Cheap Apartments for Rent in Wichita, KS from $300 (217 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wichita.

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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Magnolia Woods
$610 - $780
Total Monthly Price

Total Monthly Price

Base Rent
$610 - $780

Total Monthly Price
$610 - $780
Studio to 2 Bedroom Apartments Available Now

Magnolia Woods

3625 W 13th St NWichita, KS 67203
Pet Friendly
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  • Customer Reviewed
  • Utilities Included

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.

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.

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.

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.

Wichita, KS Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Wichita, KS

Pricing Updated: 07/01/2026

Current apartment rentals in the Wichita, KS area range in price from $550 to $2,900 with an overall median price of $1,856. The three Wichita neighborhoods with the lowest median rent pricing are Fairmount at $650, Southwest Village at $845, and North Central at $695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wichita Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fairmount$850$6506
Southwest Village$994$8453
North Central$1,100$6956
South Area$1,195$9756
Sunflower$1,212$55023
North Riverside$1,282$75010
Northwest Big River$1,290$8457
Historic Midtown$1,295$7503
Midtown Wichita$1,295$7258
Delano$1,325$55031

Cheapest Available Wichita Apartments for Rent

 

The cheapest available apartment rental in Wichita, KS is a 1 Bed unit found at Central Park Apartments in the River Center neighborhood priced from $425. Grandview Apartments in the Northeast Wichita neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $515. Here is today’s list of the most affordable Wichita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Central Park ApartmentsStudio1BR,1BA$425
Grandview ApartmentsA1BR,$515
Amidon Place Apartments0BR/1.0BAStudio,1BA$525
Water's EdgeA1-A1CAStudio,1BA$535
Woodlawn Park Apartments1BR1BR,1BA$550
The Elms Apartments1x11BR,1BA$585
Renata View ApartmentsStudio (renovated)Studio,1BA$616
RiverwalkA2R1BR,1BA$634
Brickstone at Woodlawn LLCMeridian1BR,1BA$650

Best Value Apartments for Rent in Wichita, KS

As of July 01, 2026 the best value apartment in the Wichita area is the $0.88 price per square foot 4 Beds, 3 Baths Model at 3548-3574 N Tyler Ct in the in the West Wichita neighborhood starting from $2,900. The second greatest value Wichita apartment is the AF2th4 Model at Lakeside Townhomes starting at $2,103 with a $0.88 price per square foot in the West Wichita neighborhood. Here is today’s list of the best values for Wichita apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3548-3574 N Tyler Ct4 Beds, 3 Baths4BR,3BA$0.88
Lakeside TownhomesAF2th44BR,3BA$0.88
10878 West Dora Court10878 West Dora Court3BR,1BA$0.97
Parke East Townhomes2 BD Large - (Partial renovated) - WD2BR,1.5BA$0.75
Broadstone Villas2BR/2BA - Income Restricted2BR,2BA$0.85
Marina Point ApartmentsTwo Bedroom2BR,1.5BA$0.88
South Creek Apartments3 bedroom3BR,1BA$0.89
Villas on Rock2BR-E2BR,1BA$0.85
6832 W Par Ln2 Beds, 1 Baths2BR,1BA$0.97
400 S Hydraulic St1 Beds, 1 Baths1BR,1BA$0.94

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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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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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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Wichita Overview

The largest city in the great state of Kansas, Wichita boasts enough amenities, cultural hotspots and all-around fun that the city's continued popularity should should come as little surprise. Warm, welcoming and more than just a little bit country, apartments in Wichita have much to offer prospective new residents.

Why live in Wichita, KS?

A big city with small town charm, Wichita truly does represent the best in Kansas living. Far and away the strongest job market in the state, flush with exciting nightlife options, and a great place to raise a family, Wichita apartments are a fantastic option for those considering a move to the state.

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

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Frequently Asked Questions about Cheap Wichita Apartments

What is the Cheapest Studio apartment in Wichita?

Currently the most affordable Cheap Studio Apartment in Wichita is at Central Park Apartments listed at $425.

How much is rent for a Cheap One Bedroom Wichita Apartment?

The lowest price for a Cheap One Bedroom Wichita Apartment is $425 at Central Park Apartments.

What is the lowest price for a Cheap Two Bedroom Wichita Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wichita is starting from $675 at Woodlawn Park Apartments.

What is the most affordable Wichita Three Bedroom Apartment?

The best deal on a cheap Wichita Three Bedroom Apartment rental is at South Creek Apartments and starts from $800.

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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A Local Expert's Guide To 10 Budget-Friendly Neighborhoods to Rent in Wichita

Written by: James Jordan

Wichita is a big city, it is remote and not on most people's radar when considering places to live. It should be. I have been knocking around the city for 25 years, and I have found it to be a gem.

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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.

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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.