St. Louis vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 14% cheaper for renters. A 2-bedroom rents for $770/mo vs $874/mo in St. Louis — saving $1,248/year.
Rent by Unit Size
| Unit Size | St. Louis | Waco | Difference |
|---|---|---|---|
| Studio | $588 | $530 | $58 |
| 1 Bedroom | $740 | $629 | $111 |
| 2 Bedrooms | $874 | $770 | $104 |
| 3 Bedrooms | $1,094 | $988 | $106 |
| 4 Bedrooms | $1,269 | $1,119 | $150 |
| Median Income | $61,289 | $40,886 | $20,403 |
St. Louis
- Studio
- $588/mo
- 1 BR
- $740/mo
- 2 BR
- $874/mo
- 3 BR
- $1,094/mo
- 4 BR
- $1,269/mo
- Median Income
- $61,289/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 St. Louis or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $874/mo in St. Louis. That's $104/mo or $1,248/year more expensive in St. Louis (14% higher).
What is the 2-bedroom rent in St. Louis vs Waco?
The HUD Fair Market Rent for a 2-bedroom in St. Louis is $874/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between St. Louis and Waco?
The median household income in St. Louis is $61,289/year. In Waco it is $40,886/year. St. Louis has the higher median income.
What is the studio rent in St. Louis vs Waco?
A studio apartment Fair Market Rent in St. Louis is $588/mo. In Waco it is $530/mo.