Cheap Apartments for Rent near Megargel, TX from $346 (59 Rentals)

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

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.

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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.

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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.

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Country Park
1 to 3 Bedroom Apartments

Country Park

5282 Professional DrWichita Falls, TX 76302
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Forest Glen Apartments
1 to 3 Bedroom Apartments

Forest Glen Apartments

5248 Professional DrWichita Falls, TX 76302
  • Utilities Included
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Highpoint I
1 to 4 Bedroom Apartments

Highpoint I

5500 Professional DrWichita Falls, TX 76302

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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The Courtyard
1 to 3 Bedroom Apartments

The Courtyard

4601 Woodland AveVernon, TX 76384
  • Utilities Included
property at 4621 Johnson Rd
$750
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

4621 Johnson Rd

Wichita FallsTX76310
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Tealwood Place
1 to 3 Bedroom Apartments

Tealwood Place

5300 Professional DrWichita Falls, TX 76302
  • Utilities Included
property at 4501 Mistletoe Dr
$925
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

4501 Mistletoe Dr

Wichita FallsTX76310
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Westwind Manor
2 Bedroom Apartments

Westwind Manor

156 Private Road 1509Runaway Bay, TX 76426
Senior Living
property at 2808 Stearns Ave
$1,300
2 Bedroom, 1 Bath Home for Rent
Available Now

2808 Stearns Ave

Wichita FallsTX76308

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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Megargel, TX Local Guide

Cheapest Available Megargel Apartments for Rent and Nearby

 

The cheapest available apartment rental in Megargel, TX is a 1 Bed unit found at Red River Senior Village priced from $346. Santa Fe Village & Highlander Apartments in the North Wichita Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Megargel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Red River Senior Village1 Bed/ 1 Bath1BR,1BA$346
Santa Fe Village & Highlander ApartmentsEfficiency1BR,1BA$550
Stone Ridge Apartments ALL BILLS PAIDStudioStudio,1BA$645
Abbington Vista of Henrietta1BD1BR,1BA$676
FountaingateA11BR,1BA$685
Parkway VillasMesquite1BR,1BA$731
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$749
Austin School LoftsOne Bedroom1BR,1BA$750
River Bend ApartmentsA11BR,1BA$750
Waterford Glen1B1BR,1BA$780

Best Value Apartments for Rent in Megargel, TX and Nearby

As of September 06, 2026 the best value apartment in the Megargel 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 Megargel 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 Megargel 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
Woodview22-602BR,2BA$1.09
Mustang Village2 Bed / 2 Bath2BR,2BA$0.85
Willow Apts, 929 Brazos, Graham, TX 764501st Floor2BR,1BA$1.12
Alamo School Lofts1 Bed, 1 bath1BR,1BA$1.13
Austin School LoftsOpen LoftStudio ,1BA$1.13
Abbington Vista of Henrietta1BD1BR,1BA$0.91
Waterford Glen1B1BR,1BA$1.09

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 Cheap Megargel Apartments

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

The lowest price for a Cheap One Bedroom Megargel Apartment is $346 at Red River Senior Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in Megargel is starting from $784 at Red River Senior Village.

What is the most affordable Megargel Three Bedroom Apartment?

The best deal on a cheap Megargel Three Bedroom Apartment rental is at Woodview and starts from $960.

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.

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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.