Cheap Apartments for Rent in Wichita Falls, TX from $300 (95 Rentals)

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

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 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

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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Avalon Meadows
1 Bedroom Apartments

Avalon Meadows

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

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.

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Park Place Apartments
1 to 2 Bedroom Apartments

Park Place Apartments

3611 Maplewood AveWichita Falls, TX 76308
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Country Park Apartments
1 to 3 Bedroom Apartments

Country Park Apartments

5282 Professional DrWichita Falls, TX 76302
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1611 Bell St
1 Bedroom Apartments

1611 Bell St

1611 Bell StWichita Falls, TX 76309
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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: 07/09/2025

Current apartment rentals in the Wichita Falls, TX area range in price from $515 to $1,825 with an overall median price of $1,289. 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$55028
North Wichita Falls$1,200$55029
East Wichita Falls$1,407$57458
Southwest Wichita Falls$1,407$515206
West Wichita Falls$1,407$515208

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. 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,$100
FountaingateA11BR,1BA$650
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
Forest GlenA1P 1x11BR,1BA$675
Parkway Villas1 Bedroom/1 Bath1BR,1BA$690
La Donna RGLLC1X11BR,1BA$700
Lions Court Apartments2x1.5 Tile floors on 1st Fl2BR,1BA$725
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$749
Waterford Glen1B1BR,1BA$760
Stone Ridge Apartments ALL BILLS PAID1 Bed - 1 Bath1BR,1BA$765

Best Value Apartments for Rent in Wichita Falls, TX

As of July 10, 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 3-50 Model at Parkstone Crossroads starting at $1,038 with a $0.94 price per square foot in the West 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
Parkstone Crossroads3-503BR,2BA$0.94
Stone Gate Terrace2 bd, 1 ba2BR,2BA$1.06
Brigadoon ApartmentsB12BR,1BA$1.03
Lions Court ApartmentsLuxury Upgraded No Backyard2BR,1.5BA$0.78
Maverick on Maurine ApartmentsB12BR,2BA$0.96
Mustang Village2 Bed / 2 Bath2BR,2BA$0.81
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
Waterford Glen1B1BR,1BA$1.06
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$1.06

Quick Rent Budget Calculator

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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®

41 / 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 $1,289.

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 18 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 $242 which is $1,047 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.