
Home Price Key
These days, finding an affordable place to live in the Wichita Falls area can be challenging. Home prices in Wichita Falls are now at a median cost of $134,776, lower than the Texas average of $235,268.
The average cost of rent is $965/mo in Wichita Falls, primarily driven by the current value of real estate in the Wichita Falls area. While nearly 47.46% of residents own their homes outright in Wichita Falls, 35.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wichita Falls is $5,253 per month. Households that rent pay about 18.36% of their income on rent here. Wichita Falls's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Pleasant Valley, TX: equally priced homes
- Sheppard Afb, TX: less expensive homes
- Lakeside City, TX: higher priced homes
- Iowa Park, TX: equally priced homes
- Dean, TX: higher priced homes
- Jolly, TX: higher priced homes
- Holliday, TX: equally priced homes
- Mankins, TX: less expensive homes
- Kadane Corner, TX: higher priced homes
- Henrietta, TX: less expensive homes
Cities with Similar Populations
- Tampico, MT: higher priced homes
- Talona, GA: higher priced homes
- Talpa, TX: higher priced homes
- Tamarac, FL: higher priced homes
- Taylor, AR: less expensive homes
- Swayzee, IN: less expensive homes
- Sweden, ME: less expensive homes
- Tampa, FL: higher priced homes
- Toco, TX: equally priced homes
- Sylmar, CA: higher priced homes
All Local Stats
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