Rental market snapshot for Wichita Falls, Texas

Wichita Falls, Texas Rental Property Market Overview

Wichita Falls, Texas is a city located in the north-central region of the state. According to the US Census, the population of Wichita Falls in 2021 is 102,988. The city is known for its diverse economy, which includes manufacturing, retail, and healthcare. It is also home to Sheppard Air Force Base, which is the largest training base for the US Air Force. Wichita Falls is a great place to live, work, and play, with plenty of outdoor activities, shopping, and dining options.

The average rent for an apartment in Wichita Falls is $1,164. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Wichita Falls Texas | Cost of Living

  • The most expensive ZIP code in Wichita Falls is 76310 with an average price of $1,505.
  • The cheapest ZIP code in Wichita Falls is 76301 with an average price of $864.

Wichita Falls ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
176310$1,505
276308$1,146
376306$1,064
476309$993
576301$864

Live near Wichita Falls, Texas's Top Sights and Attractions

Harold Jones Park is a large, family-friendly park located in the heart of the city. It features a variety of outdoor activities, including a playground, walking trails, picnic areas, a pond, and a disc golf course. The park also has a large pavilion, perfect for hosting events and gatherings. The park is well-maintained and provides a great place for people of all ages to enjoy the outdoors.

Grant Street Park is a picturesque outdoor area located in a residential neighborhood. It features a large pond with a fountain, a walking path, and plenty of benches and picnic tables. The park also has a playground with swings, slides, and a sandbox. The park is a great place to take a stroll, have a picnic, or just relax in the sunshine.

Lucy Park is a scenic park located on the banks of the Wichita River. It features a variety of outdoor activities, including walking trails, a playground, picnic areas, fishing spots, and a disc golf course. The park also has a large lake, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park also features a variety of trees, shrubs, and flowers, making it a great place to relax and enjoy nature.

Lake Wichita Park is a beautiful outdoor destination located in the heart of Texas. It features a large lake with a variety of recreational activities, such as fishing, boating, swimming, and camping. The park also has a playground, picnic areas, and a walking trail that winds around the lake. Visitors can also enjoy the scenic views of the lake and the surrounding area. The park is a great place to spend a day with family and friends, or to simply relax and take in the beauty of nature.

Kiwanis Park is a large outdoor recreation area located in Wichita Falls, Texas. It features a variety of amenities, including a large lake, walking trails, playgrounds, picnic areas, and a disc golf course. The park also offers a variety of activities, such as fishing, swimming, and boating. There are also several sports fields, including baseball, softball, and soccer. The park is a great place to spend the day with family and friends, and it is a popular destination for locals and visitors alike.

Castaway Cove Water Park is a tropical-themed water park located in Texas. It features a variety of attractions, including a lazy river, a wave pool, a variety of slides, and a children's area. The park also offers a variety of food and beverage options, as well as a gift shop. Guests can also enjoy a variety of special events throughout the summer, such as Dive-In Movies and Dive-In Concerts.

Kell House Museum is a historic house museum located in Wichita Falls, Texas. It was built in 1909 by Frank Kell, a prominent local businessman, and is one of the few remaining examples of Prairie-style architecture in the area. The museum features a variety of exhibits that explore the history of the city, including the life and times of the Kell family, the development of the city, and the impact of the oil industry on the region. The museum also offers a variety of educational programs, such as lectures, workshops, and tours.

Scotland Park is a large outdoor recreational area located in Wichita Falls, Texas. It features a large lake with a fishing pier, a playground, picnic areas, and a walking trail. There are also several sports fields, including a baseball diamond, a soccer field, and a basketball court. The park also has a pavilion and a gazebo, which can be rented for special events. Scotland Park is a great place to spend a day outdoors with family and friends.

Sunset Terrace Park is a beautiful outdoor oasis located in the heart of the city. It features a large lake surrounded by lush green grass and trees, providing a peaceful and tranquil atmosphere. The park also has a playground, picnic tables, and a walking trail, making it a great spot for families to enjoy. Visitors can also take in the stunning views of the sunset from the terrace, making it a perfect spot for a romantic evening.

Weeks Park is a lush green oasis located in the heart of the city. It features a large lake, walking trails, playgrounds, picnic areas, and a variety of sports fields. The park is a popular destination for locals and visitors alike, offering a peaceful escape from the hustle and bustle of the city. Visitors can enjoy fishing, boating, and bird watching, as well as take part in a variety of recreational activities such as tennis, basketball, and disc golf. The park also hosts a variety of events throughout the year, including concerts, festivals, and outdoor movies.

Wichita Falls, Texas area median rent change by ZIP code map

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How does Wichita Falls compare to other cities in Texas?

citymedian price
Fairview$2,105
Princeton$2,075
Amarillo$1,895
Benbrook$1,888
North Richland Hills$1,885
Channelview$1,695
College Station$1,350

Average household income in Wichita Falls area graph - US Census

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The median household income in Wichita Falls in 2021 was $50,856. This represents a 14.6% change from 2011 when the median was $44,390.

#categorypercent
0Less than $10,0009.3%
1$10,000 to $14,9996.1%
2$15,000 to $19,9995.9%
3$20,000 to $24,9995.6%
4$25,000 to $29,9994.9%
5$30,000 to $34,9994.5%
6$35,000 to $39,9996.8%
7$40,000 to $44,9994.6%
8$45,000 to $49,9994.2%
9$50,000 to $59,9998.0%
10$60,000 to $74,99910.3%
11$75,000 to $99,99911.3%
12$100,000 to $124,9997.8%
13$125,000 to $149,9994.3%
14$150,000 to $199,9993.2%
15$200,000 or more3.2%

Neighborhoods in Wichita Falls

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Wichita Falls is $1,164.
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