Rental prices in Oakwood, Waco, McLennan County, TX have decreased by 2.16% over the past year. The average rent moved from $2,250 to $2,201.
Check out the average rent in Waco.
The national average price of rental apartments is $1,750, while the average monthly rent in Oakwood, Waco, McLennan County, TX is $2,201.
The average monthly rent for an apartment in Oakwood, Waco, McLennan County, TX is around $2,201.
A share of 14% of apartments in Oakwood, Waco, McLennan County, TX have the cheapest rents between $1,001-$1,500. Around 33% of rentals are $2,501-$3,000. Around 37% of Oakwood's apartments have monthly rents between $1,501-$2,000. There are 10% of apartments with rents between $2,001-$2,500. A share of 7% of apartment rentals in Waco are in the > $3,000 range.
The largest share of rentals in Oakwood, Waco, McLennan County, TX (37%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in Oakwood, Waco, McLennan County, TX were last updated on 17 Nov 2025.
The best apartments in Oakwood, Waco, McLennan County, TX are: 331 French Ave and 2516 Pascal Ct, Unit Unit A.
The average rent in Oakwood, Waco, McLennan County, TX is $1,677.
In Oakwood 61% of the housing is rented out compared to 39% of homes are owned, according to the most recent Census Bureau estimates. 18% of Oakwood’s apartments are found in large buildings of 50 units or more, 62% are located in smaller apartment complexes with less than 50 units, and 19% are single-family rentals.
In total, Oakwood, Waco, McLennan County, TX has 40,668 residents, 20,296 women and 20,372 men, per U.S. Census recent estimates. Statistics show that the median age of Oakwood’s population is 23.
There is a total of 14,489 households in Oakwood, Waco, McLennan County, TX. Of these, 4,048 have children and 10,441 are without children. Per Census Bureau’s most current estimates, 7,374 family households and 7,115 non-family households live in this area. The size of a household in Oakwood is 2 people, on average. The median household annual income in Oakwood equals $42,277, and the monthly housing costs equal $1,012.
According to data from the U.S. Census Bureau, 4% of the population in Oakwood, Waco, McLennan County, TX have no high school education, 35% went to high-school, and 37% have partially completed college. Moreover, 7% of the population hold an Associate Degree, 12% hold a Bachelor Degree, and 6% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in Oakwood, Waco, McLennan County, TX. Easily search through a wide selection of apartments for rent in Oakwood, Waco, McLennan County, TX, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Oakwood, Waco, McLennan County, TX apartments with rents starting from $1,050 and submit your rental application today!
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