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McGregor, TX Homes for Rent

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  • /14

    Starting at $825 Per Month

    • 1 - 2 Beds

    400 Johnson Dr, McGregor, TX 76657

    Barcelona Apartments

    (254) 382-2961

    400 Johnson Dr, McGregor, TX 76657
  • /18

    $1,650 Per Month

    • 3 Beds
    • 2 Baths
    • 1,315 Sq Ft
    • House for Rent

    706 S Main St, McGregor, TX 76657

    Property Id: 803475Description of the property coming soon! McGregor Texas.

    (254) 382-8616

    706 S Main St, McGregor, TX 76657
  • /11

    $1,595 Per Month

    • 3 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • 1204-1206 Sironia Trail

    1204-1206 Sironia Trail Unit 1206 Sironia Trl, McGregor, TX 76657

    1204-1206 Sironia Trail Unit 1206 Sironia Trl, McGregor, TX 76657
  • /9

    $1,495 Per Month

    • 3 Beds
    • 2 Baths
    • 1,260 Sq Ft
    • 108-110 Prosperity

    108-110 Prosperity Trail Unit 108 Prosperity Trl, McGregor, TX 76657

    108-110 Prosperity Trail Unit 108 Prosperity Trl, McGregor, TX 76657
  • /10

    $1,550 Per Month

    • 3 Beds
    • 1 Bath
    • 1,074 Sq Ft
    • House for Rent

    1008 Pierce St, McGregor, TX 76657

    Take a look at this quaint 2-bedroom, 1-bath home with a BONUS room right in the heart of McGregor. Thoughtfully updated in 2022 and well cared for since, this home offers a great mix of modern updates at an affordable price.The kitchen comes equipped with stainless steel appliances, including the refrigerator, washer, and dryer, making this home truly move-in ready.Step outside

    1008 Pierce St, McGregor, TX 76657
  • /9

    $1,400 Per Month

    • 3 Beds
    • 1 Bath
    • 1,298 Sq Ft
    • Freshly Renovated 3-Bedroom, 1-Bath

    125 Bowie St, McGregor, TX 76657

    Freshly renovated and full of charm, this 3-bedroom, 1-bath home is move-in ready! Enjoy brand-new flooring throughout, convenient washer and dryer connections, and a spacious fenced backyard—perfect for relaxing or entertaining. Located just minutes from a Amsler park, this home offers comfort, style, and a great location all in one.1 time pet fee of $500 for 1 pet, $250 for 2nd pet. 2

    125 Bowie St, McGregor, TX 76657

Why Live in McGregor

McGregor, TX, a small community west of Waco, is transitioning from an agricultural base to an industrial hub, with SpaceX and other companies driving local employment at McGregor Industrial Park. The town of 6,500 residents benefits from a growing economy while avoiding big-city congestion. Housing development is robust, with more than 200 homes built since 2020, including Craftsman, ranch-style, and Tudor Revival homes. The city plans to add over 600 more homes to meet demand. McGregor Primary, McGregor Elementary, H.G. Isbill Junior High, and McGregor High School are highly rated, with new facilities and expanded programs funded by a recent bond. Residents enjoy local attractions such as Amsler Park, featuring a swimming pool, splash pad, and disc golf course, and Launch Pad Park, with top-tier baseball fields and a rocket-themed playground. Downtown McGregor is revitalizing with new businesses like Old Fashion Meat Market and Franklin Beerworks brewpub. The annual Founder’s Day parade, featuring SpaceX rocket engines, highlights the community spirit. McGregor is well-connected via U.S. Route 84 and Texas state Highway 317, with Waco 20 miles away and Temple nearly 30 miles away. Amtrak and flights from Waco Regional Airport provide access to Dallas.

Frequently Asked Questions

How much does it cost to rent a home in McGregor, TX?
The median rent for a home in McGregor, TX is $1,595 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in McGregor, TX?
To comfortably afford the median rent in McGregor, TX, a household needs to earn roughly $63,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,595 per month in McGregor, TX, renters typically need to show $4,785 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in McGregor, TX?
In McGregor, TX, the price-to-rent ratio is 15.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in McGregor, TX are best for renting a home?
The best neighborhood for renting in McGregor, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Parkdale Viking Hills, North Lake Waco, Kendrick, Brookview and Sanger-Heights, each with its own character and price range.

Rental Trends in McGregor, TX

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,595
Median Single Family Home Rent
$1,650
Median Condo Rent
$1,545
How to Rent a Home