Cheap Apartments for Rent in the Old Town Neighborhood of Wichita, KS from $400 (36 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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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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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
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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

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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Showing Results 1-36, 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 ApartmentsF1BR,$545
The Elms Apartments1x11BR,1BA$585
Renata View ApartmentsStudio (renovated)Studio,1BA$590
Indian Hills Apartment Homes1 Bed 1 Bath1BR,1BA$675
Sierra1 bedroom1BR,1BA$685
Village Park at Barclay SquareOne Bedroom1BR,1BA$695
Villa Del Mar Apartments1x1 FP 6901BR,1BA$735
The Arnold Apartments0BR/1.0BAStudio,1BA$745

Best Value Apartments for Rent in Old Town, KS

As of July 10, 2026 the best value apartment in the Old Town area is the $1.15 price per square foot 2 Bed 2 Bath E Model at The Flats 324 in the in the Delano District neighborhood starting from $1,325. 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.
The Flats 3242 Bed 2 Bath E2BR,2BA$1.15
Marina Point ApartmentsTwo Bedroom2BR,1.5BA$0.88
Twin Lakes Apartments2 Bedroom / 1 Bathroom Units2BR,1BA$1.20
Villa Del Mar Apartments1x1 FP 6901BR,1BA$1.07
Sierra1 bedroom1BR,1BA$1.05
Village Park at Barclay SquareOne Bedroom1BR,1BA$1.09
Indian Hills Apartment Homes1 Bed 1 Bath1BR,1BA$1.10
The Elms Apartments1x11BR,1BA$1.06
Water's EdgeA1-A1CAStudio ,1BA$1.14
Central Park ApartmentsStudioStudio ,1BA$1.11

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #6

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 $745.

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 $3,463.

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 11 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 $1,498 which is $1,965 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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.