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Fair Market Rent · Texas

Fair Market Rent in McLennan County, TX

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$903studio
$1,0291 bedroom
$1,2972 bedrooms
$1,6933 bedrooms
$1,7054 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in McLennan County is $1,297 a month, +4.6% from FY2026. McLennan County is part of the Waco, TX HUD Metro FMR Area (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$903$850+6.2%$813–993
1 bedroom$1,029$996+3.3%$926–1,132
2 bedrooms$1,297$1,240+4.6%$1,167–1,427
3 bedrooms$1,693$1,599+5.9%$1,524–1,862
4 bedrooms$1,705$1,644+3.7%$1,534–1,876

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in McLennan County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
76624Axtell$1,120–$925
76630Bruceville$1,210$973$1,186
76633China Spring$1,910–$1,699
76638Crawford$1,480$875$1,083
76640Elm Mott$1,120$880$838
76643Hewitt$1,620$1,483$1,538
76654Leroy$1,120––
76655Lorena$1,570$756$1,250
76657Mc Gregor$1,410$1,018$1,295
76691West$1,150$975$1,064
76701Waco$1,300$1,390$978
76704Waco$1,120$851$866
76705Waco$1,120$1,048$1,000
76706Waco$1,280$1,135$1,149
76707Waco$1,270$1,135$1,119
76708Waco$1,300$1,226$1,177
76710Waco$1,250$1,199$1,147
76711Waco$1,530$1,605$1,391
76712Woodway$1,520$1,337$1,427
76798Waco$1,280––

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.