Cheap Apartments for Rent in the Heart of Texas Neighborhood of Waco, TX from $500 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Heart of Texas area of Waco.

Heart of Texas

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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CarMel
1 Bedroom Apartments

CarMel

3638 W Waco DrWaco, TX 76710
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Ambassador Residence
1 Bedroom Apartments

Ambassador Residence

508 N 38th StWaco, TX 76710
Senior Living
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Pecan Park
1 Bedroom Apartments

Pecan Park

1725 Sanger AveWaco, TX 76707
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Tennyson Arms
1 to 2 Bedroom Apartments

Tennyson Arms

5101 Tennyson DrWaco, TX 76710
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Brookview Hills
1 to 2 Bedroom Apartments

Brookview Hills

3400 W Brookview DrWaco, TX 76710
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Tribeca
1 to 2 Bedroom Apartments

Tribeca

4801 Sanger AveWaco, TX 76710

Heart of Texas, Waco, TX Local Guide

Cheapest Available Heart of Texas Apartments for Rent

 

The cheapest available apartment rental in the Heart of Texas area of Waco, TX is a 1 Bed unit found at Sandstone priced from $854. The Edmond has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here are the most affordable Heart of Texas apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
Sandstone1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$854
The EdmondThe Brazos1BR,1BA$855
Legacy Ridge1x11BR,1BA$895
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$900
Woodhollow ApartmentsA1-D 1X11BR,1BA$924

Best Value Apartments for Rent in Heart of Texas, TX

As of April 14, 2025 the best value apartment in the Heart of Texas area is the $1.34 price per square foot B1 Model at Three 44 Apartments in the in the Richland Hills neighborhood starting from $1,190. The second greatest value Heart of Texas apartment is the 1x1 Model at Legacy Ridge starting at $895 with a $1.05 price per square foot in the North End neighborhood. Here is today’s list of the best values for Heart of Texas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Three 44 ApartmentsB12BR,1.5BA$1.34
Legacy Ridge1x11BR,1BA$1.05
Tuscany Ranch Apartments1 Bd 1 Bth w/ Fireplace1BR,1BA$1.61
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$1.23
2528 McFerrin Ave, Unit A2528 McFerrin Ave1BR,1BA$1.17
The Midway1x11BR,1BA$1.50
Highland Cove1 BR A 1BR,1BA$1.44
The EdmondThe Brazos1BR,1BA$1.26
Avila1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1.55
Sandstone1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1.61

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Pet Friendly Lifestyle
Heart Of Texas, Waco, TX

Ranked #8

Among neighborhoods in Waco, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Heart of Texas Apartments

What is the price of a cheap apartment in Heart of Texas?

The cheapest apartment in Heart of Texas is Sandstone which is listed at $854, while the average apartment in Heart of Texas costs $1,655.

What types of apartments are the cheapest in Heart of Texas?

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 16 regular apartments in Heart of Texas 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 Heart of Texas?

Cheap apartments in Heart of Texas have an average cost of $262 which is $1,393 cheaper than the average rent for all rentals in Heart of Texas.

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 A Texas Local Experts Guide to 10 Top Affordable Neighborhoods for Renting in Waco, TX article

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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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.

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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.

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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.