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Average Rent in Waco, TX & Rent Trends

What is the average rent in Waco, TX?

The average listed apartment rent in Waco, TX is $1,056 per month, as of October 24, 2026. This sample includes 36 priced apartments in 8 buildings. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 8 apartment communities in Waco, TX. Prices update after successful source checks.

Beds All Bedrooms 1 Bed 2 Bed 3 Bed 4 Bed

Showing any bedrooms in Waco, TX.

Market Average

$1,056/mo

▼ 12.1% from last month

Lowest Available

$414/mo

cheapest unit on market

Communities

8

tracked daily

Units Listed

36

available now

Rent Watch: cuts and increases

Open Rent Watch →

0 cuts and 0 increases among 13 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Waco, TX

Compare average rent across Waco, TX neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Waco 76706 $1,236 ▼  $124 $414 4 21
Heart of Texas $927 - $865 3 9
Kendrick $619 - $509 1 6

Is Rent Going Up or Down in Waco, TX?

As of October 2026, the average rent in Waco, TX is $1,056 per month across 8 apartment communities and 36 available units. Rents have decreased $145 (12.1%) over the past month.

The most affordable option is Costa Esmeralda starting at $414/mo. By unit type, a 1-bedroom averages $1,057/mo, a 2-bedroom averages $1,431/mo, a 3-bedroom averages $994/mo, a 4-bedroom averages $948/mo.

Prices range from $414 to $1,899 per month. The most common price point is the $800 range, where 12 units are currently listed.

Waco, TX Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
August 2026 $1,045 - 5
October 2026 $919 -$126 5

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Waco, TX

1 Bed
$1,057
from $414 · 17 units
2 Bed
$1,431
from $492 · 8 units
3 Bed
$994
from $568 · 3 units
4 Bed
$948
from $621 · 2 units

Rent Prices by Apartment in Waco, TX

Property Starting at Average Units Rating
Costa Esmeralda $414/mo $524/mo 4 3.8
Southwind Apartments $509/mo $619/mo 6 3.7
Prime 1800 Apartments $850/mo $1,161/mo 5 4.6
Car Mel Apartments $865/mo $915/mo 6 3.9
The Cove on 21st $899/mo $1,139/mo 3 4.1
Casa West Apartments $950/mo $950/mo 1 3.3
Oakridge Apartments $950/mo $950/mo 2 3.5

Frequently Asked Questions About Rent in Waco, TX

How many bedrooms are you looking for?

How many bedrooms are you looking for?

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Any bedrooms

What is the average rent in Waco, TX?
The average listed apartment rent in Waco, TX is $1,056 per month, as of October 24, 2026. This sample includes 36 priced apartments in 8 buildings. These are tracked asking prices, not signed leases.

What rent range can I find in Waco, TX?
The apartment listings we track in Waco, TX range from $414 to $1,899 per month, as of October 24, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Waco, TX?
There is not enough comparable history to report a reliable 30-day rent change for apartment listings in Waco, TX. Missing dates or a change in the buildings we track can prevent a comparison. Missing history does not mean rents stayed flat.

How much is a 1-bedroom apartment in Waco, TX?
1-bedroom apartments average $1,057 per month across 17 priced listings in Waco, TX. Listed rents range from $414 to $1,589 per month, as of October 24, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in Waco, TX?
2-bedroom apartments average $1,431 per month across 8 priced listings in Waco, TX. Listed rents range from $492 to $1,899 per month, as of October 24, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 3-bedroom apartment in Waco, TX?
3-bedroom apartments average $994 per month across 3 priced listings in Waco, TX. Listed rents range from $568 to $1,264 per month, as of October 24, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 4-bedroom apartment in Waco, TX?
4-bedroom apartments average $948 per month across 2 priced listings in Waco, TX. Listed rents range from $621 to $1,275 per month, as of October 24, 2026. Compare apartments with similar floor plans and lease terms.

How do 1-bedroom and 2-bedroom rents compare in Waco, TX?
The 1-bedroom average is $1,057 per month across 17 listings. The 2-bedroom average is $1,431 across 8 listings, $374 (35.4%) higher. This is a comparison of listing groups, not the cost to upgrade a specific apartment.

Which tracked building has the lowest starting rent in Waco, TX?
Costa Esmeralda has the lowest starting rent among the buildings in the comparison table, at $414 per month. We track 4 priced listings matching your bedroom choice in that building, as of October 24, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Waco, TX?
The $800 to $1,000 monthly range has the most matching listings: 12 units, or 33.3% of the priced apartments we track in Waco, TX. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Waco, TX?
We track 36 priced units at 8 apartment buildings, as of October 24, 2026. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for Waco, TX?
We have recorded rent data on 2 days from August 2026 through October 2026 for apartment listings in Waco, TX. Some dates can be missing. The chart only shows recorded data. The current month includes the days recorded so far.

Why can the headline rent differ from the trend chart in Waco, TX?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. The active community exclusions are Student housing and 55+ / senior community and Corporate housing and Military / active duty housing and Veteran housing. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Waco, TX rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was October 24, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

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

$42,000/year

Based on the 30 percent rule, using our tracked average rent of $1,056/mo.

Comfortable income

$51,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($414/mo), you need to earn at least $17,000/year.

Median household income in Waco, TX is $51,468 , about 2% above the comfortable-living threshold.

Explore Waco, TX Apartments

Browse all 8 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

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) $1,056
Utilities $333
Groceries $502
Transportation $793
Healthcare $387
Other goods and services $619
Estimated total $3,689/mo

Population

141,925

Median household income

$51,468

Census median rent

$1,098/mo

Census rent burden

34.0%

Median age

29.2

Mean commute

18 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

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

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

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.
Texas Rent Trends
Compare rent across all Texas cities
Explore Waco, TX on Map
See neighborhoods and rent data interactively
US-wide rent comparison
See how Waco, TX rents stack up against the national median

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