Nashville-Davidson-Murfreesboro vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 49% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,144/mo in Nashville-Davidson-Murfreesboro — saving $4,488/year.
Rent by Unit Size
| Unit Size | Nashville-Davidson-Murfreesboro | Waco | Difference |
|---|---|---|---|
| Studio | $733 | $530 | $203 |
| 1 Bedroom | $920 | $629 | $291 |
| 2 Bedrooms | $1,144 | $770 | $374 |
| 3 Bedrooms | $1,439 | $988 | $451 |
| 4 Bedrooms | $1,613 | $1,119 | $494 |
| Median Income | $74,218 | $40,886 | $33,332 |
Nashville-Davidson-Murfreesboro
- Studio
- $733/mo
- 1 BR
- $920/mo
- 2 BR
- $1,144/mo
- 3 BR
- $1,439/mo
- 4 BR
- $1,613/mo
- Median Income
- $74,218/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 Nashville-Davidson-Murfreesboro or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,144/mo in Nashville-Davidson-Murfreesboro. That's $374/mo or $4,488/year more expensive in Nashville-Davidson-Murfreesboro (49% higher).
What is the 2-bedroom rent in Nashville-Davidson-Murfreesboro vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Nashville-Davidson-Murfreesboro is $1,144/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Nashville-Davidson-Murfreesboro and Waco?
The median household income in Nashville-Davidson-Murfreesboro is $74,218/year. In Waco it is $40,886/year. Nashville-Davidson-Murfreesboro has the higher median income.
What is the studio rent in Nashville-Davidson-Murfreesboro vs Waco?
A studio apartment Fair Market Rent in Nashville-Davidson-Murfreesboro is $733/mo. In Waco it is $530/mo.