, Unit 3

Promise Landing Apartments

Cranberry Woods Townhomes

392 S Railroad Ave

18 Jackson Ln

922 Greendale Dr

125 W Dupont Ave

2800 Haynie Dr

104 N 8th St

206 Post Rd

5907 Lee Hwy

920 Hendrix Ave

92 Mooney Ln

31303 Amherst Cir
Phelps, KY Local Guide

How much does it cost to rent an apartment in Phelps?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Phelps Studio Apartments | $1,809 | $566 | $2,995 |
Phelps 1 Bedroom Apartments | $1,048 | $595 | $3,350 |
Phelps 2 Bedroom Apartments | $1,225 | $570 | $4,150 |
Phelps 3 Bedroom Apartments | $1,375 | $918 | $2,750 |
Phelps 4 Bedroom Apartments | $1,329 | $937 | $1,850 |
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Phelps, KY Local Guide
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Cheapest Available Phelps Apartments for Rent and Nearby
 The cheapest available apartment rental in Phelps, KY is a 2 Beds unit found at Emerald Gardens priced from $570. 852 Mercer St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Phelps apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Emerald Gardens | 2 bedrooms | 2BR,1BA | $570 |
852 Mercer St | 852 Mercer | 1BR,1BA | $600 |
Belvedere (Patriot at Belvedere) | 1 Bedroom 1 Bathroom | 1BR,1BA | $644 |
Grandview Pointe (Patriot on the Grand) | 1 Bedroom 1 Bathroom | 1BR,1BA | $670 |
The Place at Slate Creek | Two Bedroom | 2BR,2BA | $695 |
Greenbrier Gardens (Patriot Greenbrier) | 1 Bedroom 1 Bathroom | 1BR,1BA | $699 |
Aracoma (Patriot at Aracoma) | 1 Bedroom 1 Bathroom | 1BR,1BA | $699 |
Chateau (Patriot Rose) | 1 Bedroom 1 Bathroom | 1BR,1BA | $739 |
Edward''s Crossing II | 4 Bedroom Unit | 4BR,2BA | $756 |
One Morris (Patriot River View) | 1 Bedroom 1 Bathroom | 1BR,1BA | $773 |
Best Value Apartments for Rent in Phelps, KY and Nearby
As of March 25, 2025 the best value apartment in the Phelps area is the $0.60 price per square foot 4 Bedroom Unit Model at Edward''s Crossing II in the starting from $756. The second greatest value Phelps apartment is the 3 bedroom Model at Emerald Gardens starting at $1,054 with a $0.88 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. |
---|---|---|---|
Edward''s Crossing II | 4 Bedroom Unit | 4BR,2BA | $0.60 |
Emerald Gardens | 3 bedroom | 3BR,2BA | $0.88 |
River East (Patriot East) | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $0.87 |
Grandview Pointe (Patriot on the Grand) | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.75 |
The Oaks Apartments | 1 Bedroom | 1BR,1BA | $1.13 |
Birchwood Apartment Homes | 2 BR/1BA W/VANITY | 2BR,1BA | $1.07 |
The Place at Slate Creek | Two Bedroom | 2BR,2BA | $0.82 |
852 Mercer St | 847 Mercer | 1BR,1BA | $1.00 |
Chateau (Patriot Rose) | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.11 |
One Morris (Patriot River View) | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.25 |
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Getting Around Phelps, KY
Walk Score®
16 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
5 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Phelps Apartments
What is the Cheapest Studio apartment in Phelps?
Currently the most affordable Cheap Studio Apartment in Phelps is at listed at $566.
How much is rent for a Cheap One Bedroom Phelps Apartment?
The lowest price for a Cheap One Bedroom Phelps Apartment is $600 at 852 Mercer St.
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 $570 at Emerald Gardens.
What is the most affordable Phelps Three Bedroom Apartment?
The best deal on a cheap Phelps Three Bedroom Apartment rental is at Greenbrier Gardens (Patriot Greenbrier) and starts from $1,035.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.