Flagstaff vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 50% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,157/mo in Flagstaff — saving $4,644/year.
Rent by Unit Size
| Unit Size | Flagstaff | Waco | Difference |
|---|---|---|---|
| Studio | $734 | $530 | $204 |
| 1 Bedroom | $940 | $629 | $311 |
| 2 Bedrooms | $1,157 | $770 | $387 |
| 3 Bedrooms | $1,397 | $988 | $409 |
| 4 Bedrooms | $1,577 | $1,119 | $458 |
| Median Income | $64,598 | $40,886 | $23,712 |
Flagstaff
- Studio
- $734/mo
- 1 BR
- $940/mo
- 2 BR
- $1,157/mo
- 3 BR
- $1,397/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,598/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 Flagstaff or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,157/mo in Flagstaff. That's $387/mo or $4,644/year more expensive in Flagstaff (50% higher).
What is the 2-bedroom rent in Flagstaff vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Flagstaff is $1,157/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Flagstaff and Waco?
The median household income in Flagstaff is $64,598/year. In Waco it is $40,886/year. Flagstaff has the higher median income.
What is the studio rent in Flagstaff vs Waco?
A studio apartment Fair Market Rent in Flagstaff is $734/mo. In Waco it is $530/mo.