Cheap Homes for Rent in Wichita Falls, TX from $500 (71 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 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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 2939 Moffett Ave

2939 Moffett Ave

Wichita FallsTX76308
Showing Results 1-50, Page 1 of 2

Wichita Falls, TX Local Guide

Cheapest Neighborhoods for Apartments in Wichita Falls, TX

Pricing Updated: 06/25/2025

Current apartment rentals in the Wichita Falls, TX area range in price from $575 to $4,300 with an overall median price of $1,787. The three Wichita Falls neighborhoods with the lowest median rent pricing are Downtown Wichita Falls at $575, East Wichita Falls at $575, and North Wichita Falls at $575. 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$1,037$57514
East Wichita Falls$1,700$57561
North Wichita Falls$1,700$57593
West Wichita Falls$2,075$575134
Southwest Wichita Falls$2,425$575149

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 $100. 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,$100
FountaingateA11BR,1BA$650
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
Forest GlenA1P 1x11BR,1BA$675
Parkway Villas2 Bedroom/2 Bath2BR,2BA$690
La Donna RGLLC1X11BR,1BA$700
Lions Court Apartments2x1.5 Tile floors on 1st Fl2BR,1BA$725
Waterford Glen1B1BR,1BA$760
Stone Ridge Apartments ALL BILLS PAID1 Bed - 1 Bath1BR,1BA$765
The WoodlandsA21BR,1BA$790

Best Value Apartments for Rent in Wichita Falls, TX

As of June 26, 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 $940 with a $0.85 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$0.85
Brigadoon ApartmentsB22BR,2BA$1.02
Raintree Apartments2X22BR,2BA$1.04
Lions Court ApartmentsLuxury Upgraded No Backyard2BR,1.5BA$0.78
Parkway Villas2 Bedroom/2 Bath2BR,2BA$0.86
The Maverick on SeymourA11BR,1BA$1.06
Mustang Village2 Bed / 2 Bath2BR,2BA$0.81
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
Waterford Glen1B1BR,1BA$1.06

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 97 Apartments for Rent in Wichita Falls, TX with pricing that ranges from $495 to $1,825. There are also 177 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wichita Falls ranging from $575 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 $575 to $4,300 with an average monthly rent of $1,421.

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 $750 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,200 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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.