Rental prices in Baylor, Waco, TX have decreased by 5.4% over the past year. The average rent moved from $1,816 to $1,717.
Check out the average rent in Waco.
The national average price of rental apartments is $1,740, while the average monthly rent in Baylor, Waco, TX is $1,717.
The average monthly rent for an apartment in Baylor, Waco, TX is around $1,717.
A share of 12% of apartments in Baylor, Waco, TX have the cheapest rents between ≤ $1000. Around 4% of rentals are $2,001-$2,500. Around 42% of Baylor's apartments have monthly rents between $1,001-$1,500. There are 18% of apartments with rents between $1,501-$2,000. A share of 17% of apartment rentals in Waco are in the $2,501-$3,000 range. Meanwhile, 6% of apartment rentals in Waco are in the > $3,000 range.
The largest share of rentals in Baylor, Waco, TX (42%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Baylor, Waco, TX is $1,693.
In Baylor, 61% of the residents are renting compared to 39% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 18% of Baylor's rentals, 61% are small-scale complexes with under 50 units, and 19% are single-family rentals.
In total, Baylor, Waco, TX has 3,680 residents, 2,152 women and 1,528 men, per U.S. Census recent estimates. Statistics show that the median age of Baylor’s population is 22.
There is a total of 286 households in Baylor, Waco, TX. Of these, 74 have children and 211 are without children. Per Census Bureau’s most current estimates, 147 family households and 139 non-family households live in this area. The size of a household in Baylor is 2.57 people, on average. The median household annual income in Baylor equals $41,656, and the monthly housing costs equal $1,102.
According to data from the U.S. Census Bureau, 1% of the population in Baylor, Waco, TX have no high school education, 35% went to high-school, and 58% have partially completed college. Moreover, 2% of the population hold an Associate Degree, 4% hold a Bachelor Degree, and 1% hold a Graduate Degree.
