Cheap Apartments for Rent in Wichita Falls, TX from $300 (121 Rentals)

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

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
property at 2003 Buchanan St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

3 Bedroom, 2 Bath Home for Rent

Available May 8

2003 Buchanan St

Wichita FallsTX76309

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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Morning Side Apartments
Studio to 2 Bedroom Apartments

Morning Side Apartments

906 Grant StWichita Falls, TX 76301
  • 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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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: 04/30/2026

Current apartment rentals in the Wichita Falls, TX area range in price from $575 to $4,300 with an overall median price of $1,925. The three Wichita Falls neighborhoods with the lowest median rent pricing are Downtown Wichita Falls at $575, North Wichita Falls at $575, and East Wichita Falls at $575. 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$1,600$57518
North Wichita Falls$1,600$57576
East Wichita Falls$1,675$57550
Southwest Wichita Falls$2,375$575111
West Wichita Falls$2,375$575105

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. 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,$132
The Kate Apartments & Student HousingEfficiencies1BR,1BA$650
Forest GlenA1 1x11BR,1BA$650
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
FountaingateA11BR,1BA$685
La Donna RGLLC1X11BR,1BA$700
Lakeview Townhomes1B11BR,1BA$745
Austin School LoftsOne Bedroom1BR,1BA$750
Lions Court Apartments2-Bedroom Tile 2nd Floor2BR,1BA$775

Best Value Apartments for Rent in Wichita Falls, TX

As of April 30, 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 bd, 1 ba Model at Stone Gate Terrace starting at $1,100 with a $1.09 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
Stone Gate Terrace2 bd, 1 ba2BR,2BA$1.09
Lions Court Apartments2-Bedroom 1st Floor Luxury Upgrade + Back yard2BR,1.5BA$1.10
University Village1/11BR,1BA$1.06
Maverick on Maurine ApartmentsB12BR,2BA$0.96
Alamo School Lofts1 Bed, 1 bath1BR,1BA$1.06
1507 Polk St1507 Polk St2BR,1BA$1.00
Mustang Village2 Bed / 2 Bath2BR,2BA$0.80
Brigadoon ApartmentsA11BR,1BA$1.10
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90

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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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.

Best Local Schools in
Wichita Falls, TX

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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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Frequently Asked Questions about Cheap Wichita Falls Apartments

How much is rent for a Cheap One Bedroom Wichita Falls Apartment?

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Wichita Falls is starting from $775 at Lions Court Apartments.

What is the most affordable Wichita Falls Three Bedroom Apartment?

The best deal on a cheap Wichita Falls Three Bedroom Apartment rental is at Forest Glen 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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.