El Centro vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 8% cheaper for renters. A 2-bedroom rents for $770/mo vs $834/mo in El Centro — saving $768/year.
Rent by Unit Size
| Unit Size | El Centro | Waco | Difference |
|---|---|---|---|
| Studio | $556 | $530 | $26 |
| 1 Bedroom | $706 | $629 | $77 |
| 2 Bedrooms | $834 | $770 | $64 |
| 3 Bedrooms | $1,056 | $988 | $68 |
| 4 Bedrooms | $1,186 | $1,119 | $67 |
| Median Income | $50,743 | $40,886 | $9,857 |
El Centro
- Studio
- $556/mo
- 1 BR
- $706/mo
- 2 BR
- $834/mo
- 3 BR
- $1,056/mo
- 4 BR
- $1,186/mo
- Median Income
- $50,743/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 El Centro or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $834/mo in El Centro. That's $64/mo or $768/year more expensive in El Centro (8% higher).
What is the 2-bedroom rent in El Centro vs Waco?
The HUD Fair Market Rent for a 2-bedroom in El Centro is $834/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between El Centro and Waco?
The median household income in El Centro is $50,743/year. In Waco it is $40,886/year. El Centro has the higher median income.
What is the studio rent in El Centro vs Waco?
A studio apartment Fair Market Rent in El Centro is $556/mo. In Waco it is $530/mo.