Waco, Texas is a city of approximately 150,000 people located in the heart of Central Texas. It is known for being the home of Baylor University and the Texas State Technical College, among other educational institutions. Waco is in close proximity to many major cities, and is a great place to live for those looking to be close to work, entertainment, and cultural attractions.
The rental market in Waco is strong, with many different types of housing available. Rental prices vary greatly depending on the size, location, and type of property. For example, one bedroom apartments in Waco typically range from $500 to $1,000 a month, while two bedroom apartments range from $700 to $1,500 a month. In Waco's most desirable neighborhoods, such as the Baylor University area, rental prices are higher, with two bedroom apartments typically ranging from $1,300 to $2,200 a month.
When it comes to schools, Waco is home to several highly rated public and private options. The Waco Independent School District has exemplary schools throughout the city, including Waco High School, Waco Middle School, and University High School. For those looking for a more private school experience, Waco is home to
The average rental prices of apartments, townhouses, condos, lofts, and single family homes in Waco, TX vary based on size, location, and amenities. The average rental prices for apartments in Waco, TX are $740 per month; townhouses are $1,100 per month; condos are $800 per month; lofts are $1,100 per month; and single family homes are $1,200 per month.
According to Rent Cafe, rental prices in Waco, TX have increased steadily over the last 5 years. In 2016, the average rent for a one-bedroom apartment was $664, while in 2021, the average rent for a one-bedroom apartment is $813, representing an increase of 22.3%. Similarly, the average rent for a two-bedroom apartment in 2016 was $806, while in 2021 it is $978, representing an increase of 21.2%. In addition, the average rent for a three-bedroom apartment in 2016 was $936, while in 2021 it is $1,142, representing an increase of 21.8%.
The median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Waco, TX are $650, $800, and $950, respectively.
School districts in Waco, TX compare favorably to the rest of the United States. According to the US News and World Report, Waco Independent School District (ISD) is ranked #22 out of 583 districts in Texas and ranked #2,404 out of 11,867 districts in the US. Waco ISD also has higher graduation rates and test scores than most school districts in the US. Additionally, Waco ISD has a lower student-teacher ratio than most other school districts in the US.
1. West Waco
2. Central Waco
3. South Waco
4. Bellmead
5. Hewitt
1. Castle Heights
2. North Waco
3. South Waco
4. Woodway
5. Hewitt