Cheap Apartments for Rent in Waco, TX from $300 (69 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
Showing Results 1-50, Page 1 of 2

Waco, TX Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Waco, TX

Pricing Updated: 02/18/2025

Current apartment rentals in the Waco, TX area range in price from $600 to $3,835 with an overall median price of $1,701. The three Waco neighborhoods with the lowest median rent pricing are Parkdale at $850, Carver at $600, and Brook-Oaks at $600. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Waco Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Parkdale$1,394$8502385
Carver$1,634$6009195
Brook-Oaks$1,655$6008438
Richland Hills$1,659$8502436
Landon Branch$1,667$6007572
Heart of Texas$1,672$6003575
South End$1,703$6908666
Brazos$1,712$6909068
Downtown Waco$1,712$6909026
East Riverside$1,712$6759053

Cheapest Available Waco Apartments for Rent

 

The cheapest available apartment rental in Waco, TX is a Studio unit found at Eagle Crest Apartments in the Carver neighborhood priced from $639. University Club Apartments in the Carver neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Waco apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eagle Crest ApartmentsEfficiency/StudioStudio,1BA$639
University Club ApartmentsOne Bedroom1BR,1BA$799
Sunrise PointeA11BR,1BA$850
The EdmondThe Brazos1BR,1BA$855
Eleven06 on 35A1-U1BR,1BA$890
Heritage SquareA1BR,1BA$894
Legacy Ridge1x11BR,1BA$895
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$900

Best Value Apartments for Rent in Waco, TX

As of February 18, 2025 the best value apartment in the Waco area is the $1.12 price per square foot 3 Bedrooms 2 Baths Model at 19Eleven in the in the North End neighborhood starting from $1,549. The second greatest value Waco apartment is the C1 Wrangler Model at The Residence at CTM starting at $1,564 with a $1.23 price per square foot in the Alta Vista 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.
19Eleven3 Bedrooms 2 Baths3BR,2BA$1.12
The Residence at CTMC1 Wrangler3BR,2BA$1.23
MeadowParkTownhome2BR,2.5BA$1.14
URSA2BR/2BA - Flat - Pool View2BR,2BA$1.20
Legacy Ridge1x11BR,1BA$1.05
Waco Apartments2BR/1.0BA2BR,1BA$1.10
Sunrise PointeB12BR,1BA$1.20
The Meadows ApartmentsTwo Bedroom2BR,1BA$1.21
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$1.23
2528 McFerrin Ave, Unit A2528 McFerrin Ave1BR,1BA$1.04

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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 #165

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.

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