Salinas vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 107% cheaper for renters. A 2-bedroom rents for $770/mo vs $1,591/mo in Salinas — saving $9,852/year.
Rent by Unit Size
| Unit Size | Salinas | Waco | Difference |
|---|---|---|---|
| Studio | $1,095 | $530 | $565 |
| 1 Bedroom | $1,311 | $629 | $682 |
| 2 Bedrooms | $1,591 | $770 | $821 |
| 3 Bedrooms | $2,085 | $988 | $1,097 |
| 4 Bedrooms | $2,361 | $1,119 | $1,242 |
| Median Income | $84,603 | $40,886 | $43,717 |
Salinas
- Studio
- $1,095/mo
- 1 BR
- $1,311/mo
- 2 BR
- $1,591/mo
- 3 BR
- $2,085/mo
- 4 BR
- $2,361/mo
- Median Income
- $84,603/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 Salinas or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $1,591/mo in Salinas. That's $821/mo or $9,852/year more expensive in Salinas (107% higher).
What is the 2-bedroom rent in Salinas vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Salinas is $1,591/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Salinas and Waco?
The median household income in Salinas is $84,603/year. In Waco it is $40,886/year. Salinas has the higher median income.
What is the studio rent in Salinas vs Waco?
A studio apartment Fair Market Rent in Salinas is $1,095/mo. In Waco it is $530/mo.