Denver-Aurora-Lakewood vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 85% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,421/mo in Denver-Aurora-Lakewood — saving $7,812/year.
Rent by Unit Size
| Unit Size | Denver-Aurora-Lakewood | Waco | Difference |
|---|---|---|---|
| Studio | $944 | $530 | $414 |
| 1 Bedroom | $1,123 | $629 | $494 |
| 2 Bedrooms | $1,421 | $770 | $651 |
| 3 Bedrooms | $1,665 | $988 | $677 |
| 4 Bedrooms | $2,036 | $1,119 | $917 |
| Median Income | $86,704 | $40,886 | $45,818 |
Denver-Aurora-Lakewood
- Studio
- $944/mo
- 1 BR
- $1,123/mo
- 2 BR
- $1,421/mo
- 3 BR
- $1,665/mo
- 4 BR
- $2,036/mo
- Median Income
- $86,704/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 Denver-Aurora-Lakewood or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,421/mo in Denver-Aurora-Lakewood. That's $651/mo or $7,812/year more expensive in Denver-Aurora-Lakewood (85% higher).
What is the 2-bedroom rent in Denver-Aurora-Lakewood vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Denver-Aurora-Lakewood is $1,421/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Denver-Aurora-Lakewood and Waco?
The median household income in Denver-Aurora-Lakewood is $86,704/year. In Waco it is $40,886/year. Denver-Aurora-Lakewood has the higher median income.
What is the studio rent in Denver-Aurora-Lakewood vs Waco?
A studio apartment Fair Market Rent in Denver-Aurora-Lakewood is $944/mo. In Waco it is $530/mo.