ZIP Code · TX

ZIP 76711

Part of Waco, TX

Pop. 9,676·McLennan County·517th most expensive ZIP in Texas

Median rent (all units)

$1,363/mo

Year-over-Year

-0.9%

Month-over-Month

-1.1%

vs US Median

-$569

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 76711 · $1,363

More affordable than 82% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,060

1 BR

$1,240

2 BR

$1,530

3 BR

$1,980

4 BR+

$2,030

Research median

$1,530/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Texas

Rent in ZIP 76711 changed -0.9% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has fallen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($53,185) is $1,330 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,240); a 2-bedroom is $1,530.

Rank in Waco

3rd cheapest of 5 ZIP codes in Waco.

From Zillow's monthly rent index (ZORI) for ZIP 76711. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,356/yr

At $1,363/mo median

Location

CityWaco

StateTX

CountyMcLennan County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.9% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-0.9% YoY, -1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 76711 (Waco, TX) is roughly split between renters and owners, has a median income below the national average, 15.9% of residents hold a bachelor's degree or higher.

Population

9,676

Median income

$53,185

Median age

33.1

Renters

48.1%

Age distribution

24.7%

28.8%

23.5%

13%

Under 1824.7%

18–3428.8%

35–5423.5%

55–649.9%

65+13%

Gender

51%

49%

Male51%

Female49%

Race & ethnicity

26.3%

69.2%

White26.3%

Black8%

Hispanic69.2%

Asian1.8%

Education (25+)

25.5%

33.3%

25.2%

15.9%

No HS diploma25.5%

HS diploma33.3%

Some college25.2%

Bachelor's+15.9%

Housing tenure

51.9%

48.1%

Owner51.9%

Renter48.1%

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

2021 vs 2026

How ZIP 76711 in Waco, TX has changed in 5 years

Income

$48,333 → $53,185

up 10.0%

Population

10,237 → 9,676

down 5.5%

Renter share

47.9% → 48.1%

+0.2 pts

Bachelor's+

13.6% → 15.9%

+2.3 pts

Median age

32 → 33.1

+1.1 yrs

Census figures show median household income at $53,185 today, compared with $48,333 five years earlier. The population has contracted by 5.5% since 2021, moving from about 10,237 residents to roughly 9,676. College-educated residents now make up 15.9% of adults here, versus 13.6% in 2021.

Community

Discussions about ZIP 76711

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Local insights

Tips for renters in ZIP 76711

About renting in ZIP 76711

Last updated: October 17, 2026

ZIP code 76711 covers Waco, TX. The median rent here is $1,363/mo as of October 2026. A 1-bedroom rents for a median of $1,240/mo. A 2-bedroom rents for a median of $1,530/mo.

At 31% of local median household income ($53,185/yr), ZIP 76711 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 76711?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (about $26/hour full-time) to afford the median rent of $1,363/mo in ZIP 76711. The local median household income is $53,185/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 76711?

Rent in ZIP 76711 has fallen 0.9% over the past year.

How does ZIP 76711 compare to other ZIPs in Texas?

ZIP 76711 is one of the more affordable among Texas ZIP codes for rent, ranking #517 of 693 at $1,363/mo. Over the year to September 2026, rent in ZIP 76711 changed -0.9%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.