Cheap Homes for Rent in Downtown Wichita Falls Neighborhood of Wichita Falls, TX from $500 (13 Rentals)

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

property at 1818 Collins Ave

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

1 Bedroom, 1 Bath Home for Rent

Available Now

1818 Collins Ave

Wichita FallsTX76301

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.

property at 1801 Rose St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

2 Bedroom, 1 Bath Home for Rent

Available Now

1801 Rose St

Wichita FallsTX76301
property at 1810 7th St

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

2 Bedroom, 1 Bath Home for Rent

Available Now

1810 7th St

Wichita FallsTX76301
property at 1714 7th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

3 Bedroom, 1 Bath Home for Rent

Available Now

1714 7th St

Wichita FallsTX76301

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.

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
Stone Ridge Apartments ALL BILLS PAID1 Bed - 1 Bath1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Camelot Apartments in Wichita Falls TX3 Bed 2 Bath D3BR,2BA$1.08
Washington Village Apartments3 Bedroom 2 Bathroom3BR,2BA$1.02
Lions Court Apartments2-Bedroom 1st Floor Luxury Upgrade + Back yard2BR,1.5BA$1.10
Alamo School Lofts1 Bed, 1 bath1BR,1BA$1.06
1507 Polk St, Unit 1507 Polk St Apt A1507 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
Stone Ridge Apartments ALL BILLS PAID1 Bed - 1 Bath1BR,1BA$1.12
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 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

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.

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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.

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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.

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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.