Cheap Homes for Rent in Wichita Falls, TX from $400 (81 Rentals)

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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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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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property at 2407 Carrigan Ave

2407 Carrigan Ave

Wichita FallsTX76301

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Wichita Falls, TX Local Guide

Cheapest Neighborhoods for Apartments in Wichita Falls, TX

Pricing Updated: 08/03/2025

Current apartment rentals in the Wichita Falls, TX area range in price from $475 to $4,300 with an overall median price of $2,229. The three Wichita Falls neighborhoods with the lowest median rent pricing are Downtown Wichita Falls at $550, East Wichita Falls at $475, and West Wichita Falls at $475. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Wichita Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Wichita Falls$1,425$55015
East Wichita Falls$1,600$47577
West Wichita Falls$2,220$475146
North Wichita Falls$2,700$475109
Southwest Wichita Falls$3,200$475164

Cheapest Available Wichita Falls Apartments for Rent

 

The cheapest available apartment rental in Wichita Falls, TX is a Studio unit found at Big Blue in the East Wichita Falls neighborhood priced from $132. Fountaingate in the West Wichita Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Wichita Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Big BlueTower OfficeStudio,$132
FountaingateA11BR,1BA$650
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
Parkway Villas1 Bedroom/1 Bath1BR,1BA$670
Forest GlenA1P 1x11BR,1BA$675
La Donna RGLLC1X11BR,1BA$700
Lions Court Apartments2x1.5 Tile floors on 1st Fl2BR,1BA$725
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$749
Waterford Glen1B1BR,1BA$760
Stone Ridge Apartments ALL BILLS PAID1 Bed - 1 Bath1BR,1BA$765

Best Value Apartments for Rent in Wichita Falls, TX

As of August 04, 2025 the best value apartment in the Wichita Falls area is the $1.02 price per square foot 3 Bedroom 2 Bathroom Model at Washington Village Apartments in the in the East Wichita Falls neighborhood starting from $1,169. The second greatest value Wichita Falls apartment is the 3-50 Model at Parkstone Crossroads starting at $1,038 with a $0.94 price per square foot in the West Wichita Falls neighborhood. Here is today’s list of the best values for Wichita Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Washington Village Apartments3 Bedroom 2 Bathroom3BR,2BA$1.02
Parkstone Crossroads3-503BR,2BA$0.94
Brigadoon ApartmentsB22BR,2BA$1.02
Lions Court ApartmentsLuxury Upgraded No Backyard2BR,1.5BA$0.78
Maverick on Maurine ApartmentsB12BR,2BA$0.96
Tealwood PlaceOne Bedroom One Bathroom1BR,1BA$1.08
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
Waterford Glen1B1BR,1BA$1.06
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$1.06
Stone Ridge Apartments ALL BILLS PAID1 Bed - 1 Bath1BR,1BA$1.12

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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Frequently Asked Questions about Wichita Falls

What type of rentals are currently available in Wichita Falls?

There are currently 98 Apartments for Rent in Wichita Falls, TX with pricing that ranges from $495 to $1,825. There are also 194 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wichita Falls ranging from $475 to $4,300.

What is the current price range for Rental Homes in Wichita Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wichita Falls ranges from $475 to $4,300 with an average monthly rent of $1,709.

How much are larger Three and Four Bedroom Rentals in Wichita Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wichita Falls range from $550 to $1,825, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,650. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $1,407.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.