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Homes & Apartments for Rent in Waco, TX

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What to Know About

Life in Waco & Beyond

Waco shares many of the great qualities that make Texas a desirable place to live.

Texas is a state known for its rich history, diverse culture, and abundant natural beauty. Learn the history and tradition of this place by visiting iconic sites like the Alamo, San Jacinto Monument, and the Texas State Capitol. Texas is also home to top-notch universities like the University of Texas at Austin, Texas A&M University, and Rice University. In addition, a blend of the energy, technology, and agriculture industries sustains a robust economy in Texas.

Texas offers a range of adventures, from scenic drives in the Hill Country to the beautiful beaches of South Padre Island. Sports fans can enjoy the Dallas Cowboys (NFL), Houston Texans (NFL), Dallas Stars (NHL), Houston Astros (MLB), Texas Rangers (MLB), Houston Rockets (NBA), San Antonio Spurs (NBA), and Dallas Mavericks (NBA) at venues like AT&T Stadium or Minute Maid Park, or cheer on the state's many fantastic college sports teams. In addition, make sure to take advantage of famous attractions like the Space Center Houston, the San Antonio Riverwalk, or the Fort Worth Stockyards.

With its thriving economy, affordable living, and welcoming communities, embrace the Lone Star State and see why Texas is such a great place to live.

Rental Market Trends

Waco, TX

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As of October 2026, Waco's rental market is highly competitive, with rentals spending about 29 days on the market, faster than in Texas (39), and rents down 3.3% over the past year. Waco's average rent is 18.0% ($312) lower than the Texas average of $1,731 and 31.8% ($663) lower than the U.S. average of $2,082.

Average Rent
$1,419
Monthly ChangeMonth Over Month Change
Decreased0.08% ($1)
Yearly ChangeYear Over Year Change
Decreased3.3% ($48)
Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,043 Increased0.44% ($5) Increased0.8% ($8)
2 Beds $1,259 Decreased0.16% ($2) Decreased2.6% ($33)
3 Beds $1,589 Decreased0.45% ($7) Decreased6.0% ($102)
Nearby Cities Average Rent Avg. Rent vs. WacoAverage Rent vs. Waco Days on Market
Woodway $1,625 Increased14.5% ($206) 31 days
Hewitt $1,669 Increased17.6% ($250) 29 days
Elm Mott $1,274 Decreased10.2% ($145) 29 days
Lorena $1,856 Increased30.8% ($437) 28 days
China Spring $1,953 Increased37.6% ($534) 28 days
Based on rentals advertised on RentalSource in and around Waco.
Frequently Asked Questions
Waco Rental Market FAQs

Explore rental prices, market conditions, and affordability in Waco, TX.

The average rent in Waco, TX is $1,419 per month.
In Waco, the average rent is $1,043 per month for a 1-bedroom home, $1,259 for a 2-bedroom home and $1,589 for a 3-bedroom home.
The average rent in Waco is 31.8% ($663) lower than the national average of $2,082 per month.
The rental market in Waco, TX is currently highly competitive, with rentals spending about 29 days on the market, faster than in Texas (39), and rents down 3.3% over the past year.
Based on the current averages, a household would need an annual income of $50,400 to comfortably afford a 2-bedroom home in Waco.
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