The Maverick on Seymour
3706 Seymour Rd,
Wichita Falls, TX 76309
1-3 Beds | $900 - $1,205
Rental Market Trends in Wichita Falls, TX
What is the average rent in Wichita Falls, TX?
$792/month
Average Rent
690 Sq Ft
Average Apartment Size
-1.5%
Decrease in the Last Year
As of March 2025, the average rent in Wichita Falls, TX is $792 per month. This is 49% lower than the national average rent of $1,559/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 $633 per month for a studio, $792 for a one-bedroom apartment, and around $966 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,061 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 1.5%, which averages out to $11 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 March 2025
Legend
2024
2025
Rent Ranges in Wichita Falls, TX
Last Updated March 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
22%
Below $700/month
57%
$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, Downtown Wichita Falls, North Wichita Falls and East 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, 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, 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 $792, you’ll want to make about $2,640 per month or $31,680 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 9.7% lower than the national average. Generally, housing in Wichita Falls is 33.8% less expensive than the national average, with rent falling between $633 - $1,061. You can expect to pay 2.8% less for groceries, 2.7% 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
$797/month
-
One Bedroom
$726/month
$1,287/month
Two Bedroom
$1,176/month
$1,593/month
Three Bedroom
-
-
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
Eucalyptus Real Estate
-
53
Communities
-
9,581
Units
-
10
Cities
2 Communities in Wichita Falls
Allied Property Management, Inc
-
10
Communities
-
1,270
Units
-
7
Cities
2 Communities in Wichita Falls
Monarch Investment and Management Group
-
306
Communities
-
74,904
Units
-
140
Cities
1 Community in Wichita Falls
The Michaels Organization
-
84
Communities
-
13,654
Units
-
70
Cities
1 Community in Wichita Falls
Sunridge Management Group Inc
-
89
Communities
-
16,435
Units
-
63
Cities
1 Community in Wichita Falls
Allied Orion
-
73
Communities
-
248,964
Units
-
37
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 February 2025.
* Percentages may not total 100 due to rounding.