Last updated
Average Rent in Wichita Falls 76302 & Rent Trends
Rent prices and market trends across 1 apartment community in Wichita Falls 76302, Wichita Falls TX. Updated daily.
Market Average
$1,006/mo
Lowest Available
$940/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
2
available now
Wichita Falls 76302 vs Wichita Falls TX Average
Wichita Falls 76302 is more expensive the Wichita Falls TX average by $192/mo (24%). The citywide average is $814/mo across all neighborhoods.
Is Rent Going Up or Down in Wichita Falls 76302?
As of May 2026, the average rent in Wichita Falls 76302 is $1,006 per month across 1 apartment community and 2 available units.
The most affordable option is Woodview Apartments starting at $940/mo. By unit type, a 2-bedroom averages $940/mo, a 3-bedroom averages $1,072/mo.
Prices range from $940 to $1,072 per month. The most common price point is the $800 range, where 1 units are currently listed.
Wichita Falls 76302 Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Wichita Falls 76302
Rent Prices by Apartment in Wichita Falls 76302
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Woodview Apartments | $940/mo | $1,006/mo | 2 | 3.7 |
Google Search Trends for Wichita Falls 76302 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Wichita Falls 76302
What is the average rent in Wichita Falls 76302?
Is rent going up or down in Wichita Falls 76302?
What is the cheapest apartment in Wichita Falls 76302?
How many apartments are available in Wichita Falls 76302?
What salary do I need to live comfortably in Wichita Falls 76302?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$40,000/year
30 percent rule -- using our average rent of $1,006/mo.
Comfortable income
$48,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($940/mo), you need to earn at least $38,000/year.
Median household income in Wichita Falls 76302 is $58,568 , about 21% above the comfortable-living threshold.
Cost of living in Wichita Falls 76302
Overall prices in Wichita Falls 76302 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 76302's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,006 |
| Utilities | $283 |
| Groceries | $502 |
| Transportation | $675 |
| Healthcare | $329 |
| Other goods and services | $527 |
| Estimated total | $3,322/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 76302 Apartments
Browse all 1 communities with daily-updated pricing and availability.