Cheap Homes for Rent in University Neighborhood of Waco, TX from $700 (21 Rentals)

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Search the lowest-cost Homes available for rent right now in the University area of Waco.

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University, Waco, TX Local Guide

Cheapest Available University Apartments for Rent

 

The cheapest available apartment rental in the University area of Waco, TX is a 1 Bed unit found at The Cove on 21st priced from $825. Brookview Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable University apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
The Cove on 21stA11BR,1BA$825
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$900
The Enclave at the StadiumA11BR,1BA$909
Avila1 Bed, 1 Bath1BR,1BA$939
Tinsley PlaceUnion 1BR/1BA1BR,1BA$1,000

Best Value Apartments for Rent in University, TX

As of March 26, 2025 the best value apartment in the University area is the $1.23 price per square foot C1 Wrangler Model at The Residence at CTM in the in the Alta Vista neighborhood starting from $1,564. The second greatest value University apartment is the 3/2.5 Model at The Centre starting at $1,549 with a $1.28 price per square foot in the Carver neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residence at CTMC1 Wrangler3BR,2BA$1.23
The Centre3/2.53BR,2.5BA$1.28
Station at Cottonwood CreekB32BR,2BA$1.47
Roots at WacoB22BR,2BA$1.48
The BruinB1-R2BR,2BA$1.46
Tuscany Ranch Apartments1 Bed 1 Bath1BR,1BA$1.63
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$1.23
Avila1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1.58
The Enclave at the StadiumA11BR,1BA$1.52
2425 Parrott Ave, Unit 2425 Parrott2425 Parrott Ave1BR,1BA$1.45

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Frequently Asked Questions about University

What type of rentals are currently available in University?

There are currently 131 Apartments for Rent in University, TX with pricing that ranges from $675 to $3,835. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $700 to $3,800.

What is the current price range for Rental Homes in University?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University ranges from $700 to $3,800 with an average monthly rent of $1,825.

How much are larger Three and Four Bedroom Rentals in University?

For those who are looking for larger living arrangements, Three Bedroom Apartments in University range from $700 to $3,386, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $3,500. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $690.

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.