Maverick on Maurine Apartments
1200 Ridgeway Dr,
Wichita Falls, TX 76306
1-3 Beds | $807 - $1,025
Rental Market Trends in Wichita Falls, TX
What is the average rent in Wichita Falls, TX?
$806/month
Average Rent
684 Sq Ft
Average Apartment Size
+1.2%
Increase in the Last Year
As of July 2025, the average rent in Wichita Falls, TX is $806 per month. This is 51% lower than the national average rent of $1,637/month, making renting in Wichita Falls more affordable than most cities in the US. When you rent an apartment in Wichita Falls, you can expect to pay about $648 per month for a studio, $806 for a one-bedroom apartment, and around $978 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,069 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Wichita Falls, TX?
In the past year, rent has increased by 1.2%, which averages out to $10 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Wichita Falls, TX
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
21%
Below $700/month
57%
$700 - $1,000/month
20%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Wichita Falls?
Based on current rent prices, West Wichita Falls and Southwest Wichita Falls" are the most affordable neighborhoods in Wichita Falls.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Wichita Falls?
Based on current rent prices, Southwest Wichita Falls and West Wichita Falls" are the most expensive neighborhoods in Wichita Falls.
Neighborhood
Average Rent
Average Sq Ft
Which Wichita Falls neighborhoods have the most rentals available?
The neighborhoods in Wichita Falls with the most apartments available are Southwest Wichita Falls and West Wichita Falls" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Wichita Falls, TX?
Because the average rent in Wichita Falls is $806, you’ll want to make about $2,686 per month or $32,232 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Wichita Falls, TX is 9.5% lower than the national average. Generally, housing in Wichita Falls is 34.5% less expensive than the national average, with rent falling between $648 - $1,069. You can expect to pay 2.7% less for groceries, 3.0% more for utilities, and 14.1% less for transportation.
How does Wichita Falls, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Wichita Falls, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$655/month
$617/month
One Bedroom
$831/month
$803/month
Two Bedroom
$1,073/month
$955/month
Three Bedroom
$1,186/month
$1,060/month
Nearby City Rent Trends
Apartment communities in Wichita Falls we think you'll love
Property Management Companies in Wichita Falls, TX
National Property Management Associates, Inc.
-
52
Communities
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8,458
Units
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34
Cities
3 Communities in Wichita Falls
Haley Communities
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41
Communities
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8,720
Units
-
34
Cities
2 Communities in Wichita Falls
Eucalyptus Real Estate
-
55
Communities
-
9,759
Units
-
10
Cities
2 Communities in Wichita Falls
Allied Property Management, Inc
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12
Communities
-
1,374
Units
-
7
Cities
2 Communities in Wichita Falls
Monarch Investment and Management Group
-
306
Communities
-
74,563
Units
-
141
Cities
1 Community in Wichita Falls
Sunridge Management Group Inc
-
90
Communities
-
16,546
Units
-
64
Cities
1 Community in Wichita Falls
Allied Orion
-
82
Communities
-
250,884
Units
-
39
Cities
1 Community in Wichita Falls
The Preiss Company
-
48
Communities
-
10,056
Units
-
29
Cities
1 Community in Wichita Falls
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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 June 2025.
* Percentages may not total 100 due to rounding.