What is the average apartment size in Lacy-Lakeview, Waco, TX?

The average size for a Lacy-Lakeview, Waco, TX apartment is 648 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Lacy-Lakeview?

As of Jan / 2026, the average rent in Lacy-Lakeview is $1,025 per month, a 0.15% decrease from last years average of $1,027.

What is the average apartment size in Lacy-Lakeview?

The typical apartment in Lacy-Lakeview offers about 648 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Lacy-Lakeview, Waco, TX Rental Market Trends

Q: What's the typical rent budget in Lacy-Lakeview?

The typical rent budget in Lacy-Lakeview ranges from to per month, with 65% of rentals in this range.

Q: Do most people rent or own in Lacy-Lakeview?

In Lacy-Lakeview, 39% of households rent while 61% own their homes, based on the latest U.S. Census data.

Last updated: February 25, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Lacy-Lakeview is $1,025, a 0.15% decrease compared to the previous year, when the average rent was $1,027.

One-bedroom apartments provide 558 square feet for $920, balancing privacy and affordability.

Two-beedroom units at $1,269 offer 859 square feet, perfect for roommates or small families.

Average rent in Lacy-Lakeview, Waco, TX

Last updated: February 25, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,025	648 sq. ft.
Studio	n/a	n/a
1 Bed	$920	558 sq. ft.
2 Beds	$1,269	859 sq. ft.
3 Beds	n/a	n/a

Lacy-Lakeview, Waco, TX rent trends

Rental prices in Lacy-Lakeview, Waco, TX have decreased by 0.15% over the past year. The average rent moved from $1,027 to $1,025.

What's the typical rent budget in Lacy-Lakeview, Waco, TX?

The largest share of rentals in Lacy-Lakeview, Waco, TX (65%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Lacy-Lakeview, Waco, TX?

161 or 39% of the households in Lacy-Lakeview, Waco, TX are renter-occupied while 257 or 61% are owner-occupied.

Most affordable neighborhoods in Lacy-Lakeview?

Bellmead $848/month

Carver $918/month

Brookview-Heart of Texas $953/month

All of these neighborhoods fall below the city wide average of $1,338/month.

Most expensive neighborhoods in Lacy-Lakeview?

Brazos $1,594/month

Baylor $1,634/month

Oakwood $2,236/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Waco, TX By Neighborhood

Neighborhood	Average Rent
Oakwood	$2,236
Baylor	$1,634
Brazos	$1,594
Kendrick	$1,480
Alta Vista	$1,271
Landon Branch	$1,160
Richland Hills	$1,053
Lacy-Lakeview	$1,025
Brookview-Heart of Texas	$953
Carver	$918
Bellmead	$848

Waco | Rent Comparison by Neighborhood

Rent in Lacy-Lakeview is 19% lower than in Alta Vista

$1,025

Lacy-Lakeview rent is the same as Waco average

Average Rent $1,025

$1,271

Alta Vista rent is 24% higher than Waco average

Average Rent $1,271

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lacy-Lakeview apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.