Rentometer, Inc. | Data as of 12/16/2025
Wichita Falls’ metro rental market offers a diverse mix of housing options that cater to students, military families, and professionals alike. Apartment living is particularly strong in the downtown corridor and the historic Sikes Center area, where studio units typically fall in the low $500 range and one‑bedroom apartments average in the $800 range. Larger floor plans, such as two‑ and three‑bedroom units, generally sit in the $1,000 to $1,200 bracket, providing ample space for growing households while remaining competitively priced for the region.
Single‑family homes are a popular choice in neighborhoods like River Bend, Dean Hill, and the Lake Wichita community. One‑bedroom houses often rent in the $600‑$700 range, while two‑bedroom homes commonly reach the $1,000 range. For families seeking more room, three‑bedroom homes are typically listed in the $1,500 range, and larger four‑plus‑bedroom properties trend toward the $2,100 range. Proximity to Sheppard Air Force Base, Midwestern State University, and major retail centers adds convenience and appeal for both short‑term and long‑term renters.
Beyond the numbers, Wichita Falls boasts a welcoming atmosphere with cultural attractions such as the Wichita Falls Museum of Art, vibrant local dining along 4th Street, and easy access to outdoor recreation at Lake Wichita and nearby parks. This blend of affordable, varied housing and quality of life amenities makes the metro area an attractive destination for renters looking to balance cost, comfort, and community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $581 | $535 | $515 - $695 | $515 - $695 |
| Apartment | 1 Bedroom | $811 | $782 | $550 - $1,299 | $725 - $850 |
| Apartment | 2 Bedroom | $1,013 | $1,004 | $574 - $1,499 | $875 - $1,153 |
| Apartment | 3 Bedroom | $1,199 | $1,230 | $530 - $1,750 | $940 - $1,500 |
| House | 1 Bedroom | $662 | $662 | $450 - $975 | $575 - $725 |
| House | 2 Bedroom | $1,003 | $985 | $650 - $1,900 | $850 - $1,100 |
| House | 3 Bedroom | $1,581 | $1,500 | $747 - $3,200 | $1,250 - $1,850 |
| House | 4+ Bedroom | $2,153 | $2,150 | $1,175 - $4,200 | $1,595 - $2,750 |
In the current period, the average rent in Wichita Falls, TX was $619 for Studio, $739 for 1 Bedroom, $1,007 for 2 Bedroom, $1,552 for 3 Bedroom, and $2,148 for 4+ Bedroom.
Data provided by Rentometer, Inc.