What's the average rent in Waco, TX?

Rental Market Trends in Waco, TX

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Waco, TX is $1,495 per month, which is 24% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,495

-0.3%-$4 decrease month-over-month

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

AVAILABLE RENTALS

359

APARTMENTS

$1,292

HOUSES

$1,650

TOWNHOUSES

$1,717

As of July 2026, apartments are the most affordable rental option in Waco, TX at $1,292 per month, while townhomes are the most expensive at $1,717 per month. Houses average $1,650 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,005
2 Bedrooms	$1,267
3 Bedrooms	$1,650
4 Bedrooms	$2,100
All	$1,495

As of July 2026, the average rent for a 1 bedroom rental in Waco, TX is $1,005 per month, followed by $1,267 for a 2 bedroom rental, $1,650 for a 3 bedroom rental, and $2,100 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,575
3 Bedrooms	$1,717
4 Bedrooms	$1,950
All	$1,717

As of July 2026, the average rent for a 2 bedroom townhome in Waco, TX is $1,575 per month, followed by $1,717 for a 3 bedroom townhome, and $1,950 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,200
3 Bedrooms	$1,800
4 Bedrooms	$2,100
All	$1,350

As of July 2026, the average rent for a 1 bedroom apartment in Waco, TX is $900 per month, followed by $1,200 for a 2 bedroom apartment, $1,800 for a 3 bedroom apartment, and $2,100 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,100
2 Bedrooms	$1,295
3 Bedrooms	$1,650
4 Bedrooms	$2,300
All	$1,650

As of July 2026, the average rent for a 1 bedroom house in Waco, TX is $1,100 per month, followed by $1,295 for a 2 bedroom house, $1,650 for a 3 bedroom house, and $2,300 for a 4 bedroom house.