
Cheap Homes for Rent in Waco, MO from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Waco.


304 E 7th St

2017 S Elm St

820 W 1st St

812 W 5th St

507 S Connor Ave

215 W Hudson St

1611 S Walnut St

1906 John F Kennedy St
Waco, MO Local Guide

How much does it cost to rent a home in Waco?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waco 2 Bedroom Homes for Rent | $800 | $700 | $1,050 |
Waco 3 Bedroom Homes for Rent | $1,331 | $1,000 | $1,850 |
Waco 4 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
Browse Top Homes for Rent in Waco
Explore Waco
Waco, MO Local Guide
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Cheapest Available Waco Apartments for Rent and Nearby
 The cheapest available apartment rental in Waco, MO is a 1 Bed unit found at LamBar Place priced from $575. Deer Run Crossing in the Grand Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here is today’s list of the most affordable Waco apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
LamBar Place | Standard | 1BR,1BA | $575 |
Deer Run Crossing | 1 Bed 1 Bath | 1BR,1BA | $635 |
University Digs Apartments | 1 Bedroom w/ Walk in Closet (Large) | 1BR,1BA | $688 |
Best Value Apartments for Rent in Waco, MO and Nearby
As of April 17, 2025 the best value apartment in the Waco area is the $1.13 price per square foot Three Bedroom Model at Birdmaster Drive in the in the Leetown neighborhood starting from $1,850. The second greatest value Waco apartment is the 4 Bedroom 4 Bath Model at The Edge at Rouse starting at $515 with a $0.39 price per square foot . Here is today’s list of the best values for Waco apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Birdmaster Drive | Three Bedroom | 3BR,2.5BA | $1.13 |
The Edge at Rouse | 4 Bedroom 4 Bath | 4BR,4BA | $0.39 |
Ash Place | 55 | 2BR,1BA | $0.66 |
Airport Landings and The Docks Apartments | 3 Bedroom 1 Bath Handicap accessibility | 3BR,1BA | $0.86 |
Pin Oak Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.68 |
Rustic Ridge Villas | 2 Bed 2 Bath | 2BR,2BA | $1.10 |
Ellis Point Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.92 |
Republic Palms | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.05 |
Crimson Villas | Two Bedroom – Two Bath | 2BR,2BA | $0.56 |
Deer Run Crossing | 1 Bed 1 Bath | 1BR,1BA | $0.98 |
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Frequently Asked Questions about Waco
What type of rentals are currently available in Waco?
There are currently 47 Apartments for Rent in Waco, MO with pricing that ranges from $575 to $3,000. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waco ranging from $700 to $1,850.
What is the current price range for Rental Homes in Waco?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waco ranges from $700 to $1,850 with an average monthly rent of $1,079.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.