
Cheap Apartments for Rent in Electra, TX from $346 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Electra.


Chisholm Trail Crossing Apartments

Red River Senior Village

Abbington Vista of Henrietta

Woodview

Royal Gardens Wichita Falls

Taft Haus Apartments

Santa Fe Village & Highlander Apartments

Briarwood Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Apple Creek Apartments

Country Club View Apartments

Stone Ridge Apartments ALL BILLS PAID

Fountaingate

The Kate Apartments & Student Housing

Parkway Villas

Waterford Glen

Willowpark Apartments

Lakeview Townhomes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Sheppard's Edge

Lions Court Apartments

River Bend Apartments

Austin School Lofts

Pioneer Crossing Burkburnett Seniors

Parkstone Crossroads

Maverick on Maurine Apartments

Indian Falls Apartments

The Woodlands
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Lincoln Heights

Raintree Apartments

Alamo School Lofts

Hunters Crossing Apartments

Camelot Apartments in Wichita Falls TX

Arbor Creek Apartments

Pioneer Crossing Henrietta

Total Monthly Price
The Maverick on Seymour

DISTRICT SIX10
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.

Summit Ridge 168 OK

507 1/2 Tidal St

Pioneer Crossing Vernon

Country Park

Forest Glen Apartments

Northpark Village Apartments

Highpoint I

The Courtyard

Tealwood Place
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.

209 S Ave B

209 Ave

Ross Estates

604 E 1st St
Electra, TX Local Guide

How much does it cost to rent an apartment in Electra?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Electra Studio Apartments | $646 | $515 | $845 |
| Electra 1 Bedroom Apartments | $801 | $299 | $1,460 |
| Electra 2 Bedroom Apartments | $997 | $358 | $1,740 |
| Electra 3 Bedroom Apartments | $1,071 | $407 | $1,825 |
| Electra 4 Bedroom Apartments | $918 | $430 | $1,407 |
Browse Top Apartments in Electra
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Electra, TX Local Guide
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Cheapest Available Electra Apartments for Rent and Nearby
 The cheapest available apartment rental in Electra, TX is a 1 Bed unit found at Chisholm Trail Crossing Apartments priced from $299. Red River Senior Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $346. Here is today’s list of the most affordable Electra apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chisholm Trail Crossing Apartments | 1 Bed/ 1 Bath | 1BR,1BA | $299 |
| Red River Senior Village | 1 Bed/ 1 Bath | 1BR,1BA | $346 |
| Santa Fe Village & Highlander Apartments | Efficiency | 1BR,1BA | $550 |
| Briarwood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $610 |
| Apple Creek Apartments | The Flat | 1BR,1BA | $625 |
| Woodview | 22-40 | 2BR,2BA | $642 |
| Stone Ridge Apartments ALL BILLS PAID | Studio | Studio,1BA | $645 |
| Parkway Villas | Mesquite | 1BR,1BA | $656 |
| Abbington Vista of Henrietta | 1BD | 1BR,1BA | $676 |
| Fountaingate | A1 | 1BR,1BA | $685 |
Best Value Apartments for Rent in Electra, TX and Nearby
As of August 25, 2026 the best value apartment in the Electra area is the $1.07 price per square foot 3 Bedroom/2 Bath Model at Sheppard's Edge in the in the East Wichita Falls neighborhood starting from $1,125. The second greatest value Electra apartment is the 2 Bed/ 2 Bath Model at Red River Senior Village starting at $784 with a $0.80 price per square foot . Here is today’s list of the best values for Electra apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sheppard's Edge | 3 Bedroom/2 Bath | 3BR,2BA | $1.07 |
| Red River Senior Village | 2 Bed/ 2 Bath | 2BR,2BA | $0.80 |
| Woodview | 22-60 | 2BR,2BA | $1.09 |
| Ross Estates | Two Bedroom One Bathroom | 2BR,1BA | $0.96 |
| Mustang Village | 2 Bed / 2 Bath | 2BR,2BA | $0.85 |
| Abbington Vista of Henrietta | 1BD | 1BR,1BA | $0.91 |
| Waterford Glen | 1B | 1BR,1BA | $1.09 |
| Chisholm Trail Crossing Apartments | 1 Bed/ 1 Bath | 1BR,1BA | $0.42 |
| Country Club View Apartments | A1 | 1BR,1BA | $1.02 |
| Briarwood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.97 |
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 Electra, TX Rentals by Map
See the most popular apartments and homes in Electra, TX
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 $299 at Chisholm Trail Crossing 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 $358 at Chisholm Trail Crossing Apartments.
What is the most affordable Electra Three Bedroom Apartment?
The best deal on a cheap Electra Three Bedroom Apartment rental is at Chisholm Trail Crossing Apartments and starts from $407.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.