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ZIP Code · TX

ZIP 76116

Pop. 49,856·Tarrant County·488th most expensive ZIP in Texas
Median rent (all units)
$1,407/mo
Year-over-Year
+10.2%
Month-over-Month
-1.8%
vs US Median
-$558
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 76116 · $1,407
More affordable than 80% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,260
1 BR
$1,300
2 BR
$1,520
3 BR
$2,010
4 BR+
$2,480
Research median
$1,520/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
$16,884/yr
At $1,407/mo median
Location
StateTX
CountyTarrant County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.2% YoY, -1.8% 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
$1,062 → $1,407
up 32.5%
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 $1,062 to $1,407, a 32.5% 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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Local insights

Tips for renters in ZIP 76116

About renting in ZIP 76116

Last updated: July 20, 2026

ZIP code 76116 covers Fort Worth, TX. The median rent here is $1,407/mo as of July 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,520/mo.

At 30% of local median household income ($56,187/yr), ZIP 76116 ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 76116?

As of July 20, 2026, the median monthly rent in ZIP 76116 (Fort Worth, TX) is $1,407. This is based on aggregated data from public sources and community submissions.

How does ZIP 76116 rent compare to the US average?

ZIP 76116's median rent of $1,407/mo is $558 (28%) below the US national median of $1,965/mo.

How does ZIP 76116 compare to other ZIPs in Texas?

ZIP 76116 is among the more affordable ZIP codes in Texas, ranking #488 out of 689 ZIPs at $1,407/mo.

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 $56,000/year (~$27/hour full-time) to afford the median rent of $1,407/mo in ZIP 76116. The local median household income is $56,187/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 76116?

Rent in ZIP 76116 has increased 10.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 76116 an affordable place to rent?

ZIP 76116 is considered moderate for renters. At $1,407/mo, rent takes approximately 30% of the local median household income ($56,187/yr). The standard benchmark is 30%. ZIP 76116 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 76116 residents rent vs. own?

According to Census data, approximately 63.3% of ZIP 76116 households are renters, while 36.7% are owner-occupied. With a majority renter population, ZIP 76116 has a strong rental market.

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

ZIP 76116 is more affordable than Fort Worth overall. At $1,407/mo, it's $228 below the Fort Worth citywide median of $1,635/mo.

When was rent data for ZIP 76116 last updated?

Rent data for ZIP 76116 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,407/mo, rent takes ~30% of ZIP 76116's median household income ($56,187/yr). The standard benchmark is 30%.

ZIP 76116 30%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 76116 (Fort Worth, TX)

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