Lacy-Lakeview, Waco, TX Rental Market Trends
Last updated: April 27, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lacy-Lakeview is $990, a 3.28% decrease compared to the previous year, when the average rent was $1,024.
One-bedroom apartments provide 558 square feet for $914, balancing privacy and affordability.
Two-beedroom units at $1,146 offer 852 square feet, perfect for roommates or small families.
Average rent in Lacy-Lakeview, Waco, TX
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $990 | 655 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $914 | 558 sq. ft. |
| 2 Beds | $1,146 | 852 sq. ft. |
| 3 Beds | n/a | n/a |
Lacy-Lakeview, Waco, TX rent trends
Rental prices in Lacy-Lakeview, Waco, TX have decreased by 3.28% over the past year. The average rent moved from $1,024 to $990.
What's the typical rent budget in Lacy-Lakeview, Waco, TX?
The largest share of rentals in Lacy-Lakeview, Waco, TX (67%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lacy-Lakeview, Waco, TX?
161 or 39% of the households in Lacy-Lakeview, Waco, TX are renter-occupied while 257 or 61% are owner-occupied.
Most affordable neighborhoods in Lacy-Lakeview?
Brookview-Heart of Texas $962/month
Lacy-Lakeview $990/month
Carver $993/month
All of these neighborhoods fall below the city wide average of $1,361/month.Most expensive neighborhoods in Lacy-Lakeview?
Kendrick $1,474/month
Brazos $1,643/month
Oakwood $2,195/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Waco, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Oakwood | $2,195 |
| Brazos | $1,643 |
| Kendrick | $1,474 |
| Alta Vista | $1,319 |
| Richland Hills | $1,070 |
| Carver | $993 |
| Lacy-Lakeview | $990 |
| Brookview-Heart of Texas | $962 |
Waco | Rent Comparison by Neighborhood
Rent in Lacy-Lakeview is 25% lower than in Alta Vista
Lacy-Lakeview rent is the same as Waco average
Alta Vista rent is 33% higher than Waco average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lacy-Lakeview apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.