Cheap Homes for Rent in Wichita Falls, TX from $400 (53 Rentals)

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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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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.

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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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Wichita Falls, TX Local Guide

Cheapest Neighborhoods for Apartments in Wichita Falls, TX

Pricing Updated: 09/20/2025

Current apartment rentals in the Wichita Falls, TX area range in price from $495 to $1,825 with an overall median price of $1,289. The three Wichita Falls neighborhoods with the lowest median rent pricing are Downtown Wichita Falls at $495, North Wichita Falls at $495, and East Wichita Falls at $495. 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$1,025$49532
North Wichita Falls$1,199$49537
East Wichita Falls$1,407$49565
Southwest Wichita Falls$1,407$495204
West Wichita Falls$1,407$495211

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
Forest GlenA1 1x11BR,1BA$650
La Donna RGLLC1X11BR,1BA$700
Parkway Villas2 Bedroom/2 Bath2BR,2BA$705
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$749
Waterford Glen1B1BR,1BA$760
Stone Ridge Apartments ALL BILLS PAID1 Bed - 1 Bath1BR,1BA$765
Arbor Creek ApartmentsThe Haven1BR,1BA$773

Best Value Apartments for Rent in Wichita Falls, TX

As of September 20, 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 2 Bedroom Model at Santa Fe Village & Highlander Apartments starting at $800 with a $0.80 price per square foot in the North 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
Santa Fe Village & Highlander Apartments2 Bedroom2BR,1BA$0.80
Brigadoon ApartmentsB12BR,1BA$1.03
Maverick on Maurine ApartmentsB12BR,2BA$0.96
Parkway Villas2 Bedroom/2 Bath2BR,2BA$0.88
Mustang Village2 Bed / 2 Bath2BR,2BA$0.81
Tealwood PlaceOne Bedroom One Bathroom1BR,1BA$1.08
Waterford Glen1B1BR,1BA$1.06
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$1.06
1623 Elizabeth Ave, Unit C1623 Elizabeth Ave1BR,1BA$0.77

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Wichita Falls, TX
Population: 104,576

Ranked #297

in US Census Population by City

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Best Local Schools in
Wichita Falls, TX

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Wichita Falls

What type of rentals are currently available in Wichita Falls?

There are currently 104 Apartments for Rent in Wichita Falls, TX with pricing that ranges from $495 to $1,825. There are also 189 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wichita Falls ranging from $475 to $4,000.

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 $4,000 with an average monthly rent of $1,795.

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 $795 to $2,500. 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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.