
Cheap Homes for Rent in Lorena, TX from $400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Lorena.


104 Forest Creek Ln
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

237 Crescent Creek Ln

2332 Breezy Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Lorena, TX Local Guide

How much does it cost to rent a home in Lorena?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lorena 2 Bedroom Homes for Rent | $1,100 | $1,100 | $1,100 |
| Lorena 3 Bedroom Homes for Rent | $1,884 | $795 | $2,750 |
| Lorena 4 Bedroom Homes for Rent | $2,392 | $1,095 | $3,650 |
| Lorena 5 Bedroom Homes for Rent | $450 | $450 | $450 |
Browse Top Homes for Rent in Lorena
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Lorena, TX Local Guide
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Best Value Apartments for Rent in Lorena, TX and Nearby
As of January 09, 2026 the best value apartment in the Lorena area is the $1.18 price per square foot C1 Wrangler Model at The Residence at CTM in the in the Alta Vista neighborhood starting from $1,499. The second greatest value Lorena apartment is the 2 Bed Townhome Model at Woodway Park Condominiums starting at $1,200 with a $1.00 price per square foot in the Parkdale neighborhood. Here is today’s list of the best values for Lorena apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Residence at CTM | C1 Wrangler | 3BR,2BA | $1.18 |
| Woodway Park Condominiums | 2 Bed Townhome | 2BR,1.5BA | $1.00 |
| Park Place Apartments | Two Bedroom | 2BR,2BA | $1.04 |
| MeadowPark | Townhome | 2BR,2.5BA | $1.14 |
| University Edge Waco | Plan B | 2BR,2BA | $0.82 |
| Lake Air Green Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| Waco Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.16 |
| Brookside Apartments | One Bedroom | 1BR,1BA | $1.37 |
| Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.29 |
| Prime Properties Waco | 1Bed-1Bath | 1BR,1BA | $1.21 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleTop Neighborhoods to Rent Near Major Colleges and Universities in Waco
A Local Experts Guide to The Neighborhoods for Student Housing near Colleges and Universities in Waco. Find your perfect Waco apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick 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.
Best Local Schools in Lorena, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Lorena, TX
Frequently Asked Questions about Lorena
What type of rentals are currently available in Lorena?
There are currently 47 Apartments for Rent in Lorena, TX with pricing that ranges from $739 to $2,387. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lorena ranging from $450 to $3,650.
What is the current price range for Rental Homes in Lorena?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lorena ranges from $450 to $3,650 with an average monthly rent of $1,456.
How much are larger Three and Four Bedroom Rentals in Lorena?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lorena range from $739 to $2,145, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $739.
Expert Rental Resources
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.
Articles, How-To's, and Tips

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.