Average Rent in Waco, TX and Rent Price Trends

Rent price trends in
Waco, TX

Rent price trends

Rent prices for all bedroom counts and property types in Waco, TX have remained the same in the last month and have increased by 7% in the last year.

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

Rent comparables in
Waco, TX
The monthly rent for an apartment in Waco, TX is $1,349. A 1-bedroom apartment in Waco, TX costs about $1,095 on average, while a 2-bedroom apartment is $1,336. Houses for rent in Waco, TX are more expensive, with an average monthly cost of $1,695.


1 bedroom	$1,050	3%	3%
2 bedroom	$1,250	No Change	4%
3 bedroom	$1,695	2%	8%
4 bedroom	$2,300	11%	4%
Studio	$1,371	5%	57%

		Comparables
Alta Vista	$1,400
Austin Avenue	$1,145
Baylor	$1,400
Brazos	$1,592
Kendrick	$1,522
North Lake Waco	$1,695
North Waco	$1,400
Oakwood	$2,200
Richland Hills	$1,250
West Waco	$1,360


Apartments	$1,349	No Change	No Change
Condos	$1,385	1%	No Change
Houses	$1,695	3%	No Change
Rooms	$1,698	68%	-

Studio

Average rent

$1,371

Last 30 days

Last year

57%

1 bedroom

Average rent

$1,050

Last 30 days

Last year

2 bedroom

Average rent

$1,250

Last 30 days

No Change

Last year

3 bedroom

Average rent

$1,695

Last 30 days

Last year

4 bedroom

Average rent

$2,300

Last 30 days

11%

Last year

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.

Compare rent prices in Waco, TX to other cities

Median rent prices in Waco, TX for all bedroom counts and property types compared to Bellmead, TX.

Waco

Median rent price$1,492

23%

lower than the national median

Median rent price$1,567

19%

lower than the national median

Takeaway

The median rent for all rentals in Waco, TX is 5% lower than the median rent in Bellmead, TX.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Bellmead

$1,567

10%

Last year

Bryan

$1,567

10%

Last year

Harker Heights

$1,450

Last year

Hewitt

$1,595

20%

Last year

Killeen

$1,250

Last year

Lacy Lakeview

$1,247

15%

Last year

Lorena

$1,972

Last year

Mcgregor

$1,525

37%

Last year

Robinson

$1,450

12%

Last year

Temple

$1,550

11%

Last year

West

$1,495

96%

Last year

Woodway

$2,125

20%

Last year

Cost of living in
Waco, TX

The overall cost of living in Waco, TX is 8% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.