Rental market trends in Waco, TX
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Average Apartment Cost in Waco, TX
Apartment Rent Ranges in Waco, TX
Apartment Prices | Proportion | |||
---|---|---|---|---|
2% | 9% | 38% | 29% | 21% |
Neighborhood Apartment Rent Trends in Waco, TX
Neighborhood | 1 Bed Avg Rent | Annual Change |
---|---|---|
Alta Vista | $1,409 | -1% |
Downtown Waco | $1,269 | +12% |
Downtown | $1,167 | -- |
North East Riverside | $1,160 | -- |
Landon Branch | $1,150 | -- |
Baylor | $1,049 | 0% |
West Waco | $1,040 | -10% |
Parkdale Viking Hills | $895 | +19% |
Austin Avenue | $850 | -- |
Oakwood | $700 | -- |
Cedar Ridge | $610 | 0% |
Neighborhood | 2 Beds Avg Rent | Annual Change |
---|---|---|
Alta Vista | $1,849 | +14% |
Downtown | $1,778 | -- |
Downtown Waco | $1,718 | 0% |
Landon Branch | $1,495 | -- |
West Waco | $1,450 | +4% |
North East Riverside | $1,135 | -- |
Parkdale Viking Hills | $995 | 0% |
Austin Avenue | $985 | -- |
Baylor | $600 | -8% |
How Other Cities Compare to Waco, TX
City | 1 Bed Avg Rent | Annual Change |
---|---|---|
Hewitt | $1,399 | -5% |
Belton | $1,285 | 0% |
Temple | $1,102 | -6% |
Woodway | $1,025 | +3% |
Hillsboro | $993 | -- |
Killeen | $867 | +51% |
Cameron | $655 | -- |
City | 2 Beds Avg Rent | Annual Change |
---|---|---|
Hewitt | $1,589 | +1% |
Belton | $1,410 | -5% |
Temple | $1,307 | +4% |
Groesbeck | $1,300 | -- |
Woodway | $1,245 | +2% |
Killeen | $1,055 | +11% |
Harker Heights | $1,050 | +31% |
Gatesville | $995 | -- |
Hillsboro | $852 | -6% |
Waco, TX Rent Trends
Studio | 1 Bed | 2 Beds | ||||||||||
Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | Nov 2024 |
$1799 | $1800 | $1800 | $1899 | $2143 | $2098 | $2199 | $2170 | $2109 | $2098 | $2098 | $1950 | $1950 |
$1108 | $1116 | $1083 | $1049 | $1099 | $1133 | $1205 | $1186 | $1202 | $1167 | $1148 | $1148 | $1212 |
$1480 | $1480 | $1480 | $1480 | $1459 | $1490 | $1459 | $1500 | $1499 | $1498 | $1497 | $1497 | $1484 |
$1601 | $1601 | $1601 | $1606 | $1634 | $1606 | $1744 | $1801 | $1755 | $1806 | $1948 | $1726 | $1601 |
Neighborhood Information for Waco, TX
What are the most affordable neighborhoods in Waco, TX?
The most affordable neighborhoods in Waco are Cedar Ridge, where the average 1-bedroom apartment rent goes for $610, Oakwood, where renters pay $700 on average for a 1-bedroom apartment, and Austin Avenue, where the average 1-bedroom apartment rent goes for $850. If you're looking for other great deals, check out the listings in Parkdale Viking Hills ($895 for a 1-bedroom apartment) or West Waco ($1,040 for a 1-bedroom apartment), compared to the $1,148 average for an Waco 1-bedroom apartment.
What are the most expensive neighborhoods in Waco, TX?
The most expensive neighborhoods in Waco are Alta Vista, where the average rent for a 1-bedroom apartment is just $1,409. offering similar apartments at an average of Downtown Waco, $1,269, and Downtown, $1,167. For additional value-for-money options, consider North East Riverside ($1,160 for a 1-bedroom apartment) or Landon Branch ($1,150 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Waco average for a 1-bedroom apartment, which stands at $1,148.
What are the most popular neighborhoods in Waco, TX?
The most popular neighborhoods in Waco are Austin Avenue, where the average 1-bedroom apartment rent goes for $850, Downtown, where renters pay $1,167 on average for a 1-bedroom apartment, and Downtown Waco, where the average 1-bedroom apartment rent goes for $1,269. If you're looking for other popular neighborhoods, check out the listings in Baylor ($1,049 for a 1-bedroom apartment) or Alta Vista ($1,409 for a 1-bedroom apartment), compared to the $1,148 average for an Waco 1-bedroom apartment.