Waco, TX has a population of 131,996, while the median age is 29. The household income in Waco, TX is around $36,004. The homeownership rate among the residents is 45%. The median residential property value in Waco, TX that you should keep in mind is $107,700.
Population | 131,996 |
Median Age | 28.6 |
Poverty Rate | 27% |
Household Income | $36,004 |
Number Of Employees | 57,866 |
Median Property Value | $107,700 |
Rent Price | Jan | vs Last Month |
---|---|---|
Studio apartments | $1,850 | N/A |
1-bed apartments | $2,100 | +60.1% |
2-bed apartments | $1,469 | -8.8% |
3-bed apartments | $1,490 | -1.6% |
4+ bed apartments | $1,700 | -32% |
Over the Jan 2023, the average rent for an apartment in/near Waco, TX increased by 0% to $1,546.
The average price for a rental studio in Waco, TX has remained the same as last month and equals $1,850. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 60.1% to $2,100. Pricing for 2-bed apartment also decreased by 8.8% and a place of this size will now cost you $1,469. 3-bed apartment rent pricing starts at $1,490, it decreased by 1.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 32% and made it down to $1,700.
Rent Type Price | Jan | vs Last Month |
---|---|---|
Condos for rent | $1,295 | -13.4% |
Apartments for rent | $1,788 | +20.4% |
Houses for rent | $1,498 | -7.8% |
Townhouses for rent | $1,475 | N/A |
The median rent for an apartment in Waco, TX increased by 20.4% to $1,788. Statistics show that house rent price decreased by 7.8% this month making it up to $1,498. Condos faced an upward trend these days. The median rent for a condo decreased by 13.4%, it’s now available for $1,295. Townhouse rent pricing didn’t change, the price still starts at $1,475.