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Rent by ZIP · McLennan County

Rent in Waco, TX 76701

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,300 (-9.7% vs FY2026). Renters in this ZIP code pay a median $978 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$900$990-9.1%$810–990$841 ±$252
1 bedroom$1,050$1,160-9.5%$945–1,155$938 ±$152
2 bedrooms$1,300$1,440-9.7%$1,170–1,430$1,390 ±$292
3 bedrooms$1,670$1,850-9.7%$1,503–1,837–
4 bedrooms$1,710$1,900-10%$1,539–1,881–

Small Area FMRs for the Waco, TX HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Waco, TX HUD Metro FMR Area, 2 bedrooms: $1,297.

What renters pay in 76701

Median gross rent$978±$213 · all sizes
Renter households85790% of occupied homes
No cash rent7households

How rents are spread

Under $1,00051%
$1,000–1,49923%
$1,500–1,99918%
$2,000–2,4996%
$2,500–2,9991%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
76704Waco$1,120$851
76705Waco$1,120$1,048
76706Waco$1,280$1,135
76707Waco$1,270$1,135
76708Waco$1,300$1,226
76710Waco$1,250$1,199

Fair Market Rents across McLennan County, TX · All TX counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.