close
View Me
from $7501 to 3 Bedroom Apartments Contact Us For Availability
Historic Lofts at Waco High
815 Columbus AveWaco, TX 76701
Cheap Apartments for Rent in the Downtown Waco Neighborhood of Waco, TX from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Waco area of Waco.
815 Columbus Ave
WacoTX76701
close
View Me
from $7991 to 2 Bedroom Apartments Available Jun 13
Brazos Park Apartments
1800 N Martin Luther King Jr BlvdWaco, TX 76704
close
View Me
from $7991 to 4 Bedroom Apartments Available Now
University Club Apartments
1725 N Martin Luther King Jr BlvdWaco, TX 76704
close
View Me
from $9091 to 3 Bedroom Apartments Available Now
The Enclave at the Stadium
1600 S M.L.K. Jr BlvdWaco, TX 76704
close
View Me
Rent Specials
from $1,0001 to 3 Bedroom Apartments Available Now
Tinsley Place
715 Cleveland AveWaco, TX 76706
close
View Me
close
View Me
close
View Me
Rent Specials
from $1,1001 to 2 Bedroom Apartments Available Now
Carriage House
1923 Austin AveWaco, TX 76701
close
View Me
close
View Me
1311 S 5th St
WacoTX76706
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-17, Page 1 of 1
Downtown Waco, Waco, TX Local Guide
How much does it cost to rent an apartment in Downtown Waco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Waco Studio Apartments | $1,532 | $1,399 | $1,635 |
| Downtown Waco 1 Bedroom Apartments | $1,577 | $750 | $2,915 |
| Downtown Waco 2 Bedroom Apartments | $1,662 | $770 | $3,835 |
| Downtown Waco 3 Bedroom Apartments | $1,390 | $700 | $2,896 |
| Downtown Waco 4 Bedroom Apartments | $1,053 | $690 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 1 mile radius of the Downtown Waco Neighborhood of Waco, TX.
See all Apartments in WacoExplore Waco
Downtown Waco, Waco, TX Local Guide
- Nearby Waco neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Waco Apartments for Rent
The cheapest available apartment rental in the Downtown Waco area of Waco, TX is a 1 Bed unit found at University Club Apartments priced from $799. The Enclave at the Stadium has the second lowest priced unit, which is a 1 Bed apartment currently listed from $909. Here are the most affordable Downtown Waco apartments for rent in Waco, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Club Apartments | One Bedroom | 1BR,1BA | $799 |
| The Enclave at the Stadium | A1 | 1BR,1BA | $909 |
| URSA | 2BR/2BA - Flat | 2BR,2BA | $985 |
| Tinsley Place | Union 1BR/1BA | 1BR,1BA | $1,000 |
| 19Eleven | 1 Bedroom 1 Bath | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Downtown Waco, TX
As of March 25, 2025 the best value apartment in the Downtown Waco area is the $1.28 price per square foot 3/2.5 Model at The Centre in the in the Carver neighborhood starting from $1,549. The second greatest value Downtown Waco apartment is the B1-R Model at The Bruin starting at $1,325 with a $1.46 price per square foot in the South End neighborhood. Here is today’s list of the best values for Downtown Waco apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Centre | 3/2.5 | 3BR,2.5BA | $1.28 |
| The Bruin | B1-R | 2BR,2BA | $1.46 |
| URSA | 2BR/2BA - Flat - Pool View | 2BR,2BA | $1.20 |
| Summit at the Villages at Waco | Two Bedroom/ One Bathroom | 2BR,1BA | $1.50 |
| 222 Clay Court | 1 Bedroom Upstairs-with Porch | 1BR,1.5BA | $1.78 |
| 101 Elm | 1 Bedroom 1 Bath | 1BR,1BA | $1.78 |
| 19Eleven | 1 Bedroom 1 Bath | 1BR,1BA | $1.44 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1.64 |
| The Enclave at the Stadium | A1 | 1BR,1BA | $1.52 |
| University Club Apartments | One Bedroom | 1BR,1BA | $1.36 |
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.
Let everyone know!
Do you know the Downtown Waco area?
If you’re an expert on all things Downtown Waco, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Waco, Waco, TX
Ranked #3
Among neighborhoods in Waco, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Downtown Waco Neighborhood in Waco, TX
Walk Score®
63 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some 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 Downtown Waco Apartments
What is the price of a cheap apartment in Downtown Waco?
The cheapest apartment in Downtown Waco is University Club Apartments which is listed at $799, while the average apartment in Downtown Waco costs $1,685.
What types of apartments are the cheapest in Downtown 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 2,577 regular apartments in Downtown 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 Downtown Waco?
Cheap apartments in Downtown Waco have an average cost of $531 which is $1,154 cheaper than the average rent for all rentals in Downtown 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.
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.
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.