Cheap Homes for Rent in Phelps, KY from $400 (15 Rentals)

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Phelps, KY Local Guide

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. Crossroads Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $630. Here is today’s list of the most affordable Phelps apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Emerald Gardens2 bedrooms2BR,1BA$570
Crossroads Apartments2 Bedroom2BR,1BA$630
The Place at Slate CreekOne Bedroom1BR,1BA$650
Grandview Pointe (Patriot on the Grand)1 Bedroom 1 Bathroom1BR,1BA$670
Aracoma (Patriot at Aracoma)1 Bedroom 1 Bathroom1BR,1BA$699

Best Value Apartments for Rent in Phelps, KY and Nearby

As of April 14, 2025 the best value apartment in the Phelps area is the $0.66 price per square foot 4 Bedroom TH Unit Model at Paint Landing in the starting from $951. The second greatest value Phelps apartment is the 2 Bedroom 1.5 Bathroom Model at River East (Patriot East) starting at $864 with a $0.87 price per square foot in the Outer S Charleston Kanawha City neighborhood. Here is today’s list of the best values for Phelps apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paint Landing4 Bedroom TH Unit4BR,2BA$0.66
River East (Patriot East)2 Bedroom 1.5 Bathroom2BR,1.5BA$0.87
Emerald Gardens2 bedrooms2BR,1.5BA$0.58
Oakmont Greene I2 Bedroom Unit2BR,1.5BA$0.78
Grandview Pointe (Patriot on the Grand)2 Bedroom 1 Bathroom2BR,1BA$0.75
The Oaks Apartments1 Bedroom1BR,1BA$1.13
Birchwood Apartment Homes2 BR/1BA W/VANITY2BR,1BA$1.07
852 Mercer St847 Mercer1BR,1BA$1.00
One Morris (Patriot River View)1 Bedroom 1 Bathroom1BR,1BA$1.18
The Place at Slate CreekOne Bedroom1BR,1BA$1.07

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Frequently Asked Questions about Phelps

What type of rentals are currently available in Phelps?

There are currently 43 Apartments for Rent in Phelps, KY with pricing that ranges from $566 to $4,150. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phelps ranging from $475 to $2,500.

What is the current price range for Rental Homes in Phelps?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Phelps ranges from $475 to $2,500 with an average monthly rent of $1,199.

How much are larger Three and Four Bedroom Rentals in Phelps?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Phelps range from $918 to $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $937.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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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.

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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.

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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.