Cheap Homes for Rent in Wichita, KS from $500 (114 Rentals)

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

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

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

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

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 3

Wichita, KS Local Guide

Cheapest Neighborhoods for Apartments in Wichita, KS

Pricing Updated: 08/03/2025

Current apartment rentals in the Wichita, KS area range in price from $500 to $5,000 with an overall median price of $1,809. The three Wichita neighborhoods with the lowest median rent pricing are Old Town at $750, Southwest Village at $1,050, and South Area at $850. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wichita Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Old Town$750$7501
Southwest Village$1,050$1,0501
South Area$1,122$8504
North Central$1,200$6009
Matlock Heights$1,225$60023
South City$1,245$65027
Murdock The Elms$1,250$52550
New Salem Uptown$1,250$52554
North Central Wichita$1,250$59542
Southwest Wichita$1,322$65028

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 $425. Amidon Place Apartments in the West Wichita neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $495. Here is today’s list of the most affordable Wichita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Central Park ApartmentsStudioStudio,1BA$425
Amidon Place ApartmentsStudioStudio,1BA$495
Bridgewater2B-12BR,2BA$514
Market Street LoftsOne Bedroom1BR,1BA$525
Sandstone ApartmentsThe Pine1BR,1BA$555
Grandview ApartmentsB2BR,1BA$585
The Place ApartmentsStudiosStudio,1BA$595
Valley View ApartmentsStudio RStudio,1BA$599
Magnolia Lake ApartmentsStudioStudio,1BA$613
ClaremontBirchStudio,1BA$624

Best Value Apartments for Rent in Wichita, KS

As of August 03, 2025 the best value apartment in the Wichita area is the $0.70 price per square foot 923 W Douglas Ave Model at 923 W Douglas Ave, Unit Suite A in the in the Delano District neighborhood starting from $1,700. The second greatest value Wichita apartment is the 2 BD Large - (Partial renovated) - WD Model at Parke East Townhomes starting at $1,265 with a $0.74 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.
923 W Douglas Ave, Unit Suite A923 W Douglas Ave4BR,2.5BA$0.70
Parke East Townhomes2 BD Large - (Partial renovated) - WD2BR,1.5BA$0.74
Stonegate MHPSkyline Doublewide4BR,2BA$0.86
Sunnydale Pointe Apartments3 Bedroom 60% Income Restricted3BR,2BA$0.60
Eastgate ApartmentsMagnolia2BR,2BA$0.86
SouthfieldModel2A2BR,1BA$0.85
Market Street LoftsOne Bedroom1BR,1BA$0.58
TWIN LAKES APARTMENTS1 Bedroom Apartment1BR,1BA$0.87
Governeour Manor ApartmentsTwo Bedroom Apartment2BR,1BA$0.84
College Hill Flats1BR/1.0BA1BR,1BA$0.84

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

Frequently Asked Questions about Wichita

What type of rentals are currently available in Wichita?

There are currently 711 Apartments for Rent in Wichita, KS with pricing that ranges from $425 to $6,756. There are also 416 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wichita ranging from $500 to $5,000.

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 $5,000 with an average monthly rent of $1,358.

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 $584 to $3,517, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $1,160.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.