Cheap Apartments for Rent in the Downtown Wichita Falls Neighborhood of Wichita Falls, TX from $300 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Wichita Falls area of 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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Big Blue
Studio Apartments

Big Blue

719 Scott AveWichita Falls, TX 76301
  • Utilities Included

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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Morning Side Apartments
Studio to 2 Bedroom Apartments

Morning Side Apartments

906 Grant StWichita 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
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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

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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property at 2003 Wilson Ave

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

1 Bedroom, 1 Bath Home for Rent

Available Now

2003 Wilson Ave

Wichita FallsTX76301
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The Harrison
1 to 2 Bedroom Apartments

The Harrison

2100 Virginia DrWichita Falls, TX 76309
Corporate Housing
  • Utilities Included
property at 1810 7th St

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775
Total Monthly Price
$775

2 Bedroom, 1 Bath Home for Rent

Available Now

1810 7th St

Wichita FallsTX76301
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Brigadoon Apartments
Studio to 3 Bedroom Apartments

Brigadoon Apartments

3220 Seymour RdWichita Falls, TX 76309
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3701 Southmoor Ln
1 to 2 Bedroom Apartments

3701 Southmoor Ln

3701 Southmoor LnWichita Falls, TX 76302

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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Showing Results 1-39, Page 1 of 1

Downtown Wichita Falls, Wichita Falls, TX Local Guide

Cheapest Available Downtown Wichita Falls Apartments for Rent

 

The cheapest available apartment rental in the Downtown Wichita Falls area of Wichita Falls, TX is a Studio unit found at Big Blue priced from $100. The Kate Apartments & Student Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Downtown Wichita Falls apartments for rent in Wichita Falls, TX:

Apartment ListingModel NameBed/BathPriced From
Big BlueTower OfficeStudio,$100
The Kate Apartments & Student HousingEfficiencies1BR,1BA$650
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
Austin School LoftsOne Bedroom1BR,1BA$750
Lions Court Apartments2-Bedroom Tile 2nd Floor2BR,1BA$775
Stone Ridge Apartments ALL BILLS PAID1 Bed - 1 Bath1BR,1BA$795
Brigadoon ApartmentsA11BR,1BA$800
The WoodlandsA11BR,1BA$830

Best Value Apartments for Rent in Downtown Wichita Falls, TX

As of April 26, 2026 the best value apartment in the Downtown Wichita Falls area is the $0.99 price per square foot 3 Bed 2 Bath D Model at Camelot Apartments in Wichita Falls TX in the in the East Wichita Falls neighborhood starting from $1,699. The second greatest value Downtown Wichita Falls apartment is the 3 Bedroom 2 Bathroom Model at Washington Village Apartments starting at $1,169 with a $1.02 price per square foot in the East Wichita Falls neighborhood. Here is today’s list of the best values for Downtown Wichita Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Camelot Apartments in Wichita Falls TX3 Bed 2 Bath D3BR,2BA$0.99
Washington Village Apartments3 Bedroom 2 Bathroom3BR,2BA$1.02
Lions Court Apartments2-Bedroom 1st Floor Luxury Upgrade + Back yard2BR,1.5BA$1.10
Maverick on Maurine ApartmentsB12BR,2BA$0.96
Alamo School Lofts1 Bed, 1 bath1BR,1BA$1.06
1507 Polk St1507 Polk St2BR,1BA$1.00
Austin School LoftsOpen LoftStudio ,1BA$1.13
Brigadoon ApartmentsA11BR,1BA$1.10
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
2147 Avenue E, Unit 2147 Ave E Apt C2147 Avenue E1BR,1BA$1.16

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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Pet Friendly Lifestyle

Ranked #

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Frequently Asked Questions about Cheap Downtown Wichita Falls Apartments

What is the price of a cheap apartment in Downtown Wichita Falls?

The cheapest apartment in Downtown Wichita Falls is Santa Fe Village & Highlander Apartments which is listed at $650, while the average apartment in Downtown Wichita Falls costs $1,037.

What types of apartments are the cheapest in Downtown 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 3 regular apartments in Downtown 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 Downtown Wichita Falls?

Cheap apartments in Downtown Wichita Falls have an average cost of $101 which is $936 cheaper than the average rent for all rentals in Downtown 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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.