Rent pulse
Rents in Waco are $74 below the McLennan County typical.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
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Top rated
User Recommended · 50+ reviews
Most reviewed
483 Google reviews, 4.5★
Longest established
10+ years in business
Picked by our rules (rating adjusted for review count, number of reviews, years in business), not paid placement.
Tick Compare on up to 3 companies to see them side by side and request quotes from all of them at once.
2300 Washington Ave, Waco, TX 76701
Envision Property Management is a Waco company that manages and leases single-family rental homes, offering online rental applications and a resident portal.
Review summary: Most reviewers describe a professional, respectful team with quick responses and prompt maintenance.
Located in Kelly Realtors, 1229 N Valley Mills Dr, Waco, TX 76710
Beacon Property Management is a Waco company managing single-family homes, multi-family buildings, small apartment complexes, condos and commercial properties in Waco, Hewitt, Woodway, Lorena and nearby towns, with tenant screening, rent collection, maintenance, inspections and accounting.
In their words: “Each of our property managers are specialized in a specific area of the rental process, so you will have access to a management team and not a single property manager.”
Review summary: Reviewers consistently highlight responsive, clear communication and an easy leasing and move-in process.
3909 Sanger Ave, Waco, TX 76710
Roadrunner Property Management, based in Waco, manages rental homes and vacation rentals across Central Texas, including Temple, Belton, Hewitt, Woodway and Killeen, with an in-house maintenance team, marketing, tenant screening, rent collection, inspections and financial reporting.
In their words: “From marketing to maintenance, we handle every aspect of managing your rental property so you can focus on what matters most.”
Review summary: Reviewers are mostly vacation guests who mention clean, comfortable rentals and a responsive host.
2012 Lake Air Dr Ste F, Waco, TX 76710
J R Grace Realty is a Waco property management company handling single-family homes in Waco, Woodway, Hewitt, Robinson, China Spring, Bellmead and Lacy Lakeview, with rental analysis, leasing, tenant screening, in-house maintenance, inspections and reporting.
In their words: “J R Grace starts with your situation, then builds the management strategy around the property.”
Review summary: Most reviewers mention responsive staff and an easy process for finding a home, though several recent tenants report slow repairs.
2505 Washington Ave #12, Waco, TX 76710
Compass Property Services is a Waco company that manages rental properties and provides in-house maintenance, repairs, cleaning and remodeling, along with buyer's agent and investor acquisition services.
In their words: “We not only offer property management services but also have our own maintenance and remodeling staff available at a discount to our clients.”
Review summary: Most reviewers describe a responsive, friendly team that finds tenants and keeps rental homes well maintained.
209 Old Hewitt Rd Suite 1, Waco, TX 76712
Real Property Management Apex is a Waco office of the Real Property Management franchise, managing single-family homes in the Waco area, Bell County and Central Texas, with tenant screening, leasing, maintenance, rent collection and evictions.
In their words: “Real Property Management Apex is not a real estate brokerage with a side-business in property management.”
Review summary: Most reviewers describe helpful, responsive staff who look after both property owners and tenants.
4700 Bosque Blvd Ste A, Waco, TX 76710
Orange Pin Property Management is a Waco company of landlords and property managers handling residential and commercial rentals, including leasing, rent collection, maintenance requests and an online tenant portal.
100 N 6th St #802, Waco, TX 76701
GBT Property Management is a Waco company managing rental homes in Corsicana, Dallas-Fort Worth, Waco, Katy, College Station, Bryan, Houston and Conroe, with marketing, tenant screening, rent collection, maintenance coordination, lease-only and owner finance options.
In their words: “We offer dedicated property management services and high-quality rentals in Corsicana, Dallas-Fort Worth, Waco, Katy, College Station, Bryan, Houston and Conroe, Texas.”
Review summary: Most reviewers are tenants who describe kind, patient and helpful staff during the leasing process.
Alliance Property Management has operated in Waco since 2012, managing residential and commercial properties across Waco and Central Texas, with leasing, sales and investment services alongside full-service management.
In their words: “Since 2012, we've proudly built lasting relationships grounded in integrity, expertise, and personalized attention.”
Review summary: Most reviewers describe helpful, responsive staff and maintenance requests handled quickly and well.
1229 N Valley Mills Dr, Waco, TX 76710
Solaris Management Group manages apartments, associations, commercial properties, single-family homes, RV parks and short-term rentals in Waco, providing maintenance, rent collection, accounting, tenant screening and lease preparation.
Review summary: Most reviewers describe a kind, responsive property manager who cares about tenants and properties.
2012 Lake Air Dr D, Waco, TX 76710
Bluebonnet Properties is a property management company with an office in Waco, Texas, that leases and maintains rental properties and works with tenants on rentals, lease renewals and maintenance requests.
1621 James Ave, Waco, TX 76706
Paramount Realty & Management is a Waco real estate company that manages HOAs, condominium associations, individually owned homes, lofts, apartments and commercial property across Central and North Texas, alongside residential and commercial sales.
In their words: “Paramount Realty currently manages 20 local subdivision and condominium associations that represent over 2500 households.”
Merit Building East, 4800 Lakewood Dr Suite 1, Waco, TX 76710
Shamrock Property Management has managed residential investment properties in the Waco area since 1997, focusing on single-family homes and small multifamily properties with leasing, maintenance, inspections, accounting and real estate brokerage.
In their words: “We're particularly well suited to owners of multiple single-family homes and small multifamily properties who value professional oversight, consistent operations, and long-term property performance.”
Cromwell Management Co has managed Waco investment properties since 1969, including single-family homes, apartments, commercial, office-warehouse and retail space and HOAs, with leasing, maintenance, marketing, accounting and project management.
In their words: “Founded in 1969, we have continuously managed Waco investment properties maintaining a solid reputation of honesty, integrity, and excellent service.”
1201 S 8th St, Waco, TX 76706
Campus Realtors is a Waco property management company focused on the neighborhoods around Baylor University, managing single-family homes, duplexes and apartment complexes largely rented to students, with leasing, rent collection and maintenance.
In their words: “We offer complete management services, including leasing, rent collection, tenant communications, maintenance and more.”
Review summary: Reviewers often describe a helpful, friendly leasing staff and good communication throughout the rental process.
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Pins show office addresses; numbers match the Best match order. Companies that don't publish an address are listed as "Serves the Waco area" and get no pin.
Get the latest rental and real estate data on the Waco market. We update these charts with the latest data on the 22nd of each month.
Rents in Waco are $74 below the McLennan County typical.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Rent rose in 5 of the last 12 months: +$10 in all since Oct 2025.
Green: rent went up that month. Grey: it went down.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Waco's typical asking rent is $74 (5.2%) below the county. The gap is growing compared with a year ago.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Waco is number 3 of 3 cities in the county by typical asking rent.
Cities with at least 13 months of Zillow data. Left out (too few months): Lacy-Lakeview, Robinson. Linked cities have their own page.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed, 1-year change. Data through September 2026.
Rents here usually rise most in April, May and June, so those are good months to list your rental.
Average change from the month before, 11 years of data.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Past growth, not a forecast. Rents can go down as well as up. Your own rent depends on the home, its condition and the lease.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
| City | Typical rent | 1 year | Managers |
|---|---|---|---|
| Waco | $1,342 | +0.8% | 15 |
| Hewitt | $1,650 | +1.0% | 3 |
| Temple | $1,383 | +0.4% | 7 |
| Belton | $1,557 | −0.7% | 5 |
| Nolanville | $1,560 | 0 | |
| Harker Heights | $1,459 | +1.2% | 9 |
| Killeen | $1,259 | −0.7% | 18 |
Source: Zillow Observed Rent Index (ZORI), typical asking rent, data through September 2026. Managers listed: our directory, October 2026.
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020-2024.
Source: U.S. Department of Housing and Urban Development, Fair Market Rents for fiscal year 2027, Waco, TX HUD Metro FMR Area. Used to set Housing Choice Voucher (Section 8) limits.
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Compare the 15 property management companies in Waco, McLennan County. Tick up to 3 to see them side by side, then request free quotes from all of them in one step. Highly rated managers based nearby, in Lorena and Hewitt, are listed below the local companies.
Zillow's typical asking rent in Waco is $1,342 (September 2026); +0.8% over the past year and +22.6% over five years. About 50.6% of homes in Waco are rented, and the rental vacancy rate is 4.7% (Census, 2020-2024).
We list 15 property management companies in Waco, TX.
Zillow's typical asking rent in Waco was $1,342 a month in September 2026, +0.8% on a year earlier.
Over the 11 years Zillow has tracked, asking rents here have risen most in April, May and June. Listing in those months can help, but every property is different.
Fees depend on the company, the property and the services you need, and few companies publish them. Ask for a written quote that lists the monthly fee, leasing fee and any other charges. You can request quotes from up to 3 managers at once on this page.
The default order, Best match, uses each company's Google rating adjusted for how many reviews it has, so a 4.8 rating from 100 reviews ranks above a 5.0 from 2. No company can pay for its position.
Yes. Requesting quotes is free for property owners and there is no obligation to hire anyone.