Casper vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 3% cheaper for renters. A 2-bedroom rents for $770/mo vs $795/mo in Casper — saving $300/year.
Rent by Unit Size
| Unit Size | Casper | Waco | Difference |
|---|---|---|---|
| Studio | $561 | $530 | $31 |
| 1 Bedroom | $666 | $629 | $37 |
| 2 Bedrooms | $795 | $770 | $25 |
| 3 Bedrooms | $1,009 | $988 | $21 |
| 4 Bedrooms | $1,224 | $1,119 | $105 |
| Median Income | $43,997 | $40,886 | $3,111 |
Casper
- Studio
- $561/mo
- 1 BR
- $666/mo
- 2 BR
- $795/mo
- 3 BR
- $1,009/mo
- 4 BR
- $1,224/mo
- Median Income
- $43,997/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 Casper or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $795/mo in Casper. That's $25/mo or $300/year more expensive in Casper (3% higher).
What is the 2-bedroom rent in Casper vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Casper is $795/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Casper and Waco?
The median household income in Casper is $43,997/year. In Waco it is $40,886/year. Casper has the higher median income.
What is the studio rent in Casper vs Waco?
A studio apartment Fair Market Rent in Casper is $561/mo. In Waco it is $530/mo.