Bend vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 64% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,266/mo in Bend — saving $5,952/year.
Rent by Unit Size
| Unit Size | Bend | Waco | Difference |
|---|---|---|---|
| Studio | $835 | $530 | $305 |
| 1 Bedroom | $1,054 | $629 | $425 |
| 2 Bedrooms | $1,266 | $770 | $496 |
| 3 Bedrooms | $1,678 | $988 | $690 |
| 4 Bedrooms | $1,841 | $1,119 | $722 |
| Median Income | $68,847 | $40,886 | $27,961 |
Bend
- Studio
- $835/mo
- 1 BR
- $1,054/mo
- 2 BR
- $1,266/mo
- 3 BR
- $1,678/mo
- 4 BR
- $1,841/mo
- Median Income
- $68,847/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 Bend or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,266/mo in Bend. That's $496/mo or $5,952/year more expensive in Bend (64% higher).
What is the 2-bedroom rent in Bend vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Bend is $1,266/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Bend and Waco?
The median household income in Bend is $68,847/year. In Waco it is $40,886/year. Bend has the higher median income.
What is the studio rent in Bend vs Waco?
A studio apartment Fair Market Rent in Bend is $835/mo. In Waco it is $530/mo.