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Rental Market Trends in Woodway, TX

What is the average rent in Woodway, TX?

$1,306/month

Average Rent

745 Sq Ft

Average Apartment Size

-12.3%

Decrease in the Last Year

As of October 2025, the average rent in Woodway, TX is $1,306 per month. This is 20% lower than the national average rent of $1,630/month, making renting in Woodway more affordable than most cities in the US. When you rent an apartment in Woodway, you can expect to pay about per month for a studio, $1,306 for a one-bedroom apartment, and around $1,296 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,760 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,306/month
745 Sq Ft
Two Bedroom
$1,296/month
915 Sq Ft
Three Bedroom
$1,760/month
1,243 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,223/month
887 Sq Ft
Three Bedroom
$1,826/month
1,680 Sq Ft
Four Bedroom
$2,727/month
2,219 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,287/month
1,197 Sq Ft

How much has average rent changed in Woodway, TX?

In the past year, rent has decreased by 12.3%, which averages out to $160 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Woodway, TX
Last Updated October 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Woodway, TX
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
50% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Woodway?

Based on current rent prices, Hewitt Industrial Park is the most affordable neighborhood in Woodway.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hewitt Industrial Park
$1,249/month
742 Sq Ft

What are the most expensive neighborhoods in Woodway?

Based on current rent prices, Hewitt Industrial Park is the most expensive neighborhood in Woodway.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hewitt Industrial Park
$1,249/month
742 Sq Ft

Which Woodway neighborhoods have the most rentals available?

The neighborhood in Woodway with the most apartments available is Hewitt Industrial Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hewitt Industrial Park
$1,249/month
742 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Woodway, TX?

Because the average rent in Woodway is $1,306, you’ll want to make about $4,353 per month or $52,236 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Woodway, TX

142 Available Apartments for Rent

Search for Nearby Apartments

How does Woodway, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Woodway, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Woodway, TX

Apartment Averages

Hewitt Industrial Park

Woodway, TX

Hewitt Industrial Park

Woodway, TX

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Hewitt Average Rent
  • Waco Average Rent

Apartment communities in Woodway we think you'll love

Saddle Brook Apartments

Saddle Brook Apartments

9000 Chapel Dr,
Waco, TX 76712

$1,099 - $1,940

1-3 Beds

Flats on Chapel

Flats on Chapel

9821 Chapel Rd,
Waco, TX 76712

$1,250 - $2,849

1-3 Beds

Azur

Azur

415 Owen Ln,
Waco, TX 76710

$1,068 - $3,552

1-2 Beds

Woodway Park Condominiums

Woodway Park Condominiums

1500-1549 Western Oaks Dr,
Woodway, TX 76712

$1,200

2 Beds

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United States Texas Woodway Rental Trends

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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity