
Cheap Homes for Rent in Wichita Falls, TX from $500 (61 Rentals)
Search the lowest-cost Homes available for rent right now in Wichita Falls.


2137 Avenue E

704 Baylor St

902 Flood St

1512 Kemp Blvd

607 Van Buren St

2113 Fillmore St

1801 11th St

2003 Wilson Ave

1303 Bell St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1104 Polk St

2316 Buchanan St

2007 10th St

1640 Hawes Ave

1105 Bluff St

1209 Gladiolus St

1821 9th St

1507 Polk St

1043 E Wenonah Blvd

4507 Coronado Ave, Unit 21C
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.

4507 Coronado Ave, Unit 4A

1103 Roosevelt St

4621 Johnson Rd

2002 Jones St

9 Shiver Cir

2215 Roberts Ave

3102 Ave K

96 Town and Country Dr

38 Blair House Ln

2307 Grant St
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.

3202 Avenue S

1913 Fillmore St

1615 Oceola Ave

1513 Kemp Blvd

1703 6th St

1313 1/2 Burnett St

1229 35th St

2514 Buchanan St

3202 Grant St

2514 Buchanan 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.

2209 Talunar Ln

1327 35th St

1672 Keeler Ave

1651 Wilson Ave

1313 Burnett St

1400 34th St

3000 Grace St

4314 Rhea Rd

1509 Trigg Ln

1901 Wenonah Ave
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.
Wichita Falls, TX Local Guide

How much does it cost to rent a home in Wichita Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wichita Falls 2 Bedroom Homes for Rent | $1,084 | $675 | $3,500 |
| Wichita Falls 3 Bedroom Homes for Rent | $1,584 | $750 | $3,250 |
| Wichita Falls 4 Bedroom Homes for Rent | $2,123 | $1,300 | $3,500 |
| Wichita Falls 5 Bedroom Homes for Rent | $2,758 | $2,100 | $3,800 |
Browse Top Homes for Rent in Wichita Falls
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Wichita Falls, TX Local Guide
- Wichita Falls Neighborhoods
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Cheapest Neighborhoods for Apartments in Wichita Falls, TX
Pricing Updated: 05/24/2026Current apartment rentals in the Wichita Falls, TX area range in price from $439 to $1,825 with an overall median price of $1,274. The three Wichita Falls neighborhoods with the lowest median rent pricing are Downtown Wichita Falls at $545, North Wichita Falls at $545, and East Wichita Falls at $545. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Wichita Falls Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Wichita Falls | $1,025 | $545 | 33 |
| North Wichita Falls | $1,125 | $545 | 30 |
| East Wichita Falls | $1,407 | $545 | 51 |
| Southwest Wichita Falls | $1,407 | $439 | 209 |
| West Wichita Falls | $1,407 | $439 | 208 |
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. The Kate Apartments & Student Housing in the East 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Big Blue | Tower Office | Studio, | $100 |
| The Kate Apartments & Student Housing | Efficiencies | 1BR,1BA | $650 |
| Forest Glen | A1 1x1 | 1BR,1BA | $650 |
| Santa Fe Village & Highlander Apartments | 1 Bedroom | 1BR,1BA | $650 |
| Fountaingate | A1 | 1BR,1BA | $685 |
| La Donna RGLLC | 1X1 | 1BR,1BA | $700 |
| Lakeview Townhomes | 1B1 | 1BR,1BA | $745 |
| Austin School Lofts | One Bedroom | 1BR,1BA | $750 |
| Alamo School Lofts | 1 Bed, 1 bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in Wichita Falls, TX
As of May 24, 2026 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 1st Floor Luxury Upgrade + Back yard Model at Lions Court Apartments starting at $1,020 with a $1.10 price per square foot in the East Wichita Falls neighborhood. Here is today’s list of the best values for Wichita Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 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 |
| University Village | 1/1 | 1BR,1BA | $1.06 |
| Alamo School Lofts | 1 Bed, 1 bath | 1BR,1BA | $0.94 |
| 1507 Polk St | 1507 Polk St | 2BR,1BA | $1.00 |
| Parkway Villas | Willowbend | 2BR,2BA | $0.97 |
| Mustang Village | 2 Bed / 2 Bath | 2BR,2BA | $0.80 |
| Austin School Lofts | Open Loft | Studio ,1BA | $1.13 |
| Santa Fe Village & Highlander Apartments | 1 Bedroom | 1BR,1BA | $0.90 |
| Waterford Glen | 1B | 1BR,1BA | $1.09 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Wichita Falls, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wichita Falls, TX Rentals by Map
See the most popular apartments and homes in Wichita Falls, TX
Frequently Asked Questions about Wichita Falls
What type of rentals are currently available in Wichita Falls?
There are currently 102 Apartments for Rent in Wichita Falls, TX with pricing that ranges from $439 to $1,825. There are also 137 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wichita Falls ranging from $550 to $3,800.
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 $550 to $3,800 with an average monthly rent of $1,597.
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 $530 to $1,825, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,407.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.