Waco, TX Rental Market Trends
What is the average rent in Waco?
The average rent for an apartment in Waco is $1,330. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Waco, TX
Last updated October 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,330 | 871 sq. ft. |
What is the average apartment size in Waco?
The average size for a Waco, TX apartment is 871 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Waco, TX apartment rent ranges
Waco, TX Occupied Housing Units
27,557 or 53% of the households in Waco, TX are renter-occupied while 24,699 or 47% are owner-occupied.
Waco, TX rent trends
Average Rent in Waco, TX By Neighborhood
| City | Average Rent |
|---|---|
| Brazos | $1,683 |
| Alta Vista | $1,677 |
| Baylor | $1,677 |
| Oakwood | $1,677 |
| Robinson | $1,677 |
| University | $1,631 |
| Sanger-Heights | $1,494 |
| Beverly Hills | $1,425 |
| Kendrick | $1,133 |
| Brook Oaks | $1,080 |
| Dean Highland | $1,080 |
| Austin Ave | $1,079 |
| Cedar Ridge | $1,059 |
| North Lake Waco | $1,059 |
| North Waco | $1,059 |
| Rock Creek | $1,059 |
| Brookview-Heart of Texas | $1,047 |
| Landon Branch | $1,045 |
| Mountainview | $1,041 |
| Richland Hills | $1,041 |
| Ridgewood Country Club | $1,041 |
| Bellmead | $1,024 |
| Chalk Bluff | $1,024 |
| Gholson | $1,024 |
| Hallsburg | $1,024 |
| Lacy-Lakeview | $1,024 |
| Rogers Hill | $1,024 |
| Technology Village | $1,024 |
| Timbercrest | $1,024 |
| Carver | $1,019 |
| East Riverside | $1,008 |
/
/
What are the most affordable neighborhoods in Waco?
The most affordable neighborhoods in Waco are East Riverside, where the average rent goes for $1,008/month, Carver, where renters pay $1,019/mo on average, and Bellmead, where the average rent goes for $1,024/mo. If you’re looking for other great deals, check out the listings from Chalk Bluff ($1,024), Gholson ($1,024), and Hallsburg ($1,024), where the asking prices are below the average Waco rent of $1,330/mo.
What are the most expensive neighborhoods in Waco?
The most expensive neighborhoods in Waco are Oakwood ($1,677), Robinson ($1,677) and Brazos ($1,683).
What are the most popular neighborhoods in Waco?
The most popular neighborhood in Waco is Kendrick, where there are 3 listings with an average rent of $1,133. Next up is Alta Vista, where apartments go for $1,677/month, followed by Brazos with $1,683 If you’re looking to rent in Waco’s most popular neighborhoods, make sure to also check out Richland Hills, where renters pay $1,041 on average, and Austin Ave, where the average monthly rent is $1,079.
Waco | Rent Comparison by Neighborhood
Rent in Alta Vista is 55% higher than in Austin Ave
$1,677
Alta Vista rent is 26% higher than Waco average
Average Rent
$1,677
$1,079
Austin Ave rent is 19% lower than Waco average
Average Rent
$1,079
How Waco Compares to Other Cities
What is the average price for a storage unit in Waco?
The average rent for a non-climate-controlled 10'x10' storage unit in Waco is $89.5. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Waco
2201 Creekview
2201 Creekview Dr, Waco, TX 76711| 1 BED | $1,339+ |
| 2 BEDS | $1,660+ |
| 3 BEDS | $2,095+ |
Abbey Glenn Apartments
700 S 4Th St, Waco, TX 76706| 1 BED | $1,175+ |
| 2 BEDS | $1,275+ |
| 3 BEDS | $1,375 |
The Residence At CTM
5210 Bagby Avenue, Waco, TX 76711| 1 BED | $1,106+ |
| 2 BEDS | $1,309+ |
| 3 BEDS | $1,596+ |
The Edmond
5817 Edmond Ave, Waco, TX 76710| STUDIO | N/A |
| 1 BED | $1,080 |
| 2+ BEDS | $1,145 |