Last updated on August 2, 2026

Average rent in
Waco, TX

Key takeaways for renters

  • Where Waco rent stands today

    Waco, TX rent slipped 3.3% year over year, with a current median of $1,450/month. Renters today are paying $39 less per month on average than last year, despite a 1.8% increase month over month as the market recovers from a recent trough.

  • Waco sits 25.3% more affordable than the $1,940/month national median, offering a more accessible market for renters seeking value in Texas. The total rentals count is 302, a smaller inventory than larger metros.

  • Price ranges

    Studios in Waco run around $1,245/month, 1-bedrooms around $1,000/month, 2-bedrooms around $1,250/month, 3-bedrooms around $1,600/month, and 4+ bedrooms at $2,200/month. Houses, which make up 66% of rentals, rent for a median of $1,575/month, while apartments sit at $1,300/month.

  • Neighborhood spotlight

    Cedar Ridge rents fell 40.2% year over year to $1,195/month across 28 rentals, a notable cooldown compared to the citywide decline of 3.3%. This sharp drop shows a localized market shift within Waco.

Median rent

Median rent in Waco

$1,450/mo

decreased by3%

vs previous year

The average rent in Waco is $1,450 per month as of August 2026. This is 25% below the national average rent, or $490 less per month.

$1.25

average price per square foot

Total rentals

Available rentals in Waco

302

for rent on Zumper.com as of August 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 Waco, TX

Average rent prices in Waco have increased 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 $1,300, whereas a house costs $1,575. 1-bedroom apartments in Waco run $1,100 on average, while 2-bedroom apartments are $1,300.

Listings

Studio

$1,245

12%

50%

1 bedroom

$1,000

1%

2%

2 bedroom

$1,250

1%

2%

3 bedroom

$1,600

No Change

6%

4 bedroom

$2,200

No Change

12%

Studio

Average rent

$1,245

Last 30 days

12%

Last year

50%

1 bedroom

Average rent

$1,000

Last 30 days

1%

Last year

2%

2 bedroom

Average rent

$1,250

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$1,600

Last 30 days

No Change

Last year

6%

4 bedroom

Average rent

$2,200

Last 30 days

No Change

Last year

12%

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$1,450
decreased by25%

lower than the national median

Median rent price$1,399
decreased by28%

lower than the national median

Takeaway

The median rent for all rentals in Waco, TX is 4% higher than the median rent in Bellmead, TX.

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 & Services6% lower
Groceries8% lower
Health4% higher
Housing20% lower
Transportation9% lower
UtilitiesNo difference

Discover rentals in Waco, TX

1115 Columbus Ave #DORME - Photo 1 of 1

4d ago

Brazos apartment for rent in Waco

1 bed

1 bath

$400

Apartment for rent

Available Aug 8

1115 Columbus Ave #DORMD - Photo 1 of 1

5d+ ago

Brazos apartment for rent in Waco

Apartment for rent

Available Aug 8

1115 Columbus Ave #DORMB - Photo 1 of 1

5d+ ago

Brazos apartment for rent in Waco

Cozy Unit in Waco | 1115 Columbus Ave | $400/month

1115 Columbus Ave #DORMB, Waco, TX 76701

1 bed

1 bath

$400

Apartment for rent

Available Aug 8

1115 Columbus Ave #DORMA - Photo 1 of 1

5d+ ago

Brazos apartment for rent in Waco

1 bed

1 bath

$400

Apartment for rent

Available Aug 8

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 Waco, TX

Quick answers to common questions about the Waco rental market.

How much is rent in Waco?

The average rent in Waco is $1,450 per month as of August 1, 2026.

Is rent up or down in Waco?

Average rent prices in Waco have increased 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 25% below the national average, which means renters are paying approximately $490 less per month.

Which neighborhoods are most affordable in Waco?

The most affordable neighborhoods in Waco are Brookview ($1,195/mo), Sanger Heights ($1,222/mo), and Richland Hills ($1,275/mo).

What salary do I need to afford rent in Waco?

To comfortably afford rent in Waco, you'd need to earn approximately $58,000/year, based on spending no more than 30% of your income on rent.

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

Based on Zumper's July 2026 data, one-bedroom apartments in Waco average around $1,100/month and two-bedrooms approximately $1,320/month.

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).

Apartments for rent in Bellmead