Cheap Apartments for Rent in Wichita Falls, TX from $300 (82 Rentals)

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

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.

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.

property at 1103 Roosevelt St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

1103 Roosevelt St

Wichita FallsTX76301

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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Big Blue
Studio Apartments

Big Blue

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

Avalon Meadows

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

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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Morning Side Apartments
Studio to 2 Bedroom Apartments

Morning Side Apartments

906 Grant StWichita Falls, TX 76301
  • Utilities Included
property at 902 Flood St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

1 Bedroom, 1 Bath Home for Rent

Available Now

902 Flood St

Wichita FallsTX76301
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Park Place Apartments
1 to 2 Bedroom Apartments

Park Place Apartments

3611 Maplewood AveWichita Falls, TX 76308
  • Utilities Included
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1611 Bell St
1 to 2 Bedroom Apartments

1611 Bell St

1611 Bell StWichita Falls, TX 76309
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The Holt Apartments
1 to 2 Bedroom Apartments

The Holt Apartments

600 8th StWichita Falls, TX 76301
  • Utilities Included

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.

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: 03/16/2026

Current apartment rentals in the Wichita Falls, TX area range in price from $439 to $1,965 with an overall median price of $1,264. The three Wichita Falls neighborhoods with the lowest median rent pricing are Downtown Wichita Falls at $550, North Wichita Falls at $550, and East Wichita Falls at $574. 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$1,025$55036
North Wichita Falls$1,075$55047
East Wichita Falls$1,407$57457
Southwest Wichita Falls$1,407$439232
West Wichita Falls$1,407$439230

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 $100. The Kate Apartments & Student Housing in the East 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,$100
The Kate Apartments & Student HousingEfficiencies1BR,1BA$650
Forest GlenA1 1x11BR,1BA$650
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
Parkway VillasMesquite1BR,1BA$656
FountaingateA11BR,1BA$685
Waterford GlenEFFB1BR,1BA$700
La Donna RGLLC1X11BR,1BA$700
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 March 16, 2026 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 2-Bedroom 1st Floor Luxury Upgrade Model at Lions Court Apartments starting at $970 with a $1.05 price per square foot in the East 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
Lions Court Apartments2-Bedroom 1st Floor Luxury Upgrade2BR,1.5BA$1.05
University Village1/11BR,1BA$1.06
Mustang Village2 Bed / 2 Bath2BR,2BA$0.79
Brigadoon ApartmentsA11BR,1BA$1.10
Lincoln Heights2 Bedroom 1.5 Bathroom2BR,1.5BA$1.17
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
Stone Ridge Apartments ALL BILLS PAID1 Bed - 1 Bath1BR,1BA$1.12
Arbor Creek ApartmentsThe Haven1BR,1BA$1.15
Maverick on Maurine ApartmentsA11BR,1BA$1.17

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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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.

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

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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 Santa Fe Village & Highlander Apartments which is listed at $650, while the average apartment in Wichita Falls costs $1,264.

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 93 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 $280 which is $984 cheaper than the average rent for all rentals in Wichita Falls.

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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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.