Buffalo-Cheektowaga vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 18% cheaper for renters. A 2-bedroom rents for $770/mo vs $907/mo in Buffalo-Cheektowaga — saving $1,644/year.
Rent by Unit Size
| Unit Size | Buffalo-Cheektowaga | Waco | Difference |
|---|---|---|---|
| Studio | $588 | $530 | $58 |
| 1 Bedroom | $711 | $629 | $82 |
| 2 Bedrooms | $907 | $770 | $137 |
| 3 Bedrooms | $1,073 | $988 | $85 |
| 4 Bedrooms | $1,274 | $1,119 | $155 |
| Median Income | $48,222 | $40,886 | $7,336 |
Buffalo-Cheektowaga
- Studio
- $588/mo
- 1 BR
- $711/mo
- 2 BR
- $907/mo
- 3 BR
- $1,073/mo
- 4 BR
- $1,274/mo
- Median Income
- $48,222/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 Buffalo-Cheektowaga or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $907/mo in Buffalo-Cheektowaga. That's $137/mo or $1,644/year more expensive in Buffalo-Cheektowaga (18% higher).
What is the 2-bedroom rent in Buffalo-Cheektowaga vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Buffalo-Cheektowaga is $907/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Buffalo-Cheektowaga and Waco?
The median household income in Buffalo-Cheektowaga is $48,222/year. In Waco it is $40,886/year. Buffalo-Cheektowaga has the higher median income.
What is the studio rent in Buffalo-Cheektowaga vs Waco?
A studio apartment Fair Market Rent in Buffalo-Cheektowaga is $588/mo. In Waco it is $530/mo.