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ZIP Code · TX

ZIP 76306

Pop. 13,963·Wichita County·603rd most expensive ZIP in Texas
Median rent (all units)
$1,227/mo
Year-over-Year
+3.1%
Month-over-Month
+2.4%
vs US Median
-$738
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 76306 · $1,227
More affordable than 90% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$800
1 BR
$900
2 BR
$1,100
3 BR
$1,500
4 BR+
$1,700
Research median
$1,100/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
$14,724/yr
At $1,227/mo median
Location
StateTX
CountyWichita County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.1% YoY, +2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 76306 (Wichita Falls, TX) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 20.6% of residents hold a bachelor's degree or higher.

Population
13,963
Median income
$46,957
Median age
36.2
Renters
41.4%
Age distribution
28.6%
20.3%
23.1%
12.6%
15.4%
Under 1828.6%
18–3420.3%
35–5423.1%
55–6412.6%
65+15.4%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
65.4%
17.8%
23%
White65.4%
Black17.8%
Hispanic23%
Asian1.7%
Education (25+)
13.1%
37.7%
28.6%
20.6%
No HS diploma13.1%
HS diploma37.7%
Some college28.6%
Bachelor's+20.6%
Housing tenure
58.6%
41.4%
Owner58.6%
Renter41.4%

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

2021 vs 2026

How ZIP 76306 in Wichita Falls, TX has changed in 5 years

Income
$44,057 → $46,957
up 6.6%
Population
14,781 → 13,963
down 5.5%
Renter share
45% → 41.4%
-3.6 pts
Bachelor's+
15.4% → 20.6%
+5.2 pts
Median age
34.3 → 36.2
+1.9 yrs

Household income in the area moved from $44,057 to $46,957 across the same window, up 6.6% versus 2021. Census counts show ZIP 76306 in Wichita Falls, TX losing about 818 residents over the five-year window, down 5.5% on net. The renter share has eased from 45% to 41.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 15.4% to 20.6% across the same window.

Community

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Local insights

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About renting in ZIP 76306

Last updated: July 20, 2026

ZIP code 76306 covers Wichita Falls, TX. The median rent here is $1,227/mo as of July 2026. A 1-bedroom rents for a median of $900/mo. A 2-bedroom rents for a median of $1,100/mo.

At 31% of local median household income ($46,957/yr), ZIP 76306 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 76306?

As of July 20, 2026, the median monthly rent in ZIP 76306 (Wichita Falls, TX) is $1,227. This is based on aggregated data from public sources and community submissions.

How does ZIP 76306 rent compare to the US average?

ZIP 76306's median rent of $1,227/mo is $738 (38%) below the US national median of $1,965/mo.

How does ZIP 76306 compare to other ZIPs in Texas?

ZIP 76306 is among the more affordable ZIP codes in Texas, ranking #603 out of 689 ZIPs at $1,227/mo.

How much income do you need to rent in ZIP 76306?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (~$24/hour full-time) to afford the median rent of $1,227/mo in ZIP 76306. The local median household income is $46,957/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 76306?

Rent in ZIP 76306 has increased 3.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 76306 an affordable place to rent?

ZIP 76306 is considered moderate for renters. At $1,227/mo, rent takes approximately 31% of the local median household income ($46,957/yr). The standard benchmark is 30%. ZIP 76306 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 76306 residents rent vs. own?

According to Census data, approximately 41.4% of ZIP 76306 households are renters, while 58.6% are owner-occupied. ZIP 76306 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 76306 compare to the rest of Wichita Falls?

ZIP 76306 is more affordable than Wichita Falls overall. At $1,227/mo, it's $52 below the Wichita Falls citywide median of $1,279/mo.

When was rent data for ZIP 76306 last updated?

Rent data for ZIP 76306 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $1,227/mo, rent takes ~31% of ZIP 76306's median household income ($46,957/yr). The standard benchmark is 30%.

ZIP 76306 31%Benchmark 30%
State income taxNone
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