Cheap Apartments for Rent in Waco, NC from $700 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Waco.

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Waco, NC Local Guide

Cheapest Available Waco Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waco, NC is a 1 Bed unit found at Central School Lofts priced from $702. Residences At Humboldt Lake in the Loray Mill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Waco apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Central School Lofts1 BR, 1BA1BR,1BA$702
Residences At Humboldt Lake1BR/1.0BA1BR,1BA$850
Residence at Humboldt Park1BR/1.0BA1BR,1BA$850
Townhomes @ Humboldt Village1BR/1.0BA1BR,1BA$895
Washington Square Apartments2 Beds, 1 bath2BR,1BA$916
Caitlin StationTwo Bedroom2BR,1BA$927
The Pointe on Lafayette1B/1Ba1BR,1BA$949
Davis Mills1 Bedroom1BR,1BA$1,000
Northway at Fern ForestA1BR,1BA$1,025
Destination at UnionA11BR,1BA$1,035

Best Value Apartments for Rent in Waco, NC and Nearby

As of April 24, 2025 the best value apartment in the Waco area is the $1.19 price per square foot Litchfield Model at Affinity at Hudson in the in the Medical Park neighborhood starting from $1,870. The second greatest value Waco apartment is the 3 Bedroom Townhome Model at Nu Hudson starting at $1,600 with a $1.33 price per square foot in the Newport Landing neighborhood. Here is today’s list of the best values for Waco apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Affinity at HudsonLitchfield3BR,2.5BA$1.19
Nu Hudson3 Bedroom Townhome3BR,1.5BA$1.33
Loray Mill Loftslml22a2BR,2BA$1.34
864 ClemsonFarmhouse - Furnished2BR,2.5BA$0.88
Oaks at Edgemont1bd/1ba-Largest Floor Plan in Gastonia-The Oaks...1BR,1BA$1.25
Central School Lofts2 BR, 1.5BA2BR,1.5BA$0.94
Caitlin StationTwo Bedroom2BR,1BA$1.05
Washington Square Apartments2 Beds, 1 bath2BR,1BA$1.06
The Lofts at Osage MillOne Bed / One Bath1BR,1BA$1.31
The Pointe on Lafayette1B/1Ba1BR,1BA$1.19

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Getting Around Waco, NC

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Waco Apartments

How much is rent for a Cheap One Bedroom Waco Apartment?

The lowest price for a Cheap One Bedroom Waco Apartment is $702 at Central School Lofts.

What is the lowest price for a Cheap Two Bedroom Waco Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waco is starting from $842 at Central School Lofts.

What is the most affordable Waco Three Bedroom Apartment?

The best deal on a cheap Waco Three Bedroom Apartment rental is at Central School Lofts and starts from $968.

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.

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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.

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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.

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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.

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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.