What HUD offices serve Wichita Falls, Texas?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Wichita Falls.
How many renters live in Wichita Falls, Texas?
The City of Wichita Falls has 102,659 people living in 38,057 households.
There are 38,178 renters living in 17,315 renter households in this City. Renters make up 37.19 percent of the population living in Wichita Falls.
What is the rental market like in Wichita Falls, Texas?
There are an estimated 43,253 housing units in the Wichita Falls area. Of these, 18,970 units are rental homes, making up 44 percent of the housing market. For every renter household in Wichita Falls, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Wichita Falls?
The rental vacancy rate in Wichita Falls is 12 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Wichita Falls for each bedroom size?
Occupied Rental Units by Size in Wichita Falls
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 975 | 4,103 | 7,128 | 4,138 | 939 |
Occupied Rental Units by Size in Wichita Falls
A large number of apartments in Wichita Falls have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Wichita Falls are overburdened by housing costs?
Among renter households in this market, 46 percent have housing cost burden. Further, 16 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Wichita Falls
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $800 to $1,611. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $800 |
| One BR | $843 |
| Two BR | $1,037 |
| Three BR | $1,418 |
| Four BR | $1,611 |
2024 Fair Market Rents in Wichita Falls, Texas
How many units are rented at Fair Market Rent (FMR) in Wichita Falls?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 803 | 82 percent |
| One BR | 2,150 | 52 percent |
| Two BR | 4,237 | 59 percent |
Rental Units Below FMR in Wichita Falls, Texas
How many affordable rental units are in Wichita Falls?
There are a variety of federal affordable housing programs serving households in Wichita Falls, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 842 |
| Public Housing | 624 |
| Section 8 Project-Based Rental Assistance | 639 |
Tracked Units by Federal Program in Wichita Falls, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Wichita Falls, Texas
Wichita Falls features 1,736 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Wichita Falls, Texas
There are 626 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wichita Falls.
Housing Choice Vouchers in Wichita Falls, Texas
On average, Section 8 Housing Choice vouchers pay Wichita Falls landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Wichita Falls.
The maximum amount a voucher would pay on behalf of a low-income tenant in Wichita Falls, Texas for a two-bedroom apartment is between $933 and $1,141.
Sourced from federal housing data and AffordableHousingOnline.com research.
