Cheap Apartments for Rent in Electra, TX from $400 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in Electra.

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Maverick on Seymour
Rent Specials
$942 - $1,459
Total Monthly Price

Total Monthly Price

Base Rent
$942 - $1,459
Total Monthly Price
$942 - $1,459
1 to 3 Bedroom Apartments Available Now

The Maverick on Seymour

3706 Seymour RdWichita Falls, TX 76309
Family Friendly
  • Verified
  • Customer Reviewed
  • Low Income

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Courtyard
1 to 3 Bedroom Apartments

The Courtyard

4601 Woodland AveVernon, TX 76384
  • Utilities Included
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Tealwood Place
1 to 3 Bedroom Apartments

Tealwood Place

5300 Professional DrWichita Falls, TX 76302
  • Utilities Included
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Ross Estates
1 to 2 Bedroom Apartments

Ross Estates

7301 SW Lee BlvdLawton, OK 73505
Corporate Housing
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Electra, TX Local Guide

Cheapest Available Electra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Electra, TX is a 1 Bed unit found at Briarwood Apartments priced from $610. The Kate Apartments & Student Housing in the East Wichita Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Electra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Briarwood Apartments1 Bedroom 1 Bath1BR,1BA$610
The Kate Apartments & Student HousingEfficiencies1BR,1BA$650
Forest GlenA1 1x11BR,1BA$650
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
Abbington Vista of Henrietta1BD1BR,1BA$676
FountaingateA11BR,1BA$685
La Donna RGLLC1X11BR,1BA$700
Apple Creek ApartmentsOne Bedroom1BR,1BA$705
Lakeview Townhomes1B11BR,1BA$745
Austin School LoftsOne Bedroom1BR,1BA$750

Best Value Apartments for Rent in Electra, TX and Nearby

As of April 26, 2026 the best value apartment in the Electra area is the $0.99 price per square foot 3 Bed 2 Bath D Model at Camelot Apartments in Wichita Falls TX in the in the East Wichita Falls neighborhood starting from $1,699. The second greatest value Electra apartment is the Two Bedroom One Bathroom Model at Ross Estates starting at $859 with a $0.89 price per square foot . Here is today’s list of the best values for Electra apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Camelot Apartments in Wichita Falls TX3 Bed 2 Bath D3BR,2BA$0.99
Ross EstatesTwo Bedroom One Bathroom2BR,1BA$0.89
Lions Court Apartments2-Bedroom 1st Floor Luxury Upgrade + Back yard2BR,1.5BA$1.10
Maverick on Maurine ApartmentsB12BR,2BA$0.96
Alamo School Lofts1 Bed, 1 bath1BR,1BA$1.06
Mustang Village2 Bed / 2 Bath2BR,2BA$0.80
Pioneer Crossing Burkburnett SeniorsOne Bed1BR,1BA$1.00
Abbington Vista of Henrietta1BD1BR,1BA$0.91
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
Briarwood Apartments1 Bedroom 1 Bath1BR,1BA$0.97

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Electra, TX Rentals by Map

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See the most popular apartments and homes in Electra, TX

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Frequently Asked Questions about Cheap Electra Apartments

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

The lowest price for a Cheap One Bedroom Electra Apartment is $610 at Briarwood Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Electra is starting from $675 at Briarwood Apartments.

What is the most affordable Electra Three Bedroom Apartment?

The best deal on a cheap Electra Three Bedroom Apartment rental is at Briarwood Apartments and starts from $805.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.