
Cheap Homes for Rent in Downtown Wichita Falls Neighborhood of Wichita Falls, TX from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Wichita Falls area of Wichita Falls.


1011 16th St

1801 11th St

1814 Pearl Ave

1818 Collins Ave

1612 14th St
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.

1104 Bluff St

1801 Rose St

1810 7th St

1105 Bluff St

1651 Wilson Ave

1714 7th St
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.

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

How much does it cost to rent a home in Downtown Wichita Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Wichita Falls 2 Bedroom Homes for Rent | $986 | $800 | $1,300 |
| Downtown Wichita Falls 3 Bedroom Homes for Rent | $912 | $850 | $975 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Big Blue | Tower Office | Studio, | $100 |
| The Kate Apartments & Student Housing | Efficiencies | 1BR,1BA | $650 |
| Santa Fe Village & Highlander Apartments | 1 Bedroom | 1BR,1BA | $650 |
| Austin School Lofts | One Bedroom | 1BR,1BA | $750 |
| Stone Ridge Apartments ALL BILLS PAID | 1 Bed - 1 Bath | 1BR,1BA | $765 |
Best Value Apartments for Rent in Downtown Wichita Falls, TX
As of April 07, 2026 the best value apartment in the Downtown Wichita Falls area is the $1.08 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 $1,865. 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. |
|---|---|---|---|
| Camelot Apartments in Wichita Falls TX | 3 Bed 2 Bath D | 3BR,2BA | $1.08 |
| Washington Village Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
| Lions Court Apartments | 2-Bedroom 1st Floor Luxury Upgrade + Back yard | 2BR,1.5BA | $1.10 |
| Alamo School Lofts | 1 Bed, 1 bath | 1BR,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 |
| Brigadoon Apartments | A1 | 1BR,1BA | $1.10 |
| Santa Fe Village & Highlander Apartments | 1 Bedroom | 1BR,1BA | $0.90 |
| Stone Ridge Apartments ALL BILLS PAID | 1 Bed - 1 Bath | 1BR,1BA | $1.12 |
| 2147 Avenue E, Unit 2147 Ave E Apt C | 2147 Avenue E | 1BR,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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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.
Pet Friendly Lifestyle
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Among cities in Texas for Apartment listings with Pet Friendly Amenities.
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Frequently Asked Questions about Downtown Wichita Falls
What type of rentals are currently available in Downtown Wichita Falls?
There are currently 49 Apartments for Rent in Downtown Wichita Falls, TX with pricing that ranges from $495 to $1,865. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Wichita Falls ranging from $595 to $1,300.
What is the current price range for Rental Homes in Downtown Wichita Falls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Wichita Falls ranges from $595 to $1,300 with an average monthly rent of $811.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.