San Antonio-New Braunfels vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 24% cheaper for renters. A 2-bedroom rents for $770/mo vs $958/mo in San Antonio-New Braunfels — saving $2,256/year.
Rent by Unit Size
| Unit Size | San Antonio-New Braunfels | Waco | Difference |
|---|---|---|---|
| Studio | $656 | $530 | $126 |
| 1 Bedroom | $777 | $629 | $148 |
| 2 Bedrooms | $958 | $770 | $188 |
| 3 Bedrooms | $1,210 | $988 | $222 |
| 4 Bedrooms | $1,397 | $1,119 | $278 |
| Median Income | $64,910 | $40,886 | $24,024 |
San Antonio-New Braunfels
- Studio
- $656/mo
- 1 BR
- $777/mo
- 2 BR
- $958/mo
- 3 BR
- $1,210/mo
- 4 BR
- $1,397/mo
- Median Income
- $64,910/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 San Antonio-New Braunfels or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $958/mo in San Antonio-New Braunfels. That's $188/mo or $2,256/year more expensive in San Antonio-New Braunfels (24% higher).
What is the 2-bedroom rent in San Antonio-New Braunfels vs Waco?
The HUD Fair Market Rent for a 2-bedroom in San Antonio-New Braunfels is $958/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between San Antonio-New Braunfels and Waco?
The median household income in San Antonio-New Braunfels is $64,910/year. In Waco it is $40,886/year. San Antonio-New Braunfels has the higher median income.
What is the studio rent in San Antonio-New Braunfels vs Waco?
A studio apartment Fair Market Rent in San Antonio-New Braunfels is $656/mo. In Waco it is $530/mo.