Median Age
44 Years
Largest Age Group
65-74 Years
Approximately 13% of Residents
Under 20
25%
Over 65
28%
Woodway
Woodway, TX Area Guide
Avg Rent
$1,168
Population
9,885
Renter Mix
13% Rent
The lakeside city of Woodway has it all in central Texas
Suburban
•
Lake
•
Convenient
•
Commuter
•
Woodway is situated just five miles outside of Waco, and is a vast residential area that provides a peaceful setting near the conveniences of the city. Ranch-style homes are perched on large lots with well-maintained lawns, and there are three parks within the neighborhood’s boundaries for residents to enjoy.
Most residents of Woodway drive to Waco for a greater selection of entertainment and dining options, but Woodway does provide plenty of opportunities to experience the beauty of Texas. Carleen Bright Arboretum is a 16-acre garden botanical garden and preserve that double as event space. Lake Waco to the north is obviously a prominent calling card for the area, as it’s the easiest way to beat the Texas in summer. With US-84 and I-35 nearby, Woodway commuters can get to Waco, Dallas-Forth Worth, or Austin easily.
Demographics
Median Household Income
$111,921
Average: $138,116
Education
4,178
Residents Have a Degree
Job Market
4,420
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Woodway has more homeowners than renters.
Renters
13%
Non-Renters
87%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
40%
Other Education
60%
Rent Trends
As of April 2026, the average apartment rent in Woodway, TX is $1,168 for one bedroom, $1,221 for two bedrooms, and $1,680 for three bedrooms. Apartment rent in Woodway has decreased by -12.1% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,168/month
745 Sq Ft
House
$1,638/month
1,250 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Woodway, TX is for everyday living.
Fairly Walkable
Walkability
40
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Somewhat Bikeable
Bikeability
30
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Carleen Bright Arboretum
- Cameron Park Zoo
- Cameron Park
- Mayborn Museum
- Waco Mammoth Site
Commuter Rail
Military Bases
Airports
- Waco Regional
Top Apartments in Woodway
Houses for Rent in Woodway
Search Nearby Rentals
Nearby House Rentals
Nearby City Guides
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.