City Report · TX

Waxahachie

Pop. 45,347·85th most expensive in Texas·Rental market data updated monthly for Waxahachie, TX
Median rent (all units)
$1,780/mo
Year-over-Year
+3.0%
Month-over-Month
+0.7%
vs US Median
-$152
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Waxahachie · $1,780
More affordable than 55% of US cities · National median $1,932/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Waxahachie's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,780/mo
Expected by trend
$1,955/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
Fair Market Rent (HUD)
$1,560/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,780 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

Cheapest month to sign

November. Asking rents in Waxahachie usually run 0.7% below trend in November and 0.4% above it in June, about $20 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in Waxahachie is at its highest level since Zillow's records here began in December 2016.

Past year vs. the rest of Texas

Rent in Waxahachie changed +2.9% over the year to September 2026. Across the 224 Texas cities Zillow tracks, the typical change was +1.0%.

Rent vs. income since 2019

From 2019 to 2024, rent in Waxahachie rose 34.6% while median household income rose 30.7% ($65,589 to $85,723). Rent outpaced income.

Since before the pandemic

Rent in Waxahachie is 33.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($85,723) is $2,143 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,950); a 4-bedroom is $2,510.

Cheaper nearby

Duncanville, 21 miles away, rents for 15% less ($1,509/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for Waxahachie. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,360/yr
At $1,780/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.0% YoY, +0.7% 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
$1,413 → $1,780
up 26.0%
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 $1,413 to $1,780, up 26.0% 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.

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

Can you afford rent in Waxahachie on your salary?

At $1,780/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: October 17, 2026

The median rent in Waxahachie is $1,780/mo as of October 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 25% of local median household income ($85,723/yr), Waxahachie ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

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 $71,000/year (about $34/hour full-time) to afford the median rent of $1,780/mo in Waxahachie. The local median household income is $85,723/yr, so the typical household meets that bar.

Is rent going up or down in Waxahachie?

Rent in Waxahachie has risen 3.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2016.

When is the cheapest time to rent in Waxahachie?

Asking rents in Waxahachie are usually lowest in November, about 0.7% below their yearly trend, and highest in June, about 0.4% above it. At today's median that is a gap of roughly $20 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in Waxahachie?

Yes. From 2019 to 2024, rent in Waxahachie rose 34.6% while median household income rose 30.7%, from $65,589 to $85,723. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Waxahachie rent compare to other cities in Texas?

Waxahachie is one of the pricier among Texas cities for rent, ranking #85 of 257 tracked cities at $1,780/mo. Over the year to September 2026, rent in Waxahachie changed +2.9%, against a typical +1.0% across the 224 Texas cities Zillow tracks.

Which nearby cities are cheaper to rent in than Waxahachie?

Nearby cities with lower median rent than Waxahachie ($1,780/mo) include Ennis ($1,709/mo).
Income Affordability
25%
AFFORDABLE

At $1,780/mo, rent takes ~25% of Waxahachie's median household income ($85,723/yr). The standard benchmark is 30%.

Waxahachie 25%Benchmark 30%
State income taxNone
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Neighborhoods

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Public schools near Waxahachie, TX

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