Average Rent in Waco, TX and Rent Price Trends

Rent trends in Waco, TX

Average rent prices in Waco have decreased by 2% over the last month and have decreased by 3% since last year.

Rent trends

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

Compare rent prices in
Waco, TX

Rent prices in Waco vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waco is $1,297, whereas a house costs $1,595. 1-bedroom apartments in Waco run $1,095 on average, while 2-bedroom apartments are $1,336.


Studio	$1,245	3%	45%
1 bedroom	$1,050	1%	3%
2 bedroom	$1,275	1%	1%
3 bedroom	$1,650	1%	6%
4 bedroom	$2,300	No Change	No Change

		Listings
Alta Vista	$1,350
Austin Avenue	$1,395
Baylor	$1,400
Brazos	$1,680
Brookview	$1,250
Kendrick	$1,495
North Waco	$1,200
Oakwood	$1,950
Richland Hills	$1,225
West Waco	$1,525


Apartments	$1,297	No Change	No Change
Condos	$1,275	2%	No Change
Houses	$1,595	1%	No Change

Studio

Average rent

$1,245

Last 30 days

Last year

45%

1 bedroom

Average rent

$1,050

Last 30 days

Last year

2 bedroom

Average rent

$1,275

Last 30 days

Last year

3 bedroom

Average rent

$1,650

Last 30 days

Last year

4 bedroom

Average rent

$2,300

Last 30 days

No Change

Last year

No Change

The table above reflects average rent prices in Waco, 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.

How does rent in Waco, TX compare to other cities?

Compare median rent prices in Waco and Bellmead by all bedroom counts and property types.

Waco

Median rent price$1,482

24%

lower than the national median

Median rent price$1,499

23%

lower than the national median

Takeaway

The median rent for all rentals in Waco, TX is 1% lower than the median rent in Bellmead, TX.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,499

$1,400

$1,395

$1,569

$1,200

$1,200

$2,300

$1,375

$1,895

$1,575

$1,200

$1,375

Cost of living in Waco, TX

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses accrued by most renters	Average cost compared to national average
Goods & Services	6% lower
Groceries	8% lower
Health	4% higher
Housing	20% lower
Transportation	9% lower
Utilities	No difference

Discover rentals in Waco, TX

5d+ ago

8.2

Very good

Bear Crossing

2406 S University Parks Dr, Waco, TX 76706

1–4 beds

1–4 baths

$425–$1,700

Apartment for rent

5d+ ago

7.7

Very good

The Addison

2215 S 2nd St, Waco, TX 76706

4 beds

4 baths

$499

Apartment for rent

5d+ ago

6.5

Good

The Arbors

1825 S 3rd St, Waco, TX 76706

2 beds

2 baths

$525

Apartment for rent

5d+ ago

6.5

Good

11th Street Flats

1721/1722 S 11th Street, Waco, TX 76706

3 beds

3 baths

$525

Apartment for rent

5d+ ago

Oakwood house for rent in Waco

SINGLE_FAMILY - Ranch - Waco, TX

2528 S 3rd St, Waco, TX 76706

5 beds

4 baths

$667

House for rent

5d+ ago

Oakwood apartment for rent in Waco

4BR/3.0BA

1021 Elise Ave, Waco, TX 76706

4 beds

3 baths

$800

Apartment for rent

53m ago

7.7

Very good

Waco Apartments

2724 Robinson Dr, Waco, TX 76706

1–3 beds

1 bath

$850–$1,050

Apartment for rent

Modern Waco Living – Zero Deposit Apartments Near Baylor, 1800 Waco - Photo 1 of 1

1d ago

8.3

Very good

Modern Waco Living – Zero Deposit Apartments Near Baylor, 1800 Waco

1800 Primrose Dr, Waco, TX 76706

1–4 beds

1–2 baths

$850–$1,275

Apartment for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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Frequently asked questions for Waco, TX

Quick answers to common questions about the Waco rental market.

How much is rent in Waco?

The average rent in Waco is $1,482 per month as of June 13, 2026.

Is rent up or down in Waco?

Average rent prices in Waco have decreased by 2% over the last month and have decreased by 3% 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 $468 less per month.

Which neighborhoods are most affordable in Waco?

The most affordable neighborhoods in Waco are North Waco ($1,200/mo), Richland Hills ($1,225/mo), and Brookview ($1,250/mo).

What salary do I need to afford rent in Waco?

To comfortably afford rent in Waco, you'd need to earn approximately $59,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Waco?

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.

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).