
Cheap Apartments for Rent in Wichita Falls, TX from $300 (108 Rentals)
Search the lowest-cost Apartments available for rent right now in Wichita Falls.


Taft Haus Apartments

Santa Fe Village & Highlander Apartments

Total Monthly Price
2147 Avenue E, Unit 2147 Ave E Apt C

902 Flood St

Woodview

Fountaingate

The Kate Apartments & Student Housing

Parkway Villas

Country Park
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.

Waterford Glen

La Donna RGLLC

Highpoint I

Lions Court Apartments

Indian Falls Apartments

Lakeview Townhomes

Sheppard's Edge

Austin School Lofts

1401 Fillmore St

Stone Ridge Apartments ALL BILLS PAID
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.

Maverick on Maurine Apartments

Arbor Creek Apartments

Lincoln Heights

4507 Coronado Ave, Unit 21C

The Woodlands

Camelot Apartments in Wichita Falls TX

Raintree Apartments

Alamo School Lofts

Hunters Crossing Apartments

Total Monthly Price
4808 Johnson Rd
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.

Total Monthly Price
4802 Johnson Rd, Unit 208

Total Monthly Price
1611 Elizabeth Ave, Unit Elizabeth (Main)

1103 Roosevelt St

Parkstone Crossroads

Total Monthly Price
The Maverick on Seymour

2514 Buchanan St

39Nineteen

Big Blue

Stone Ridge Apartments - East

Medical Heights Apartments
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.

704 Baylor St

1512 Kemp Blvd

1303 Bell St

Morning Side Apartments

The Edge of Wichita Falls

1111 Monroe St

Avalon Meadows

Sheppard Falls Apartments

902 Flood St

Park Place Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Wichita Falls, TX Local Guide

How much does it cost to rent an apartment in Wichita Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Wichita Falls Studio Apartments | $625 | $515 | $845 |
| Cheap Wichita Falls 1 Bedroom Apartments | $812 | $439 | $1,500 |
| Cheap Wichita Falls 2 Bedroom Apartments | $977 | $525 | $1,740 |
| Cheap Wichita Falls 3 Bedroom Apartments | $1,095 | $530 | $1,825 |
| Cheap Wichita Falls 4 Bedroom Apartments | $1,407 | $1,407 | $1,407 |
Browse Top Apartments in Wichita Falls
See all Apartments in Wichita FallsExplore Wichita Falls
Wichita Falls, TX Local Guide

- Wichita Falls Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Wichita Falls, TX
Pricing Updated: 06/16/2026Current apartment rentals in the Wichita Falls, TX area range in price from $439 to $1,825 with an overall median price of $1,309. 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 $550. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Wichita Falls Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Wichita Falls | $1,025 | $550 | 32 |
| North Wichita Falls | $1,299 | $550 | 22 |
| East Wichita Falls | $1,407 | $550 | 54 |
| Southwest Wichita Falls | $1,407 | $439 | 154 |
| West Wichita Falls | $1,407 | $439 | 155 |
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. Woodview in the East Wichita Falls neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $641. Here is today’s list of the most affordable Wichita Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Big Blue | Tower Office | Studio, | $100 |
| Woodview | 2X2 | 2BR,2BA | $641 |
| The Kate Apartments & Student Housing | Efficiencies | 1BR,1BA | $650 |
| Santa Fe Village & Highlander Apartments | 1 Bedroom | 1BR,1BA | $650 |
| Fountaingate | A1 | 1BR,1BA | $685 |
| La Donna RGLLC | 1X1 | 1BR,1BA | $700 |
| Lakeview Townhomes | 1B1 | 1BR,1BA | $745 |
| Austin School Lofts | One Bedroom | 1BR,1BA | $750 |
| Parkway Villas | Willowbend | 2BR,2BA | $775 |
Best Value Apartments for Rent in Wichita Falls, TX
As of June 16, 2026 the best value apartment in the Wichita Falls area is the $0.70 price per square foot 4808 Johnson Rd Model at 4808 Johnson Rd in the in the West Wichita Falls neighborhood starting from $950. The second greatest value Wichita Falls apartment is the 3 bd, 2 ba Model at Stone Gate Terrace starting at $1,345 with a $1.02 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4808 Johnson Rd | 4808 Johnson Rd | 3BR,1.5BA | $0.70 |
| Stone Gate Terrace | 3 bd, 2 ba | 3BR,2BA | $1.02 |
| 4802 Johnson Rd, Unit 208 | 4802 Johnson Rd | 2BR,1BA | $0.68 |
| Washington Village Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
| Parkway Villas | Pecan | 3BR,2BA | $0.97 |
| Woodview | 2X2 | 2BR,2BA | $0.67 |
| Alamo School Lofts | 1 Bed, 1 bath | 1BR,1BA | $1.01 |
| Mustang Village | 2 Bed / 2 Bath | 2BR,2BA | $0.80 |
| Santa Fe Village & Highlander Apartments | 1 Bedroom | 1BR,1BA | $0.90 |
| Waterford Glen | 1B | 1BR,1BA | $1.09 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
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
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wichita Falls, TX Rentals by Map
See the most popular apartments and homes in Wichita Falls, TX
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 $1,309.
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 51 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 $148 which is $1,161 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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.