Property Management Companies in Waco, TX

Compare 15 local companies in Waco. Pick up to 3 and send one free quote request.

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Typical asking rent $1,342 · +0.8% in a year See the rental market

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15managers listed
4.2★average Google rating
$1,342typical rent · +0.8% in a year
50.6%of homes rented
$221,700median home value

Top picks in Waco

Picked by our rules (rating adjusted for review count, number of reviews, years in business), not paid placement.

15 property managers in Waco

Tick Compare on up to 3 companies to see them side by side and request quotes from all of them at once.

Best match = Google rating adjusted for number of reviews. How it works

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  • Envision Property Management

    ★ User Recommended · 50+ reviews4.9★ from 80 Google reviews; newest reviews average 4.6★. Score = rating adjusted for review count. Read all reviews on Google

    2300 Washington Ave, Waco, TX 76701

    4.9 (80 Google reviews)Recently reviewed

    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.

  • Beacon Property Management

    ★ User Recommended5★ from 24 Google reviews; newest reviews average 4.9★. Score = rating adjusted for review count. Read all reviews on Google

    Located in Kelly Realtors, 1229 N Valley Mills Dr, Waco, TX 76710

    5.0 (24 Google reviews)

    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.

  • Roadrunner Property Management

    3909 Sanger Ave, Waco, TX 76710

    4.8 (29 Google reviews)Recently reviewed

    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.

  • J R Grace Realty

    100+ Google reviews4.5★ from 483 Google reviews; newest reviews average 3.5★. Score = rating adjusted for review count. Read all reviews on Google

    2012 Lake Air Dr Ste F, Waco, TX 76710

    4.5 (483 Google reviews)Recently reviewed

    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.

  • Compass Property Services

    50+ Google reviews4.5★ from 84 Google reviews; newest reviews average 4.3★. Score = rating adjusted for review count. Read all reviews on Google

    2505 Washington Ave #12, Waco, TX 76710

    4.5 (84 Google reviews)

    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.

  • Real Property Management Apex

    209 Old Hewitt Rd Suite 1, Waco, TX 76712

    4.4 (29 Google reviews)Recently reviewed

    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.

  • Orange Pin Property Management

    4700 Bosque Blvd Ste A, Waco, TX 76710

    5.0 (1 Google review)

    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.

  • GBT Property Management

    100 N 6th St #802, Waco, TX 76701

    4.1 (9 Google reviews)

    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

    🏅 10+ years in business

    3701 W Waco Dr, Waco, TX 76710

    4.0 (87 Google reviews)

    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.

  • Solaris Management Group

    1229 N Valley Mills Dr, Waco, TX 76710

    3.4 (5 Google reviews)

    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.

  • Bluebonnet Properties

    2012 Lake Air Dr D, Waco, TX 76710

    3.8 (20 Google reviews)

    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.

  • Paramount Realty & Management

    1621 James Ave, Waco, TX 76706

    3.6 (25 Google reviews)

    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.”

  • Shamrock Property Management

    🏅 20+ years in business

    Merit Building East, 4800 Lakewood Dr Suite 1, Waco, TX 76710

    3.7 (96 Google reviews)

    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

    🏅 20+ years in business

    1725 Columbus Ave, Waco, TX 76701

    3.7 (155 Google reviews)

    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.”

  • Campus Realtors

    1201 S 8th St, Waco, TX 76706

    3.4 (144 Google reviews)

    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.

The map needs JavaScript. Every company's address is in its card.

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.

Waco rental market

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.

Rent pulse

Typical asking rent$1,342a month in Waco
1-year change+0.8%county +1.9%
5-year change+22.6%county +22.1%
vs county−$74county typical $1,416

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.

12-month momentum

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.

Rent over time

$1,000$1,100$1,200$1,300$1,400$1,50020222023202420252026
WacoMcLennan County

Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.

City premium over county

Now
−$74
1 year ago
−$58
5 years ago
−$65

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.

McLennan County rent ladder

Waco is number 3 of 3 cities in the county by typical asking rent.

  1. Hewitt$1,650+1.0%
  2. Woodway$1,618+7.1%
  3. Waco$1,342+0.8%

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.

Best months to list

Rents here usually rise most in April, May and June, so those are good months to list your rental.

  1. Jan−0.22%
  2. Feb+0.22%
  3. Mar+0.55%
  4. Apr+1.09%
  5. May+0.97%
  6. Jun+0.88%
  7. Jul+0.38%
  8. Aug+0.55%
  9. Sep+0.05%
  10. Oct+0.44%
  11. Nov+0.05%
  12. Dec+0.21%

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.

Rental income growth calculator

In 1 year at 0.75% (last year's local growth)–
In 5 years at 4.15% a year (5-year local average)–

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.

Rent in nearby cities

CityTypical rent1 yearManagers
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$1,5600
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.

More local facts for owners

Renters and vacancy

50.6%of homes in Waco are rented (27,258 households)
Rental vacancy rate
4.7%
County vacancy rate
4.8%
Median rent paid
$1,165
Median home value
$221,700

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020-2024.

HUD Fair Market Rents

Studio$903
1 bedroom$1,029
2 bedrooms$1,297
3 bedrooms$1,693
4 bedrooms$1,705

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.

Where Waco managers also work

Areas the companies on this page list on their own websites. Linked places have their own page.

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Property management in Waco

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).

Waco property management FAQ

How many property management companies are in Waco?

We list 15 property management companies in Waco, TX.

What is the typical rent in Waco?

Zillow's typical asking rent in Waco was $1,342 a month in September 2026, +0.8% on a year earlier.

When is the best time to list a rental in Waco?

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.

How much do property managers charge in Waco?

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.

How do you rank the companies?

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.

Is it free to request quotes?

Yes. Requesting quotes is free for property owners and there is no obligation to hire anyone.

Property managers near Waco

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