What's the average rent in Waco, TX?

Rental Market Trends in Waco, TX

SOURCE: TRULIA DATA

Rental market highlights

As of October 2026, the average rent in Waco, TX is $1,495 per month, which is 23% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,495
3.1%
$45 increase month-over-month
0.0%
No change year over year

AVAILABLE RENTALS

361

APARTMENTS

$1,353

HOUSES

$1,750

TOWNHOUSES

$1,375
As of October 2026, apartments are the most affordable rental option in Waco, TX at $1,353 per month, while houses are the most expensive at $1,750 per month. Townhomes average $1,375 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,000
2 Bedrooms$1,219
3 Bedrooms$1,700
4 Bedrooms$1,895
All$1,495
As of October 2026, the average rent for a 1 bedroom rental in Waco, TX is $1,000 per month, followed by $1,219 for a 2 bedroom rental, $1,700 for a 3 bedroom rental, and $1,895 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -2% compared to the previous year, which is a $26 decrease.
This year (2026)
Last year (2025)

Rent distribution

41% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $475 to $6,000.
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