Wichita County, TX

2024 Fair Market Rents

Tags: 2024 Wichita Falls, TX MSA

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The top four largest cities in Wichita County are Wichita Falls, Burkburnett, Iowa Park, and Sheppard Afb. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Wichita County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Wichita County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Wichita County compare?

Wichita County ($1,037) has a 5.1% lower FMR for 2-Bedroom housing than the average of Texas ($1,093) and therefore has a lower gross rent.

Wichita County is rank 114th out of 254 counties. This means the FMRs, or in other words, the gross rent is higher than 140 other counties. Wichita County is the 114th most expensive county in terms of FMRs.

Rent Tables Wichita County, TX

Fair Market Rent (40th Percentile)

$800
studio
$843
1-Bedroom
$1,037
2-Bedroom
$1,418
3-Bedroom
$1,611
4-Bedroom

Median Rent (50th Percentile)

$854
studio
$900
1-Bedroom
$1,107
2-Bedroom
$1,514
3-Bedroom
$1,720
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
76301 $700 $740 $910 $1,240 $1,410
76306 $800 $850 $1,040 $1,420 $1,620
76307 $800 $850 $1,040 $1,420 $1,620
76309 $780 $820 $1,010 $1,380 $1,570
76311 $1,200 $1,270 $1,560 $2,130 $2,420
76354 $780 $820 $1,010 $1,380 $1,570
76367 $1,010 $1,070 $1,310 $1,790 $2,030
76369 $800 $850 $1,040 $1,420 $1,620
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
76301 $630 $666 $819 $1,116 $1,269
76306 $720 $765 $936 $1,278 $1,458
76307 $720 $765 $936 $1,278 $1,458
76309 $702 $738 $909 $1,242 $1,413
76311 $1,080 $1,143 $1,404 $1,917 $2,178
76354 $702 $738 $909 $1,242 $1,413
76367 $909 $963 $1,179 $1,611 $1,827
76369 $720 $765 $936 $1,278 $1,458
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
76301 $770 $814 $1,001 $1,364 $1,551
76306 $880 $935 $1,144 $1,562 $1,782
76307 $880 $935 $1,144 $1,562 $1,782
76309 $858 $902 $1,111 $1,518 $1,727
76311 $1,320 $1,397 $1,716 $2,343 $2,662
76354 $858 $902 $1,111 $1,518 $1,727
76367 $1,111 $1,177 $1,441 $1,969 $2,233
76369 $880 $935 $1,144 $1,562 $1,782

Fair Market Rents on this page apply to the following cities in Wichita County, Texas: Wichita Falls, Burkburnett, Iowa Park, Sheppard Afb, and Kamay.

These Fair Market Rents also apply to the following ZIP codes in Wichita County, Texas: 76301, 76306, 76309, 76354, 76367, 76311, 76307, and 76369.

Wichita County, TX is considered part of the following metro FMR area: WICHITA FALLS, TX MSA.

Other counties in the same metro FMR area are: Archer County, TX, and Clay County, TX.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.