Austin-Round Rock-Georgetown vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 69% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,299/mo in Austin-Round Rock-Georgetown — saving $6,348/year.
Rent by Unit Size
| Unit Size | Austin-Round Rock-Georgetown | Waco | Difference |
|---|---|---|---|
| Studio | $907 | $530 | $377 |
| 1 Bedroom | $1,086 | $629 | $457 |
| 2 Bedrooms | $1,299 | $770 | $529 |
| 3 Bedrooms | $1,588 | $988 | $600 |
| 4 Bedrooms | $1,903 | $1,119 | $784 |
| Median Income | $84,490 | $40,886 | $43,604 |
Austin-Round Rock-Georgetown
- Studio
- $907/mo
- 1 BR
- $1,086/mo
- 2 BR
- $1,299/mo
- 3 BR
- $1,588/mo
- 4 BR
- $1,903/mo
- Median Income
- $84,490/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 Austin-Round Rock-Georgetown or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,299/mo in Austin-Round Rock-Georgetown. That's $529/mo or $6,348/year more expensive in Austin-Round Rock-Georgetown (69% higher).
What is the 2-bedroom rent in Austin-Round Rock-Georgetown vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Austin-Round Rock-Georgetown is $1,299/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Austin-Round Rock-Georgetown and Waco?
The median household income in Austin-Round Rock-Georgetown is $84,490/year. In Waco it is $40,886/year. Austin-Round Rock-Georgetown has the higher median income.
What is the studio rent in Austin-Round Rock-Georgetown vs Waco?
A studio apartment Fair Market Rent in Austin-Round Rock-Georgetown is $907/mo. In Waco it is $530/mo.