Cheap Homes for Rent in Wichita, KS from $500 (75 Rentals)

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Search the lowest-cost Homes 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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property at 1527 S Lulu Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

2 Bedroom, 1 Bath Home for Rent

Available Now

1527 S Lulu Ave

WichitaKS67211

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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property at 2737 S Rose Marie Ct

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

2 Bedroom, 1 Bath Home for Rent

Available Now

2737 S Rose Marie Ct

WichitaKS67216

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.

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Check Out Wichita’s Best Affordable Neighborhoods

Learn about Wichita and the best places to live with original content written by Local Expert James Jordan

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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.

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Showing Results 1-50, Page 1 of 2

Wichita, KS Local Guide

Cheapest Neighborhoods for Apartments in Wichita, KS

Pricing Updated: 04/16/2026

Current apartment rentals in the Wichita, KS area range in price from $425 to $5,707 with an overall median price of $1,822. The three Wichita neighborhoods with the lowest median rent pricing are Historic Midtown at $550, East Front at $425, and Southwest Village at $638. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wichita Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Historic Midtown$821$5508
East Front$850$4257
Southwest Village$935$63833
South City$949$45043
Northeast Millair$980$52518
Mead$999$45066
Schweiter Mead$1,015$45081
Uptown Wichita$1,037$4258
El Pueblo$1,047$49528
Fairmount$1,099$50019

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. Water's Edge in the Delano District neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $535. Here is today’s list of the most affordable Wichita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Central Park ApartmentsStudio1BR,1BA$425
Water's EdgeA1-A1CAStudio,1BA$535
Woodlawn Park Apartments1BR1BR,1BA$550
Grandview ApartmentsI2BR,1BA$565
The Elms Apartments1x11BR,1BA$585
Amidon Place Apartments1BR/1.0BA1BR,1BA$595
Skyline Apartments1x11BR,1BA$599
Cedar Lakes ApartmentsStudioStudio,1BA$620
Valley View ApartmentsStudio RStudio,1BA$625
River Walk ApartmentsStudio RStudio,1BA$634

Best Value Apartments for Rent in Wichita, KS

As of April 16, 2026 the best value apartment in the Wichita area is the $0.86 price per square foot AF2th3 Model at Lakeside Townhomes in the in the West Wichita neighborhood starting from $1,682. The second greatest value Wichita apartment is the 2 BD Small - (Partial renovated) - WD Model at Parke East Townhomes starting at $1,273 with a $0.81 price per square foot in the Southeast 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.
Lakeside TownhomesAF2th33BR,3BA$0.86
Parke East Townhomes2 BD Small - (Partial renovated) - WD2BR,1.5BA$0.81
Parkview TownhomesTH33BR,2BA$0.94
Village Park at Rockborough2BD Townhomes2BR,1.5BA$0.77
The VineyardsElizabeth2BR,2.5BA$0.91
Pheasant Run ApartmentsTwo Bedroom2BR,2BA$0.93
Marina Point ApartmentsTwo Bedroom2BR,1.5BA$0.88
Golf Park2x22BR,2BA$0.90
High Point East Apartment HomesOlympia2BR,1.5BA$0.92
Maple Ridge Apartments2 Bedroom- Standard Remodel2BR,1.5BA$0.91

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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

Explore Wichita, KS Rentals by Map

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See the most popular apartments and homes in Wichita, KS

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Frequently Asked Questions about Wichita

What type of rentals are currently available in Wichita?

There are currently 682 Apartments for Rent in Wichita, KS with pricing that ranges from $425 to $5,788. There are also 387 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wichita ranging from $525 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wichita ranges from $525 to $3,500 with an average monthly rent of $1,263.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wichita range from $745 to $4,585, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $3,500. Four Bedroom Single-Family rentals are also available starting from $999 and Four Bedroom Apartments start at $950.

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

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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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.