Average Rent in Waco, TX

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Current Versus Historical Waco, TX Rents

Waco rentals average $1,474 for a 1-bedroom rental to $2,625 for a 4-bedroom rental. The median price of all currently available listings is $1,725, or roughly $16 per square feet.

For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $4,501 (163.65%) year-over-year from $2,751 to $7,252. 1-bedroom rentals prices have increased by $416 (39.25%) year-over-year from $1,059 to $1,474. 2-bedroom rentals prices have increased by $238 (22.45%) year-over-year from $1,062 to $1,300. 3-bedroom rentals prices have increased by $288 (19.07%) year-over-year from $1,512 to $1,800. 4-bedroom rentals prices have decreased by $623 (-19.19%) year-over-year from $3,248 to $2,625. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 22.87% this month. 2-bedroom rents have gone down by 2.44% this month. 3-bedroom rents have gone up by 5.37% this month. 4-bedroom rents have gone down by 8.08% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$25.16	$1,474	$1,059 (39.25%)	$805 (83.11%)
2 BR	$15.35	$1,300	$1,062 (22.45%)	$1,132 (14.87%)
3 BR	$15.53	$1,800	$1,512 (19.07%)	$1,632 (10.32%)
4+ BR	$15.20	$2,625	$3,248 (-19.19%)	$1,988 (32.02%)

Historical Rents in Waco, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Waco

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Waco

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Waco

There are a total of 1 counties located by Waco, TX. One county in the area is Waco, TX. The average rent for rentals in these counties is $1,800. That's roughly around $16 per sqft. The county that is the most affordable is Waco, TX. Its average rent per month is $1,800. Vice versa, with an average rent of $1,800, Waco, TX is the most expensive county by Waco, TX.

In comparison, rent for one bedroom listings in Waco, TX is 8.45% more expensive than other counties nearby. Finally, rent for two bedrooms in Waco, TX is on par with the other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Waco, TX	N/A	$1,350	$1,325	$1,800

Top Zipcodes Near Waco

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Waco Average Rents

What is the average rent price in Waco, TX?

The average monthly rental price for Waco, TX apartments for rent is approximately $1,725. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Waco, TX rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Waco, TX.

How much is a one bedroom apartment in Waco, TX?

The average monthly rental price for one bedroom apartments is $1,474 and an average price per square feet of $25.16. There are a total of 7 one bedroom apartment listings currently available for rent in Waco.

How much is a two bedroom apartment in Waco, TX?

The average monthly rental price for two bedroom apartments is $1,325 and an average price per square feet of $15.35. There are a total of 12 two bedroom apartment listings currently available for rent in Waco.

How have rent prices in Waco, TX changed this year?

Rent prices for rentals in Waco, TX can fluctuate yearly. Specifically, studio rental prices have changed by 1.64%, one bedroom rental prices have changed by 0.39%, two bedroom rental prices have changed by 0.22%, three bedroom rental prices have changed by 0.19% year-over-year.

What is a reasonable rent price in Waco, TX?

A reasonable rent price in Waco, TX is around $1,380/month. You can search for these reasonably priced rental listings on RentHop.