Fort Collins vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 59% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,227/mo in Fort Collins — saving $5,484/year.
Rent by Unit Size
| Unit Size | Fort Collins | Waco | Difference |
|---|---|---|---|
| Studio | $839 | $530 | $309 |
| 1 Bedroom | $990 | $629 | $361 |
| 2 Bedrooms | $1,227 | $770 | $457 |
| 3 Bedrooms | $1,487 | $988 | $499 |
| 4 Bedrooms | $1,747 | $1,119 | $628 |
| Median Income | $63,053 | $40,886 | $22,167 |
Fort Collins
- Studio
- $839/mo
- 1 BR
- $990/mo
- 2 BR
- $1,227/mo
- 3 BR
- $1,487/mo
- 4 BR
- $1,747/mo
- Median Income
- $63,053/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 Fort Collins or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,227/mo in Fort Collins. That's $457/mo or $5,484/year more expensive in Fort Collins (59% higher).
What is the 2-bedroom rent in Fort Collins vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Fort Collins is $1,227/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Fort Collins and Waco?
The median household income in Fort Collins is $63,053/year. In Waco it is $40,886/year. Fort Collins has the higher median income.
What is the studio rent in Fort Collins vs Waco?
A studio apartment Fair Market Rent in Fort Collins is $839/mo. In Waco it is $530/mo.