
Cheap Apartments for Rent in the Downtown Wichita Falls Neighborhood of Wichita Falls, TX from $300 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Wichita Falls area of Wichita Falls.


Santa Fe Village & Highlander Apartments

Stone Ridge Apartments ALL BILLS PAID

The Kate Apartments & Student Housing

Lions Court Apartments

Austin School Lofts

Maverick on Maurine Apartments

The Woodlands
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
1507 Polk St, Unit 1507 Polk St Apt A

Hunters Crossing Apartments

Camelot Apartments in Wichita Falls TX

Alamo School Lofts

Big Blue

Stone Ridge Apartments - East

Medical Heights Apartments

Morning Side Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1205 Austin St

Sheppard Falls Apartments

1704 Pearl Ave

Avalon Meadows

Park Place Apartments

607 Van Buren St

The Holt Apartments

2115 Princeton Ave
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.

1611 Bell St

1723 McGregor Ave

1638 Lucile Ave

The Harrison

Washington Village Apartments

Seymour Landing

1824 Collins Ave

3701 Southmoor Ln
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.

1706 McGregor Ave

1800 Lucile Ave

1313 1/2 Burnett St
Downtown Wichita Falls, Wichita Falls, TX Local Guide

How much does it cost to rent an apartment in Downtown Wichita Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Wichita Falls Studio Apartments | $745 | $645 | $845 |
| Downtown Wichita Falls 1 Bedroom Apartments | $873 | $550 | $1,114 |
| Downtown Wichita Falls 2 Bedroom Apartments | $976 | $436 | $1,500 |
| Downtown Wichita Falls 3 Bedroom Apartments | $1,153 | $723 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Downtown Wichita Falls Neighborhood of Wichita Falls, TX.
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Downtown Wichita Falls, Wichita Falls, TX Local Guide
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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 $132. Santa Fe Village & Highlander Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Downtown Wichita Falls apartments for rent in Wichita Falls, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Big Blue | Tower Office | Studio, | $132 |
| Santa Fe Village & Highlander Apartments | Efficiency | 1BR,1BA | $550 |
| Woodview | 22-40 | 2BR,2BA | $642 |
| Stone Ridge Apartments ALL BILLS PAID | Studio | Studio,1BA | $645 |
| 1611 Bell St | 1BR/1.0BA | 1BR,1BA | $695 |
| Austin School Lofts | One Bedroom | 1BR,1BA | $750 |
| The Woodlands | A2 | 1BR,1BA | $790 |
| Alamo School Lofts | 1 Bed, 1 bath | 1BR,1BA | $895 |
| Washington Village Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $904 |
Best Value Apartments for Rent in Downtown Wichita Falls, TX
As of August 18, 2026 the best value apartment in the Downtown Wichita Falls area is the $1.60 price per square foot Office Tower Suite Model at Big Blue in the in the East Wichita Falls neighborhood starting from $8,000. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Big Blue | Office Tower Suite | Studio ,2BA | $1.60 |
| Washington Village Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
| Woodview | 32-60 | 3BR,2BA | $1.04 |
| Seymour Landing | B1 2X1 | 2BR,1BA | $1.06 |
| 1507 Polk St, Unit 1507 Polk St Apt A | 1507 Polk St | 2BR,1BA | $1.00 |
| Austin School Lofts | Open Loft | Studio ,1BA | $1.13 |
| Alamo School Lofts | 1 Bed, 1 bath | 1BR,1BA | $1.19 |
| The Woodlands | A1 | 1BR,1BA | $1.36 |
| Santa Fe Village & Highlander Apartments | Efficiency | 1BR,1BA | $1.28 |
| Stone Ridge Apartments ALL BILLS PAID | Studio | Studio ,1BA | $2.21 |
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.
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Among cities in Texas for Apartment listings with Pet Friendly Amenities.
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Frequently Asked Questions about Cheap Downtown Wichita Falls Apartments
How much is rent for a Cheap One Bedroom Downtown Wichita Falls Apartment?
The lowest price for a Cheap One Bedroom Downtown Wichita Falls Apartment is $550 at Santa Fe Village & Highlander Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Wichita Falls Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Wichita Falls is starting from $642 at Woodview.
What is the most affordable Downtown Wichita Falls Three Bedroom Apartment?
The best deal on a cheap Downtown Wichita Falls Three Bedroom Apartment rental is at Woodview and starts from $960.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.