Lansing-East Lansing vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 9% cheaper for renters. A 2-bedroom rents for $770/mo vs $837/mo in Lansing-East Lansing — saving $804/year.
Rent by Unit Size
| Unit Size | Lansing-East Lansing | Waco | Difference |
|---|---|---|---|
| Studio | $564 | $530 | $34 |
| 1 Bedroom | $685 | $629 | $56 |
| 2 Bedrooms | $837 | $770 | $67 |
| 3 Bedrooms | $1,018 | $988 | $30 |
| 4 Bedrooms | $1,246 | $1,119 | $127 |
| Median Income | $43,668 | $40,886 | $2,782 |
Lansing-East Lansing
- Studio
- $564/mo
- 1 BR
- $685/mo
- 2 BR
- $837/mo
- 3 BR
- $1,018/mo
- 4 BR
- $1,246/mo
- Median Income
- $43,668/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 Lansing-East Lansing or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $837/mo in Lansing-East Lansing. That's $67/mo or $804/year more expensive in Lansing-East Lansing (9% higher).
What is the 2-bedroom rent in Lansing-East Lansing vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Lansing-East Lansing is $837/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Lansing-East Lansing and Waco?
The median household income in Lansing-East Lansing is $43,668/year. In Waco it is $40,886/year. Lansing-East Lansing has the higher median income.
What is the studio rent in Lansing-East Lansing vs Waco?
A studio apartment Fair Market Rent in Lansing-East Lansing is $564/mo. In Waco it is $530/mo.