Madera vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 25% cheaper for renters. A 2-bedroom rents for $770/mo vs $960/mo in Madera — saving $2,280/year.
Rent by Unit Size
| Unit Size | Madera | Waco | Difference |
|---|---|---|---|
| Studio | $646 | $530 | $116 |
| 1 Bedroom | $763 | $629 | $134 |
| 2 Bedrooms | $960 | $770 | $190 |
| 3 Bedrooms | $1,195 | $988 | $207 |
| 4 Bedrooms | $1,347 | $1,119 | $228 |
| Median Income | $57,586 | $40,886 | $16,700 |
Madera
- Studio
- $646/mo
- 1 BR
- $763/mo
- 2 BR
- $960/mo
- 3 BR
- $1,195/mo
- 4 BR
- $1,347/mo
- Median Income
- $57,586/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 Madera or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $960/mo in Madera. That's $190/mo or $2,280/year more expensive in Madera (25% higher).
What is the 2-bedroom rent in Madera vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Madera is $960/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Madera and Waco?
The median household income in Madera is $57,586/year. In Waco it is $40,886/year. Madera has the higher median income.
What is the studio rent in Madera vs Waco?
A studio apartment Fair Market Rent in Madera is $646/mo. In Waco it is $530/mo.