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City Report · TX

Waxahachie

Pop. 45,347·130th most expensive in Texas·Rental market data updated monthly for Waxahachie, TX
Median rent (all units)
$1,673/mo
Year-over-Year
-2.5%
Month-over-Month
-2.2%
vs US Median
-$292
Falling (Monthly)
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Most AffordableMost Expensive
Waxahachie · $1,673
More affordable than 63% of US cities · National median $1,965/mo
Rent Reality Score
72/100
Good value
OverheatedFairGreat value

Rents are 11% below what Waxahachie's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,673/mo
Expected by trend
$1,879/mo
The Rent Reality Score compares today's median rent to where Waxahachie's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,270
1 BR
$1,330
2 BR
$1,560
3 BR
$1,950
4 BR+
$2,510
Research median
$1,560/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,076/yr
At $1,673/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-2.5% YoY, -2.2% MoM), not inventory.
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Demographics

Who lives here

Waxahachie, TX is majority owner-occupied, has a large share of families with children, 31.4% of residents hold a bachelor's degree or higher.

Population
45,347
Median income
$85,723
Median age
33.3
Renters
39.7%
Age distribution
25.1%
27.6%
25.5%
12.1%
Under 1825.1%
18–3427.6%
35–5425.5%
55–649.7%
65+12.1%
Gender
47.8%
52.2%
Male47.8%
Female52.2%
Race & ethnicity
58.5%
17.3%
25.5%
White58.5%
Black17.3%
Hispanic25.5%
Asian0.9%
Education (25+)
25.1%
33.7%
31.4%
No HS diploma9.8%
HS diploma25.1%
Some college33.7%
Bachelor's+31.4%
Housing tenure
60.3%
39.7%
Owner60.3%
Renter39.7%

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

2021 vs 2026

How Waxahachie, TX has changed in 5 years

Rent
$1,412 → $1,673
up 18.5%
Income
$74,789 → $85,723
up 14.6%
Population
39,815 → 45,347
up 13.9%
Renter share
42% → 39.7%
-2.3 pts
Bachelor's+
24.4% → 31.4%
+7.0 pts
Median age
31.5 → 33.3
+1.8 yrs

Across the past five years, the going rent in Waxahachie, TX has shifted from $1,412 to $1,673, up 18.5% since 2021. On the earnings side, the typical household in Waxahachie, TX now reports about $85,723, up from $74,789 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Waxahachie, TX adding about 5,532 residents over the five-year window, up 13.9% on net. The renter share has eased from 42% to 39.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 24.4% to 31.4% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Waxahachie, TX reflects that arc in its own way.

Community

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

Can you afford rent in Waxahachie on your salary?

At $1,673/mo, how Waxahachie rent compares to typical pay (30% rule).

By apartment size

Waxahachie rent by bedroom count

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

Local insights

Tips for renters in Waxahachie

About renting in Waxahachie, TX

Last updated: July 20, 2026

The median rent in Waxahachie is $1,673/mo as of July 2026. A studio apartment averages $1,270/mo while a 2-bedroom runs $1,560/mo. One-bedroom apartments average $1,330/mo and 3-bedroom units go for $1,950/mo.

At 23% of local median household income ($85,723/yr), Waxahachie ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.5% over the past year.

FAQ

Frequently asked questions

Is Waxahachie an affordable city for renters?

Waxahachie is considered very affordable for renters. At $1,673/mo, rent takes approximately 23% of the local median household income ($85,723/yr). The standard benchmark is 30%. Waxahachie falls comfortably within that range.

How much income do you need to rent in Waxahachie?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,673/mo in Waxahachie. The local median household income is $85,723/yr, meaning the typical Waxahachie household meets that threshold.

Is rent going up or down in Waxahachie?

Rent in Waxahachie has decreased 2.5% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Waxahachie rent compare to other cities in Texas?

Waxahachie is middle-of-the-pack for Texas for rent, ranking #130 out of 269 tracked cities at $1,673/mo.

What percentage of Waxahachie residents rent vs. own?

According to Census data, approximately 39.7% of Waxahachie households are renters, while 60.3% are owner-occupied. Waxahachie leans toward homeownership, which can mean a smaller rental inventory.

How does Waxahachie rent compare to the national average?

Waxahachie's median rent of $1,673/mo is $292 (15%) below the US national median of $1,965/mo. Within Texas, it ranks #130 out of 269 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,673/mo, rent takes ~23% of Waxahachie's median household income ($85,723/yr). The standard benchmark is 30%.

Waxahachie 23%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Waxahachie, TX

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