Cheap Homes for Rent in Wichita, KS from $500 (145 Rentals)

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property at 665 S Kansas St

$575 - $695

Studio To 1 Bedroom Rentals

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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.

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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Wichita, KS Local Guide

Cheapest Neighborhoods for Apartments in Wichita, KS

Pricing Updated: 01/04/2026

Current apartment rentals in the Wichita, KS area range in price from $395 to $5,335 with an overall median price of $1,787. The three Wichita neighborhoods with the lowest median rent pricing are North Central at $475, Northeast Millair at $475, and Historic Midtown at $550. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wichita Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Central$695$47511
Northeast Millair$706$47519
Historic Midtown$832$55012
El Pueblo$855$49529
Pleasant Valley$860$49531
Southwest Village$980$61343
Southwest Wichita$1,025$45044
South City$1,062$45047
Falcon Falls$1,064$6766
Sherwood Glen$1,071$49517

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. The Place Apartments in the Southeast Wichita neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $465. Here is today’s list of the most affordable Wichita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Central Park ApartmentsStudioStudio,1BA$395
The Place ApartmentsStudiosStudio,1BA$465
Grandview ApartmentsI2BR,1BA$475
Amidon Place ApartmentsStudioStudio,1BA$495
Bridgewater2B-12BR,2BA$514
Woodlawn Park Apartments1BR1BR,1BA$525
Water's EdgeA1-A1CAStudio,1BA$535
The Elms Apartments1x11BR,1BA$585
ClaremontBirchStudio,1BA$610
Magnolia Lake ApartmentsStudioStudio,1BA$613

Best Value Apartments for Rent in Wichita, KS

As of January 04, 2026 the best value apartment in the Wichita area is the $0.75 price per square foot 2 BD Large - (Partial renovated) - WD Model at Parke East Townhomes in the in the Southeast Wichita neighborhood starting from $1,275. 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.
Parke East Townhomes2 BD Large - (Partial renovated) - WD2BR,1.5BA$0.75
Parkview TownhomesTH44BR,2BA$0.86
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
Eastgate ApartmentsMagnolia2BR,2BA$0.90
Southfield and Oliver CourtModel2A2BR,1BA$0.85
Morgans Landing ApartmentsMeadowlark2BR,1BA$0.83
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.

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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 702 Apartments for Rent in Wichita, KS with pricing that ranges from $395 to $5,806. There are also 590 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wichita ranging from $575 to $3,995.

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 $575 to $3,995 with an average monthly rent of $1,338.

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 $5,335, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,300.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.