Maverick on Maurine Apartments
1200 Ridgeway Dr,
Wichita Falls, TX 76306
1-3 Beds | $765 - $1,025
Rental Market Trends in Wichita Falls, TX
What is the average rent in Wichita Falls, TX?
$789/month
Average Rent
689 Sq Ft
Average Apartment Size
-1.1%
Decrease in the Last Year
As of January 2025, the average rent in Wichita Falls, TX is $789 per month. This is 49% lower than the national average rent of $1,552/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 $641 per month for a studio, $789 for a one-bedroom apartment, and around $957 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,043 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 decreased by 1.1%, which averages out to $8 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Wichita Falls, TX
Last Updated January 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
24%
Below $700/month
56%
$700 - $1,000/month
19%
$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, North Wichita Falls, 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, Wichita Falls, East Wichita Falls and Downtown 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, West Wichita Falls and 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 $789, you’ll want to make about $2,630 per month or $31,560 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.
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
$446/month
-
One Bedroom
$675/month
$1,281/month
Two Bedroom
$873/month
$1,580/month
Three Bedroom
$1,065/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.
-
51
Communities
-
8,322
Units
-
34
Cities
3 Communities in Wichita Falls
Haley Communities
-
41
Communities
-
8,720
Units
-
34
Cities
2 Communities in Wichita Falls
Barge Properties
-
22
Communities
-
2,861
Units
-
13
Cities
2 Communities in Wichita Falls
Eucalyptus Real Estate
-
53
Communities
-
9,546
Units
-
10
Cities
2 Communities in Wichita Falls
Allied Property Management, Inc
-
10
Communities
-
1,380
Units
-
8
Cities
2 Communities in Wichita Falls
Monarch Investment and Management Group
-
305
Communities
-
74,735
Units
-
140
Cities
1 Community in Wichita Falls
The Michaels Organization
-
86
Communities
-
13,892
Units
-
72
Cities
1 Community in Wichita Falls
Sunridge Management Group Inc
-
84
Communities
-
15,644
Units
-
62
Cities
1 Community in Wichita Falls
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Methodology
† 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.
* Percentages may not total 100 due to rounding.