Rental numbers for the Wichita Falls, TX metro
The typical home here runs -$462 a month at 7.78% with 25% down, breaking even at about 2.1%. 0 of 7 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 9.8%.
- Gross yield
- 8.9%
- typical home, Zillow
- Median ZIP yield
- 9.8%
- 7 ZIPs with full data
- Cash flow
- -$462/mo
- at 7.78%, 25% down
- Typical price
- $179,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,334/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
17 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% |
| 76374Olney | $118,000 | $1,000* | 10.2% | 3.8% | -$265 | n/a |
| 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 |
| 76351Archer City | $142,000 | $1,000* | 8.5% | 2.2% | -$502 | 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% |
| 76379Scotland | $210,000 | $1,140* | 6.5% | 2.3% | -$736 | n/a |
| 76365Henrietta | $187,000 | $1,000* | 6.4% | 1.3% | -$804 | n/a |
| 76366Holliday | $195,000 | $1,000* | 6.1% | 1.8% | -$765 | n/a |
| 76228Bellevue | $255,000 | $1,200* | 5.6% | 1.6% | -$1,043 | n/a |
| 76305Wichita Falls | $254,000 | $1,000* | 4.7% | 0.5% | -$1,262 | n/a |
| 76389Windthorst | $299,000 | $1,000* | 4.0% | -0.1% | -$1,632 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.2%
- Rent, 12 months
- +7.2%
- Rent minus price growth
- +5.0 pts
- Property tax
- 1.52%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $147,332 | $1,013 |
| Aug 2022 | $170,886 | $1,132 |
| Aug 2023 | $171,567 | $1,175 |
| Aug 2024 | $175,027 | $1,220 |
| Aug 2025 | $175,198 | $1,244 |
| Aug 2026 | $179,059 | $1,334 |
Counties
- Clay County, TXn/a median yield
- Wichita County, TX9.8% median yield
- Archer County, TXn/a median yield
- Young County, TXn/a median yield
Tools
Questions
- Is the Wichita Falls, TX metro good for rental property?
- The typical home here runs -$462 a month at 7.78% with 25% down, breaking even at about 2.1%. 0 of 7 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 9.8%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Wichita Falls, TX metro have the highest rental yield?
- 76301 (Wichita Falls) at 15.0%, 76306 (Wichita Falls) at 11.8%, 76309 (Wichita Falls) at 9.9%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.