Ocala vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 10% cheaper for renters. A 2-bedroom rents for $770/mo vs $850/mo in Ocala — saving $960/year.
Rent by Unit Size
| Unit Size | Ocala | Waco | Difference |
|---|---|---|---|
| Studio | $584 | $530 | $54 |
| 1 Bedroom | $712 | $629 | $83 |
| 2 Bedrooms | $850 | $770 | $80 |
| 3 Bedrooms | $1,069 | $988 | $81 |
| 4 Bedrooms | $1,312 | $1,119 | $193 |
| Median Income | $54,036 | $40,886 | $13,150 |
Ocala
- Studio
- $584/mo
- 1 BR
- $712/mo
- 2 BR
- $850/mo
- 3 BR
- $1,069/mo
- 4 BR
- $1,312/mo
- Median Income
- $54,036/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 Ocala or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $850/mo in Ocala. That's $80/mo or $960/year more expensive in Ocala (10% higher).
What is the 2-bedroom rent in Ocala vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Ocala is $850/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Ocala and Waco?
The median household income in Ocala is $54,036/year. In Waco it is $40,886/year. Ocala has the higher median income.
What is the studio rent in Ocala vs Waco?
A studio apartment Fair Market Rent in Ocala is $584/mo. In Waco it is $530/mo.