Move In Special. First Months Rent Free. Welcome home to this charming 3 bedroom, 1 bathroom single-family unit in the heart of Waco, TX. This cozy property features a refrigerator, oven, central A/C, laminate flooring, forced air heating, off-street parking, and a spacious lawn. With washer/dryer hookups and a convenient location, this home is perfect for those looking for comfort and convenience. Amenities: Range/Oven.
6+ months on RentalSource
RentalSource last checked: 12 hours ago · Listing updated: October 25, 2026
This 3-bedroom, 1-bathroom house at 507 Dunbar Ave in Waco, TX 76704 rents for $1,300 a month. It has 852 square feet. 507 Dunbar Ave was advertised by Compass Property Services 6+ months ago.
How the Rent Compares
At $1,300 a month, this house is below the typical rent for 3-bedroom houses and townhouses in Waco (about $1,700).
Typical $1,700This home $1,300
$2,080
From 83 three-bedroom houses and townhouses listed in Waco on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,700Typical rent for 3-bedroom houses and townhouses in Waco
The rent has dropped twice since it was listed 6+ months ago, from $1,550 to $1,300. This home was last listed for rent on RentalSource from July 2025 to February 2026, ending at $1,600. Today's rent is $300 lower.
Rent history for this home, newest first
Date
Event
Rent
Change
July 7, 2026
Price change
$1,300−10.3%
−10.3%
May 9, 2026
Price change
$1,450−6.5%
−6.5%
April 2, 2026
Listed for rent
$1,550−3.1%
−3.1%
February 18, 2026
Listing removed
$1,600
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 507 Dunbar Ave?
Bedrooms
3 bedrooms
30%
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$52,000 /year
With your chosen rent-to-income ratio, an annual income of $52,000 is recommended to comfortably afford this 3-bedroom rental priced at $1,300 per month.