Cheap Apartments for Rent in Olney, TX from $400 (51 Rentals)

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

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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 Now

The Maverick on Seymour

3706 Seymour RdWichita Falls, TX 76309
Family Friendly
  • Verified
  • Customer Reviewed
  • Low Income

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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
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Alvord Hills Apartments
1 to 2 Bedroom Apartments

Alvord Hills Apartments

195 Private Road 2386Alvord, TX 76225
  • Utilities Included
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Brook Hollow
1 to 2 Bedroom Apartments

Brook Hollow

6731 Southwest PkyWichita Falls, TX 76310

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Olney, TX Local Guide

Cheapest Available Olney Apartments for Rent and Nearby

 

The cheapest available apartment rental in Olney, TX is a 1 Bed unit found at Forest Glen in the West Wichita Falls neighborhood priced from $650. 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 $650. Here is today’s list of the most affordable Olney apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forest GlenA1 1x11BR,1BA$650
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
The Kate Apartments & Student HousingEfficiencies1BR,1BA$650
Abbington Vista of Henrietta1BD1BR,1BA$676
FountaingateA11BR,1BA$685
Country Club Estates1br duplex1BR,1BA$699
La Donna RGLLC1X11BR,1BA$700
Parkway VillasWillowbend2BR,2BA$710
Lakeview Townhomes1B11BR,1BA$745
Austin School LoftsOne Bedroom1BR,1BA$750

Best Value Apartments for Rent in Olney, TX and Nearby

As of April 16, 2026 the best value apartment in the Olney area is the $1.04 price per square foot 3 Bed 2 Bath D Model at Camelot Apartments in Wichita Falls TX in the in the East Wichita Falls neighborhood starting from $1,799. The second greatest value Olney apartment is the 2 Bed / 2 Bath Model at Westwind Manor starting at $1,295 with a $1.08 price per square foot . Here is today’s list of the best values for Olney apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Camelot Apartments in Wichita Falls TX3 Bed 2 Bath D3BR,2BA$1.04
Westwind Manor2 Bed / 2 Bath2BR,2BA$1.08
Maverick on Maurine ApartmentsB12BR,2BA$0.96
Alamo School Lofts1 Bed, 1 bath1BR,1BA$1.06
Mustang Village2 Bed / 2 Bath2BR,2BA$0.79
Parkway VillasWillowbend2BR,2BA$0.97
Pioneer Crossing Burkburnett SeniorsOne Bed1BR,1BA$1.00
Abbington Vista of Henrietta1BD1BR,1BA$0.91
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
Country Club Estates1br duplex1BR,1BA$0.98

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

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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Olney, TX

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Olney Apartments

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

The lowest price for a Cheap One Bedroom Olney Apartment is $650 at Forest Glen.

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

Today's best deal for a Cheap Two Bedroom Apartment in Olney is starting from $775 at Parkway Villas.

What is the most affordable Olney Three Bedroom Apartment?

The best deal on a cheap Olney Three Bedroom Apartment rental is at Country Club Estates and starts from $889.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.