Cheap Homes for Rent in Wichita, KS from $500 (163 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 665 S Kansas St

665 S Kansas St

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.

Read Article
property at 828 S Water St

828 S Water St

WichitaKS67213

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.

Read Article

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.

Read Article

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

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 4

Wichita, KS Local Guide

Cheapest Neighborhoods for Apartments in Wichita, KS

Pricing Updated: 12/16/2025

Current apartment rentals in the Wichita, KS area range in price from $395 to $6,665 with an overall median price of $1,796. The three Wichita neighborhoods with the lowest median rent pricing are Northeast Millair at $475, Historic Midtown at $630, and Pleasant Valley at $495. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wichita Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Northeast Millair$718$47518
Historic Midtown$845$63011
Pleasant Valley$860$49534
El Pueblo$875$49529
Southwest Village$980$61338
Southwest Wichita$1,037$45046
Sherwood Glen$1,071$49518
Oakview$1,095$7953
Cedar Lakes Village$1,099$500113
Fairmount$1,099$50032

Cheapest Available Wichita Apartments for Rent

 

The cheapest available apartment rental in Wichita, KS is a Studio unit found at Central Park Apartments in the River Center neighborhood priced from $395. Grandview Apartments in the Northeast Wichita neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $475. Here is today’s list of the most affordable Wichita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Central Park ApartmentsStudioStudio,1BA$395
Grandview ApartmentsI1BR,$475
Amidon Place ApartmentsStudioStudio,1BA$495
Bridgewater2B-12BR,2BA$514
Woodlawn Park Apartments1BR1BR,1BA$525
Water's EdgeA1-A1CAStudio,1BA$535
The Place ApartmentsStudiosStudio,1BA$595
Magnolia Lake ApartmentsStudioStudio,1BA$613
ClaremontBirchStudio,1BA$623
Villas on Rock1 Bed / 1 Bath Fireplace Balcony1BR,1BA$625

Best Value Apartments for Rent in Wichita, KS

As of December 16, 2025 the best value apartment in the Wichita area is the $0.80 price per square foot AF2th4 Model at Lakeside Townhomes in the in the West Wichita neighborhood starting from $1,923. The second greatest value Wichita apartment is the TH4 Model at Parkview Townhomes starting at $1,408 with a $0.86 price per square foot in the Northeast 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 TownhomesAF2th44BR,3BA$0.80
Parkview TownhomesTH44BR,2BA$0.86
Parke East Townhomes2 BD Small - (Partial renovated) - WD2BR,1.5BA$0.80
Sunnydale Pointe Apartments3 Bedroom 60% Income Restricted3BR,2BA$0.60
Westborough Arms Apartments and Townhomes2 Bed 1.5 Bath2BR,1.5BA$0.90
Golf Park2x22BR,2BA$0.90
Southfield and Oliver CourtModel2A2BR,1BA$0.85
TWIN LAKES APARTMENTS1 Bedroom Apartment1BR,1BA$0.87
Central Park Village Apartments2BR/1.0BA2BR,1BA$0.80
Villas on Rock1 Bed / 1 Bath Fireplace Balcony1BR,1BA$0.91

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
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Wichita, KS Rentals by Map

Decorative image of map

See the most popular apartments and homes in Wichita, KS

View Map
Wichita, KS Apartments Map
View Map
Wichita, KS Rental Homes Map

Frequently Asked Questions about Wichita

What type of rentals are currently available in Wichita?

There are currently 689 Apartments for Rent in Wichita, KS with pricing that ranges from $395 to $6,885. There are also 577 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wichita ranging from $500 to $4,500.

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 $500 to $4,500 with an average monthly rent of $1,398.

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 $695 to $6,885, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,500. Four Bedroom Single-Family rentals are also available starting from $975 and Four Bedroom Apartments start at $1,285.

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!