Cheap Homes for Rent in Wichita, KS from $500 (81 Rentals)

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Cheap Homes in Wichita.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Wichita, KS Local Guide

Cheapest Neighborhoods for Apartments in Wichita, KS

Pricing Updated: 05/07/2025

Current apartment rentals in the Wichita, KS area range in price from $379 to $4,450 with an overall median price of $2,041. The three Wichita neighborhoods with the lowest median rent pricing are Delano Township at $750, Northeast Millair at $495, and Historic Midtown at $495. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wichita Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Delano Township$750$7501
Northeast Millair$934$49536
Historic Midtown$945$49519
South City$1,085$45044
Southwind$1,095$52534
Hilltop$1,099$425104
South Area$1,110$8856
Planeview United$1,117$45022
Fairmount$1,140$50053
Far West Wichita$1,145$72514

Cheapest Available Wichita Apartments for Rent

 

The cheapest available apartment rental in Wichita, KS is a 1 Bed unit found at Union at Purple Heart Trail in the Southeast Wichita neighborhood priced from $379. Central Park Apartments in the River Center neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $425. Here is today’s list of the most affordable Wichita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union at Purple Heart Trail113_1b31BR,1BA$379
Central Park ApartmentsStudioStudio,1BA$425
Amidon Place ApartmentsStudioStudio,1BA$445
Market Street LoftsOne Bedroom1BR,1BA$525
Woodlawn Park Apartments1BR1BR,1BA$525
Sandstone ApartmentsThe Pine1BR,1BA$555
The Place ApartmentsStudiosStudio,1BA$595
Magnolia Lake ApartmentsStudioStudio,1BA$613
Magnolia WoodsStudioStudio,1BA$625

Best Value Apartments for Rent in Wichita, KS

As of May 07, 2025 the best value apartment in the Wichita area is the $0.79 price per square foot SS1th3 Model at Lakeside Townhomes in the in the West Wichita neighborhood starting from $1,550. The second greatest value Wichita apartment is the 2 BD Large - (renovated) - WD Model at Parke East Townhomes starting at $1,315 with a $0.77 price per square foot in the Southeast 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.
Lakeside TownhomesSS1th33BR,3BA$0.79
Parke East Townhomes2 BD Large - (renovated) - WD2BR,1.5BA$0.77
Parkview TownhomesTH33BR,2BA$0.88
Golf Park2 Bedroom2BR,2BA$0.71
Sunnydale Pointe Apartments3 Bedroom 60% Income Restricted3BR,2BA$0.60
SouthfieldModel2A2BR,1BA$0.85
Market Street LoftsOne Bedroom1BR,1BA$0.58
TWIN LAKES APARTMENTS1 Bedroom Apartment1BR,1BA$0.87
Villas on Rock2BR-H2BR,1BA$0.82
Governeour Manor ApartmentsTwo Bedroom Apartment2BR,1BA$0.84

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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Frequently Asked Questions about Wichita

What type of rentals are currently available in Wichita?

There are currently 689 Apartments for Rent in Wichita, KS with pricing that ranges from $379 to $4,450. There are also 312 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wichita ranging from $400 to $5,000.

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 $400 to $5,000 with an average monthly rent of $1,858.

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 $513 to $2,716, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $950.

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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.