ZIP Code · TX

ZIP 76308

Part of Wichita Falls, TX

Pop. 21,896·Wichita County·598th most expensive ZIP in Texas

Median rent (all units)

$1,242/mo

Year-over-Year

+6.0%

Month-over-Month

+0.6%

vs US Median

-$690

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 76308 · $1,242

More affordable than 89% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$900

1 BR

$1,000

2 BR

$1,230

3 BR

$1,680

4 BR+

$1,900

Research median

$1,230/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

Past year vs. the rest of Texas

Rent in ZIP 76308 changed +6.0% 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 9 of the last 12 months.

What a typical income covers

30% of the median household income ($74,772) is $1,869 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,680); a 4-bedroom is $1,900.

Rank in Wichita Falls

3rd cheapest of 6 ZIP codes in Wichita Falls.

Cheaper nearby

ZIP 76309, 3 miles away, rents for 11% less ($1,100/mo), about $1,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 76308. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,904/yr

At $1,242/mo median

Location

CityWichita Falls

StateTX

CountyWichita County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.0% YoY, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 76308 (Wichita Falls, TX) is roughly split between renters and owners, skews toward younger working-age adults, 34.4% of residents hold a bachelor's degree or higher.

Population

21,896

Median income

$74,772

Median age

30.7

Renters

47.7%

Age distribution

23.2%

32.6%

20.9%

14.8%

Under 1823.2%

18–3432.6%

35–5420.9%

55–648.5%

65+14.8%

Gender

49.2%

50.8%

Male49.2%

Female50.8%

Race & ethnicity

75.8%

17.4%

White75.8%

Black10.6%

Hispanic17.4%

Asian0.9%

Education (25+)

25.1%

35.6%

34.4%

No HS diploma4.9%

HS diploma25.1%

Some college35.6%

Bachelor's+34.4%

Housing tenure

52.3%

47.7%

Owner52.3%

Renter47.7%

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

2021 vs 2026

How ZIP 76308 in Wichita Falls, TX has changed in 5 years

Income

$61,729 → $74,772

up 21.1%

Population

20,028 → 21,896

up 9.3%

Renter share

44.1% → 47.7%

+3.6 pts

Bachelor's+

34.6% → 34.4%

-0.2 pts

Median age

32.2 → 30.7

-1.5 yrs

Local incomes tracked alongside that move, going from a median of $61,729 in 2021 to $74,772 more recently. Headcount in the area went from 20,028 to 21,896 between 2021 and 2024, a 9.3% change. About 47.7% of households rent today, against 44.1% in 2021.

Community

Discussions about ZIP 76308

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Local insights

Tips for renters in ZIP 76308

About renting in ZIP 76308

Last updated: October 17, 2026

ZIP code 76308 covers Wichita Falls, TX. The median rent here is $1,242/mo as of October 2026. A 1-bedroom rents for a median of $1,000/mo. A 2-bedroom rents for a median of $1,230/mo.

At 20% of local median household income ($74,772/yr), ZIP 76308 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 76308?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (about $24/hour full-time) to afford the median rent of $1,242/mo in ZIP 76308. The local median household income is $74,772/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 76308?

Rent in ZIP 76308 has risen 6.0% over the past year.

How does ZIP 76308 compare to other ZIPs in Texas?

ZIP 76308 is one of the more affordable among Texas ZIP codes for rent, ranking #598 of 693 at $1,242/mo. Over the year to September 2026, rent in ZIP 76308 changed +6.0%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.