Savannah vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 25% cheaper for renters. A 2-bedroom rents for $770/mo vs $966/mo in Savannah — saving $2,352/year.
Rent by Unit Size
| Unit Size | Savannah | Waco | Difference |
|---|---|---|---|
| Studio | $638 | $530 | $108 |
| 1 Bedroom | $772 | $629 | $143 |
| 2 Bedrooms | $966 | $770 | $196 |
| 3 Bedrooms | $1,195 | $988 | $207 |
| 4 Bedrooms | $1,403 | $1,119 | $284 |
| Median Income | $56,077 | $40,886 | $15,191 |
Savannah
- Studio
- $638/mo
- 1 BR
- $772/mo
- 2 BR
- $966/mo
- 3 BR
- $1,195/mo
- 4 BR
- $1,403/mo
- Median Income
- $56,077/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 Savannah or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $966/mo in Savannah. That's $196/mo or $2,352/year more expensive in Savannah (25% higher).
What is the 2-bedroom rent in Savannah vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Savannah is $966/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Savannah and Waco?
The median household income in Savannah is $56,077/year. In Waco it is $40,886/year. Savannah has the higher median income.
What is the studio rent in Savannah vs Waco?
A studio apartment Fair Market Rent in Savannah is $638/mo. In Waco it is $530/mo.