Boston-Cambridge-Newton vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 128% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,754/mo in Boston-Cambridge-Newton — saving $11,808/year.
Rent by Unit Size
| Unit Size | Boston-Cambridge-Newton | Waco | Difference |
|---|---|---|---|
| Studio | $1,196 | $530 | $666 |
| 1 Bedroom | $1,409 | $629 | $780 |
| 2 Bedrooms | $1,754 | $770 | $984 |
| 3 Bedrooms | $2,044 | $988 | $1,056 |
| 4 Bedrooms | $2,555 | $1,119 | $1,436 |
| Median Income | $100,795 | $40,886 | $59,909 |
Boston-Cambridge-Newton
- Studio
- $1,196/mo
- 1 BR
- $1,409/mo
- 2 BR
- $1,754/mo
- 3 BR
- $2,044/mo
- 4 BR
- $2,555/mo
- Median Income
- $100,795/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 Boston-Cambridge-Newton or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,754/mo in Boston-Cambridge-Newton. That's $984/mo or $11,808/year more expensive in Boston-Cambridge-Newton (128% higher).
What is the 2-bedroom rent in Boston-Cambridge-Newton vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Boston-Cambridge-Newton is $1,754/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Boston-Cambridge-Newton and Waco?
The median household income in Boston-Cambridge-Newton is $100,795/year. In Waco it is $40,886/year. Boston-Cambridge-Newton has the higher median income.
What is the studio rent in Boston-Cambridge-Newton vs Waco?
A studio apartment Fair Market Rent in Boston-Cambridge-Newton is $1,196/mo. In Waco it is $530/mo.