What's the average rent in Waco, TX?

Rental Market Trends in Waco, TX

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Waco, TX is $1,481 per month, which is 25% lower than the national average rent of $1,962 per month.

AVERAGE RENT

$1,481

-1.3%-$19 decrease month-over-month

0.7%$11 increase year-over-year

AVAILABLE RENTALS

364

APARTMENTS

$1,417

HOUSES

$1,600

TOWNHOUSES

$1,042

As of August 2026, townhomes are the most affordable rental option in Waco, TX at $1,042 per month, while houses are the most expensive at $1,600 per month. Apartments average $1,417 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,033
2 Bedrooms	$1,250
3 Bedrooms	$1,600
4 Bedrooms	$1,895
All	$1,450

As of August 2026, the average rent for a 1 bedroom rental in Waco, TX is $1,033 per month, followed by $1,250 for a 2 bedroom rental, $1,600 for a 3 bedroom rental, and $1,895 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,100
3 Bedrooms	$1,450
4 Bedrooms	$499
All	$1,042

As of August 2026, the average rent for a 2 bedroom townhome in Waco, TX is $1,100 per month, followed by $1,450 for a 3 bedroom townhome, and $499 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$885
2 Bedrooms	$1,295
3 Bedrooms	$1,575
4 Bedrooms	$2,200
All	$1,400

As of August 2026, the average rent for a 1 bedroom apartment in Waco, TX is $885 per month, followed by $1,295 for a 2 bedroom apartment, $1,575 for a 3 bedroom apartment, and $2,200 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$800
2 Bedrooms	$1,250
3 Bedrooms	$1,695
4 Bedrooms	$2,100
All	$1,600

As of August 2026, the average rent for a 1 bedroom house in Waco, TX is $800 per month, followed by $1,250 for a 2 bedroom house, $1,695 for a 3 bedroom house, and $2,100 for a 4 bedroom house.