Honolulu vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 152% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,937/mo in Honolulu — saving $14,004/year.
Rent by Unit Size
| Unit Size | Honolulu | Waco | Difference |
|---|---|---|---|
| Studio | $1,256 | $530 | $726 |
| 1 Bedroom | $1,543 | $629 | $914 |
| 2 Bedrooms | $1,937 | $770 | $1,167 |
| 3 Bedrooms | $2,397 | $988 | $1,409 |
| 4 Bedrooms | $2,745 | $1,119 | $1,626 |
| Median Income | $116,677 | $40,886 | $75,791 |
Honolulu
- Studio
- $1,256/mo
- 1 BR
- $1,543/mo
- 2 BR
- $1,937/mo
- 3 BR
- $2,397/mo
- 4 BR
- $2,745/mo
- Median Income
- $116,677/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 Honolulu or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,937/mo in Honolulu. That's $1,167/mo or $14,004/year more expensive in Honolulu (152% higher).
What is the 2-bedroom rent in Honolulu vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Honolulu is $1,937/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Honolulu and Waco?
The median household income in Honolulu is $116,677/year. In Waco it is $40,886/year. Honolulu has the higher median income.
What is the studio rent in Honolulu vs Waco?
A studio apartment Fair Market Rent in Honolulu is $1,256/mo. In Waco it is $530/mo.