What's the average rent in Waco, TX?

Rental Market Trends in Waco, TX

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Waco, TX is $1,495 per month, which is 23% lower than the national average rent of $1,930 per month.

AVERAGE RENT

$1,495

-0.3%-$5 decrease month-over-month

-0.3%-$5 decrease year-over-year

AVAILABLE RENTALS

363

APARTMENTS

$1,478

HOUSES

$1,647

TOWNHOUSES

$1,500

As of May 2026, apartments are the most affordable rental option in Waco, TX at $1,478 per month, while houses are the most expensive at $1,647 per month. Townhomes average $1,500 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,013
2 Bedrooms	$1,256
3 Bedrooms	$1,650
4 Bedrooms	$2,183
All	$1,495

As of May 2026, the average rent for a 1 bedroom rental in Waco, TX is $1,013 per month, followed by $1,256 for a 2 bedroom rental, $1,650 for a 3 bedroom rental, and $2,183 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$690
2 Bedrooms	$1,300
3 Bedrooms	$1,650
4 Bedrooms	$2,100
All	$1,700

As of May 2026, the average rent for a 1 bedroom townhome in Waco, TX is $690 per month, followed by $1,300 for a 2 bedroom townhome, $1,650 for a 3 bedroom townhome, and $2,100 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$1,200
3 Bedrooms	$1,728
4 Bedrooms	$2,391
All	$1,450

As of May 2026, the average rent for a 1 bedroom apartment in Waco, TX is $1,000 per month, followed by $1,200 for a 2 bedroom apartment, $1,728 for a 3 bedroom apartment, and $2,391 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$895
2 Bedrooms	$1,295
3 Bedrooms	$1,695
4 Bedrooms	$2,200
All	$1,550

As of May 2026, the average rent for a 1 bedroom house in Waco, TX is $895 per month, followed by $1,295 for a 2 bedroom house, $1,695 for a 3 bedroom house, and $2,200 for a 4 bedroom house.