Twin Falls vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 1% cheaper for renters. A 2-bedroom rents for $770/mo vs $779/mo in Twin Falls — saving $108/year.
Rent by Unit Size
| Unit Size | Twin Falls | Waco | Difference |
|---|---|---|---|
| Studio | $499 | $530 | $31 |
| 1 Bedroom | $637 | $629 | $8 |
| 2 Bedrooms | $779 | $770 | $9 |
| 3 Bedrooms | $969 | $988 | $19 |
| 4 Bedrooms | $1,077 | $1,119 | $42 |
| Median Income | $48,297 | $40,886 | $7,411 |
Twin Falls
- Studio
- $499/mo
- 1 BR
- $637/mo
- 2 BR
- $779/mo
- 3 BR
- $969/mo
- 4 BR
- $1,077/mo
- Median Income
- $48,297/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 Twin Falls or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $779/mo in Twin Falls. That's $9/mo or $108/year more expensive in Twin Falls (1% higher).
What is the 2-bedroom rent in Twin Falls vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Twin Falls is $779/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Twin Falls and Waco?
The median household income in Twin Falls is $48,297/year. In Waco it is $40,886/year. Twin Falls has the higher median income.
What is the studio rent in Twin Falls vs Waco?
A studio apartment Fair Market Rent in Twin Falls is $499/mo. In Waco it is $530/mo.