Wichita Falls

The Wichita Falls waterfall
Ducks on the pond at Lucy Park
A peaceful walking path

Wichita Falls, TX Area Guide

Welcome to the Gateway to Texas

Outdoors Community Location University

Wichita Falls combines small-town hospitality with city conveniences, making it an appealing choice for renters. Lucy Park, a 170-acre green space, serves as the city's centerpiece with paved walking trails, a swimming pool, and the city's distinctive man-made waterfall – a scenic recreation of the original falls that gave the city its name. The park system includes an off-leash dog park and various recreational facilities throughout the community. Midwestern State University and Sheppard Air Force Base anchor the city, contributing to its dynamic community.

Housing options in Wichita Falls remain relatively affordable compared to larger Texas cities, with average rents ranging from $633 for studios to $1,372 for four-bedroom homes. Recent trends show modest annual increases, with most unit types experiencing slight upticks between 0.6% and 2.4%. Established neighborhoods near the university district and around Sikes Senter Mall offer both historic homes and newer developments. The historic Newby-McMahon Building, affectionately known as the "world's littlest skyscraper," stands as an architectural curiosity from the city's past. The community hosts the Hotter'N Hell Hundred, the largest single-day century bicycle ride in the United States, highlighting the area's active outdoor culture.

Explore the City

The Wichita Falls waterfall

Ducks on the pond at Lucy Park

A peaceful walking path

Walkway in Lucy Park

Rent Trends

As of March 2026, the average apartment rent in Wichita Falls, TX is $645 for a studio, $811 for one bedroom, $979 for two bedrooms, and $1,071 for three bedrooms. Apartment rent in Wichita Falls has increased by 1.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$811/month
695 Sq Ft
House
$1,580/month
1,312 Sq Ft
See Rental Market Trends in Wichita Falls, TX

Cost of Living

The cost of living in Wichita Falls, TX is 10.1% lower than the national average. Generally, housing in Wichita Falls is 34.6% less expensive than the national average, with rent falling between $645 - $1,071. You can expect to pay 3.0% less for groceries, 2.8% more for utilities, and 14.3% less for transportation.

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Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Wichita Falls, TX is for everyday living.

Car-Dependent

42 / 100

This area is considered a car-dependent area and most errands will require a car.

Somewhat Bikeable

42 / 100

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

McNiel Middle

Public

Grades 6-8

Barwise Leadership Academy

Public

Grades 6-8

City View Junior/Senior High

Public

Grades 6-12

Kirby Middle

Public

Grades 6-8

Wichita Falls High School

Public

Grades 6-12

City View Junior/Senior High

Public

Grades 6-12

Rider High School

Public

Grades 9-12

Hirschi High School

Public

Grades 9-12

Wichita Falls High School

Public

Grades 6-12

Wichita Co Jjaep

Public

Grades 8-11

3 Students

Points of Interest

Top Apartments in Wichita Falls

Houses for Rent in Wichita Falls

Property Management Companies in Wichita Falls, TX

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.