Last updated on October 31, 2026

Average rent in
Waco, TX

Key takeaways for renters

  • Where Waco rent stands today

    Waco, TX rent rose modestly year over year, with a current median of $1,497/month. Renters are paying $17 more per month on average than last year, a modest increase in the market.

  • Waco is 21.2% more affordable than the $1,900/month national median, providing a more accessible market for renters. The city has 318 total rentals available across various property types.

  • Price ranges

    Studio rents in Waco are about $1,470/month, 1-bedrooms $1,095/month, and 4+ bedrooms reach $1,998/month. These bedroom tiers represent the range of rents available for different household sizes in the city.

  • Neighborhood spotlight

    Mountainview rents rose 138.4% year over year to $1,895/month, contrasting with the citywide modest increase. Twin River Golf Club saw a decline of 45.1% to $1,700/month, showing significant local variation in Waco's rental market.

Median rent

Median rent in Waco

$1,497/mo

increased by1%

vs previous year

The average rent in Waco is $1,497 per month as of October 2026. This is 21% below the national average rent, or $403 less per month.

$1.29

average price per square foot

Total rentals

Available rentals in Waco

318

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Waco rentals at each price point

50%38%25%13%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 remained the same over the last month and have increased by 1% 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 $1,350, whereas a house costs $1,585. 1-bedroom apartments in Waco run $1,022 on average, while 2-bedroom apartments are $1,287.

Listings

Studio

$1,470

No Change

7%

1 bedroom

$1,095

1%

4%

2 bedroom

$1,275

No Change

2%

3 bedroom

$1,695

No Change

No Change

4 bedroom

$1,997

No Change

9%

Studio

Average rent

$1,470

Last year

7%

1 bedroom

Average rent

$1,095

Last 30 days

1%

Last year

4%

2 bedroom

Average rent

$1,275

Last year

2%

3 bedroom

Average rent

$1,695

4 bedroom

Average rent

$1,997

Last year

9%

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$1,497
decreased by21%

lower than the national median

Median rent price$1,585
decreased by17%

lower than the national median

Takeaway

The median rent for all rentals in Waco, TX is 6% lower 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
Health1% higher
Housing21% lower
Transportation7% lower
Utilities1% lower

Discover rentals in Waco, TX

2001 Franklin Ave #4 - Photo 1 of 1

5d+ ago

Austin Avenue house for rent in Waco

2001 FRANKLIN AVE - SUITE 5 - OFFICE SPACE

2001 Franklin Ave #4, Waco, TX 76701

Studio

0 baths

$300

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Bear Crossing - Photo 1 of 1

2d ago

8.2

Very good

Bear Crossing

2406 S University Parks Dr, Waco, TX 76706

1–4 beds

1–4 baths

$425–$1,700

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Colorful Modern 4/4 Townhomes in the Baylor Bubble! - Photo 1 of 1

4d ago

7.8

Very good

1 bed

1 bath

$475

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
The Arbors - Photo 1 of 1

1d ago

6.5

Good

The Arbors

1825 S 3rd St, Waco, TX 76706

2 beds

2 baths

$525

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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 $1,497 per month as of October 24, 2026.

Is rent up or down in Waco?

Average rent prices in Waco have remained the same over the last month and have increased by 1% since last year.

How does Waco rent compare to the national average?

Rent in Waco is 21% below the national average, which means renters are paying approximately $403 less per month.

Which neighborhoods are most affordable in Waco?

The most affordable neighborhoods in Waco are North Waco ($1,272/mo), Heart Of Texas ($1,350/mo), and Richland Hills ($1,400/mo).

What salary do I need to afford rent in Waco?

To comfortably afford rent in Waco, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

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

February offers the lowest rents in Waco with about a 3.5% difference from peak September prices, while November sees less overall demand making it another good time to search.

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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