City Report · TX

Waller

Pop. 3,108·172nd most expensive in Texas·Rental market data updated monthly for Waller, TX
Median rent (all units)
$1,531/mo
Year-over-Year
+1.2%
Month-over-Month
-0.6%
vs US Median
-$401
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Waller · $1,531
More affordable than 73% of US cities · National median $1,932/mo
Affordability
46% of income
STRETCHED
0%30% benchmark60%+

At $1,531/mo, rent takes about 46% of the local median household income, well above the 30% benchmark.

Income to afford
$61,000/yr
Local median income
$39,969/yr
Based on the 30%-of-income rule using Waller's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,040
1 BR
$1,080
2 BR
$1,300
3 BR
$1,720
4 BR+
$2,170
Fair Market Rent (HUD)
$1,300/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,531 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Texas

Rent in Waller changed +1.2% over the year to September 2026. Across the 224 Texas cities Zillow tracks, the typical change was +1.0%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($39,969) is $999 a month. That is less than HUD's Fair Market Rent for a studio ($1,040).

Cheaper nearby

Jersey Village, 25 miles away, rents for 12% less ($1,352/mo), about $2,100 a year in savings.

From Zillow's monthly rent index (ZORI) for Waller. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,372/yr
At $1,531/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.2% YoY, -0.6% MoM), not inventory.
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Demographics

Who lives here

Waller, TX is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 14.6% of residents hold a bachelor's degree or higher.

Population
3,108
Median income
$39,969
Median age
27.1
Renters
65.6%
Age distribution
23.2%
43.7%
16.6%
Under 1823.2%
18–3443.7%
35–5416.6%
55–649.2%
65+7.4%
Gender
40%
60%
Male40%
Female60%
Race & ethnicity
55.3%
25.7%
26.4%
White55.3%
Black25.7%
Hispanic26.4%
Education (25+)
39%
34.5%
14.6%
No HS diploma11.9%
HS diploma39%
Some college34.5%
Bachelor's+14.6%
Housing tenure
34.4%
65.6%
Owner34.4%
Renter65.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Waller, TX has changed in 5 years

Income
$36,964 → $39,969
up 8.1%
Population
3,337 → 3,108
down 6.9%
Renter share
63.4% → 65.6%
+2.2 pts
Bachelor's+
17% → 14.6%
-2.4 pts
Median age
25.3 → 27.1
+1.8 yrs

On the earnings side, the typical household in Waller, TX now reports about $39,969, up from $36,964 in 2021. The population has contracted by 6.9% since 2021, moving from about 3,337 residents to roughly 3,108. Renters now make up 65.6% of households, compared with 63.4% five years ago. College-educated residents now make up 14.6% of adults here, versus 17% in 2021.

Community

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View Waller rent history (2015–2026) →
Salary vs rent

Can you afford rent in Waller on your salary?

At $1,531/mo, how Waller rent compares to typical pay (30% rule).

By apartment size

Waller rent by bedroom count

Median rent for each apartment size in Waller. Click any size for full breakdown.

Local insights

Tips for renters in Waller

About renting in Waller, TX

Last updated: October 17, 2026

The median rent in Waller is $1,531/mo as of October 2026. A studio apartment averages $1,040/mo while a 2-bedroom runs $1,300/mo. One-bedroom apartments average $1,080/mo and 3-bedroom units go for $1,720/mo.

At 46% of local median household income ($39,969/yr), Waller ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Waller?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,531/mo in Waller. The local median household income is $39,969/yr, so the typical household falls short of that bar.

Is rent going up or down in Waller?

Rent in Waller has risen 1.2% over the past year.

How does Waller rent compare to other cities in Texas?

Waller is one of the more affordable among Texas cities for rent, ranking #172 of 257 tracked cities at $1,531/mo. Over the year to September 2026, rent in Waller changed +1.2%, against a typical +1.0% across the 224 Texas cities Zillow tracks.
Income Affordability
46%
STRETCHED

At $1,531/mo, rent takes ~46% of Waller's median household income ($39,969/yr). The standard benchmark is 30%.

Waller 46%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Waller, TX

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