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Affordable
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These days, finding an affordable place to live in the Waco area can be challenging. Home prices in Waco are now at a median cost of $247,738, lower than the Georgia average of $324,634.
The average cost of rent is $1,118/mo in Waco, primarily driven by the current value of real estate in the Waco area. In Waco, 24.99% of households rent, and 48.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waco is $6,622 per month. Households that rent pay about 16.88% of their income on rent here. Waco’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Crossing, GA: equally priced homes
- Mount Zion, GA: equally priced homes
- Tallapoosa, GA: less expensive homes
- Bowdon Junction, GA: equally priced homes
- Jonesville, GA: equally priced homes
- Bremen, GA: equally priced homes
- Muscadine, AL: less expensive homes
- Bowdon, GA: equally priced homes
- Farmers High, GA: higher priced homes
- Ranburne, AL: equally priced homes
Cities with Similar Populations
- Danville, AR: less expensive homes
- Raceland, KY: less expensive homes
- Stryker, OH: less expensive homes
- Ajo, AZ: less expensive homes
- Tecumseh, KS: less expensive homes
- Vanderwagen, NM: less expensive homes
- Pierson, FL: higher priced homes
- Frankfort, MI: higher priced homes
- Fort Loramie, OH: higher priced homes
- Farmingdale, ME: higher priced homes
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