Lakeland-Winter Haven vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 32% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,013/mo in Lakeland-Winter Haven — saving $2,916/year.
Rent by Unit Size
| Unit Size | Lakeland-Winter Haven | Waco | Difference |
|---|---|---|---|
| Studio | $664 | $530 | $134 |
| 1 Bedroom | $793 | $629 | $164 |
| 2 Bedrooms | $1,013 | $770 | $243 |
| 3 Bedrooms | $1,178 | $988 | $190 |
| 4 Bedrooms | $1,395 | $1,119 | $276 |
| Median Income | $55,009 | $40,886 | $14,123 |
Lakeland-Winter Haven
- Studio
- $664/mo
- 1 BR
- $793/mo
- 2 BR
- $1,013/mo
- 3 BR
- $1,178/mo
- 4 BR
- $1,395/mo
- Median Income
- $55,009/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 Lakeland-Winter Haven or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,013/mo in Lakeland-Winter Haven. That's $243/mo or $2,916/year more expensive in Lakeland-Winter Haven (32% higher).
What is the 2-bedroom rent in Lakeland-Winter Haven vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Lakeland-Winter Haven is $1,013/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Lakeland-Winter Haven and Waco?
The median household income in Lakeland-Winter Haven is $55,009/year. In Waco it is $40,886/year. Lakeland-Winter Haven has the higher median income.
What is the studio rent in Lakeland-Winter Haven vs Waco?
A studio apartment Fair Market Rent in Lakeland-Winter Haven is $664/mo. In Waco it is $530/mo.