States › Texas › Wichita Falls

Is Wichita Falls, TX expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,25029% lower than U.S. average
💵 Families earn per year (2026)$64,901about $5,408/month · 25% lower than U.S. average
🔑 House price$156,80053% lower than U.S. average

Rent is lower than in 72% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 14.3 minutes.

How much money do I need?

To rent here comfortably, you should earn about $50,000 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other Texas cities?

Yes. Rent here is cheaper than in most of Texas. It is number 148 of 426 cities from cheapest to most expensive.

Wichita Falls
$1,250
$1,567
$1,203
$1,389

How much do households earn in Wichita Falls?

Under $25k
17.5%
$25k–50k
26.1%
$50k–100k
30.9%
$100k–150k
13.5%
$150k+
5.8%

Share of households by yearly income. 19.3% of households earn $100,000 or more.

Rent by apartment size in Wichita Falls

SizeWichita FallsU.S. average
Studio$840$1,338
1 bedroom$881$1,324
2 bedrooms$1,052$1,509
3 bedrooms$1,346$1,698
4 bedrooms$1,718$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Wichita Falls overall?

Everyday prices in the Wichita Falls metro area are 10% below the U.S. average (index 89.5, U.S. = 100).

Housing
68
Goods (food, clothes…)
94
Utilities
84
Other services
96
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Wichita Falls

🏛️ Property tax$2,633a year · 1.68% of home value · U.S. $3,119
⚡ Electric bill$177a month (typical) · U.S. $156

Life in Wichita Falls

Commute to work14.3 minU.S.: 26.4 min
College degree25.4%U.S.: 35.7%
Own their home56.4%U.S.: 65.2%
Below poverty line17.7%U.S.: 12.5%
Unemployment3.8%U.S.: 5.2%

What jobs pay in Wichita Falls

JobMedian payRent / pay
Pharmacist$139,40010.8%
Nurse Practitioner$130,31011.5%
Physician Assistant$128,78011.6%
Software Developer$108,26013.9%
Lawyer$106,78014.0%
Dental Hygienist$91,34016.4%
Computer Systems Analyst$85,25017.6%
Registered Nurse$83,28018.0%
Civil Engineer$76,64019.6%
Operations Manager$76,32019.7%
Accountant$76,05019.7%
Police Officer$73,11020.5%
Licensed Practical Nurse$60,33024.9%
Elementary School Teacher$58,90025.5%
Truck Driver$50,60029.6%
HVAC Technician$49,24030.5%
Plumber$49,21030.5%
Market Research Analyst$47,84031.4%
Firefighter$45,71032.8%
Electrician$45,57032.9%
Medical Assistant$40,24037.3%
Carpenter$38,62038.8%
Nursing Assistant$37,87039.6%
Customer Service Representative$36,37041.2%
Warehouse Worker$34,42043.6%
Restaurant Cook$29,79050.4%
Retail Salesperson$28,61052.4%
Cashier$27,65054.2%
Server (Waiter/Waitress)$22,98065.3%

Is it cheaper to rent or buy in Wichita Falls?

Buying is cheaper month to month: about $162 a month less than renting.

Renting
$1,250
Owning
$1,088

Owning assumes a typical $156,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,680 for the down payment.

Frequently asked questions

What is the average rent in Wichita Falls, TX?

Renting in Wichita Falls costs a median of about $1,250 a month in 2026, including utilities. The Texas median is $1,451.

How much do I need to make to live in Wichita Falls?

To keep rent under 30% of income, you need about $50,000 a year, or $24 an hour at a full-time job.

Is Wichita Falls cheap or expensive?

Wichita Falls is rated OK: rent takes 23.1% of the typical household income of $64,901. It ranks 148th cheapest of 426 Texas cities we track.

How much are property taxes in Wichita Falls?

The median homeowner in Wichita Falls pays $2,633 a year in property taxes, about 1.68% of the median home value.

Is Wichita Falls more expensive than the national average?

Overall prices in the metro area are 10% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Wichita Falls?

The median home value in Wichita Falls is $156,800, about 2.4 times the typical yearly household income.

102,581 people live in Wichita Falls. Numbers are typical (middle) values.