Tucson vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 22% cheaper for renters. A 2-bedroom rents for $770/mo vs $940/mo in Tucson — saving $2,040/year.
Rent by Unit Size
| Unit Size | Tucson | Waco | Difference |
|---|---|---|---|
| Studio | $660 | $530 | $130 |
| 1 Bedroom | $779 | $629 | $150 |
| 2 Bedrooms | $940 | $770 | $170 |
| 3 Bedrooms | $1,223 | $988 | $235 |
| 4 Bedrooms | $1,369 | $1,119 | $250 |
| Median Income | $58,210 | $40,886 | $17,324 |
Tucson
- Studio
- $660/mo
- 1 BR
- $779/mo
- 2 BR
- $940/mo
- 3 BR
- $1,223/mo
- 4 BR
- $1,369/mo
- Median Income
- $58,210/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 Tucson or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $940/mo in Tucson. That's $170/mo or $2,040/year more expensive in Tucson (22% higher).
What is the 2-bedroom rent in Tucson vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Tucson is $940/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Tucson and Waco?
The median household income in Tucson is $58,210/year. In Waco it is $40,886/year. Tucson has the higher median income.
What is the studio rent in Tucson vs Waco?
A studio apartment Fair Market Rent in Tucson is $660/mo. In Waco it is $530/mo.