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Apartments for Rent in Wichita, KS under $500

Apartments for Rent in Wichita, KS under $500. 2 Rentals Available
2 Rentals Available
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  • Only 1 unit left
    1 bd $475+
    Base rent
    Verified Listing

    3.5 (3)
    517 East Douglas, Wichita, KS 67202
    Pet friendly • Fitness center • Dishwasher
  • Studio $485
    Base rent
    Verified Listing

    4.5 (13)
    7901 E Lincoln, Wichita, KS 67207
    Pet friendly • In unit laundry
2-0-city
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Frequently asked questions

When were prices and availability in Wichita, KS last updated?

Prices and availability in Wichita, KS were last updated on 16 Jul 2026.

What are the best apartments in Wichita, KS?
What type of rental buildings are in Wichita, KS?

In Wichita, 41% of the residents are renting compared to 59% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Wichita's rentals, 54% are small-scale complexes with under 50 units, and 34% are single-family rentals.

Apartments in Wichita, KS under $500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 2 apartments for rent in Wichita, KS on which you’ll spend less than $500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $500

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $500. The average rental size in Wichita, KS is 614 Sqft, but the $500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.