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Located halfway between Dallas and Austin along Interstate 35, Waco combines small-town charm with growing urban energy. This historic city, anchored by the iconic Brazos River and the landmark ALICO building, features a revitalized downtown and expanding business district. The rental market presents diverse options, with three-bedroom homes averaging $1,375 monthly and offering generous living spaces averaging 1,173 square feet.
The Woodway and Hewitt areas feature tree-lined streets and established neighborhoods, while the communities near Cameron Park provide easy access to downtown amenities. The thriving medical district, home to both Ascension Providence and Baylor Scott & White hospitals, anchors the Castle Heights and Brook Oaks neighborhoods. Downtown's recent renaissance, centered around the popular Magnolia Market and the Dr Pepper Museum, has brought new energy to the historic Sanger-Heights district.
Waco's economic foundation includes Baylor University, major healthcare systems, and expanding tech sector companies like SpaceX. The city offers convenient commuting via Interstate 35 and Highway 6, while Waco Regional Airport connects to major hubs. The extensive riverwalk system and 416-acre Cameron Park provide outdoor recreation opportunities, complemented by the cultural offerings of multiple museums and the historic Waco Hippodrome theatre. The local dining scene continues to evolve, with new restaurants and coffee shops enriching both the central city and surrounding neighborhoods.
Frequently Asked Questions
Average Rent Rates
What's the average rent for a house in Waco, TX?
House averages in Waco, TX varies based on size.
- $1,212 for a 2-bedroom house in Waco, TX
- $1,750 for a 3-bedroom house in Waco, TX
- $2,225 for a 4-bedroom house in Waco, TX
Education
What elementary schools are in Waco, TX?
There are several great elementary schools in Waco, TX. ForRent.com can help you find a house near China Spring Elementary School, South Bosque Elementary School, Woodway Elementary School, and others.
What middle schools are in Waco, TX?
ForRent.com can help you find a new house in Waco, TX, near middle schools like Lake Air Montessori School, Bosqueville Middle, Gholson School, and others.
What high schools are in Waco, TX?
Search ForRent.com to find a new house in Waco, TX, located near high schools like Midway High School, Bosqueville High School, Gholson School, and others.