Housing Authority of the City of Waco
4400 Cobbs Dr, Waco, TX, 76710 · ~3,599 units under management
Fair Market Rent by unit size — Waco, TX (2026)
Figures shown are Fair Market Rent for the county this agency primarily serves — the agency's actual payment standard (typically 90–110% of FMR) may differ. Confirm directly with the agency. Full county data: McLennan County
Who this agency serves
Housing Authority of the City of Waco served 2,671 households across 3,610 units (74% occupied) as of HUD's 2025 Picture of Subsidized Households data. The typical assisted household here has an average of 2.5 people, an average annual income of $16,511, and pays an average of $418 per month toward rent.
- Households served
- 2,671 of 3,610 units
- Avg. household income
- $16,511
- Avg. rent paid by household
- $418
- Avg. household size
- 2.5 people
- Households with children
- 54%
- Head of household 62+
- 24%
- Head of household with a disability
- 36%
- Avg. wait to move in
- 20 months
Unit mix: 25% 1-bedroom, 32% 2-bedroom, 42% 3-bedroom.
Source: HUD's Picture of Subsidized Households, 2025— figures reflect this agency's most recent reporting period across all HUD programs it administers, not just Housing Choice Vouchers.
Public housing inspection scores
HUD conducts physical inspections of public housing developments under the REAC (Real Estate Assessment Center) program. Scores run 0–100: 90+ is High Performer, 60–89 is Standard, below 60 is Troubled. This agency administers 2 developments with an average score of 89 (Standard).
| Development | City | Score | Protocol | Inspected |
|---|---|---|---|---|
| ESTELLA MAXEY | Waco | 91 High Performer | NSPIRE | Jul 2024 |
| KATE ROSS ANNEX | Waco | 86 Standard | NSPIRE | Oct 2024 |
Source: HUD REAC Physical Inspection Scores — data reflects the most recent inspection for each development. See Understanding REAC and NSPIRE inspection scores for methodology details.
Am I eligible?
To qualify for a Housing Choice Voucher through Housing Authority of the City of Waco, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI (the Extremely Low Income limit) for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $31,650 |
| 2 people | $36,150 |
| 3 people | $40,650 |
| 4 people | $45,150 |
| 5 people | $48,800 |
| 6 people | $52,400 |
| 7 people | $56,000 |
| 8 people | $59,600 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary. Contact Housing Authority of the City of Waco directly for current availability. Learn more about eligibility →
Income-restricted housing in Waco, TX
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
- Elderly
RESIDENCES AT LAKE WACO
1700 W STATE HWY 6, WACO, TX, 7671279 income-restricted units of 114 totalBuilt 20224% LIHTCCompliance through ~2052 THE RESERVE AT DRY CREEK
701 N OLD TEMPLE HWY, HEWITT, TX, 7664390 income-restricted units of 113 totalBuilt 20184% LIHTCCompliance through ~2048RACHAEL COMMONS
435 LITTLE AVENUE, MCGREGOR, TX, 7665743 income-restricted units of 48 totalBuilt 20174% LIHTCCompliance through ~2047BARRON'S BRANCH II
817 COLCORD AVE., WACO, TX76 income-restricted unitsBuilt 2016Compliance through ~2046BARRON'S BRANCH
817 COLCORD AVE., WACO, TX77 income-restricted units of 92 totalBuilt 2015Compliance through ~2045- Elderly
COSTA ESMERALDA
1516 GURLEY LN, WACO, TX, 76706112 income-restricted units8 1BR, 56 2BR, 40 3BR, 8 4BR+Built 2011Compliance through ~2041 - Elderly
CHERRYWOOD APTS
701 TOKIO RD, WEST, TX, 7669144 income-restricted units36 1BR, 8 2BRBuilt 2011Tax-exempt bondCompliance through ~2041 - Elderly
VILLAGE PLACE APTS
111 VILLAGE PL DR, LORENA, TX, 7665532 income-restricted units16 1BR, 16 2BRBuilt 2010Compliance through ~2040 RIVER PARK APTSNT HOMES
1001 MARTIN LUTHER KING JR BLVD, WACO, TX, 76704124 income-restricted unitsBuilt 2008Compliance through ~2038- Elderly
DRIPPING SPRINGS SENIOR VILLAGE
2405 J J FLEWELLEN RD, WACO, TX, 7670485 income-restricted units of 100 total64 1BR, 36 2BRBuilt 20054% LIHTCCompliance through ~2035 - Elderly
RED OAK APTS (WACO)
4510 S THIRD ST RD, WACO, TX, 7670664 income-restricted units of 80 total16 2BR, 64 3BRBuilt 20054% LIHTCCompliance through ~2035 - Elderly
THE LANDING
2509 E LAKE SHORE DR, WACO, TX, 76705120 income-restricted unitsBuilt 20034% LIHTCCompliance through ~2033 BRAZOS VILLAGE APTS
2525 E LAKE SHORE DR, WACO, TX, 76705144 income-restricted units60 2BR, 44 3BR, 40 4BR+Built 19994% LIHTCCompliance through ~2029COTTAGES OF OAK SPRINGS
1900 WOODGATE DR, WACO, TX, 76712100 income-restricted units of 144 total40 1BR, 88 2BR, 16 3BRBuilt 19964% LIHTCCompliance through ~2026MCGREGOR SENIORS APARTMENTS
1007 S MADISON ST, MCGREGOR, TX, 7665736 income-restricted units28 1BR, 8 2BRBuilt 19954% LIHTCCompliance through ~2025
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Applying with this agency
Application processes and waiting-list status vary by agency — contact Housing Authority of the City of Waco directly using the info above, or read our general guide to how to apply and how waiting lists work.
Evaluating this market
Landlords and investors: see becoming a Section 8 landlord and how to read this market's numbers.