Cincinnati vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 20% cheaper for renters. A 2-bedroom rents for $770/mo vs $924/mo in Cincinnati — saving $1,848/year.
Rent by Unit Size
| Unit Size | Cincinnati | Waco | Difference |
|---|---|---|---|
| Studio | $616 | $530 | $86 |
| 1 Bedroom | $741 | $629 | $112 |
| 2 Bedrooms | $924 | $770 | $154 |
| 3 Bedrooms | $1,099 | $988 | $111 |
| 4 Bedrooms | $1,252 | $1,119 | $133 |
| Median Income | $47,367 | $40,886 | $6,481 |
Cincinnati
- Studio
- $616/mo
- 1 BR
- $741/mo
- 2 BR
- $924/mo
- 3 BR
- $1,099/mo
- 4 BR
- $1,252/mo
- Median Income
- $47,367/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 Cincinnati or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $924/mo in Cincinnati. That's $154/mo or $1,848/year more expensive in Cincinnati (20% higher).
What is the 2-bedroom rent in Cincinnati vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Cincinnati is $924/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Cincinnati and Waco?
The median household income in Cincinnati is $47,367/year. In Waco it is $40,886/year. Cincinnati has the higher median income.
What is the studio rent in Cincinnati vs Waco?
A studio apartment Fair Market Rent in Cincinnati is $616/mo. In Waco it is $530/mo.