ZIP Code · TX

ZIP 76116

Pop. 49,856·Tarrant County·610th most expensive ZIP in Texas
Median rent (all units)
$1,226/mo
Year-over-Year
+1.7%
Month-over-Month
+0.5%
vs US Median
-$706
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 76116 · $1,226
More affordable than 90% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$926
1 BR
$955
2 BR
$1,117
3 BR
$1,477
4 BR+
$1,822
Research median
$1,117/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

December. Asking rents in ZIP 76116 usually run 0.7% below trend in December and 0.8% above it in July, about $18 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 76116 is 0.1% below its high of $1,227 in March 2024, at $1,226 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 76116 changed +1.7% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 76116 rose 37.8% while median household income rose 10% ($51,068 to $56,187). Rent outpaced income.

Since before the pandemic

Rent in ZIP 76116 is 35.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($56,187) is $1,405 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,300); a 2-bedroom is $1,520.

Rank in Fort Worth

3rd cheapest of 28 ZIP codes in Fort Worth.

From Zillow's monthly rent index (ZORI) for ZIP 76116. 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
$14,712/yr
At $1,226/mo median
Location
StateTX
CountyTarrant County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.7% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 76116 (Fort Worth, TX) is majority renter-occupied, has a median income below the national average, 33.3% of residents hold a bachelor's degree or higher.

Population
49,856
Median income
$56,187
Median age
36.2
Renters
63.3%
Age distribution
23.2%
24.6%
24.8%
12.6%
14.8%
Under 1823.2%
18–3424.6%
35–5424.8%
55–6412.6%
65+14.8%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
55.8%
21.3%
24.8%
White55.8%
Black21.3%
Hispanic24.8%
Asian2.2%
Education (25+)
25.2%
30.4%
33.3%
No HS diploma11.1%
HS diploma25.2%
Some college30.4%
Bachelor's+33.3%
Housing tenure
36.7%
63.3%
Owner36.7%
Renter63.3%

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

2021 vs 2026

How ZIP 76116 in Fort Worth, TX has changed in 5 years

Rent
$963 → $1,226
up 27.3%
Income
$50,459 → $56,187
up 11.4%
Population
49,319 → 49,856
up 1.1%
Renter share
65.5% → 63.3%
-2.2 pts
Bachelor's+
32.7% → 33.3%
+0.6 pts
Median age
34.5 → 36.2
+1.7 yrs

Since 2021, the typical rent in ZIP 76116 in Fort Worth, TX has climbed from $963 to $1,226, a 27.3% change over five years. Local incomes tracked alongside that move, going from a median of $50,459 in 2021 to $56,187 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.1% since 2021, moving from about 49,319 residents to roughly 49,856. Renters now make up 63.3% of households, compared with 65.5% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 76116 in Fort Worth, TX market of 2021.

Community

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About renting in ZIP 76116

Last updated: October 17, 2026

ZIP code 76116 covers Fort Worth, TX. The median rent here is $1,226/mo as of October 2026. A 1-bedroom rents for a median of $955/mo. A 2-bedroom rents for a median of $1,117/mo.

At 26% of local median household income ($56,187/yr), ZIP 76116 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 76116?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (about $24/hour full-time) to afford the median rent of $1,226/mo in ZIP 76116. The local median household income is $56,187/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 76116?

Rent in ZIP 76116 has risen 1.7% over the past year as of September 2026. It sits 0.1% below its high of $1,227 in March 2024.

When is the cheapest time to rent in ZIP 76116?

Asking rents in ZIP 76116 are usually lowest in December, about 0.7% below their yearly trend, and highest in July, about 0.8% above it. At today's median that is a gap of roughly $18 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 76116?

Yes. From 2019 to 2024, rent in ZIP 76116 rose 37.8% while median household income rose 10%, from $51,068 to $56,187. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 76116 compare to other ZIPs in Texas?

ZIP 76116 is one of the more affordable among Texas ZIP codes for rent, ranking #610 of 693 at $1,226/mo. Over the year to September 2026, rent in ZIP 76116 changed +1.7%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.

How does ZIP 76116 compare to the rest of Fort Worth?

At $1,226/mo, ZIP 76116 is $386 below the Fort Worth citywide median of $1,612/mo. It is the 3rd cheapest of 28 ZIP codes in Fort Worth.
Income Affordability
26%
AFFORDABLE

At $1,226/mo, rent takes ~26% of ZIP 76116's median household income ($56,187/yr). The standard benchmark is 30%.

ZIP 76116 26%Benchmark 30%
State income taxNone
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