Waco, TX: 2-bedroom payment standards across 20 ZIP codes

HUD's FY2026 Small Area Fair Market Rents for Waco, TX HUD Metro FMR Area range from $1,240 to $1,620 for a 2-bedroom. The 90th-percentile ZIP code runs 1.21× the 10th — a gap of $263 a month — which ranks 210th widest of the 247 HUD metro areas we compare.

ZIP-level standards are optional here. Waco, TX is not one of HUD's 65 designated Small Area FMR areas, so a housing authority may set one payment standard for the whole area, or adopt ZIP-level exception standards of up to 110% of a ZIP's published SAFMR. Where a single area-wide standard is used, the 5 ZIP codes below marked "above 110%" sit above the highest ceiling that basic policy reaches. Confirm what applies with the PHA that issued the voucher.
$1,250

median 2-bedroom SAFMR across the area's 20 ZIP codes. Where a housing authority sets a single metro-wide standard, it could reach $1,375 at 110%.

$263

monthly gap between the 90th- and 10th-percentile ZIP code ($1,240 to $1,503).

25.0%

of the area's ZIP codes (5 of 20) sit above $1,375 — 110% of the area median.

Highest-rent ZIP codes in Waco, TX

76643$1,62076711$1,53076638$1,50076712$1,46076701$1,44076657$1,36076702$1,25076703$1,25076708$1,25076714$1,25076716$1,25076557$1,24076561$1,24076640$1,24076654$1,24076704$1,24076705$1,24076707$1,24076710$1,24076798$1,240area median $1,250
2 BR Small Area FMR area median across all 20 ZIPs

Every ZIP code, ranked

The payment-standard column is HUD's published 90–110% band for that ZIP code — the range a housing authority may adopt without HUD approval. Your PHA sets the exact figure. The final column compares each ZIP to the area median; ZIP codes marked above 110% exceed 110% of that median — where a housing authority sets a single area-wide standard, those sit above the highest ceiling basic policy reaches.

Showing 20 of 20 ZIP codes
# ZIP code 2 BR SAFMR Payment standard (90–110%) vs area median
176643$1,620$1,458–$1,782above 110%
276711$1,530$1,377–$1,683above 110%
376638$1,500$1,350–$1,650above 110%
476712$1,460$1,314–$1,606above 110%
576701$1,440$1,296–$1,584above 110%
676657$1,360$1,224–$1,496109%
776702$1,250$1,125–$1,375100%
876703$1,250$1,125–$1,375100%
976708$1,250$1,125–$1,375100%
1076714$1,250$1,125–$1,375100%
1176716$1,250$1,125–$1,375100%
1276557$1,240$1,116–$1,36499%
1376561$1,240$1,116–$1,36499%
1476640$1,240$1,116–$1,36499%
1576654$1,240$1,116–$1,36499%
1676704$1,240$1,116–$1,36499%
1776705$1,240$1,116–$1,36499%
1876707$1,240$1,116–$1,36499%
1976710$1,240$1,116–$1,36499%
2076798$1,240$1,116–$1,36499%
Heads up: The figure above is the HUD Fair Market Rent. Your local Public Housing Authority (PHA) sets the actual payment standard — usually between 90% and 110% of it — so confirm your exact amount with the PHA that issued the voucher.

How Waco, TX compares

Its internal spread of 1.21× (p90 ÷ p10) ranks 210 of 247 HUD metro FMR areas, against a median of 1.37× and a national high of 1.77×. On the steadier p75 ÷ p25 measure it is 1.11×. Note that this area's 90th or 10th percentile lands exactly on its highest or lowest ZIP code, so a single ZIP is carrying the p90/p10 figure — the p75/p25 measure is the better read here. See the full ranking and how it was measured →

A note on what this does not mean: a higher payment standard does not increase the assistance a household receives. It raises the ceiling on the rent a voucher can cover, while the household still pays roughly 30% of adjusted income. Figures are ZIP-weighted, not renter-weighted, and rest on 2019–2023 American Community Survey data trended forward.

This page shows official HUD Fair Market Rent data for general educational use — it is not legal, financial, or housing advice, and is not a guarantee of any voucher amount. Your local Public Housing Authority sets the actual payment standard and approves rents. Always confirm with your PHA and the official HUD FMR data.

Check a rent against a ZIP code → All 247 metro areas →