Cheap Homes for Rent near Megargel, TX from $800 (7 Rentals)

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

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

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 3013 Lavell Ave

$1,050

3 Bedroom, 1 Bath Home for Rent

Available Now

3013 Lavell Ave

Wichita FallsTX76308

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.

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

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Megargel

What type of rentals are currently available in Megargel?

There are currently 48 Apartments for Rent in Megargel, TX with pricing that ranges from $346 to $2,754. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Megargel ranging from $825 to $3,500.

What is the current price range for Rental Homes in Megargel?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Megargel ranges from $825 to $3,500 with an average monthly rent of $1,742.

How much are larger Three and Four Bedroom Rentals in Megargel?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Megargel range from $530 to $2,754, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,800 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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.