Akron vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 7% cheaper for renters. A 2-bedroom rents for $770/mo vs $822/mo in Akron — saving $624/year.
Rent by Unit Size
| Unit Size | Akron | Waco | Difference |
|---|---|---|---|
| Studio | $552 | $530 | $22 |
| 1 Bedroom | $662 | $629 | $33 |
| 2 Bedrooms | $822 | $770 | $52 |
| 3 Bedrooms | $1,025 | $988 | $37 |
| 4 Bedrooms | $1,215 | $1,119 | $96 |
| Median Income | $43,989 | $40,886 | $3,103 |
Akron
- Studio
- $552/mo
- 1 BR
- $662/mo
- 2 BR
- $822/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,215/mo
- Median Income
- $43,989/yr
Waco
- Studio
- $530/mo
- 1 BR
- $629/mo
- 2 BR
- $770/mo
- 3 BR
- $988/mo
- 4 BR
- $1,119/mo
- Median Income
- $40,886/yr
Frequently Asked Questions
Is Akron or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $822/mo in Akron. That's $52/mo or $624/year more expensive in Akron (7% higher).
What is the 2-bedroom rent in Akron vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Akron and Waco?
The median household income in Akron is $43,989/year. In Waco it is $40,886/year. Akron has the higher median income.
What is the studio rent in Akron vs Waco?
A studio apartment Fair Market Rent in Akron is $552/mo. In Waco it is $530/mo.