Median rent for residential apartments in as of Oct, 2019.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
78 Waco apartments for rent
Waco
Waco, TX has a population of 130,659, including 44% white, 33% latino, and 21% black.
| Population | 130,659 |
| Median Age | 28.5 |
| Poverty Rate | 26% |
| Median Income (Household) | $34,099 |
| Number Of Employees | 54,556 |
| Median Property Value | $98,800 |
City Overview
The median household income in Waco, TX is around $34,099, while the median age is 28.5. This city is a home to major universities: Doctoral Universities: Higher Research Activity, Baylor University, and Doctoral Universities. 54,556 employees work in Waco, TX. The homeownership rate among the residents is 45.36%. The median property value that you should keep in mind is $98,800.
Business & Economy
Wage by Common Jobs
Average salary: $34,206
- 1. Elementary & middle school teachers$46,511
- 2. Retail salespersons$40,745
- 3. Secretaries & administrative assistants$36,335
- 4. Nursing, psychiatric, & home health aides$26,757
- 5. Cashiers$20,680
Employment by Occupations
Employment by Industries
Demographics
Race & Ethnicity
Non-English Speakers
Education
Past year Waco, TX universities awarded around 20,007 degrees. Statistics show that the population of students in Waco, TX include 4,251 male students and 4,410 female students. Waco, TX offers private and public tuition with a median cost of $37,996 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Baylor University with the majority of graduates. The Texas State Technical College and McLennan Community College hold the second and the third place respectively. The share of the public colleges in Waco, TX is 78.1% and 21.9% go to the private colleges.
Universities
- 1. Baylor University4,134 graduates
- 2. Texas State Technical College2,988 graduates
- 3. McLennan Community College1,457 graduates
Public vs Private
- Public21.9%
- Private78.1%
Health and Safety
The age groups that most likely have the health care coverage in Waco, TX are 6-17 years old for men and 6-17 years old for women. Waco, TX offers a 68 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 47 to 1, speaking of mental health doctors ratio, it’s 130 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 68 |
| Dentists | 1 to 47 |
| Mental Health | 1 to 130 |
| Other | 1 to 56 |
Transportation
Commute Time
Average travel time: 16.85 minutes
- USA
- Waco, TX
Commuter Transportation
- USA
- Waco, TX
Housing Trends
Waco, TX, USA Housing Trends
Average rent in Waco: $1,091 (+8,308.8%)
| Rent Price | Oct | vs Last Month |
|---|---|---|
| Studio rentals | $148,000 | +0% |
| 1 bed rentals | $1,109 | +28.9% |
| 2 bed rentals | $879 | +11.3% |
| 3 bed rentals | $1,113 | +7.4% |
| 4+ bed rentals | $1,501 | -34.7% |
| Rent Type Price | Oct | vs Last Month |
|---|---|---|
| Apartment rentals | $1,044 | -2.9% |
| Room rentals | $475 | -0.7% |
| Duplex rentals | $1,000 | +0% |
| House rentals | $2,350 | -21.7% |
| Townhouse rentals | $148,000 | +0% |
Over the Nov 2019, the average rent for an apartment in/near Waco, TX decreased by 83% to $1091. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 29% to $1109. Pricing for 2-bed apartment also increased by 11% and a place of this size will now cost you $879. 3-bed apartment rent pricing starts at $1113, it increased by 7% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 35% and made it down to $1501.
The median rent for an apartment in Waco, TX decreased by 3% to $1044. Statistics show that house rent price decreased by 22% this month making it up to $2350. An average duplex is now available for $1000, cause median rent for a duplex remains the same this month. An average room will now go for $478, the median rent price for a room decreased by 1%.
Rent vs Own
- Rent45%
- Own55%
View City Information