Cheap Apartments for Rent in the Southwest Wichita Falls Neighborhood of Wichita Falls, TX from $300 (95 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 2514 Buchanan St
$1,000

Total Monthly Price

Base Rent$1,000
Total Monthly Price$1,000
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

2514 Buchanan St

Wichita FallsTX76309
property at 4728 Taft Blvd
$1,095 - $1,695
1 To 3 Bedroom Rentals
Available Now
Affordability

4728 Taft Blvd

Wichita FallsTX76308
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Big Blue
Studio Apartments

Big Blue

719 Scott AveWichita Falls, TX 76301
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Morning Side Apartments
Studio to 2 Bedroom Apartments

Morning Side Apartments

906 Grant StWichita Falls, TX 76301
  • Utilities Included
property at 1205 Austin St
$595
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1205 Austin St

Wichita FallsTX76301
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Avalon Meadows
Studio to 1 Bedroom Apartments

Avalon Meadows

2610 Old Iowa Park RdWichita Falls, TX 76306
  • Utilities Included
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Park Place Apartments
1 to 2 Bedroom Apartments

Park Place Apartments

3611 Maplewood AveWichita Falls, TX 76308
  • Utilities Included
property at 3006 Ave K
$650
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

3006 Ave K

Wichita FallsTX76309
property at 2115 Princeton Ave
$650
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

2115 Princeton Ave

Wichita FallsTX76301

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.

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The Holt Apartments
1 to 2 Bedroom Apartments

The Holt Apartments

600 8th StWichita Falls, TX 76301
  • Utilities Included
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Country Park
1 to 3 Bedroom Apartments

Country Park

5282 Professional DrWichita Falls, TX 76302
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Forest Glen Apartments
1 to 3 Bedroom Apartments

Forest Glen Apartments

5248 Professional DrWichita Falls, TX 76302
  • Utilities Included
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1611 Bell St
1 to 2 Bedroom Apartments

1611 Bell St

1611 Bell StWichita Falls, TX 76309
property at 2405 Bullington St
$695
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2405 Bullington St

Wichita FallsTX76301
property at 2316 Buchanan St
$695
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2316 Buchanan St

Wichita FallsTX76309
property at 1015 Roosevelt St
$695
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1015 Roosevelt St

Wichita FallsTX76301
property at 1813 7th St
$695
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1813 7th St

Wichita FallsTX76301
property at 1523 Speedway Ave
$695
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1523 Speedway Ave

Wichita FallsTX76301
property at 1612 14th St
$695
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1612 14th St

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.

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Southwest Wichita Falls, Wichita Falls, TX Local Guide

Cheapest Available Southwest Wichita Falls Apartments for Rent

 

The cheapest available apartment rental in the Southwest Wichita Falls area of Wichita Falls, TX is a Studio unit found at Big Blue priced from $132. Santa Fe Village & Highlander Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Southwest Wichita Falls apartments for rent in Wichita Falls, TX:

Apartment ListingModel NameBed/BathPriced From
Big BlueTower OfficeStudio, $132
Santa Fe Village & Highlander ApartmentsEfficiency1BR, 1BA$550
Stone Ridge Apartments ALL BILLS PAIDStudioStudio, 1BA$645
FountaingateA11BR, 1BA$685
River Bend ApartmentsA11BR, 1BA$750
Parkway VillasMesquite1BR, 1BA$756
Parkstone Crossroads1-501BR, 1BA$764
Seymour LandingEFF1BR, 1BA$780
Waterford Glen1B1BR, 1BA$780

Best Value Apartments for Rent in Southwest Wichita Falls, TX

As of September 17, 2026 the best value apartment in the Southwest Wichita Falls area is the $1.01 price per square foot C1F Model at The Maverick on Seymour in the North Wichita Falls neighborhood starting from $1,417. The second greatest value Southwest Wichita Falls apartment is the 3 Bedroom 2 Bathroom Model at Washington Village Apartments in the East Wichita Falls neighborhood starting at $1,169 with a $1.02 price per square foot. Here is today’s list of the best values for Southwest Wichita Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Maverick on SeymourC1F3BR, 2BA$1.01
Washington Village Apartments3 Bedroom 2 Bathroom3BR, 2BA$1.02
Parkstone Crossroads3-603BR, 2BA$1.16
Woodview22-602BR, 2BA$1.09
1507 Polk St, Unit 1507 Polk St Apt A1507 Polk St2BR, 1BA$1.00
Mustang Village2 Bed / 2 Bath2BR, 2BA$0.85
Camelot Apartments in Wichita Falls TXThe Dover1BR, 1BA$1.17
Waterford Glen1B1BR, 1BA$1.09
River Bend ApartmentsA21BR, 1BA$1.19
Santa Fe Village & Highlander ApartmentsEfficiency1BR, 1BA$1.28

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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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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Real 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.

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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
Southwest Wichita Falls, Wichita Falls, TX

Ranked #2

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Southwest Wichita Falls, Wichita Falls, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Wichita Falls, TX. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, apartment communities for the kids, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Southwest Wichita Falls Apartments

What is the price of a cheap apartment in Southwest Wichita Falls?

The cheapest apartment in Southwest Wichita Falls is Santa Fe Village & Highlander Apartments which is listed at $550, while the average apartment in Southwest Wichita Falls costs $960.

What types of apartments are the cheapest in Southwest Wichita Falls?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Southwest Wichita Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Southwest Wichita Falls?

Cheap apartments in Southwest Wichita Falls have an average cost of $231 which is $729 cheaper than the average rent for all rentals in Southwest Wichita Falls.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.