What percentage of people rent in Waco, TX?

Name: Renters and owners in Waco, TX, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

50.6% (±1.6 points) of the occupied homes in Waco, TX are rented (2020–2024 American Community Survey).

That is 27,258 renting households against 26,648 that own their home.

In Waco, the share of households that rent went from 53.9% in 2015–2019 to 50.6% in 2020–2024 (−3.3 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 50.6% (±1.6 points)
Renting households: 27,258 (±1,041)
Median renter income: $37,674 (±$2,250)

Who rents and who owns in Waco

Tenure, estimate (90% margin of error)
	Waco	McLennan County	Texas	United States
Renter-occupied share	50.6% (±1.6 points)	38.2% (±1.1 points)	37.4% (±0.2 points)	34.8%
Renting households	27,258 (±1,041)	37,183 (±1,202)	4,113,561 (±20,050)	45,017,354
Owning households	26,648 (±925)	60,155 (±1,105)	6,879,255 (±32,101)	84,210,142
Average renter household size	2.3 (±0.1)	2.4 (±0.1)	2.4 (±0.0)	2.3
Average owner household size	2.7 (±0.1)	2.8 (±0.0)	2.9 (±0.0)	2.6
Median renter household income	$37,674 (±$2,250)	$39,947 (±$2,136)	$53,222 (±$285)	$52,966
Median owner household income	$80,638 (±$3,628)	$90,866 (±$1,973)	$100,555 (±$369)	$100,009

In Waco, the renter share is higher than in McLennan County (38.2%).

It is also higher than in Texas (37.4%).

It is higher than the national figure (34.8%).

In McLennan County, Waco ranks 2 of 21 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 77 of 1,421.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Waco has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	53.9% (±1.5 points)	50.6% (±1.6 points)	−3.3 percentage points	Measurable decrease
Median gross rent	$862 (±$17)	$1,165 (±$28)	+35.2%	Up after inflation
Median household income	$40,190 (±$1,495)	$54,365 (±$2,349)	+35.3%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Waco

Nearest places with a published estimate, compared with Waco
Place	Distance	Households that rent	Compared with this place
Waco	—	50.6% (±1.6 points)	—
Beverly Hills	3.2 mi	34.1% (±11.7 points)	Lower
Woodway	4.8 mi	9.2% (±3.6 points)	Lower
Willow Grove	6.3 mi	11.9% (±12.6 points)	Lower
Bellmead	6.6 mi	40.2% (±8.6 points)	Lower
Lacy-Lakeview	7.1 mi	55.8% (±8.1 points)	Not measurably different
Hewitt	7.4 mi	31.7% (±5.2 points)	Lower
Robinson	8.3 mi	21.1% (±4.6 points)	Lower
China Spring	9.3 mi	23.7% (±23.0 points)	Lower

Nearby places with a measurably lower figure: Beverly Hills, TX (34.1%), Woodway, TX (9.2%), Willow Grove, TX (11.9%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across McLennan County, place by place

Rank	Place	Households that rent
1	Lacy-Lakeview	55.8% (±8.1 points)
2	Waco	50.6% (±1.6 points)
3	Bellmead	40.2% (±8.6 points)
4	Mart	36.0% (±9.6 points)
5	West	35.9% (±8.2 points)
6	Beverly Hills	34.1% (±11.7 points)
7	Hewitt	31.7% (±5.2 points)
8	McGregor	31.4% (±9.6 points)

Showing 8 of 21 places in McLennan County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Waco

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Waco, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Waco beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Waco, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Waco

How many renters are there in Waco?

Waco has an estimated 27,258 (±1,041) renting households, 50.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Waco?

In Waco, the share of households that rent went from 53.9% in 2015–2019 to 50.6% in 2020–2024 (−3.3 percentage points), a measurable decrease.

How big are renting households in Waco?

A renting household in Waco has 2.3 people on average, against 2.7 in an owned home.

How much do renters earn in Waco?

The median renting household in Waco, TX has an income of $37,674 (±$2,250) a year, against $80,638 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Waco city, Texas (place:76000, in state:48).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.