Cheap Homes for Rent in Wichita Falls, TX from $500 (82 Rentals)

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property at 1604 Harrison St

1604 Harrison St

Wichita FallsTX76309

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 2202 Monroe St

2202 Monroe St

Wichita FallsTX76309
property at 4110 Faith Rd

4110 Faith Rd

Wichita FallsTX76308
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Wichita Falls, TX Local Guide

Cheapest Neighborhoods for Apartments in Wichita Falls, TX

Pricing Updated: 04/24/2025

Current apartment rentals in the Wichita Falls, TX area range in price from $515 to $1,825 with an overall median price of $1,293. The three Wichita Falls neighborhoods with the lowest median rent pricing are Downtown Wichita Falls at $750, North Wichita Falls at $550, and East Wichita Falls at $574. 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
Downtown Wichita Falls$995$7503
North Wichita Falls$1,250$55051
East Wichita Falls$1,407$57475
Southwest Wichita Falls$1,407$515228
West Wichita Falls$1,407$515230

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 $100. Royal Gardens Wichita Falls in the West Wichita Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $415. Here is today’s list of the most affordable Wichita Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Big BlueTower OfficeStudio,$100
Royal Gardens Wichita Falls30-60% AMI1BR,1BA$415
Stone Ridge Apartments ALL BILLS PAIDStudioStudio,1BA$495
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
FountaingateA11BR,1BA$650
Forest GlenA1P 1x11BR,1BA$675
Parkway Villas2 Bedroom/2 Bath2BR,2BA$690
La Donna RGLLC1X11BR,1BA$700
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 April 25, 2025 the best value apartment in the Wichita Falls area is the $1.01 price per square foot 3 bd, 2 ba Model at Stone Gate Terrace in the in the North Wichita Falls neighborhood starting from $1,335. The second greatest value Wichita Falls apartment is the 30-60% AMI Model at Royal Gardens Wichita Falls starting at $940 with a $0.80 price per square foot in the West 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.
Stone Gate Terrace3 bd, 2 ba3BR,2BA$1.01
Royal Gardens Wichita Falls30-60% AMI3BR,2BA$0.80
901 9th St, Unit LOFT A901 9th St2BR,2BA$0.97
708 8th St, Unit 33708 8th St1BR,1BA$1.04
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$1.06

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Frequently Asked Questions about Wichita Falls

What type of rentals are currently available in Wichita Falls?

There are currently 99 Apartments for Rent in Wichita Falls, TX with pricing that ranges from $515 to $1,825. There are also 174 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wichita Falls ranging from $500 to $3,100.

What is the current price range for Rental Homes in Wichita Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wichita Falls ranges from $500 to $3,100 with an average monthly rent of $1,455.

How much are larger Three and Four Bedroom Rentals in Wichita Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wichita Falls range from $530 to $1,825, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,175 and Four Bedroom Apartments start at $1,407.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.