ZIP Code · TX

ZIP 76040

Part of Fort Worth, TX

Pop. 31,677·Tarrant County·448th most expensive ZIP in Texas

Median rent (all units)

$1,451/mo

Year-over-Year

+1.5%

Month-over-Month

+0.9%

vs US Median

-$481

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 76040 · $1,451

More affordable than 76% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,280

1 BR

$1,330

2 BR

$1,550

3 BR

$2,050

4 BR+

$2,530

Research median

$1,550/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

November. Asking rents in ZIP 76040 usually run 0.9% below trend in November and 1.4% above it in August, about $33 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 76040 is 0.3% below its high of $1,456 in May 2026, at $1,451 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 76040 changed +1.5% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($72,661) is $1,817 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,550); a 3-bedroom is $2,050.

Rank in Fort Worth

8th cheapest of 28 ZIP codes in Fort Worth.

Cheaper nearby

ZIP 76006, 2 miles away, rents for 17% less ($1,202/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 76040. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,412/yr

At $1,451/mo median

Location

CityFort Worth

StateTX

CountyTarrant County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.5% YoY, +0.9% MoM), not inventory.

Demographics

Who lives here

ZIP 76040 (Fort Worth, TX) is majority renter-occupied, has a large share of families with children, 30.2% of residents hold a bachelor's degree or higher.

Population

31,677

Median income

$72,661

Median age

32.9

Renters

56.3%

Age distribution

26.8%

26%

26.8%

Under 1826.8%

18–3426%

35–5426.8%

55–6411.2%

65+9.1%

Gender

47.9%

52.1%

Male47.9%

Female52.1%

Race & ethnicity

36.3%

25%

26.2%

12.1%

White36.3%

Black25%

Hispanic26.2%

Asian12.1%

Education (25+)

24.5%

33.7%

30.2%

No HS diploma11.5%

HS diploma24.5%

Some college33.7%

Bachelor's+30.2%

Housing tenure

43.7%

56.3%

Owner43.7%

Renter56.3%

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

2022 vs 2026

How ZIP 76040 in Fort Worth, TX has changed in 5 years

Rent

$1,306 → $1,451

up 11.1%

Income

$57,770 → $72,661

up 25.8%

Population

30,787 → 31,677

up 2.9%

Renter share

58.1% → 56.3%

-1.8 pts

Bachelor's+

29% → 30.2%

+1.2 pts

Median age

34.5 → 32.9

-1.6 yrs

Five years ago, renters in ZIP 76040 in Fort Worth, TX paid around $1,306 a month. That figure now sits near $1,451, up 11.1% from the 2022 baseline. Median household income climbed from $57,770 to $72,661 between 2021 and 2024, a 25.8% 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 ZIP 76040 in Fort Worth, TX adding about 890 residents over the five-year window, up 2.9% on net. The renter share has eased from 58.1% to 56.3%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 76040 in Fort Worth, 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.

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About renting in ZIP 76040

Last updated: October 17, 2026

ZIP code 76040 covers Fort Worth, TX. The median rent here is $1,451/mo as of October 2026. A 1-bedroom rents for a median of $1,330/mo. A 2-bedroom rents for a median of $1,550/mo.

At 24% of local median household income ($72,661/yr), ZIP 76040 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 76040?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (about $28/hour full-time) to afford the median rent of $1,451/mo in ZIP 76040. The local median household income is $72,661/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 76040?

Rent in ZIP 76040 has risen 1.5% over the past year as of September 2026. It sits 0.3% below its high of $1,456 in May 2026.

When is the cheapest time to rent in ZIP 76040?

Asking rents in ZIP 76040 are usually lowest in November, about 0.9% below their yearly trend, and highest in August, about 1.4% above it. At today's median that is a gap of roughly $33 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 76040 compare to other ZIPs in Texas?

ZIP 76040 is in the middle among Texas ZIP codes for rent, ranking #448 of 693 at $1,451/mo. Over the year to September 2026, rent in ZIP 76040 changed +1.5%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.