Cheap Homes for Rent in the Southwest Wichita Falls Neighborhood of Wichita Falls, TX from $500 (62 Rentals)

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

property at 1704 Pearl Ave

$600

1 Bedroom, 1 Bath Home for Rent

Available Now

1704 Pearl Ave

Wichita FallsTX76301
property at 2007 10th St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

1 Bedroom, 1 Bath Home for Rent

Available Now

2007 10th St

Wichita FallsTX76301
property at 1205 Austin St

$650

1 Bedroom, 1 Bath Home for Rent

Available Now

1205 Austin St

Wichita FallsTX76301
property at 1140 Covington St

$650

1 Bedroom, 1 Bath Home for Rent

Available Now

1140 Covington St

Wichita FallsTX76306
property at 2010 Taft Blvd

$695

1 Bedroom, 1 Bath Home for Rent

Available Now

2010 Taft Blvd

Wichita FallsTX76309
property at 3006 Ave K

$695

1 Bedroom, 1 Bath Home for Rent

Available Now

3006 Ave K

Wichita FallsTX76309

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.

property at 2306 Ave M

$750

1 Bedroom, 1 Bath Home for Rent

Available Now

2306 Ave M

Wichita FallsTX76309
property at 1638 Lucile Ave

$750

3 Bedroom, 1 Bath Home for Rent

Available Now

1638 Lucile Ave

Wichita FallsTX76301
property at 1407 Fillmore St

$750

1 Bedroom, 1 Bath Home for Rent

Available Now

1407 Fillmore St

Wichita FallsTX76309
property at 2007 10th St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

2007 10th St

Wichita FallsTX76301
property at 1640 Hawes Ave

$750

2 Bedroom, 1 Bath Home for Rent

Available Now

1640 Hawes Ave

Wichita FallsTX76301
property at 1913 Tilden St

$750

1 Bedroom, 1 Bath Home for Rent

Available Now

1913 Tilden St

Wichita FallsTX76309
property at 1710 Speedway Ave

$750

1 Bedroom, 1 Bath Home for Rent

Available Now

1710 Speedway Ave

Wichita FallsTX76301
property at 1723 McGregor Ave

$775

1 Bedroom, 1 Bath Home for Rent

Available Now

1723 McGregor Ave

Wichita FallsTX76301

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.

property at 3021 Huskie Dr

$795

2 Bedroom, 1 Bath Home for Rent

Available Now

3021 Huskie Dr

Wichita FallsTX76306
property at 4621 Johnson Rd

$795

1 Bedroom, 1 Bath Home for Rent

Available Now

4621 Johnson Rd

Wichita FallsTX76310
property at 1228 34th St

$795

1 Bedroom, 1 Bath Home for Rent

Available Now

1228 34th St

Wichita FallsTX76302
property at 1824 Collins Ave

$845

1 Bedroom, 1 Bath Home for Rent

Available Now

1824 Collins Ave

Wichita FallsTX76301
property at 3107 Garfield St

$850

2 Bedroom, 1 Bath Home for Rent

Available Now

3107 Garfield St

Wichita FallsTX76308
property at 2206 Avenue E

$850

2 Bedroom, 1 Bath Home for Rent

Available Now

2206 Avenue E

Wichita FallsTX76309
property at 4110 Faith Rd

$875

1 Bedroom, 1 Bath Home for Rent

Available Now

4110 Faith Rd

Wichita FallsTX76308
property at 1672 Keeler Ave

$895

2 Bedroom, 1 Bath Home for Rent

Available Now

1672 Keeler Ave

Wichita FallsTX76301

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.

property at 3020 Stearns Ave

$900

2 Bedroom, 1 Bath Home for Rent

Available Now

3020 Stearns Ave

Wichita FallsTX76308
property at 1610 Taylor St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

1610 Taylor St

Wichita FallsTX76309
property at 1800 Lucile Ave

$900

1 Bedroom, 1 Bath Home for Rent

Available Now

1800 Lucile Ave

Wichita FallsTX76301
property at 2102 Taylor St

$900

2 Bedroom, 1 Bath Home for Rent

Available Now

2102 Taylor St

Wichita FallsTX76309
property at 2405 Inglewood Dr

$950

2 Bedroom, 1 Bath Home for Rent

Available Now

2405 Inglewood Dr

Wichita FallsTX76301
property at 1138 Covington St

$950

2 Bedroom, 1 Bath Home for Rent

Available Now

1138 Covington St

Wichita FallsTX76306
property at 1901 Hines Blvd

$950

2 Bedroom, 1 Bath Home for Rent

Available Now

1901 Hines Blvd

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.

property at 3100 Cumberland Ave

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

3100 Cumberland Ave

Wichita FallsTX76309
property at 4014 Boren Ave

$995

2 Bedroom, 1 Bath Home for Rent

Available Now

4014 Boren Ave

Wichita FallsTX76308
property at 2514 Buchanan St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

2514 Buchanan St

Wichita FallsTX76309
property at 1901 Wenonah Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

1901 Wenonah Ave

Wichita FallsTX76309

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.

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
Austin School LoftsOne Bedroom1BR,1BA$750
Waterford Glen1B1BR,1BA$780
The WoodlandsA21BR,1BA$790

Best Value Apartments for Rent in Southwest Wichita Falls, TX

As of August 02, 2026 the best value apartment in the Southwest Wichita Falls area is the $1.08 price per square foot 2 Beds, 2 baths Model at Alamo School Lofts in the in the East Wichita Falls neighborhood starting from $1,600. The second greatest value Southwest Wichita Falls apartment is the 3 Bedroom 2 Bathroom Model at Washington Village Apartments starting at $1,169 with a $1.02 price per square foot in the East Wichita Falls neighborhood. 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.
Alamo School Lofts2 Beds, 2 baths2BR,2BA$1.08
Washington Village Apartments3 Bedroom 2 Bathroom3BR,2BA$1.02
Woodview22-602BR,2BA$1.09
1507 Polk St, Unit 1507 Polk St Apt A1507 Polk St2BR,1BA$1.00
Austin School LoftsOpen LoftStudio ,1BA$1.13
1611 Elizabeth Ave, Unit Elizabeth (Main)1611 Elizabeth Ave1BR,1BA$1.13
Brigadoon ApartmentsA1 1X11BR,1BA$1.20
Waterford Glen1B1BR,1BA$1.09
River Bend ApartmentsA21BR,1BA$1.19
1606 Collins Ave, Unit Collin Main1606 Collins Ave1BR,1BA$0.85

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 Article
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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.

Read Article
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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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Frequently Asked Questions about Southwest Wichita Falls

What type of rentals are currently available in Southwest Wichita Falls?

There are currently 91 Apartments for Rent in Southwest Wichita Falls, TX with pricing that ranges from $436 to $1,825. There are also 138 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Wichita Falls ranging from $550 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Wichita Falls ranges from $550 to $3,500 with an average monthly rent of $1,362.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Wichita Falls range from $530 to $1,825, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,495 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

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.