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13 Houses for rent in Wichita Falls, TX

Last updated November 17 at 5:39am UTC
4710 BROOKDALE DRIVE
Wichita Falls
Wichita Falls, TX
Updated November 17 at 5:39am UTC
2 Bedrooms
$750
103 DEVONSHIRE DRIVE
Wichita Falls
Wichita Falls, TX
Updated November 17 at 5:39am UTC
3 Bedrooms
$750
3010 MCGAHA AVENUE
Wichita Falls
Wichita Falls, TX
Updated November 17 at 1:54am UTC
3 Bedrooms
$750
8 Conner
Wichita Falls
Wichita Falls, TX
Updated November 15 at 11:56am UTC
2 Bedrooms
$575
3433 ARROWHEAD DRIVE
Wichita Falls
Wichita Falls, TX
Updated November 7 at 9:32pm UTC
3 Bedrooms
$1,650
4116 RUBSAM STREET
Wichita Falls
Wichita Falls, TX
Updated November 7 at 9:32pm UTC
3 Bedrooms
$900
4623 EL CAPITAN DRIVE
Wichita Falls
Wichita Falls, TX
Updated November 7 at 9:32pm UTC
4 Bedrooms
$1,375
4027 HOOPER DRIVE
Wichita Falls
Wichita Falls, TX
Updated November 7 at 9:32pm UTC
3 Bedrooms
$875
1010 HARDING STREET
Wichita Falls
Wichita Falls, TX
Updated November 5 at 2:29pm UTC
3 Bedrooms
$750
2113 8TH STREET
Wichita Falls
Wichita Falls, TX
Updated October 3 at 2:38am UTC
3 Bedrooms
$575
1310 HARRISON STREET
Wichita Falls
Wichita Falls, TX
Updated October 3 at 2:38am UTC
2 Bedrooms
$595
3304 SHERWOOD LANE
Wichita Falls
Wichita Falls, TX
Updated September 7 at 10:41pm UTC
2 Bedrooms
$800
Results within 5 miles of Wichita Falls, TX
3046 HORSESHOE BEND ESTATES
Iowa Park
Iowa Park, TX
Updated November 7 at 9:32pm UTC
3 Bedrooms
$2,100

November 2018 Wichita Falls Rent Report

Welcome to the November 2018 Wichita Falls Rent Report. Wichita Falls rents increased over the past month. In this report, we'll evaluate trends in the Wichita Falls rental market, including comparisons to cities throughout the state and nation.

View full Wichita Falls Rent Report
Rent Report
Wichita Falls

November 2018 Wichita Falls Rent Report

Welcome to the November 2018 Wichita Falls Rent Report. Wichita Falls rents increased over the past month. In this report, we'll evaluate trends in the Wichita Falls rental market, including comparisons to cities throughout the state and nation.

Wichita Falls rents increase sharply over the past month

Wichita Falls rents have increased 2.8% over the past month, and have increased moderately by 2.6% in comparison to the same time last year. Currently, median rents in Wichita Falls stand at $600 for a one-bedroom apartment and $750 for a two-bedroom. Wichita Falls' year-over-year rent growth leads the state average of 1.5%, as well as the national average of 1.1%.

Rents rising across cities in Texas

Throughout the past year, rent increases have been occurring not just in the city of Wichita Falls, but across the entire state. Of the largest 10 cities that we have data for in Texas, 8 of them have seen prices rise. The state as a whole logged rent growth of 1.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Plano is the most expensive of all Texas' major cities, with a median two-bedroom rent of $1,430; of the 10 largest cities in Texas that we have data for, Lubbock and El Paso, where two-bedrooms go for $820 and $830, are the only two major cities in the state to see rents fall year-over-year (-1.0% and -0.8%).
  • Corpus Christi, Arlington, and Austin have all experienced year-over-year growth above the state average (3.1%, 2.8%, and 2.3%, respectively).

Wichita Falls rents more affordable than many large cities nationwide

As rents have increased moderately in Wichita Falls, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Wichita Falls is still more affordable than most large cities across the country.

  • Wichita Falls' median two-bedroom rent of $750 is below the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 2.6% increase in Wichita Falls.
  • While Wichita Falls' rents rose moderately over the past year, the city of Seattle saw a decrease of 1.3%.
  • Renters will find more reasonable prices in Wichita Falls than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than four times the price in Wichita Falls.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.