City Report · TX

Waller

Pop. 3,108·228th most expensive in Texas·Rents have been falling, good time to negotiate
Median rent (all units)
$1,329/mo
Year-over-Year
-1.9%
Month-over-Month
-9.2%
vs US Median
-$633
Falling (Monthly)
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Most AffordableMost Expensive
Waller · $1,329
More affordable than 86% of US cities · National median $1,962/mo
Affordability
40% of income
MODERATE
0%30% benchmark60%+

At $1,329/mo, rent takes about 40% of the local median household income, slightly above the 30% benchmark.

Income to afford
$53,000/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 $1,329 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: August 17, 2026

Annual cost
$15,948/yr
At $1,329/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.9% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.9% YoY, -9.2% 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 $1,329/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: August 17, 2026

The median rent in Waller is $1,329/mo as of August 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 40% of local median household income ($39,969/yr), Waller ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.9% over the past year.

FAQ

Frequently asked questions

Is Waller an affordable city for renters?

Waller is considered moderate for renters. At $1,329/mo, rent takes approximately 40% of the local median household income ($39,969/yr). The standard benchmark is 30%. Waller slightly exceeds that threshold, so budgeting carefully matters here.

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 $53,000/year (~$25/hour full-time) to afford the median rent of $1,329/mo in Waller. The local median household income is $39,969/yr, meaning the typical Waller household falls short of that threshold.

Is rent going up or down in Waller?

Rent in Waller has decreased 1.9% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Waller rent compare to other cities in Texas?

Waller is one of the more affordable cities in Texas for rent, ranking #228 out of 267 tracked cities at $1,329/mo.

What percentage of Waller residents rent vs. own?

According to Census data, approximately 65.6% of Waller households are renters, while 34.4% are owner-occupied. With a majority renter population, Waller has a strong rental market.

How does Waller rent compare to the national average?

Waller's median rent of $1,329/mo is $633 (32%) below the US national median of $1,962/mo. Within Texas, it ranks #228 out of 267 tracked cities.
Income Affordability
40%
MODERATE

At $1,329/mo, rent takes ~40% of Waller's median household income ($39,969/yr). The standard benchmark is 30%.

Waller 40%Benchmark 30%
State income taxNone
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Neighborhoods

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Schools nearby

Public schools near Waller, TX

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