Redding vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 26% cheaper for renters. A 2-bedroom rents for $770/mo vs $969/mo in Redding — saving $2,388/year.
Rent by Unit Size
| Unit Size | Redding | Waco | Difference |
|---|---|---|---|
| Studio | $684 | $530 | $154 |
| 1 Bedroom | $807 | $629 | $178 |
| 2 Bedrooms | $969 | $770 | $199 |
| 3 Bedrooms | $1,212 | $988 | $224 |
| 4 Bedrooms | $1,339 | $1,119 | $220 |
| Median Income | $56,912 | $40,886 | $16,026 |
Redding
- Studio
- $684/mo
- 1 BR
- $807/mo
- 2 BR
- $969/mo
- 3 BR
- $1,212/mo
- 4 BR
- $1,339/mo
- Median Income
- $56,912/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 Redding or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $969/mo in Redding. That's $199/mo or $2,388/year more expensive in Redding (26% higher).
What is the 2-bedroom rent in Redding vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Redding is $969/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Redding and Waco?
The median household income in Redding is $56,912/year. In Waco it is $40,886/year. Redding has the higher median income.
What is the studio rent in Redding vs Waco?
A studio apartment Fair Market Rent in Redding is $684/mo. In Waco it is $530/mo.