Last updated on September 18, 2026

Average rent in
Baylor University, TX

Median rent

Median rent in Waco

$1,437/mo

increased by2%

vs previous year

The average rent in Waco is $1,437 per month as of September 2026. This is 24% below the national average rent, or $463 less per month.

$1.29

average price per square foot

Total rentals

Available rentals in Waco

272

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Waco rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Baylor University, TX

Average rent prices in Waco have increased by 2% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Baylor University, TX

Rent prices in Waco vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waco is $1,395, whereas a house costs $1,500. 1-bedroom apartments in Waco run $1,195 on average, while 2-bedroom apartments are $1,336.

Listings

Studio

$1,500

-

3%

1 bedroom

$1,195

-

10%

2 bedroom

$1,275

-

14%

3 bedroom

$1,585

-

No Change

4 bedroom

$1,972

-

45%

Studio

Average rent

$1,500

Last year

3%

1 bedroom

Average rent

$1,195

Last year

10%

2 bedroom

Average rent

$1,275

Last year

14%

3 bedroom

Average rent

$1,585

Last year

No Change

4 bedroom

Average rent

$1,972

Last year

45%

The table above reflects average rent prices in Baylor University, TX, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in Baylor University, TX

Bear Crossing - Photo 1 of 1

18h ago

8.2

Very good

Bear Crossing

2406 S University Parks Dr, Waco, TX 76706

1–4 beds

1–4 baths

$425–$1,700

The Dub - Photo 1 of 1

10h ago

7.8

Very good

The Dub

1506 1500, 1504, 1506 James Ave, Waco, TX 76706

1–4 beds

1–4 baths

$475–$1,800

The Addison - Photo 1 of 1

5d+ ago

6.5

Good

The Addison

2215 S 2nd St, Waco, TX 76706

4 beds

4 baths

$499

The Arbors - Photo 1 of 1

5d+ ago

6.5

Good

The Arbors

1825 S 3rd St, Waco, TX 76706

2 beds

2 baths

$525

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Baylor University, TX

Quick answers to common questions about the Waco rental market.

How much is rent in Waco?

The average rent in Waco is $1,437 per month as of September 12, 2026.

Is rent up or down in Waco?

Average rent prices in Waco have increased by 2% since last year.

How does Waco rent compare to the national average?

Rent in Waco is 24% below the national average, which means renters are paying approximately $463 less per month.

What salary do I need to afford rent in Waco?

To comfortably afford rent in Waco, you'd need to earn approximately $57,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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