Greenville-Anderson vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 13% cheaper for renters. A 2-bedroom rents for $770/mo vs $872/mo in Greenville-Anderson — saving $1,224/year.
Rent by Unit Size
| Unit Size | Greenville-Anderson | Waco | Difference |
|---|---|---|---|
| Studio | $604 | $530 | $74 |
| 1 Bedroom | $722 | $629 | $93 |
| 2 Bedrooms | $872 | $770 | $102 |
| 3 Bedrooms | $1,079 | $988 | $91 |
| 4 Bedrooms | $1,276 | $1,119 | $157 |
| Median Income | $58,633 | $40,886 | $17,747 |
Greenville-Anderson
- Studio
- $604/mo
- 1 BR
- $722/mo
- 2 BR
- $872/mo
- 3 BR
- $1,079/mo
- 4 BR
- $1,276/mo
- Median Income
- $58,633/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 Greenville-Anderson or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $872/mo in Greenville-Anderson. That's $102/mo or $1,224/year more expensive in Greenville-Anderson (13% higher).
What is the 2-bedroom rent in Greenville-Anderson vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Greenville-Anderson is $872/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Greenville-Anderson and Waco?
The median household income in Greenville-Anderson is $58,633/year. In Waco it is $40,886/year. Greenville-Anderson has the higher median income.
What is the studio rent in Greenville-Anderson vs Waco?
A studio apartment Fair Market Rent in Greenville-Anderson is $604/mo. In Waco it is $530/mo.