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City Report · TX

Watauga

Pop. 23,233·45th most expensive in Texas·Rental market data updated monthly for Watauga, TX
Median rent (all units)
$2,031/mo
Year-over-Year
-0.2%
Month-over-Month
Stable
vs US Median
+$66
Stable (Monthly)
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Most AffordableMost Expensive
Watauga · $2,031
More expensive than 61% of US cities · National median $1,965/mo
Rent Reality Score
61/100
Good value
OverheatedFairGreat value

Rents are 6% below what Watauga's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,031/mo
Expected by trend
$2,150/mo
The Rent Reality Score compares today's median rent to where Watauga's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,770
1 BR
$1,890
2 BR
$2,200
3 BR
$2,910
4 BR+
$3,550
Research median
$2,200/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$24,372/yr
At $2,031/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.2% YoY, +0.0% MoM), not inventory.
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Demographics

Who lives here

Watauga, TX is majority owner-occupied, has a median income above the national average, 24.2% of residents hold a bachelor's degree or higher.

Population
23,233
Median income
$91,171
Median age
36.2
Renters
22%
Age distribution
24.7%
24.2%
23.2%
13.5%
14.4%
Under 1824.7%
18–3424.2%
35–5423.2%
55–6413.5%
65+14.4%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
63.9%
25.6%
White63.9%
Black9.7%
Hispanic25.6%
Asian3%
Education (25+)
34%
30.7%
24.2%
No HS diploma11.1%
HS diploma34%
Some college30.7%
Bachelor's+24.2%
Housing tenure
78%
22%
Owner78%
Renter22%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Watauga, TX has changed in 5 years

Rent
$1,802 → $2,031
up 12.7%
Income
$78,379 → $91,171
up 16.3%
Population
23,649 → 23,233
down 1.8%
Renter share
21.5% → 22%
+0.5 pts
Bachelor's+
22.2% → 24.2%
+2.0 pts
Median age
35.4 → 36.2
+0.8 yrs

Five years ago, renters in Watauga, TX paid around $1,802 a month. That figure now sits near $2,031, up 12.7% from the 2022 baseline. Median household income climbed from $78,379 to $91,171 between 2021 and 2024, a 16.3% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Watauga, TX losing about 416 residents over the five-year window, down 1.8% on net. Bachelor's-degree-or-higher attainment moved from 22.2% to 24.2% across the same window. Taken together, the five-year picture in Watauga, TX reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Watauga rent history (2015–2026) →
Salary vs rent

Can you afford rent in Watauga on your salary?

At $2,031/mo, how Watauga rent compares to typical pay (30% rule).

By apartment size

Watauga rent by bedroom count

Median rent for each apartment size in Watauga. Click any size for full breakdown.

Local insights

Tips for renters in Watauga

About renting in Watauga, TX

Last updated: July 20, 2026

The median rent in Watauga is $2,031/mo as of July 2026. A studio apartment averages $1,770/mo while a 2-bedroom runs $2,200/mo. One-bedroom apartments average $1,890/mo and 3-bedroom units go for $2,910/mo.

At 27% of local median household income ($91,171/yr), Watauga ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.2% over the past year.

FAQ

Frequently asked questions

Is Watauga an affordable city for renters?

Watauga is considered affordable for renters. At $2,031/mo, rent takes approximately 27% of the local median household income ($91,171/yr). The standard benchmark is 30%. Watauga falls comfortably within that range.

How much income do you need to rent in Watauga?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (~$39/hour full-time) to afford the median rent of $2,031/mo in Watauga. The local median household income is $91,171/yr, meaning the typical Watauga household meets that threshold.

Is rent going up or down in Watauga?

Rent in Watauga has been relatively stable over the past year, with a 0.2% change year over year as of July 2026.

How does Watauga rent compare to other cities in Texas?

Watauga is one of the pricier cities in Texas for rent, ranking #45 out of 269 tracked cities at $2,031/mo.

Which nearby cities are cheaper to rent in than Watauga?

Several nearby cities have lower median rents than Watauga ($2,031/mo): Haltom City ($1,417/mo), Hurst ($1,505/mo), North Richland Hills ($1,539/mo).

What percentage of Watauga residents rent vs. own?

According to Census data, approximately 22% of Watauga households are renters, while 78% are owner-occupied. Watauga leans toward homeownership, which can mean a smaller rental inventory.

How does Watauga rent compare to the national average?

Watauga's median rent of $2,031/mo is $66 (3%) above the US national median of $1,965/mo. Within Texas, it ranks #45 out of 269 tracked cities.
Income Affordability
27%
AFFORDABLE

At $2,031/mo, rent takes ~27% of Watauga's median household income ($91,171/yr). The standard benchmark is 30%.

Watauga 27%Benchmark 30%
State income taxNone
Run the Watauga affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Watauga, TX

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