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Cheap Apartments for Rent in the Oakwood Neighborhood of Waco, TX from $300 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakwood area of Waco.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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1021 Elise Ave
WacoTX76706
Oakwood - 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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Oakwood, Waco, TX Local Guide
How much does it cost to rent an apartment in Oakwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakwood 1 Bedroom Apartments | $1,365 | $885 | $1,904 |
| Oakwood 2 Bedroom Apartments | $1,483 | $770 | $2,717 |
| Oakwood 3 Bedroom Apartments | $1,484 | $700 | $2,445 |
| Oakwood 4 Bedroom Apartments | $1,130 | $690 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Waco, TX.
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Oakwood, Waco, TX Local Guide
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Best Value Apartments for Rent in Oakwood, TX
As of April 23, 2025 the best value apartment in the Oakwood area is the $1.18 price per square foot 2/2 Model at The Centre in the in the Carver neighborhood starting from $1,299. The second greatest value Oakwood apartment is the 2BR/2BA - Flat - Pool View Model at URSA starting at $1,065 with a $1.20 price per square foot in the Carver neighborhood. Here is today’s list of the best values for Oakwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Centre | 2/2 | 2BR,2BA | $1.18 |
| URSA | 2BR/2BA - Flat - Pool View | 2BR,2BA | $1.20 |
| Tuscany Ranch Apartments | 1 Bd 1 Bth w/ Fireplace | 1BR,1BA | $1.61 |
| Outpost at Waco | A1 | 1BR,1BA | $2.17 |
| Wayfare - Waco | Addison (A1) | 1BR,1BA | $1.99 |
| 19Eleven | 1 Bedroom 1 Bath | 1BR,1BA | $1.44 |
| LUXE AT 1300 | Calico | 1BR,1BA | $1.66 |
| Roots at Waco | A1 | 1BR,1BA | $2.07 |
| The Green at Waco | A3.2 Amenity View | 1BR,1BA | $2.54 |
| RIVERCREST | A1 | 1BR,1BA | $1.95 |
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Pet Friendly LifestyleOakwood, Waco, TX
Ranked #10
Among neighborhoods in Waco, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Oakwood Apartments
How much is rent for a Cheap One Bedroom Oakwood Apartment?
The lowest price for a Cheap One Bedroom Oakwood Apartment is $1,075 at RIVERCREST.
What is the lowest price for a Cheap Two Bedroom Oakwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oakwood is starting from $985 at URSA.
What is the most affordable Oakwood Three Bedroom Apartment?
The best deal on a cheap Oakwood Three Bedroom Apartment rental is at Roots at Waco and starts from $1,621.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.