Rental numbers for Wichita County, TX
The typical home here runs -$416 a month at 7.78% with 25% down, breaking even at about 2.5%. 0 of 7 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.8%.
- Gross yield
- 9.4%
- typical home, Zillow
- Median ZIP yield
- 9.8%
- 7 ZIPs with full data
- Cash flow
- -$416/mo
- at 7.78%, 25% down
- Typical price
- $172,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,346/mo
- Zillow ZORI, Aug 2026
ZIP codes in Wichita County
10 with published figures
| 76301Wichita Falls | $82,000 | $1,022 | 15.0% | 6.3% | -$12 | +9.7% |
| 76360Electra | $86,000 | $1,030* | 14.4% | 5.9% | -$44 | n/a |
| 76306Wichita Falls | $143,000 | $1,406 | 11.8% | 5.4% | -$129 | +6.9% |
| 76309Wichita Falls | $127,000 | $1,048 | 9.9% | 3.3% | -$334 | +12.3% |
| 76302Wichita Falls | $191,000 | $1,555 | 9.8% | 4.0% | -$392 | n/a |
| 76310Wichita Falls | $255,000 | $1,734 | 8.2% | 3.1% | -$716 | +9.3% |
| 76367Iowa Park | $202,000 | $1,290* | 7.7% | 2.4% | -$688 | n/a |
| 76354Burkburnett | $187,000 | $1,179 | 7.6% | 2.3% | -$650 | n/a |
| 76308Wichita Falls | $224,000 | $1,246 | 6.7% | 1.5% | -$925 | +6.1% |
| 76305Wichita Falls | $254,000 | $1,000* | 4.7% | 0.5% | -$1,262 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.1%
- Rent, 12 months
- +7.2%
- Rent minus price growth
- +5.2 pts
- Property tax
- 1.64%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $138,911 | $1,022 |
| Aug 2022 | $161,734 | $1,143 |
| Aug 2023 | $163,828 | $1,186 |
| Aug 2024 | $167,501 | $1,233 |
| Aug 2025 | $168,551 | $1,255 |
| Aug 2026 | $172,034 | $1,346 |
HUD Fair Market Rent
FY2027, Wichita Falls, TX MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $839 | $949 | $1,145 | $1,542 | $1,740 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 3.6
- 178 units, last 12 months
- National percentile
- 40th
- among US counties
Tools
Test a listing in Wichita County against today's rate.
Open the calculatorPart of the Wichita Falls, TX metro.
Questions
- Is Wichita County good for rental property?
- The typical home here runs -$416 a month at 7.78% with 25% down, breaking even at about 2.5%. 0 of 7 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.8%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Wichita County?
- About 1.64% of value, from Census ACS median taxes paid over median home value. On a $172,000 home that is about $2,823 a year.
- What is Fair Market Rent in Wichita County?
- HUD's FY2027 Fair Market Rent here is $949 for a 1-bedroom, $1,145 for a 2-bedroom and $1,542 for a 3-bedroom. Typical cash flow at today's rate is -$416 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.