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City Report · TX

Wharton

Pop. 8,724·215th most expensive in Texas·One of the most affordable rental markets in the US
Median rent (all units)
$1,375/mo
Year-over-Year
Stable
Month-over-Month
-5.2%
vs US Median
-$590
Falling (Monthly)
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Most AffordableMost Expensive
Wharton · $1,375
More affordable than 83% of US cities · National median $1,965/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $1,375/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$55,000/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
Research median
$1,000/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
$16,500/yr
At $1,375/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -5.2% MoM), not inventory.
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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 $1,375/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: July 20, 2026

The median rent in Wharton is $1,375/mo as of July 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 28% 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

Is Wharton an affordable city for renters?

Wharton is considered affordable for renters. At $1,375/mo, rent takes approximately 28% of the local median household income ($58,212/yr). The standard benchmark is 30%. Wharton falls comfortably within that range.

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 $55,000/year (~$26/hour full-time) to afford the median rent of $1,375/mo in Wharton. The local median household income is $58,212/yr, meaning the typical Wharton household meets that threshold.

Is rent going up or down in Wharton?

Rent in Wharton has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Wharton rent compare to other cities in Texas?

Wharton is one of the more affordable cities in Texas for rent, ranking #215 out of 269 tracked cities at $1,375/mo.

What percentage of Wharton residents rent vs. own?

According to Census data, approximately 45.7% of Wharton households are renters, while 54.3% are owner-occupied. Wharton leans toward homeownership, which can mean a smaller rental inventory.

How does Wharton rent compare to the national average?

Wharton's median rent of $1,375/mo is $590 (30%) below the US national median of $1,965/mo. Within Texas, it ranks #215 out of 269 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,375/mo, rent takes ~28% of Wharton's median household income ($58,212/yr). The standard benchmark is 30%.

Wharton 28%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Wharton, TX

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