Market Summary

Waco, Mclennan County, TX

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Median Home Price Price

$191,246 $191.2K

Median Monthly Rent Rent

$1,324 $1.3K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within McLennan County

Region Price Rent GRM Display
$136,231 $1,301 9.0x
$296,225 $1,317 19.0x
$191,083 $1,357 12.0x
$291,887 $1,765 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TX outside of McLennan County

Region Price Rent GRM Display
$217,312 $1,434 13.0x
$186,715 $1,350 12.0x
$220,016 $1,238 15.0x
$214,216 $1,712 10.0x
$209,080 $1,340 13.0x
$317,962 $1,271 21.0x
$204,353 $1,317 13.0x
$343,430 $1,320 22.0x
$240,019 $1,306 15.0x
$231,093 $1,401 14.0x
$173,442 $1,429 10.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of TX

Region Price Rent GRM Display
$312,350 $1,376 19.0x
$300,177 $1,964 13.0x
$318,833 $1,256 21.0x
$408,932 $2,028 17.0x
$169,074 $1,015 14.0x
$436,020 $1,202 30.0x
$270,494 $1,180 19.0x
$194,402 $1,157 14.0x
$500,735 $1,258 33.0x
$125,628 $878 12.0x
$214,074 $1,090 16.0x
$276,744 $1,522 15.0x
$159,932 $894 15.0x
$438,216 $1,350 27.0x
$408,344 $2,235 15.0x
$143,482 $1,334 9.0x
$335,310 $1,337 21.0x
$351,665 $1,921 15.0x

Home prices

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Monthly rent

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GRM

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Waco

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Trend Insights

Median Rent in Waco, TX is $1,324, with MoM change +$6 and YoY change +$14 pointing to positive momentum while volatility is low (std $6).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Waco, TX.

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Metric
Base market Waco, TX
Compare market Select a market
Delta vs base
Median rent
$1,324
N/A
Median price
$191,246
N/A
YoY change
+$14
N/A
Price-to-rent
12.0x
Data unavailable
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