City Report · TX

Wharton

Pop. 8,724·237th most expensive in Texas·One of the most affordable rental markets in the US
Median rent (all units)
$1,258/mo
Year-over-Year
Stable
Month-over-Month
+1.9%
vs US Median
-$674
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Wharton · $1,258
More affordable than 90% of US cities · National median $1,932/mo
Affordability
26% of income
AFFORDABLE
0%30% benchmark60%+

At $1,258/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$50,000/yr
Local median income
$58,212/yr
Based on the 30%-of-income rule using Wharton's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$770
1 BR
$780
2 BR
$1,000
3 BR
$1,400
4 BR+
$1,550
Fair Market Rent (HUD)
$1,000/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,258 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($58,212) is $1,455 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,400); a 4-bedroom is $1,550.

From Zillow's monthly rent index (ZORI) for Wharton. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$15,096/yr
At $1,258/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.9% MoM), not inventory.
Rent check

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Demographics

Who lives here

Wharton, TX is roughly split between renters and owners, has a median income below the national average, 15.3% of residents hold a bachelor's degree or higher.

Population
8,724
Median income
$58,212
Median age
35.8
Renters
45.7%
Age distribution
23.2%
25.6%
22.8%
12.8%
15.6%
Under 1823.2%
18–3425.6%
35–5422.8%
55–6412.8%
65+15.6%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
43.3%
23.2%
44%
White43.3%
Black23.2%
Hispanic44%
Asian1.3%
Education (25+)
15%
37.5%
32.2%
15.3%
No HS diploma15%
HS diploma37.5%
Some college32.2%
Bachelor's+15.3%
Housing tenure
54.3%
45.7%
Owner54.3%
Renter45.7%

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

2021 vs 2026

How Wharton, TX has changed in 5 years

Income
$42,555 → $58,212
up 36.8%
Population
8,595 → 8,724
up 1.5%
Renter share
53.8% → 45.7%
-8.1 pts
Bachelor's+
12.7% → 15.3%
+2.6 pts
Median age
35.3 → 35.8
+0.5 yrs

Local incomes tracked alongside that move, going from a median of $42,555 in 2021 to $58,212 more recently. Headcount in the area went from 8,595 to 8,724 between 2021 and 2024, a 1.5% change. About 45.7% of households rent today, against 53.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 12.7% to 15.3%.

Community

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

Can you afford rent in Wharton on your salary?

At $1,258/mo, how Wharton rent compares to typical pay (30% rule).

By apartment size

Wharton rent by bedroom count

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

Local insights

Tips for renters in Wharton

About renting in Wharton, TX

Last updated: October 17, 2026

The median rent in Wharton is $1,258/mo as of October 2026. A studio apartment averages $770/mo while a 2-bedroom runs $1,000/mo. One-bedroom apartments average $780/mo and 3-bedroom units go for $1,400/mo.

At 26% of local median household income ($58,212/yr), Wharton ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Wharton?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (about $24/hour full-time) to afford the median rent of $1,258/mo in Wharton. The local median household income is $58,212/yr, so the typical household meets that bar.

Is rent going up or down in Wharton?

Rent in Wharton has been roughly flat over the past year, a 0.0% change.

How does Wharton rent compare to other cities in Texas?

Wharton is one of the more affordable among Texas cities for rent, ranking #237 of 257 tracked cities at $1,258/mo.
Income Affordability
26%
AFFORDABLE

At $1,258/mo, rent takes ~26% of Wharton's median household income ($58,212/yr). The standard benchmark is 30%.

Wharton 26%Benchmark 30%
State income taxNone
Run the Wharton affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Wharton, TX

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