Much like other places in this area, it's a lot less expensive compared to the US as a whole. Compared to the city of Dallas, it's significantly less expensive.
Home prices
The median home in Waco costs $125,300. In comparison to its nearby areas this is about $2,860 (2%) higher.It is about $92,200 (42%) lower compared to the United States as a whole, and it is roughly $62,800 (33%) lower in comparison to the city of Dallas.
Rents
The median rent in Waco is $862 per month. It is about $124 (12%) lower compared to its surrounding areas.It is roughly $200 (18%) lower compared to the entire nation, and compared to the city of Dallas is about $190 (18%) lower.
Nearby places
Beverly Hills
Beverly Hills is Waco's neighbor to the southeast. The housing prices there are a lot less expensive. The price of the median home in Beverly Hills is $65,200, which comes out to $60,100 (92%) lower than Waco. The rent there is pretty similar. The median monthly rent in Beverly Hills is $905, which works out to $43 (4%) higher than Waco.
Woodway
Woodway is Waco's neighbor to the southwest. Its housing prices are significantly more expensive. The price of the median home in Woodway is $216,200, which works out to $90,900 (42%) higher than Waco. Rent there is a lot more expensive. The median monthly rent in Woodway is $1,393, which comes out to $531 (38%) higher than Waco.
Bellmead
Bellmead is Waco's neighbor to the northeast. The real estate prices there are a lot less expensive. The value of the median home in Bellmead is $74,600, which works out to $50,700 (67%) lower than Waco. Its rents are somewhat less expensive. Bellmead's median monthly rent is $747, which is $115 (15%) lower than Waco.
Lacy-Lakeview
Lacy-Lakeview is Waco's neighbor to the northeast. Housing prices there are substantially less expensive. The median home in Lacy-Lakeview costs $88,700, which comes out to $36,600 (41%) lower than Waco. Its rents are somewhat less expensive. Lacy-Lakeview's median rent is $729 a month, which is $133 (18%) lower than Waco.
Hewitt
Hewitt is Waco's neighbor to the south. The real estate prices there are somewhat more expensive. The price of the median home in Hewitt is $167,500, which works out to $42,200 (25%) higher than Waco. Rent there is a little more expensive. The median rent in Hewitt is $1,155 a month, which works out to $293 (25%) higher than Waco.
