Weatherford City, Texas Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Weatherford City, Texas rental market.

Highlights

An apartment for rent in Weatherford City, Texas typically goes for $1,507 per month, while a single-family home for rent in Weatherford City, Texas has a monthly cost of around $2,435. Renter-occupied units make up 35% of the local housing market, while the rental vacancy rate in Weatherford City, Texas is at 5.6.

Weatherford City, Texas

Average Apartment Rent

$1,507

Y-o-Y Change in Average
Apartment Rent

6.2%

Average Single-Family Rent

$2,435

As of November 2024

Compared to a year ago, Weatherford City, Texas apartments have recorded a 6.2% rent increase.

Weatherford City, Texas Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Weatherford $1,209 $1,302 $1,371 $1,426 $1,432 $1,436 $1,419 $1,420 $1,452 $1,507
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Weatherford
National
Nov 2021
$1,209
$1,596
Mar 2022
$1,302
$1,635
Jul 2022
$1,371
$1,708
Nov 2022
$1,426
$1,726
Mar 2023
$1,432
$1,714
Jul 2023
$1,436
$1,739
Nov 2023
$1,419
$1,733
Mar 2024
$1,420
$1,727
Jul 2024
$1,452
$1,752
Nov 2024
$1,507
$1,748

Weatherford City, Texas Average Apartment Rent

Weatherford City, Texas Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 53.61%, apartments priced $1,000 - $1,500 represent the bulk of Weatherford City, Texas rentals, while condos priced $700 - $1000 hold the lowest share of the market – 4.28%.

Weatherford City, Texas Housing tenure**

Renter occupied housing units 4,304
Owner occupied housing units 8,032

Renters take up 35% of Weatherford City, Texas real estate, occupying a total of 4,304 units, while homeowners live in 8,032 properties.

Median number of rooms of renter-occupied housing units**

4.6

Renter median household income**

$47,549

Average household size of renter-occupied housing units**

2.17

Rental vacancy rate**

5.6%

Weatherford City, Texas Renter-occupied housing units by no. of bedrooms**

No bedrooms 169
1 bed 1,121
2 beds 1,064
3 beds 1,811
4 beds 119

There are 1,811 rentals in Weatherford City, Texas with 3 beds making up the highest share of the market, at 42%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 119 units. Overall, the median number of rooms in Weatherford City, Texas homes for rent is 4.6.

Weatherford City, Texas Renter-occupied units by age of householder**

15 - 24 years 483
25 - 34 years 785
35 - 44 years 861
45 - 54 years 301
55 - 59 years 271
60 - 64 years 429
65 - 74 years 457
75 - 84 years 334
85 years and over 383

Most condos for rent in Weatherford City, Texas are occupied by residents in the 35 - 44 years age group (20%), followed by those in the 25 - 34 years age group (18%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 6%.

Weatherford City, Texas Renter-occupied housing units by family type**

Family households 1,993
Non-Family Households 2,311

Weatherford City, Texas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 1,235
No related children of the householder under 18 3,069

A total of 1,993 apartments for rent in Weatherford City, Texas, or 46% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 1,235 units. All in all, the median size of a renter-occupied household in Weatherford City, Texas is 2.17.

Weatherford City, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 399
High school graduate (including equivalency) 1,407
Some college or associate's degree 1,410
Bachelor's degree or higher 1,088

In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Weatherford City, Texas.

Weatherford City, Texas Renter-occupied units by year structure built**

Built 2020 or later 32
Built 2010 - 2019 679
Built 2000 - 2009 1,193
Built 1990 - 1999 579
Built 1980 - 1989 350
Built 1970 - 1979 629
Built 1960 - 1969 382
Built 1950 - 1959 220
Built 1940 - 1949 68
Built 1939 or earlier 172

The highest share of Weatherford City, Texas apartment rentals, namely 28% or 1,193 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (16%, 679 units), and the ones Built 1970 - 1979 (15%, 629 units).

Weatherford City, Texas Renter-occupied units by year householder moved in**

Moved in 2021 or later 478
Moved in 2018 to 2020 1,658
Moved in 2010 to 2017 1,831
Moved in 2000 to 2009 269
Moved in 1990 to 1999 68

Median year renter moved into unit 2018

Most Weatherford City, Texas renters (43%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Weatherford City, Texas condos for rent is 2018.

Weatherford City, Texas Renter-occupied housing units by vehicles available**

No vehicle available 488
1 vehicle available 2,132
2 vehicles available 1,237
3 vehicles available 372
4 or more vehicles available 75

When it comes to transportation options, 50% of Weatherford City, Texas renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 11% have No vehicle available.

Weatherford City, Texas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 3,331
Car, truck, or van - carpooled 559
Public transportation (excluding taxicab) 95
Walked 154
Taxicab, motorcycle, bicycle, or other means 74
Worked at home 395

Weatherford City, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 7,021
Moved within same county 1,008
Moved from different county within same state 938
Moved from different state 103
Moved from abroad 114

Weatherford City, Texas Average apartment rent by zip codes


The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Weatherford City, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

Check out rentals available in Weatherford City, Texas