Cheap Apartments for Rent in Waco, TX from $300 (64 Rentals)

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

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Red Oak Townhomes
2 to 3 Bedroom Apartments

Red Oak Townhomes

4510 S 3rd St RdWaco, TX 76706
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The Commodores
1 Bedroom Apartments

The Commodores

1326 S 11th StWaco, TX 76706
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CarMel
1 Bedroom Apartments

CarMel

3638 W Waco DrWaco, TX 76710
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St. James Place
2 Bedroom Apartments

St. James Place

1226 James AveWaco, TX 76706
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Pecan Park
1 Bedroom Apartments

Pecan Park

1725 Sanger AveWaco, TX 76707
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Peppertree
1 to 2 Bedroom Apartments

Peppertree

3309 Robinson DrWaco, TX 76706
Showing Results 1-50, Page 1 of 2

Waco, TX Local Guide

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Written By:
Staff Writer
Local Guide Expert

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Waco Overview

Waco, Texas is known as the state’s heartland—and with good reason. It’s a populous area and a great central location with over 81% of the state’s residents living within a 200-mile radius. Located in McLennan County, the city offers an array of outdoor sports and recreational activities, a lively arts scene, and great historic sites like the Texas Sports Hall of Fame. With many options for great apartmens in Waco available to locals, finding your new home here is a cinch!

Why live in Waco, TX?

Warm and inviting, Waco is emblematic of the Texas heartland. Outdoor enthusiasts enjoy everything from hiking to fishing, and the area’s flourishing arts scene includes the historic Hippodrome Theatre. The equally historic River Square Center is a charming alternative to traditional shopping centers, which you’ll also find in equal abundance in town. Waco has grown in diversity, and it’s a prime spot for growing families and those seeking an authentic Texas experience.

Pet Friendly Lifestyle
Waco, TX

Ranked #153

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waco, TX Rentals by Map

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See the most popular apartments and homes in Waco, TX

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Getting Around Waco, TX

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Waco Apartments

What is the Cheapest Studio apartment in Waco?

Currently the most affordable Cheap Studio Apartment in Waco is at Eagle Crest Apartments listed at $639.

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

The lowest price for a Cheap One Bedroom Waco Apartment is $759 at Eagle Crest Apartments.

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 $839 at Eagle Crest Apartments.

What is the most affordable Waco Three Bedroom Apartment?

The best deal on a cheap Waco Three Bedroom Apartment rental is at University Club Apartments and starts from $949.

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

decorative image for Real Estate Term Glossary: Your Guide to The A to Zs of Renting article

Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.