Rents are 4% below what Wichita Falls's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: July 20, 2026
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Who lives here
Wichita Falls, TX is majority owner-occupied, has a median income below the national average, 25.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Wichita Falls, TX has changed in 5 years
The median rent in Wichita Falls, TX stood at $922 in 2021 and currently runs about $1,279, reflecting a 38.7% increase over the period. Census figures show median household income at $60,177 today, compared with $50,856 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. College-educated residents now make up 25.4% of adults here, versus 23.2% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Can you afford rent in Wichita Falls on your salary?
At $1,279/mo, how Wichita Falls rent compares to typical pay (30% rule).
Wichita Falls rent by bedroom count
Median rent for each apartment size in Wichita Falls. Click any size for full breakdown.
Tips for renters in Wichita Falls
Last updated: July 20, 2026
The median rent in Wichita Falls is $1,279/mo as of July 2026. A studio apartment averages $832/mo while a 2-bedroom runs $1,108/mo. One-bedroom apartments average $902/mo and 3-bedroom units go for $1,515/mo.
At 26% of local median household income ($60,177/yr), Wichita Falls ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.4% over the past year.
Frequently asked questions
Is Wichita Falls an affordable city for renters?
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Which Wichita Falls neighborhoods have the lowest rent?
How does Wichita Falls rent compare to other cities in Texas?
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What percentage of Wichita Falls residents rent vs. own?
How does Wichita Falls rent compare to the national average?
At $1,279/mo, rent takes ~26% of Wichita Falls's median household income ($60,177/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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