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from $6551 Bedroom Apartments Contact Us For Availability
Highlander Square Apartments
4000 N 19th StWaco, TX 76708
Cheap Apartments for Rent in Waco, TX from $300 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Waco.
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from $659Studio to 2 Bedroom Apartments Available Jul 11
Eagle Crest Apartments
4120 Bellmead DrWaco, TX 76705
3701 Sleeper Ave
WacoTX76707
2400 Washington Ave
WacoTX76701
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from $7501 to 3 Bedroom Apartments Available Now
Historic Lofts at Waco High
815 Columbus AveWaco, TX 76701
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from $7981 to 2 Bedroom Apartments Available Jun 1
Eleven06 on 35 Apartments
1106 Hooks StWaco, TX 76705
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $7991 to 2 Bedroom Apartments Available Jun 13
Brazos Park Apartments
1800 N Martin Luther King Jr BlvdWaco, TX 76704
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Rent Specials
from $7991 to 3 Bedroom Apartments Available Now
Saddle Brook Apartments
9000 Chapel DrWaco, TX 76712
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from $7991 to 4 Bedroom Apartments Available Now
University Club Apartments
1725 N Martin Luther King Jr BlvdWaco, TX 76704
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2824 Gorman Ave
WacoTX76707
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from $8501 to 2 Bedroom Apartments Contact Us For Availability
Sunrise Pointe
901 Wooded Acres DrWaco, TX 76710
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from $8611 to 2 Bedroom Apartments Available Now
Sandstone
5101 Sanger AveWaco, TX 76710
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from $875Studio to 3 Bedroom Apartments Available Now
The Colony Apartments
8014 W Highway 84Waco, TX 76712
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
3104 Harrison St
WacoTX76705
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Waco's Best Affordable Neighborhoods
Learn about Waco and the best places to live with original content written by our Texas Local Expert Rhonda R Fletcher
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Showing Results 1-46, Page 1 of 1
Waco, TX Local Guide
How much does it cost to rent an apartment in Waco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Waco Studio Apartments | $1,114 | $659 | $1,935 |
| Cheap Waco 1 Bedroom Apartments | $1,306 | $655 | $3,250 |
| Cheap Waco 2 Bedroom Apartments | $1,449 | $770 | $3,445 |
| Cheap Waco 3 Bedroom Apartments | $1,510 | $700 | $3,613 |
| Cheap Waco 4 Bedroom Apartments | $1,195 | $675 | $2,900 |
Browse Top Apartments in Waco
See all Apartments in WacoExplore Waco
Waco, TX Local Guide
Written By:
Staff Writer Local Guide Expert
- Waco Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Waco, TX
Pricing Updated: 05/19/2025Current apartment rentals in the Waco, TX area range in price from $599 to $3,613 with an overall median price of $1,501. The three Waco neighborhoods with the lowest median rent pricing are North Waco at $655, Downtown Waco at $599, and East Riverside at $599. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Waco Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| North Waco | $1,271 | $655 | 77 |
| Downtown Waco | $1,325 | $599 | 113 |
| East Riverside | $1,325 | $599 | 117 |
| Timbercrest | $1,330 | $599 | 86 |
| Carver | $1,349 | $655 | 115 |
| South End | $1,350 | $599 | 92 |
| Brookview | $1,375 | $695 | 78 |
| Brook-Oaks | $1,379 | $655 | 94 |
| Parkdale | $1,444 | $795 | 104 |
| North End | $1,449 | $655 | 80 |
Cheapest Available Waco Apartments for Rent
The cheapest available apartment rental in Waco, TX is a 1 Bed unit found at South Terrace in the South End neighborhood priced from $658. Historic Lofts at Waco High in the Carver neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Waco apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| South Terrace | 1x1 | 1BR,1BA | $658 |
| Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $750 |
| Heritage Square | A | 1BR,1BA | $760 |
| University Club Apartments | One Bedroom | 1BR,1BA | $799 |
| Saddle Brook Apartments | Abby | 1BR,1BA | $799 |
| URSA | 3BR/4BA - with Den | 3BR,4BA | $799 |
| Sandstone | 1 Bed, 1 Bath (80% Income Restricted) | 1BR,1BA | $861 |
| Avila | 1 Bed, 1 Bath | 1BR,1BA | $866 |
| Brookside Apartments | One Bedroom | 1BR,1BA | $870 |
Best Value Apartments for Rent in Waco, TX
As of May 19, 2025 the best value apartment in the Waco area is the $0.87 price per square foot The Ranger Model at The Edmond in the in the Parkdale neighborhood starting from $1,394. The second greatest value Waco apartment is the Townhome Model at MeadowPark starting at $1,250 with a $1.14 price per square foot in the West Waco neighborhood. 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. |
|---|---|---|---|
| The Edmond | The Ranger | 3BR,3BA | $0.87 |
| MeadowPark | Townhome | 2BR,2.5BA | $1.14 |
| The Residence at CTM | B1 Stetson | 2BR,2BA | $1.19 |
| The Bruin | B3-R | 2BR,2.5BA | $1.16 |
| Legacy Ridge | 1x1 | 1BR,1BA | $1.05 |
| The Cove on 21st | B1 | 2BR,2BA | $1.11 |
| Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $0.94 |
| Brookside Apartments | One Bedroom | 1BR,1BA | $1.17 |
| 2528 McFerrin Ave, Unit A | 2528 McFerrin Ave | 1BR,1BA | $1.10 |
| South Terrace | 1x1 | 1BR,1BA | $1.07 |
Quick Rent Budget Calculator
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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 LifestyleWaco, TX
Ranked #105
Among cities in Texas for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waco, TX Rentals by Map
See the most popular apartments and homes in Waco, TX
Waco, TX Apartments MapWaco, TX Rental Homes MapGetting 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.
Waco, TX Area Reviews
Do you know the Waco area?
Let everyone know!
Write a Review
Rhonda
February 25, 2025I have spent a lot of time in Waco over the years. It is a great place to start a family or retire for a quieter lifestyle.
Frequently Asked Questions about Cheap Waco Apartments
What is the price of a cheap apartment in Waco?
The cheapest apartment in Waco is South Terrace which is listed at $658, while the average apartment in Waco costs $1,501.
What types of apartments are the cheapest in Waco?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 540 regular apartments in Waco that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Waco?
Cheap apartments in Waco have an average cost of $484 which is $1,017 cheaper than the average rent for all rentals in Waco.
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.
A Texas Local Experts Guide to 10 Top Affordable Neighborhoods for Renting in Waco, TX
Written by: Rhonda R Fletcher
Hi, I'm Rhonda, your ApartmentHomeLiving.com Local Expert for Waco, Texas. I've lived in Central Texas for over 25 years and have seen a lot of change and growth in the Waco area.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.