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Average Rent in Wichita Falls, TX & Rent Trends

Rent prices and market trends across 6 apartment communities in Wichita Falls, TX. Updated daily.

Market Average

$895/mo

▲ +2.9% from last month

Lowest Available

$625/mo

cheapest unit on market

Communities

6

tracked daily

Units Listed

25

available now

Price Cuts This Week in Wichita Falls, TX

5 listed units across 1 building in Wichita Falls, TX dropped their asking rent in the past 7 days, an average cut of $50/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Hunter's Crossing Unit 8 $1,090 $915 $175
Hunter's Crossing Unit 9 $995 $965 $30
Hunter's Crossing Unit 13 $915 $900 $15
Hunter's Crossing Unit 14 $965 $950 $15
Hunter's Crossing Unit 16 $930 $915 $15
See today's prices on all 25 listed units

Rent by Neighborhood in Wichita Falls, TX

Compare average rent across Wichita Falls, TX neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Wichita Falls 76302 $1,006 $0 $940 1 2
Wichita Falls 76309 $983 ▲  $340 $625 1 3
Wichita Falls 76308 $983 ▼  $50 $915 1 3
Wichita Falls 76305 $884 - $764 1 7
Wichita Falls 76310 $827 ▲  $16 $731 2 10

Is Rent Going Up or Down in Wichita Falls, TX?

As of August 2026, the average rent in Wichita Falls, TX is $895 per month across 6 apartment communities and 25 available units. Rents have increased $26 (2.9%) over the past month.

The most affordable option is Wheat Properties starting at $625/mo. By unit type, a studio averages $824/mo, a 1-bedroom averages $783/mo, a 2-bedroom averages $879/mo, a 3-bedroom averages $1,033/mo, a 4-bedroom averages $1,625/mo.

Prices range from $625 to $1,625 per month. The most common price point is the $600 range, where 11 units are currently listed.

Wichita Falls, TX Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $889 - 5
August 2026 $915 +$26 6

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Wichita Falls, TX

Studio
$824
from $731 · 3 units
1 Bed
$783
from $625 · 10 units
2 Bed
$879
from $775 · 6 units
3 Bed
$1,033
from $965 · 5 units
4 Bed
$1,625
from $1,625 · 1 units

Rent Prices by Apartment in Wichita Falls, TX

Property Starting at Average Units Rating
Wheat Properties $625/mo $983/mo 3 3.8
Parkway Villas $731/mo $824/mo 6 3.6
Green Briar Apartments $764/mo $884/mo 7 3.6
Lakeview Villas $765/mo $833/mo 4 4.6
Hunter's Crossing $915/mo $983/mo 3 4.8
Woodview Apartments $940/mo $1,006/mo 2 3.7

Frequently Asked Questions About Rent in Wichita Falls, TX

What is the average rent in Wichita Falls, TX?

The average rent in Wichita Falls, TX is $895 per month as of August 2026, based on 25 units across 6 apartment communities.

Is rent going up or down in Wichita Falls, TX?

Rent in Wichita Falls, TX has increased $26 (2.9%) over the past month. The current average is $895/mo.

What is the cheapest apartment in Wichita Falls, TX?

The most affordable apartment in Wichita Falls, TX is Wheat Properties with units starting at $625/mo.

How much is a 1-bedroom apartment in Wichita Falls, TX?

A 1-bedroom apartment in Wichita Falls, TX averages $783/mo, with prices starting at $625/mo across 10 available units.

How many apartments are available in Wichita Falls, TX?

There are 25 units available across 6 apartment communities in Wichita Falls, TX.

What salary do I need to live comfortably in Wichita Falls, TX?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$36,000/year

Based on the 30 percent rule, using our tracked average rent of $895/mo.

Comfortable income

$43,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($625/mo), you need to earn at least $25,000/year.

Median household income in Wichita Falls, TX is $58,568 , about 36% above the comfortable-living threshold.

Cost of living in Wichita Falls, TX

Overall prices in Wichita Falls, TX runs below the national average by about 11% (BEA Regional Price Parity index 89.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Wichita Falls, TX's regional price parities.

Category Monthly estimate
Rent (market average) $895
Utilities $283
Groceries $502
Transportation $675
Healthcare $329
Other goods and services $527
Estimated total $3,211/mo

Population

102,558

Median household income

$58,568

Census median rent

$978/mo

Rent as % of income

27.9%

Median age

33.0

Mean commute

14 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Wichita Falls, TX Apartments

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