Cheap Apartments for Rent in Wichita Falls, TX from $300 (45 Rentals)

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

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Big Blue
Studio Apartments

Big Blue

719 Scott AveWichita Falls, TX 76301
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Avalon Meadows
1 Bedroom Apartments

Avalon Meadows

2610 Old Iowa Park RdWichita Falls, TX 76306
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Highpoint Village I
1 to 4 Bedroom Apartments

Highpoint Village I

5500 Professional DrWichita Falls, TX 76302
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Park Place Apartments
1 to 2 Bedroom Apartments

Park Place Apartments

3611 Maplewood AveWichita Falls, TX 76308
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Country Park Apartments
1 to 3 Bedroom Apartments

Country Park Apartments

5282 Professional DrWichita Falls, TX 76302
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1611 Bell St
1 Bedroom Apartments

1611 Bell St

1611 Bell StWichita Falls, TX 76309
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The Holt Apartments
1 to 2 Bedroom Apartments

The Holt Apartments

600 8th StWichita Falls, TX 76301
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The Harrison
1 to 2 Bedroom Apartments

The Harrison

2100 Virginia DrWichita Falls, TX 76309
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Brigadoon Apartments
Studio to 3 Bedroom Apartments

Brigadoon Apartments

3220 Seymour RdWichita Falls, TX 76309
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3701 Southmoor Ln
2 Bedroom Apartments

3701 Southmoor Ln

3701 Southmoor LnWichita Falls, TX 76302
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Wichita Falls, TX Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Wichita Falls, TX

Pricing Updated: 03/24/2025

Current apartment rentals in the Wichita Falls, TX area range in price from $381 to $2,250 with an overall median price of $1,283. The three Wichita Falls neighborhoods with the lowest median rent pricing are North Wichita Falls at $495, Downtown Wichita Falls at $1,000, and East Wichita Falls at $381. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Wichita Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Wichita Falls$1,125$4952309
Downtown Wichita Falls$1,175$1,0007
East Wichita Falls$1,372$3813666
Southwest Wichita Falls$1,372$38122304
West Wichita Falls$1,372$38122421

Cheapest Available Wichita Falls Apartments for Rent

 

The cheapest available apartment rental in Wichita Falls, TX is a Studio unit found at Big Blue in the East Wichita Falls neighborhood priced from $132. Stone Ridge Apartments ALL BILLS PAID in the East Wichita Falls 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 Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Big BlueTower OfficeStudio,$132
Stone Ridge Apartments ALL BILLS PAIDStudioStudio,1BA$495
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
FountaingateA11BR,1BA$650
Forest GlenA1 1x11BR,1BA$675
Parkway Villas2 Bedroom/2 Bath2BR,2BA$690
La Donna RGLLC1X11BR,1BA$700
Waterford Glen1B1BR,1BA$725
Lions Court Apartments2x1.5 Tile floors on 1st Fl2BR,1BA$725
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$749

Best Value Apartments for Rent in Wichita Falls, TX

As of March 25, 2025 the best value apartment in the Wichita Falls area is the $1.05 price per square foot 3-60 Model at Parkstone Crossroads in the in the West Wichita Falls neighborhood starting from $1,152. The second greatest value Wichita Falls apartment is the B2 Model at Brigadoon Apartments starting at $999 with a $0.96 price per square foot in the North Wichita Falls neighborhood. Here is today’s list of the best values for Wichita Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkstone Crossroads3-603BR,2BA$1.05
Brigadoon ApartmentsB22BR,2BA$0.96
Stone Gate Terrace2 bd, 1 ba2BR,2BA$1.06
Raintree Apartments2X22BR,2BA$0.97
Washington Village Apartments2 Bedroom 2 Bathroom2BR,2BA$1.05
Lions Court ApartmentsLuxury Upgraded No Backyard2BR,1.5BA$0.78
Parkway Villas2 Bedroom/2 Bath2BR,2BA$0.86
Mustang Village2 Bed / 2 Bath2BR,2BA$0.80
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
Waterford Glen1B1BR,1BA$1.01

Quick Rent Budget Calculator

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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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Wichita Falls Overview

Any mention of city life evokes thoughts of high living costs and high unemployment rates, right? Well, Wichita Falls, Texas is a different kind of city. This metropolis, nick-named Fall’s Town, boasts highly affordable living, a small population of about 100,000 and low unemployment rates. Wichita Falls prides itself in having great weather and being ranked the second best place for working parents to live in America.

Why live in Wichita Falls, TX?

Besides the rich cultural diversity and contemporary life of Wichita Falls, there are many reasons why you can consider living here. Wichita Falls has highly affordable living costs, with living costs being almost 15 percent below the national rate. Similarly, you can live in a Wichita Falls apartment and enjoy housing costs that are 14 percent less than those of average American cities. There are impressively low unemployment rates of 5.6 percent, great weather and efficient public transportation systems. All these factors make the city of Wichita Falls the second best place in America for working parents to live in.

Wichita Falls, TX
Population: 104,576

Ranked #297

in US Census Population by City

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Best Local Schools in
Wichita Falls, TX

School data provided by Great Schools

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

Explore Wichita Falls, TX Rentals by Map

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See the most popular apartments and homes in Wichita Falls, TX

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Getting Around Wichita Falls, TX

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Wichita Falls Apartments

What is a cheap apartment in Wichita Falls?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wichita Falls is under $749.

What is the price of a cheap apartment in Wichita Falls?

The cheapest apartment in Wichita Falls is Fountaingate which is listed at $650, while the average apartment in Wichita Falls costs $1,283.

What types of apartments are the cheapest in Wichita Falls?

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 2,318 regular apartments in Wichita Falls 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 Wichita Falls?

Cheap apartments in Wichita Falls have an average cost of $198 which is $1,085 cheaper than the average rent for all rentals in Wichita Falls.

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.

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