Rental prices in Baylor, Waco, TX have decreased by 8.82% over the past year. The average rent moved from $1,792 to $1,634.
Check out the average rent in Waco.
The national average price of rental apartments is $1,741, while the average monthly rent in Baylor, Waco, TX is $1,634.
The average monthly rent for an apartment in Baylor, Waco, TX is around $1,634.
A share of 16% of apartments in Baylor, Waco, TX have the cheapest rents between ≤ $1000. Around 11% of rentals are $2,001-$2,500. Around 37% of Baylor's apartments have monthly rents between $1,001-$1,500. There are 20% of apartments with rents between $1,501-$2,000. A share of 13% of apartment rentals in Waco are in the $2,501-$3,000 range. Meanwhile, 2% of apartment rentals in Waco are in the > $3,000 range.
The largest share of rentals in Baylor, Waco, TX (37%) 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, 62% are small-scale complexes with under 50 units, and 19% are single-family rentals.
In total, Baylor, Waco, TX has 3,682 residents, 2,192 women and 1,490 men, per U.S. Census recent estimates. Statistics show that the median age of Baylor’s population is 21.
There is a total of 278 households in Baylor, Waco, TX. Of these, 78 have children and 200 are without children. Per Census Bureau’s most current estimates, 141 family households and 136 non-family households live in this area. The size of a household in Baylor is 1.91 people, on average. The median household annual income in Baylor equals $42,277, and the monthly housing costs equal $1,012.
According to data from the U.S. Census Bureau, 1% of the population in Baylor, Waco, TX have no high school education, 36% went to high-school, and 57% have partially completed college. Moreover, 2% of the population hold an Associate Degree, 3% hold a Bachelor Degree, and 1% hold a Graduate Degree.
