
Cheap Apartments for Rent in the Downtown Wichita Neighborhood of Wichita, KS from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Wichita area of Wichita.


Village Park at Barclay Square

Villa Del Mar Apartments

The Arnold Apartments

HiTone Lofts

154 N Topeka 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.

The Flats 324

Pinnacle Lofts

Spaghetti Works Apartments

300 N Main

Innes Station

250 Douglas Place
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.

River Vista

Legacy Square

The Commodore

The Shirkmere

Zelman Lofts

The Renfro
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.

The LUX

Historic 1910 Lofts
Downtown Wichita, Wichita, KS Local Guide

How much does it cost to rent an apartment in Downtown Wichita?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Wichita Studio Apartments | $980 | $535 | $1,378 |
| Downtown Wichita 1 Bedroom Apartments | $1,459 | $665 | $3,891 |
| Downtown Wichita 2 Bedroom Apartments | $1,810 | $830 | $6,364 |
| Downtown Wichita 3 Bedroom Apartments | $1,650 | $1,650 | $1,650 |
| Downtown Wichita 4 Bedroom Apartments | $4,884 | $3,451 | $6,364 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 1 mile radius of the Downtown Wichita Neighborhood of Wichita, KS.
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Downtown Wichita, Wichita, KS Local Guide
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Cheapest Available Downtown Wichita Apartments for Rent
 The cheapest available apartment rental in the Downtown Wichita area of Wichita, KS is a Studio unit found at Water's Edge priced from $535. Village Park at Barclay Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Downtown Wichita apartments for rent in Wichita, KS:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Water's Edge | A1-A1CA | Studio,1BA | $535 |
| Village Park at Barclay Square | One Bedroom | 1BR,1BA | $695 |
| Villa Del Mar Apartments | 1x1 FP 690 | 1BR,1BA | $735 |
| The Arnold Apartments | 0BR/1.0BA | Studio,1BA | $800 |
| Pinnacle Lofts | 1 BD Loft | 1BR,1BA | $895 |
Best Value Apartments for Rent in Downtown Wichita, KS
As of June 12, 2026 the best value apartment in the Downtown Wichita area is the $1.22 price per square foot 2BR/2.0BA Model at The Finn Lofts in the in the Delano District neighborhood starting from $1,350. The second greatest value Downtown Wichita apartment is the 1 Bed/1 Bath Model at Innes Station starting at $950 with a $1.06 price per square foot in the Delano District neighborhood. Here is today’s list of the best values for Downtown Wichita apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Finn Lofts | 2BR/2.0BA | 2BR,2BA | $1.22 |
| Innes Station | 1 Bed/1 Bath | 1BR,1BA | $1.06 |
| Colorado Derby Lofts | C | 1BR,1BA | $1.54 |
| Waterwalk Wichita - Downtown | 2x2 | 2BR,2BA | $1.87 |
| Corner 365 | 1 Bedroom | 1BR,1BA | $1.45 |
| Villa Del Mar Apartments | 1x1 FP 690 | 1BR,1BA | $1.07 |
| Dumont at Delano | The Homer | 1BR,1BA | $1.64 |
| Pinnacle Lofts | 1 Bedroom | 1BR,1BA | $1.46 |
| Village Park at Barclay Square | One Bedroom | 1BR,1BA | $1.09 |
| Water's Edge | A1-A1CA | Studio ,1BA | $1.14 |
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.
Lifestyle Ratings
Our team of engineers and researchers compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Kansas including Downtown Wichita, Wichita, and the greater Wichita area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Wichita Apartments
What is the price of a cheap apartment in Downtown Wichita?
The cheapest apartment in Downtown Wichita is Water's Edge which is listed at $665, while the average apartment in Downtown Wichita costs $3,463.
What types of apartments are the cheapest in Downtown Wichita?
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 4 regular apartments in Downtown Wichita that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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 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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.