Average Rent in Waco, TX
4 apartment buildings, 20 units. Real asking prices, refreshed daily.
Avg Rent
$1,260/mo
market average
Cheapest
$750/mo
Waco Loft Living
Properties
4
tracked daily
Units
20
available now
Waco, TX Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 4 properties in Waco, TX.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Waco, TX Rent Prices
All 4 properties ranked by lowest available rent.
Waco Loft Living
219 S 4th St #102, Waco, TX 76701, USA
The Bruin
1300 S 11th St, Waco, TX 76706, USA
The Cove on 21st
2425 S 21st St, Waco, TX 76706, USA
Bend at New Road
3000 S New Rd, Waco, TX 76706, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Waco Loft Living 219 S 4th St #102, Waco, TX 76701, USA | $750 | $1,134 | $1.24 | 4.2 (18) | 11 |
| 2 | The Bruin 1300 S 11th St, Waco, TX 76706, USA | $1,128 | $1,161 | $4.64 | 3.5 (87) | 2 |
| 3 | The Cove on 21st 2425 S 21st St, Waco, TX 76706, USA | $1,225 | $1,225 | $1.23 | 4.1 (262) | 1 |
| 4 | Bend at New Road 3000 S New Rd, Waco, TX 76706, USA | $1,259 | $1,529 | $3.63 | 4.7 (114) | 6 |
Explore Each Property
Waco Loft Living
4.2 (18)219 S 4th St #102, Waco, TX 76701, USA
The Bruin
3.5 (87)1300 S 11th St, Waco, TX 76706, USA
The Cove on 21st
4.1 (262)2425 S 21st St, Waco, TX 76706, USA
Bend at New Road
4.7 (114)3000 S New Rd, Waco, TX 76706, USA
Waco, TX Average Rent Prices 2026
The average rent in Waco, TX is $1,260 per month, based on 20 units across 4 apartment communities. Prices range from $750 at Waco Loft Living to $1,259 at Bend at New Road.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $904/mo | $750/mo | 10 |
| 2 Bed | $1,423/mo | $825/mo | 6 |
| 3 Bed | $1,556/mo | $1,194/mo | 3 |
| 4 Bed | $2,950/mo | $2,950/mo | 1 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Waco, TX, and what they pay
Tracked one-bedroom rent in Waco, TX averages $904/mo, with two-bedroom units averaging $1,423/mo. At the local median household income of $51,468, that works out to 29% of gross income, near the 30 percent affordability ceiling.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Waco, TX at $1,098/mo. The current tracked market average runs 15% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Waco, TX while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Waco, TX?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$50,000/year
Based on the 30 percent rule, using our tracked average rent of $1,260/mo.
Comfortable income
$60,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($750/mo), you need to earn at least $30,000/year.
Median household income in Waco, TX is $51,468 , about 15% below the comfortable-living threshold.
Cost of living in Waco, TX
Overall prices in Waco, TX runs below the national average by about 9% (BEA Regional Price Parity index 91.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Waco, TX's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,260 |
| Utilities | $333 |
| Groceries | $502 |
| Transportation | $793 |
| Healthcare | $387 |
| Other goods and services | $619 |
| Estimated total | $3,893/mo |
Population
141,925
Median household income
$51,468
Census median rent
$1,098/mo
Rent as % of income
34.0%
Median age
29.2
Mean commute
18 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Texas
How Waco, TX rent compares to other markets in the state.
| City | Avg Rent | vs Waco, TX | Properties |
|---|---|---|---|
| Addison, TX | $1,617 | +28% | 313 |
| Austin, TX | $2,027 | +61% | 188 |
| Dallas, TX | $1,834 | +46% | 162 |
| Houston, TX | $2,259 | +79% | 75 |
| Lewisville, TX | $1,583 | +26% | 54 |
| Arlington, TX | $1,408 | +12% | 54 |
Frequently asked questions
What is the average rent in Waco, TX?
The average rent in Waco, TX is $1,260 per month, based on 20 units across 4 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Waco, TX?
The lowest available rent in Waco, TX starts at $750 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Waco, TX?
1-bedroom apartments in Waco, TX average $904/mo. The lowest listed 1-bedroom starts at $750/mo across 10 units tracked.
How much is a 2-bedroom apartment in Waco, TX?
2-bedroom apartments in Waco, TX average $1,423/mo. Units start from $825/mo across 6 units currently listed.
Rent Trends in Waco, TX
Track how apartment prices are changing over time.
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