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RentData.org Logo Wichita Falls Fair Market Rent FY 2008 Wichita Falls, TX MSA Rental Data

Fair Market Rent Prices in Wichita Falls, TX :
$496 $522 $621 $872 $897
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Wichita Falls are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Wichita Falls is $621 per month.

The previous year, rent for a two-bedroom home was $569 per month. This is a 9.14% increase year-over-year.

This FMR rate applies to Megargel, TX, Ringgold, TX, Bluegrove, TX, Kamay, TX, Scotland, TX, Byers, TX, Petrolia, TX, Bellevue, TX, Windthorst, TX, Archer City, TX and other cities within the region. The Metro Code or CBSA code for this region is METRO48660M48660.

Additionally, This Fair Market Rent (FMR) area Wichita Falls, TX MSA spans three counties or cities in which ares listed in the table below. Estimated population of Wichita Falls, TX MSA FMR area is 151,524 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Wichita Falls. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Wichita Falls

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 514
1-BR 1-Bedroom $ 549
2-BR 2-Bedroom $ 658
3-BR 3-Bedroom $ 924
4-BR 4-Bedroom $ 973
Change Year:

The counties, cities, towns, and regions listed below fall into the Wichita Falls, TX MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Wichita Falls & Lawton.

County / Region Est. Population
Archer County, TX Metro 8,854
Clay County, TX Metro 11,006
Wichita County, TX Metro 131,664
Zip Codes in Wichita Falls, TX MSA

There are 26 unique zip codes in this Fair Market Rent (FMR) area:

76228, 76230, 76261, 76301, 76302, 76305, 76306, 76307, 76308, 76309, 76310, 76311, 76351, 76352, 76354, 76357, 76360, 76365, 76366, 76367, 76369, 76370, 76374, 76377, 76379 and 76389

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