Studio Apartment Rent in Waco, TX
Median asking rent for a studio apartment in Waco, Texas as of July 2026. That's +29% lower than the citywide median of $1,369 and +25% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Waco
Compare Waco's median rent across every apartment size.
Cheapest cities for a studio in Texas
| # | City | Studio rent |
|---|---|---|
| 1 | Clute | $522 |
| 2 | Burnet | $525 |
| 3 | Palestine | $646 |
| 4 | Corsicana | $700 |
| 5 | Harlingen | $705 |
| 6 | Brownsville | $707 |
| 7 | Bonham | $710 |
| 8 | Eagle Pass | $730 |
| 9 | Alton | $750 |
| 10 | Del Rio | $760 |
| 11 | Canyon | $770 |
| 12 | Huntsville | $770 |
| 13 | Wharton | $770 |
| 14 | San Leon | $778 |
| 15 | Livingston | $780 |
Most expensive cities for a studio in Texas
| # | City | Studio rent |
|---|---|---|
| 1 | University Park | $2,300 |
| 2 | Argyle | $2,300 |
| 3 | Flower Mound | $2,250 |
| 4 | Prosper | $2,170 |
| 5 | Little Elm | $2,140 |
| 6 | Aledo | $2,060 |
| 7 | Justin | $2,030 |
| 8 | Lavon | $2,010 |
| 9 | Lakeway | $1,980 |
| 10 | Royse City | $1,930 |
| 11 | Haslet | $1,910 |
| 12 | Celina | $1,900 |
| 13 | Grapevine | $1,850 |
| 14 | Bellaire | $1,840 |
| 15 | Fresno | $1,830 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Waco.
| City | Distance | Studio rent | vs Waco |
|---|---|---|---|
| Hewitt, TX | 6.5 mi | $1,230 | +$262 (+27%) |
| Woodway, TX | 7 mi | $1,100 | +$132 (+14%) |
| Temple, TX | 32.7 mi | $967 | $-1 (0%) |
| Belton, TX | 41.1 mi | $960 | $-8 (-1%) |
| Gatesville, TX | 41.9 mi | $810 | $-158 (-16%) |
| Nolanville, TX | 44.4 mi | $910 | $-58 (-6%) |
| Harker Heights, TX | 47.5 mi | $900 | $-68 (-7%) |
| Killeen, TX | 51.1 mi | $920 | $-48 (-5%) |
| Cleburne, TX | 56 mi | $1,170 | +$202 (+21%) |
| Corsicana, TX | 57.6 mi | $700 | $-268 (-28%) |
| Jarrell, TX | 58.6 mi | $1,590 | +$622 (+64%) |
| Copperas Cove, TX | 60 mi | $860 | $-108 (-11%) |
Studio rent in Waco — common questions
How much is a studio apartment in Waco?
As of July 2026, the median studio apartment rent in Waco, Texas is $968 per month. This is +29% below the citywide median of $1,369.
What income do you need to afford a studio in Waco?
Using the standard 30% rent-to-income rule, you would need an annual income of about $38,720 ($3,227/month gross), which works out to roughly $18.62/hour at a full-time job.
Is Waco expensive for a studio compared to the rest of the US?
Waco's studio median of $968 is +25% below the national studio median of $1,290. It ranks in the 25th percentile of US cities tracked.
How does Waco rank for studio rent in Texas?
Among the 241 cities in Texas with studio data, Waco ranks #60 from cheapest to most expensive.
Are there cheaper studio options near Waco?
Yes — nearby cities with cheaper studio rents include Temple ($967), Belton ($960), Gatesville ($810).