
Cheap Homes for Rent in Electra, TX from $385 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Electra.


501 E Lincoln Ave

209 S Ave B

209 Ave
Rent According to Income: A Look at Income-Restricted Rentals
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102 Smith St

207 County Rd

1138 Covington St

416 S Ave B
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604 E 1st St
Electra, TX Local Guide

How much does it cost to rent a home in Electra?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Electra 2 Bedroom Homes for Rent | $1,002 | $385 | $1,750 |
| Electra 3 Bedroom Homes for Rent | $1,588 | $800 | $2,800 |
| Electra 4 Bedroom Homes for Rent | $2,137 | $650 | $3,500 |
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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 |
Best Value Apartments for Rent in Electra, TX and Nearby
As of September 10, 2026 the best value apartment in the Electra area is the $1.01 price per square foot C1F Model at The Maverick on Seymour in the in the North Wichita Falls neighborhood starting from $1,417. The second greatest value Electra apartment is the 3 Bedroom/2 Bath Model at Sheppard's Edge starting at $1,125 with a $1.07 price per square foot in the East Wichita Falls neighborhood. 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. |
|---|---|---|---|
| The Maverick on Seymour | C1F | 3BR,2BA | $1.01 |
| Sheppard's Edge | 3 Bedroom/2 Bath | 3BR,2BA | $1.07 |
| Red River Senior Village | 2 Bed/ 2 Bath | 2BR,2BA | $0.80 |
| Ross Estates | Two Bedroom One Bathroom | 2BR,1BA | $0.94 |
| Mustang Village | 2 Bed / 2 Bath | 2BR,2BA | $0.85 |
| Apple Creek Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.04 |
| 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 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Electra
What type of rentals are currently available in Electra?
There are currently 50 Apartments for Rent in Electra, TX with pricing that ranges from $299 to $1,825. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Electra ranging from $385 to $3,500.
What is the current price range for Rental Homes in Electra?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Electra ranges from $385 to $3,500 with an average monthly rent of $1,615.
How much are larger Three and Four Bedroom Rentals in Electra?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Electra range from $407 to $1,825, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,800. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $430.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.