Boise City vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 47% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,134/mo in Boise City — saving $4,368/year.
Rent by Unit Size
| Unit Size | Boise City | Waco | Difference |
|---|---|---|---|
| Studio | $728 | $530 | $198 |
| 1 Bedroom | $907 | $629 | $278 |
| 2 Bedrooms | $1,134 | $770 | $364 |
| 3 Bedrooms | $1,352 | $988 | $364 |
| 4 Bedrooms | $1,542 | $1,119 | $423 |
| Median Income | $60,482 | $40,886 | $19,596 |
Boise City
- Studio
- $728/mo
- 1 BR
- $907/mo
- 2 BR
- $1,134/mo
- 3 BR
- $1,352/mo
- 4 BR
- $1,542/mo
- Median Income
- $60,482/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 Boise City or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,134/mo in Boise City. That's $364/mo or $4,368/year more expensive in Boise City (47% higher).
What is the 2-bedroom rent in Boise City vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Boise City is $1,134/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Boise City and Waco?
The median household income in Boise City is $60,482/year. In Waco it is $40,886/year. Boise City has the higher median income.
What is the studio rent in Boise City vs Waco?
A studio apartment Fair Market Rent in Boise City is $728/mo. In Waco it is $530/mo.