Cheap Apartments for Rent in Wichita Falls, TX from $300 (87 Rentals)

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

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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property at 1004 Baylor St

1004 Baylor St

Wichita FallsTX76301
property at 2173 Ave J

2173 Ave J

Wichita FallsTX76309

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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Big Blue
Studio Apartments

Big Blue

719 Scott AveWichita Falls, TX 76301
  • Utilities Included
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Avalon Meadows
1 Bedroom Apartments

Avalon Meadows

2610 Old Iowa Park RdWichita Falls, TX 76306
  • Utilities Included

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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Highpoint Village I & II
1 to 4 Bedroom Apartments

Highpoint Village I & II

5500 Professional DrWichita Falls, TX 76302
  • Utilities Included
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Morning Side Apartments
Studio to 2 Bedroom Apartments

Morning Side Apartments

906 Grant StWichita Falls, TX 76301
  • Utilities Included

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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Wichita Falls, TX Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Wichita Falls, TX

Pricing Updated: 09/21/2025

Current apartment rentals in the Wichita Falls, TX area range in price from $495 to $1,825 with an overall median price of $1,306. The three Wichita Falls neighborhoods with the lowest median rent pricing are Downtown Wichita Falls at $495, North Wichita Falls at $495, and East Wichita Falls at $495. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Wichita Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Wichita Falls$1,112$49534
North Wichita Falls$1,199$49538
East Wichita Falls$1,407$49559
Southwest Wichita Falls$1,407$495190
West Wichita Falls$1,407$495197

Cheapest Available Wichita Falls Apartments for Rent

 

The cheapest available apartment rental in Wichita Falls, TX is a Studio unit found at Big Blue in the East Wichita Falls neighborhood priced from $132. Fountaingate in the West 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 Wichita Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Big BlueTower OfficeStudio,$132
FountaingateA11BR,1BA$650
Forest GlenA1 1x11BR,1BA$650
Parkway Villas2 Bedroom/2 Bath2BR,2BA$700
La Donna RGLLC1X11BR,1BA$700
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$749
Waterford Glen1B1BR,1BA$760
Stone Ridge Apartments ALL BILLS PAID1 Bed - 1 Bath1BR,1BA$765
Maverick on Maurine ApartmentsA11BR,1BA$765

Best Value Apartments for Rent in Wichita Falls, TX

As of September 21, 2025 the best value apartment in the Wichita Falls area is the $1.02 price per square foot 3 Bedroom 2 Bathroom Model at Washington Village Apartments in the in the East Wichita Falls neighborhood starting from $1,169. The second greatest value Wichita Falls apartment is the B3 Model at The Maverick on Seymour starting at $1,075 with a $0.96 price per square foot in the North Wichita Falls neighborhood. Here is today’s list of the best values for Wichita Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Washington Village Apartments3 Bedroom 2 Bathroom3BR,2BA$1.02
The Maverick on SeymourB32BR,2BA$0.96
Santa Fe Village & Highlander Apartments2 Bedroom2BR,1BA$0.80
Brigadoon ApartmentsB12BR,1BA$1.03
Mustang Village2 Bed / 2 Bath2BR,2BA$0.81
Parkway Villas2 Bedroom/2 Bath2BR,2BA$0.88
Tealwood PlaceOne Bedroom One Bathroom1BR,1BA$1.08
Waterford Glen1B1BR,1BA$1.06
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$1.06
1623 Elizabeth Ave, Unit C1623 Elizabeth Ave1BR,1BA$0.77

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Wichita Falls Overview

Any mention of city life evokes thoughts of high living costs and high unemployment rates, right? Well, Wichita Falls, Texas is a different kind of city. This metropolis, nick-named Fall’s Town, boasts highly affordable living, a small population of about 100,000 and low unemployment rates. Wichita Falls prides itself in having great weather and being ranked the second best place for working parents to live in America.

Why live in Wichita Falls, TX?

Besides the rich cultural diversity and contemporary life of Wichita Falls, there are many reasons why you can consider living here. Wichita Falls has highly affordable living costs, with living costs being almost 15 percent below the national rate. Similarly, you can live in a Wichita Falls apartment and enjoy housing costs that are 14 percent less than those of average American cities. There are impressively low unemployment rates of 5.6 percent, great weather and efficient public transportation systems. All these factors make the city of Wichita Falls the second best place in America for working parents to live in.

Wichita Falls, TX
Population: 104,576

Ranked #297

in US Census Population by City

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Best Local Schools in
Wichita Falls, TX

School data provided by Great Schools

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

Explore Wichita Falls, TX Rentals by Map

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See the most popular apartments and homes in Wichita Falls, TX

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Getting Around Wichita Falls, TX

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Wichita Falls Apartments

What is the price of a cheap apartment in Wichita Falls?

The cheapest apartment in Wichita Falls is Fountaingate which is listed at $650, while the average apartment in Wichita Falls costs $1,306.

What types of apartments are the cheapest in Wichita Falls?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 26 regular apartments in Wichita Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Wichita Falls?

Cheap apartments in Wichita Falls have an average cost of $233 which is $1,073 cheaper than the average rent for all rentals in Wichita Falls.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.