Columbia 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 $927/mo in Columbia — saving $1,884/year.
Rent by Unit Size
| Unit Size | Columbia | Waco | Difference |
|---|---|---|---|
| Studio | $644 | $530 | $114 |
| 1 Bedroom | $771 | $629 | $142 |
| 2 Bedrooms | $927 | $770 | $157 |
| 3 Bedrooms | $1,178 | $988 | $190 |
| 4 Bedrooms | $1,341 | $1,119 | $222 |
| Median Income | $53,072 | $40,886 | $12,186 |
Columbia
- Studio
- $644/mo
- 1 BR
- $771/mo
- 2 BR
- $927/mo
- 3 BR
- $1,178/mo
- 4 BR
- $1,341/mo
- Median Income
- $53,072/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 Columbia or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $927/mo in Columbia. That's $157/mo or $1,884/year more expensive in Columbia (20% higher).
What is the 2-bedroom rent in Columbia vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Columbia is $927/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Columbia and Waco?
The median household income in Columbia is $53,072/year. In Waco it is $40,886/year. Columbia has the higher median income.
What is the studio rent in Columbia vs Waco?
A studio apartment Fair Market Rent in Columbia is $644/mo. In Waco it is $530/mo.