Cheap Apartments for Rent in Wichita Falls, TX from $300 (108 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.

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.

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.

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
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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 Jun 20

The Maverick on Seymour

3706 Seymour RdWichita Falls, TX 76309
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property at 2514 Buchanan St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

2514 Buchanan St

Wichita FallsTX76309
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Big Blue
Studio Apartments

Big Blue

719 Scott AveWichita Falls, TX 76301
  • Utilities Included

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 1512 Kemp Blvd

$575

1 Bedroom, 1 Bath Home for Rent

Available Now

1512 Kemp Blvd

Wichita FallsTX76309
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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 1111 Monroe St

$595

1 Bedroom, 1 Bath Home for Rent

Available Now

1111 Monroe St

Wichita FallsTX76309
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Avalon Meadows
Studio to 1 Bedroom Apartments

Avalon Meadows

2610 Old Iowa Park RdWichita Falls, TX 76306
  • 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

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

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Wichita Falls, TX

Pricing Updated: 06/16/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Wichita Falls$1,025$55032
North Wichita Falls$1,299$55022
East Wichita Falls$1,407$55054
Southwest Wichita Falls$1,407$439154
West Wichita Falls$1,407$439155

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 ListingModel NameBed/BathPriced From
Big BlueTower OfficeStudio,$100
Woodview2X22BR,2BA$641
The Kate Apartments & Student HousingEfficiencies1BR,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
Parkway VillasWillowbend2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
4808 Johnson Rd4808 Johnson Rd3BR,1.5BA$0.70
Stone Gate Terrace3 bd, 2 ba3BR,2BA$1.02
4802 Johnson Rd, Unit 2084802 Johnson Rd2BR,1BA$0.68
Washington Village Apartments3 Bedroom 2 Bathroom3BR,2BA$1.02
Parkway VillasPecan3BR,2BA$0.97
Woodview2X22BR,2BA$0.67
Alamo School Lofts1 Bed, 1 bath1BR,1BA$1.01
Mustang Village2 Bed / 2 Bath2BR,2BA$0.80
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
Waterford Glen1B1BR,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.

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Real 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.

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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 $1,309.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.