Rental prices in Oakwood, Waco, McLennan County, TX have decreased by 4.15% over the past year. The average rent moved from $2,332 to $2,235.
Check out the average rent in Waco.
The national average price of rental apartments is $1,740, while the average monthly rent in Oakwood, Waco, McLennan County, TX is $2,235.
The average monthly rent for an apartment in Oakwood, Waco, McLennan County, TX is around $2,235.
A share of 20% of apartments in Oakwood, Waco, McLennan County, TX have the cheapest rents between $1,001-$1,500. Around 30% of rentals are $2,501-$3,000. Around 28% of Oakwood's apartments have monthly rents between $1,501-$2,000. There are 11% of apartments with rents between $2,001-$2,500. A share of 12% of apartment rentals in Waco are in the > $3,000 range.
The largest share of rentals in Oakwood, Waco, McLennan County, TX (30%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Oakwood, Waco, McLennan County, TX is $1,693.
In Oakwood 61% of the housing is rented out compared to 39% of homes are owned, according to the most recent Census Bureau estimates. 18% of Oakwood's apartments are found in large buildings of 50 units or more, 62% are located in smaller apartment complexes with less than 50 units, and 19% are single-family rentals.
In total, Oakwood, Waco, McLennan County, TX has 1,943 residents, 971 women and 972 men, per U.S. Census recent estimates. Statistics show that the median age of Oakwood’s population is 24.2.
There is a total of 696 households in Oakwood, Waco, McLennan County, TX. Of these, 181 have children and 515 are without children. Per Census Bureau’s most current estimates, 357 family households and 339 non-family households live in this area. The size of a household in Oakwood is 2.68 people, on average. The median household annual income in Oakwood equals $41,656, and the monthly housing costs equal $1,102.
According to data from the U.S. Census Bureau, 4% of the population in Oakwood, Waco, McLennan County, TX have no high school education, 35% went to high-school, and 35% have partially completed college. Moreover, 7% of the population hold an Associate Degree, 13% hold a Bachelor Degree, and 5% hold a Graduate Degree.
