Cheap Homes for Rent in Electra, TX from $385 (9 Rentals)

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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.

property at 102 Smith St
$900
3 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

102 Smith St

BurkburnettTX76354
property at 207 County Rd
$900
3 Bedroom, 1 Bath Home for Rent
Available Now

207 County Rd

BurkburnettTX76354
property at 1138 Covington St
$900
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1138 Covington St

Wichita FallsTX76306
property at 416 S Ave B
$925
3 Bedroom, 1 Bath Home for Rent
Available Now

416 S Ave B

BurkburnettTX76354

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.

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 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 ListingModel NameBed/BathPriced From
Chisholm Trail Crossing Apartments1 Bed/ 1 Bath1BR,1BA$299
Red River Senior Village1 Bed/ 1 Bath1BR,1BA$346
Santa Fe Village & Highlander ApartmentsEfficiency1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Maverick on SeymourC1F3BR,2BA$1.01
Sheppard's Edge3 Bedroom/2 Bath3BR,2BA$1.07
Red River Senior Village2 Bed/ 2 Bath2BR,2BA$0.80
Ross EstatesTwo Bedroom One Bathroom2BR,1BA$0.94
Mustang Village2 Bed / 2 Bath2BR,2BA$0.85
Apple Creek Apartments2 Bedroom 1 Bath2BR,1BA$1.04
Abbington Vista of Henrietta1BD1BR,1BA$0.91
Waterford Glen1B1BR,1BA$1.09
Chisholm Trail Crossing Apartments1 Bed/ 1 Bath1BR,1BA$0.42
Briarwood Apartments1 Bedroom 1 Bath1BR,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.

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Navigating 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.

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Real 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.

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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

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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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

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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.

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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.