Median rent for residential apartments in Waco, TX as of Jan, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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65 Waco, TX, USA apartments for rent
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Waco
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 |
Housing Trends
How much is an apartment in Waco, TX, USA
Average apartment rent in Waco: $1,546 (+0%)
| 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.
Rent vs Own
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