Apartments for Rent in the Downtown Waco Neighborhood of Waco, TX Under $1,500 (40 Rentals)

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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.

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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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Cameron Heights
2 to 3 Bedroom Apartments

Cameron Heights

400 Bosque BlvdWaco, TX 76707
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Riverfront Lofts
Studio to 2 Bedroom Apartments

Riverfront Lofts

414 S University Parks DrWaco, TX 76706

Downtown Waco - One of the Best Affordable Neighborhoods in Waco

Named as one of the Best Affordable Neighborhoods to rent in Waco by our Local Expert for Texas, Rhonda R Fletcher. See how it ranks!

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The Belmont Lofts
2 Bedroom Apartments

The Belmont Lofts

625 S 5th StWaco, TX 76706
  • Utilities Included
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The Madison
1 to 2 Bedroom Apartments

The Madison

1307 Austin AveWaco, TX 76701
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Behrens Lofts
1 to 3 Bedroom Apartments

Behrens Lofts

219 S 4thWaco, TX 76701
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West Campus Lofts
1 Bedroom Apartments

West Campus Lofts

805 S 8th StWaco, TX 76706
Student Housing
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Park Place Waco
5 Bedroom Apartments

Park Place Waco

909 Baylor AveWaco, TX 76706
Student Housing
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University Courtyard
1 Bedroom Apartments

University Courtyard

1321 S 11th StWaco, TX 76706
Student Housing
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The Commodores
1 Bedroom Apartments

The Commodores

1326 S 11th StWaco, TX 76706
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The Bruin
2 Bedroom Apartments

The Bruin

1300 S 11th StWaco, TX 76706
Showing Results 1-40, Page 1 of 1

Downtown Waco, Waco, TX Local Guide

Quick Rent Budget Calculator

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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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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 Downtown Waco

What is the current price range for One Bedroom Downtown Waco Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Downtown Waco ranges from $750 to $2,141 with an average monthly rent of $1,297.

What does renting a Two Bedroom Apartment in Downtown Waco cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown Waco range from $770 to $2,732. Today's average rental price for Two Bedrooms here is $1,313.

How expensive are Downtown Waco Three Bedroom Apartments?

There are currently 43 Three Bedroom Apartments listings available in Downtown Waco on ApartmentHomeLiving.com. The pricing ranges from $700 to $2,445 - averaging $1,251 for the location.

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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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.

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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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.