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Rent by ZIP · McLennan County

Rent in Waco, TX 76707

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,270 (+2.4% vs FY2026). Renters in this ZIP code pay a median $1,119 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$880$850+3.5%$792–968$853 ±$119
1 bedroom$1,010$1,000+1%$909–1,111$644 ±$348
2 bedrooms$1,270$1,240+2.4%$1,143–1,397$1,135 ±$63
3 bedrooms$1,660$1,600+3.8%$1,494–1,826$1,370 ±$101
4 bedrooms$1,670$1,650+1.2%$1,503–1,837$1,427 ±$138

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 76707

Median gross rent$1,119±$77 · all sizes
Renter households2,20541% of occupied homes
No cash rent24households

How rents are spread

Under $1,00039%
$1,000–1,49942%
$1,500–1,99915%
$2,000–2,4993%
$2,500–2,9990%
$3,000–3,4991%
$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
76706Waco$1,280$1,135
76708Waco$1,300$1,226
76705Waco$1,120$1,048
76704Waco$1,120$851
76710Waco$1,250$1,199
76711Waco$1,530$1,605

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.