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Lorena, TX Home Values and Rents

The typical home value in Lorena is $340,175, 291st highest of 1,004 cities and towns in Texas. Median rent is $867 a month.

Typical home value
$340,175
291st of 1,004 in TX
Median rent
$867/mo
ACS 2020-2024
Price change, 1 year
+0.1%
Sep 2026
Homeownership
79.9%
TX: 62.6%

Home sale prices in the Waco, TX area

Zillow median sale price, Sep 2026

$274,269-1.2% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Lorena

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodLorena
Sep 2026$340,175
Dec 2025$340,995
Dec 2024$344,204
Dec 2023$344,188
Dec 2022$348,216
Dec 2021$307,619
Dec 2020$254,020
Dec 2019$230,943
Dec 2018$218,053
Dec 2017$205,900
Dec 2016$189,901
Dec 2015$175,523
Dec 2014$162,130
Dec 2013$154,601
Dec 2012$152,379

Over five years, Lorena prices changed +14.8%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Waco, TX HUD Metro FMR Area

TX rents
Unit sizeMonthly rentvs FY2026
Studio$903+6.2%
1 bedroom$1,029+3.3%
2 bedrooms$1,297+4.6%
3 bedrooms$1,693+5.9%
4 bedrooms$1,705+3.7%

Frequently asked questions

What is the typical home value in Lorena, TX?
The typical home value in Lorena is $340,175 (Zillow Home Value Index, Sep 2026). The Texas median is $283,800.
How much is rent in Lorena?
The median rent in Lorena is $867 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,297.
Are home prices going up in Lorena?
The typical home value in Lorena changed +0.1% over one year and +14.8% over five years, as of Sep 2026.
How does Lorena compare with the rest of Texas?
Lorena has the 291st highest median home value of 1,004 cities and towns with 1,000+ residents in Texas.