Charleston-North Charleston vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 51% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,159/mo in Charleston-North Charleston — saving $4,668/year.
Rent by Unit Size
| Unit Size | Charleston-North Charleston | Waco | Difference |
|---|---|---|---|
| Studio | $766 | $530 | $236 |
| 1 Bedroom | $923 | $629 | $294 |
| 2 Bedrooms | $1,159 | $770 | $389 |
| 3 Bedrooms | $1,459 | $988 | $471 |
| 4 Bedrooms | $1,529 | $1,119 | $410 |
| Median Income | $57,454 | $40,886 | $16,568 |
Charleston-North Charleston
- Studio
- $766/mo
- 1 BR
- $923/mo
- 2 BR
- $1,159/mo
- 3 BR
- $1,459/mo
- 4 BR
- $1,529/mo
- Median Income
- $57,454/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 Charleston-North Charleston or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,159/mo in Charleston-North Charleston. That's $389/mo or $4,668/year more expensive in Charleston-North Charleston (51% higher).
What is the 2-bedroom rent in Charleston-North Charleston vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Charleston-North Charleston is $1,159/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Charleston-North Charleston and Waco?
The median household income in Charleston-North Charleston is $57,454/year. In Waco it is $40,886/year. Charleston-North Charleston has the higher median income.
What is the studio rent in Charleston-North Charleston vs Waco?
A studio apartment Fair Market Rent in Charleston-North Charleston is $766/mo. In Waco it is $530/mo.