Cheap Apartments for Rent in the Old Town Neighborhood of Wichita, KS from $400 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Town area of 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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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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Legacy Square
Studio to 2 Bedroom Apartments

Legacy Square

426 N Topeka StWichita, KS 67202
  • Utilities Included
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The Shirkmere
Studio to 1 Bedroom Apartments

The Shirkmere

256 N Topeka StWichita, KS 67202
  • Utilities Included

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 Renfro
Studio to 2 Bedroom Apartments

The Renfro

612 E Douglas AveWichita, KS 67202
  • Utilities Included
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Zelman Lofts
Studio to 1 Bedroom Apartments

Zelman Lofts

600-602 E Douglas AveWichita, KS 67202
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Old Town, Wichita, KS Local Guide

Cheapest Available Old Town Apartments for Rent

 

The cheapest available apartment rental in the Old Town area of Wichita, KS is a 1 Bed unit found at Central Park Apartments priced from $425. Water's Edge has the second lowest priced unit, which is a Studio apartment currently listed from $535. Here are the most affordable Old Town apartments for rent in Wichita, KS:

Apartment ListingModel NameBed/BathPriced From
Central Park ApartmentsStudio1BR,1BA$425
Water's EdgeA1-A1CAStudio,1BA$535
Grandview ApartmentsI2BR,1BA$585
The Elms Apartments1x11BR,1BA$585
Main Street Residences0 Bedroom 1 BathroomStudio,1BA$649
The Arnold Apartments0BR/1.0BAStudio,1BA$650
Renata View ApartmentsStudio Apartment - on the north side of Wichita!Studio,1BA$650
Village Park at Barclay SquareOne Bedroom1BR,1BA$695
Indian Hills Apartment Homes1 Bed 1 Bath1BR,1BA$725
Villa Del Mar Apartments1x1 FP 6901BR,1BA$735

Best Value Apartments for Rent in Old Town, KS

As of April 10, 2026 the best value apartment in the Old Town area is the $1.16 price per square foot 2 Bedroom / 2 Bathroom Units Model at Twin Lakes Apartments in the in the West Wichita neighborhood starting from $1,450. The second greatest value Old Town apartment is the Two Bedroom Model at Marina Point Apartments starting at $900 with a $0.88 price per square foot in the West Wichita neighborhood. Here is today’s list of the best values for Old Town apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Twin Lakes Apartments2 Bedroom / 2 Bathroom Units2BR,2BA$1.16
Marina Point ApartmentsTwo Bedroom2BR,1.5BA$0.88
College Hill Flats1BR/1.5BA1BR,1.5BA$1.24
Twin Rivers Apartments2 bedroom 1 bath1BR,1BA$1.20
Villa Del Mar Apartments1x1 FP 6901BR,1BA$1.07
Village Park at Barclay SquareOne Bedroom1BR,1BA$1.09
Indian Hills Apartment Homes1 Bed 1 Bath1BR,1BA$1.18
The Elms Apartments1x11BR,1BA$1.06
Water's EdgeA1-A1CAStudio ,1BA$1.14
Central Park ApartmentsStudioStudio ,1BA$1.11

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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Pet Friendly Lifestyle
Old Town, Wichita, KS

Ranked #7

Among cities in Kansas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Old Town Apartments

What is a cheap apartment in Old Town?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town is under $735.

What is the price of a cheap apartment in Old Town?

The cheapest apartment in Old Town is Central Park Apartments which is listed at $425, while the average apartment in Old Town costs $3,358.

What types of apartments are the cheapest in Old Town?

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 19 regular apartments in Old Town that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Old Town?

Cheap apartments in Old Town have an average cost of $1,110 which is $2,248 cheaper than the average rent for all rentals in Old Town.

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.