Cheap Apartments for Rent in the Downtown Wichita Falls Neighborhood of Wichita Falls, TX from $300 (35 Rentals)

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

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.

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Big Blue
Studio Apartments

Big Blue

719 Scott AveWichita Falls, TX 76301
  • Utilities Included
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Morning Side Apartments
Studio to 2 Bedroom Apartments

Morning Side Apartments

906 Grant StWichita Falls, TX 76301
  • Utilities Included

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.

property at 1205 Austin St

$595

1 Bedroom, 1 Bath Home for Rent

Available Now

1205 Austin St

Wichita FallsTX76301
property at 1704 Pearl Ave

$600

1 Bedroom, 1 Bath Home for Rent

Available Now

1704 Pearl Ave

Wichita FallsTX76301
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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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The Holt Apartments
1 to 2 Bedroom Apartments

The Holt Apartments

600 8th StWichita Falls, TX 76301
  • 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.

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1611 Bell St
1 to 2 Bedroom Apartments

1611 Bell St

1611 Bell StWichita Falls, TX 76309
property at 1723 McGregor Ave

$725

1 Bedroom, 1 Bath Home for Rent

Available Now

1723 McGregor Ave

Wichita FallsTX76301
property at 1638 Lucile Ave

$750

3 Bedroom, 1 Bath Home for Rent

Available Now

1638 Lucile 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
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Seymour Landing
1 to 3 Bedroom Apartments

Seymour Landing

3220 Seymour RdWichita Falls, TX 76309
  • Utilities Included
property at 1824 Collins Ave

$795

1 Bedroom, 1 Bath Home for Rent

Available Now

1824 Collins Ave

Wichita FallsTX76301
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3701 Southmoor Ln
1 to 2 Bedroom Apartments

3701 Southmoor Ln

3701 Southmoor LnWichita Falls, TX 76302

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.

property at 1706 McGregor Ave

$850

3 Bedroom, 1 Bath Home for Rent

Available Now

1706 McGregor Ave

Wichita FallsTX76301
property at 1800 Lucile Ave

$900

1 Bedroom, 1 Bath Home for Rent

Available Now

1800 Lucile Ave

Wichita FallsTX76301

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 $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 ListingModel NameBed/BathPriced From
Big BlueTower OfficeStudio,$132
Santa Fe Village & Highlander ApartmentsEfficiency1BR,1BA$550
Woodview22-402BR,2BA$642
Stone Ridge Apartments ALL BILLS PAIDStudioStudio,1BA$645
1611 Bell St1BR/1.0BA1BR,1BA$695
Austin School LoftsOne Bedroom1BR,1BA$750
The WoodlandsA21BR,1BA$790
Alamo School Lofts1 Bed, 1 bath1BR,1BA$895
Washington Village Apartments2 Bedroom 2 Bathroom2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Big BlueOffice Tower SuiteStudio ,2BA$1.60
Washington Village Apartments3 Bedroom 2 Bathroom3BR,2BA$1.02
Woodview32-603BR,2BA$1.04
Seymour LandingB1 2X12BR,1BA$1.06
1507 Polk St, Unit 1507 Polk St Apt A1507 Polk St2BR,1BA$1.00
Austin School LoftsOpen LoftStudio ,1BA$1.13
Alamo School Lofts1 Bed, 1 bath1BR,1BA$1.19
The WoodlandsA11BR,1BA$1.36
Santa Fe Village & Highlander ApartmentsEfficiency1BR,1BA$1.28
Stone Ridge Apartments ALL BILLS PAIDStudioStudio ,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.

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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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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.

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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

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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.

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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.

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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.

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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.