ZIP Code · TX

ZIP 76148

Part of Watauga, TX
Pop. 23,367·Tarrant County·79th most expensive ZIP in Texas
Median rent (all units)
$2,019/mo
Year-over-Year
+3.1%
Month-over-Month
Stable
vs US Median
+$87
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 76148 · $2,019
More expensive than 62% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,830
1 BR
$1,890
2 BR
$2,210
3 BR
$2,920
4 BR+
$3,610
Research median
$2,210/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

Compared with the peak

Rent in ZIP 76148 is at its highest level since Zillow's records here began in January 2022.

Past year vs. the rest of Texas

Rent in ZIP 76148 changed +3.1% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has risen 4 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($89,840) is $2,246 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,210); a 3-bedroom is $2,920.

Cheaper nearby

ZIP 76137, 2 miles away, rents for 22% less ($1,574/mo), about $5,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 76148. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,228/yr
At $2,019/mo median
Location
StateTX
CountyTarrant County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.1% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 76148 (Watauga, TX) is majority owner-occupied, has a median income above the national average, 22.7% of residents hold a bachelor's degree or higher.

Population
23,367
Median income
$89,840
Median age
38
Renters
18.6%
Age distribution
22.6%
23%
24.4%
14%
16%
Under 1822.6%
18–3423%
35–5424.4%
55–6414%
65+16%
Gender
50.9%
49.1%
Male50.9%
Female49.1%
Race & ethnicity
68.7%
29.2%
White68.7%
Black3.7%
Hispanic29.2%
Asian4.2%
Education (25+)
34.8%
31.1%
22.7%
No HS diploma11.4%
HS diploma34.8%
Some college31.1%
Bachelor's+22.7%
Housing tenure
81.4%
18.6%
Owner81.4%
Renter18.6%

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

2022 vs 2026

How ZIP 76148 in Watauga, TX has changed in 5 years

Rent
$1,742 → $2,019
up 15.9%
Income
$78,479 → $89,840
up 14.5%
Population
24,578 → 23,367
down 4.9%
Renter share
19.4% → 18.6%
-0.8 pts
Bachelor's+
20.4% → 22.7%
+2.3 pts
Median age
36.4 → 38
+1.6 yrs

Five years ago, renters in ZIP 76148 in Watauga, TX paid around $1,742 a month. That figure now sits near $2,019, up 15.9% from the 2022 baseline. On the earnings side, the typical household in ZIP 76148 in Watauga, TX now reports about $89,840, up from $78,479 in 2021. Census counts show ZIP 76148 in Watauga, TX losing about 1,211 residents over the five-year window, down 4.9% on net. Bachelor's-degree-or-higher attainment moved from 20.4% to 22.7% across the same window. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 76148 in Watauga, TX reflects that arc in its own way.

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Local insights

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About renting in ZIP 76148

Last updated: October 17, 2026

ZIP code 76148 covers Watauga, TX. The median rent here is $2,019/mo as of October 2026. A 1-bedroom rents for a median of $1,890/mo. A 2-bedroom rents for a median of $2,210/mo.

At 27% of local median household income ($89,840/yr), ZIP 76148 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 76148?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (about $39/hour full-time) to afford the median rent of $2,019/mo in ZIP 76148. The local median household income is $89,840/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 76148?

Rent in ZIP 76148 has risen 3.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2022.

How does ZIP 76148 compare to other ZIPs in Texas?

ZIP 76148 is one of the pricier among Texas ZIP codes for rent, ranking #79 of 693 at $2,019/mo. Over the year to September 2026, rent in ZIP 76148 changed +3.1%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.

How does ZIP 76148 compare to the rest of Watauga?

At $2,019/mo, ZIP 76148 is $14 below the Watauga citywide median of $2,033/mo.
Income Affordability
27%
AFFORDABLE

At $2,019/mo, rent takes ~27% of ZIP 76148's median household income ($89,840/yr). The standard benchmark is 30%.

ZIP 76148 27%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 76148 (Watauga, TX)

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