Miami-Fort Lauderdale-Pompano Beach vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 100% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,543/mo in Miami-Fort Lauderdale-Pompano Beach — saving $9,276/year.
Rent by Unit Size
| Unit Size | Miami-Fort Lauderdale-Pompano Beach | Waco | Difference |
|---|---|---|---|
| Studio | $979 | $530 | $449 |
| 1 Bedroom | $1,206 | $629 | $577 |
| 2 Bedrooms | $1,543 | $770 | $773 |
| 3 Bedrooms | $1,928 | $988 | $940 |
| 4 Bedrooms | $2,007 | $1,119 | $888 |
| Median Income | $86,139 | $40,886 | $45,253 |
Miami-Fort Lauderdale-Pompano Beach
- Studio
- $979/mo
- 1 BR
- $1,206/mo
- 2 BR
- $1,543/mo
- 3 BR
- $1,928/mo
- 4 BR
- $2,007/mo
- Median Income
- $86,139/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 Miami-Fort Lauderdale-Pompano Beach or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,543/mo in Miami-Fort Lauderdale-Pompano Beach. That's $773/mo or $9,276/year more expensive in Miami-Fort Lauderdale-Pompano Beach (100% higher).
What is the 2-bedroom rent in Miami-Fort Lauderdale-Pompano Beach vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Miami-Fort Lauderdale-Pompano Beach is $1,543/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Miami-Fort Lauderdale-Pompano Beach and Waco?
The median household income in Miami-Fort Lauderdale-Pompano Beach is $86,139/year. In Waco it is $40,886/year. Miami-Fort Lauderdale-Pompano Beach has the higher median income.
What is the studio rent in Miami-Fort Lauderdale-Pompano Beach vs Waco?
A studio apartment Fair Market Rent in Miami-Fort Lauderdale-Pompano Beach is $979/mo. In Waco it is $530/mo.