Cheap Apartments for Rent near Megargel, TX from $300 (52 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.

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.

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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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 Aug 28

The Maverick on Seymour

3706 Seymour RdWichita Falls, TX 76309
Family Friendly
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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

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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Highpoint I
1 to 4 Bedroom Apartments

Highpoint I

5500 Professional DrWichita Falls, TX 76302
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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
property at 4621 Johnson Rd

$825

1 Bedroom, 1 Bath Home for Rent

Available Now

4621 Johnson Rd

Wichita FallsTX76310
property at 3020 Stearns Ave

$900

2 Bedroom, 1 Bath Home for Rent

Available Now

3020 Stearns Ave

Wichita FallsTX76308
property at 3013 Lavell Ave

$1,050

3 Bedroom, 1 Bath Home for Rent

Available Now

3013 Lavell 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.

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
The Kate Apartments & Student HousingEfficiencies1BR,1BA$650
Abbington Vista of Henrietta1BD1BR,1BA$676
FountaingateA11BR,1BA$685
Forest Glen ApartmentsOne Bedroom, One Bath1BR,1BA$695
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$749
Austin School LoftsOne Bedroom1BR,1BA$750
River Bend ApartmentsA11BR,1BA$750

Best Value Apartments for Rent in Megargel, TX and Nearby

As of July 22, 2026 the best value apartment in the Megargel area is the $1.00 price per square foot 2 Bed / 2 Bath Model at Westwind Manor in the in the Wise County neighborhood starting from $1,295. 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.
Westwind Manor2 Bed / 2 Bath2BR,2BA$1.00
Sheppard's Edge3 Bedroom/2 Bath3BR,2BA$1.07
Woodview22-602BR,2BA$1.09
Willow Apts, 929 Brazos, Graham, TX 764501st Floor2BR,1BA$1.12
Austin School LoftsOpen LoftStudio ,1BA$1.13
Red River Senior Village1 Bed/ 1 Bath1BR,1BA$1.20
Abbington Vista of Henrietta1BD1BR,1BA$0.91
Lincoln Heights2 Bedroom 1.5 Bathroom2BR,1.5BA$1.17
Waterford Glen1B1BR,1BA$1.09
River Bend ApartmentsA21BR,1BA$1.19

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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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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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!

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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 Forest Glen Apartments and starts from $995.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.