How much is the average rent in Waco, TX for 1-bedroom and 2-bedroom apartments?

Waco's 2025 rental market shows one-bedroom apartments averaging around $1,100 per month, while two-bedroom units rent for around $1,300 monthly. Budget-conscious renters can find one-bedroom options for around $950 in neighborhoods like Heart of Texas, Austin Avenue, and Richland Hills.

Are rents going up or down in Waco, TX?

Rents in Waco, TX have slightly decreased in 2024, with an overall decline of 2.5% year-over-year. Specifically, 1-bedroom rents decreased by 7.1% and 2-bedroom rents decreased by 3.9%.

When is the best time to look for an apartment in Waco, TX?

February offers the lowest rental prices in Waco, with approximately 4% lower rents compared to September's peak pricing. November ranks as the least competitive month with lower demand, while July and March see higher competition between renters for available inventory.

What are the best neighborhoods to rent an apartment in Waco, TX?

Brook Oaks and Richland Hills excel for social renters with strong walk scores, local events, and dining access. Heart of Texas generates the highest consumer interest at nearly 1.5 times the market average, while Mountainview, East Riverside, and University offer exceptional pet amenities including grooming services and dedicated pet spaces.

What areas of Waco, TX are best for budget-conscious renters?

Heart of Texas offers the most affordable median rent at around $1,130, followed closely by Austin Avenue at around $1,130 and Sanger-Heights at around $1,190. These neighborhoods provide one-bedroom apartments for around $950, priced 6% below the city median.

Are there pet-friendly apartments in Waco, TX?

Waco offers strong pet accommodation with 41% of rental listings welcoming pets. Mountainview, East Riverside, University, and Richland Hills provide exceptional pet amenities including waste stations, dedicated pet spaces, grooming services, and policies with minimal restrictions for animal companions.

Are utilities usually included in rent in Waco, TX?

Utilities are rarely included in Waco rental properties, appearing in only 30 total listings or 0.05% of the market. The inclusion rate remains consistently low across all bedroom types, from studios at 0.10% to three-bedrooms at 0.04% of available units.