Most Affordable ZIP Codes in Wichita Falls, TX (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 76360 1% rule Electra, TX $81,475 $927 8.87% 0.5%
2 76301 1% rule Wichita Falls, TX $82,131 $1,024 9.73% 2.8%
3 76374 Olney, TX $118,061 $900 5.95% 8.4%
4 76309 Wichita Falls, TX $128,083 $1,056 6.43% 3.8%
5 76306 Wichita Falls, TX $142,577 $1,263 6.91% 5.8%
6 76354 Burkburnett, TX $184,871 $1,124 4.74% 5.4%
7 76365 Henrietta, TX $187,227 $900 3.75% 3.3%
8 76302 Wichita Falls, TX $191,374 $1,497 6.10% 5.8%
9 76366 Holliday, TX $196,712 $900 3.57% 2.6%
10 76308 Wichita Falls, TX $224,782 $1,236 4.29% 5.3%
11 76228 Bellevue, TX $253,241 $1,080 3.33% 2.1%
12 76310 Wichita Falls, TX $256,291 $1,802 5.49% 5.0%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →