ZIP 76706 — Waco, TX: rental yield & market data

Gross rental yield of 6.73% — ranked #328 of 741 Texas ZIP codes. June 2026 data.

Gross rental yield
6.73%
Home value
$256,497
Market rent / mo
$1,439
Price-to-rent
14.9

Trend

Metric1-year change5-year change
Home value+0.0% +24.8%
Market rent-1.2% +21.9%

Metro: Waco, TX · County: McLennan County · Annual rent: $17,268

Comparable ZIP codes in Texas

Similar home values, sorted by yield — the cheapest way to see if 76706 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
77568La MarqueTX$255,604$1,9739.26%10.8-3.2%
75114CrandallTX$257,270$1,9118.91%11.2-4.7%
76310Wichita FallsTX$256,361$1,8018.43%11.9+1.7%
76537JarrellTX$257,037$1,7708.26%12.1-5.3%
77031HoustonTX$256,252$1,7007.96%12.6-3.0%
77521BaytownTX$256,269$1,5777.39%13.5-1.0%
77563HitchcockTX$257,594$1,3396.24%16.0-0.8%
76059KeeneTX$256,235$1,2005.62%17.8-3.5%

Top rental yields in all of Texas →

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