2-Bedroom Apartment Rent in Waco, TX
Median asking rent for a 2-bedroom apartment in Waco, Texas as of August 2026. That's +3% higher than the citywide median of $1,373 and +15% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Waco
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Waco
Compare Waco's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Texas
Most expensive cities for a 2-bedroom in Texas
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | University Park | $2,830 |
| 2 | Argyle | $2,830 |
| 3 | Flower Mound | $2,765 |
| 4 | Little Elm | $2,630 |
| 5 | Aledo | $2,560 |
| 6 | Justin | $2,500 |
| 7 | Lakeway | $2,490 |
| 8 | Lavon | $2,470 |
| 9 | Keller | $2,400 |
| 10 | Royse City | $2,380 |
| 11 | Haslet | $2,370 |
| 12 | Celina | $2,340 |
| 13 | Fresno | $2,290 |
| 14 | Bellaire | $2,290 |
| 15 | Leander | $2,260 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Waco.
| City | Distance | 2-Bedroom rent | vs Waco |
|---|---|---|---|
| Robinson, TX | 6.1 mi | $978 | $-430 (-31%) |
| Hewitt, TX | 6.5 mi | $1,800 | +$392 (+28%) |
| Woodway, TX | 7 mi | $1,610 | +$202 (+14%) |
| Temple, TX | 32.7 mi | $1,227 | $-181 (-13%) |
| Belton, TX | 41.1 mi | $1,220 | $-188 (-13%) |
| Nolanville, TX | 44.4 mi | $1,160 | $-248 (-18%) |
| Harker Heights, TX | 47.5 mi | $1,140 | $-268 (-19%) |
| Salado, TX | 48.6 mi | $877 | $-531 (-38%) |
| Killeen, TX | 51.1 mi | $1,168 | $-240 (-17%) |
| Cleburne, TX | 56 mi | $1,455 | +$47 (+3%) |
| Corsicana, TX | 57.6 mi | $950 | $-458 (-33%) |
| Jarrell, TX | 58.6 mi | $2,000 | +$592 (+42%) |
2-Bedroom rent in Waco — common questions
How much is a 2-bedroom apartment in Waco?
As of August 2026, the median 2-bedroom apartment rent in Waco, Texas is $1,408 per month. This is +3% higher than the citywide median of $1,373.
What income do you need to afford a 2-bedroom in Waco?
Using the standard 30% rent-to-income rule, you would need an annual income of about $56,320 ($4,693/month gross), which works out to roughly $27.08/hour at a full-time job.
Is Waco expensive for a 2-bedroom compared to the rest of the US?
Waco's 2-bedroom median of $1,408 is +15% below the national 2-bedroom median of $1,655. It ranks in the 33th percentile of US cities tracked.
How does Waco rank for 2-bedroom rent in Texas?
Among the 261 cities in Texas with 2-bedroom data, Waco ranks #97 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Waco?
Yes — nearby cities with cheaper 2-bedroom rents include Robinson ($978), Temple ($1,227), Belton ($1,220).