Rent by ZIP · McLennan County
Rent in Waco, TX 76706
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,280 (+3.2% vs FY2026). Renters in this ZIP code pay a median $1,149 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $890 | $850 | +4.7% | $801–979 | $1,008 ±$540 |
| 1 bedroom | $1,020 | $1,000 | +2% | $918–1,122 | $1,028 ±$164 |
| 2 bedrooms | $1,280 | $1,240 | +3.2% | $1,152–1,408 | $1,135 ±$121 |
| 3 bedrooms | $1,670 | $1,600 | +4.4% | $1,503–1,837 | $1,281 ±$249 |
| 4 bedrooms | $1,680 | $1,650 | +1.8% | $1,512–1,848 | $1,233 ±$372 |
Small Area FMRs for the Waco, TX HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. 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 76706
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 76705 | Waco | $1,120 | $1,048 |
| 76707 | Waco | $1,270 | $1,135 |
| 76704 | Waco | $1,120 | $851 |
| 76708 | Waco | $1,300 | $1,226 |
| 76710 | Waco | $1,250 | $1,199 |
| 76701 | Waco | $1,300 | $1,390 |
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.