Cheap Apartments for Rent in Mclennan County, TX from $400 (99 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mclennan County.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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The Cove on 21st
Rent Specials
$943 - $1,093
Total Monthly Price

Total Monthly Price

Base Rent
$943 - $1,093
Total Monthly Price
$943 - $1,093
1 to 3 Bedroom Apartments Available Now

The Cove on 21st

2425 S 21st StWaco, TX 76706
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Cash 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.

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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.

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PECAN RIDGE-WACO
$1,060 - $1,888
Total Monthly Price

Total Monthly Price

Base Rent
$1,060 - $1,888
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

PECAN RIDGE-WACO

2736 Lake Shore DrWaco, TX 76708
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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RIVERCREST
$1,101 - $1,697
Total Monthly Price

Total Monthly Price

Base Rent
$1,101 - $1,697
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Contact Us For Availability

RIVERCREST

66 Daughtrey AveWaco, TX 76706
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Cheapest Available Mclennan County Apartments for Rent

 

The cheapest available apartment rental in Mclennan County, TX is a Studio unit found at Eagle Crest Apartments in the Carver neighborhood priced from $649. Elevate in the Carver neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $659. Here is today’s list of the most affordable Mclennan County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eagle Crest ApartmentsEfficiency/StudioStudio,1BA$649
ElevateC23BR,2BA$659
LL Sams ApartmentsStandard Loft - 4 BDR, 2 BTH | ONE LEFT4BR,2BA$699
University Club ApartmentsOne Bedroom1BR,1BA$709
University Edge WacoPlan E4BR,4BA$745
Rambler Heights1 Bedroom1BR,1BA$750
Brazos Park ApartmentsA-1b1bs1BR,1BA$779
Eleven06 on 35 Apartments1 Bedroom, 1 Bath1BR,1BA$795
The Meadows ApartmentsOne Bedroom1BR,1BA$795
Barcelona Apartments1BR/1.0BA1BR,1BA$825

Best Value Apartments for Rent in Mclennan County, TX

As of June 21, 2026 the best value apartment in the Mclennan County area is the $1.00 price per square foot 2 Bed Townhome Model at Woodway Park Condominiums in the in the Parkdale neighborhood starting from $1,200. The second greatest value Mclennan County apartment is the 2 Bed, 2 Bath Model at Lake Air Green Apartments starting at $1,200 with a $1.04 price per square foot in the Parkdale neighborhood. Here is today’s list of the best values for Mclennan County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodway Park Condominiums2 Bed Townhome2BR,1.5BA$1.00
Lake Air Green Apartments2 Bed, 2 Bath2BR,2BA$1.04
Park Place Apartments2 Bed Townhome2BR,2.5BA$1.13
MeadowParkTownhome2BR,2.5BA$1.14
ElevateC13BR,3BA$0.61
University Edge WacoPlan B2BR,2BA$0.82
LL Sams ApartmentsStandard Loft - 2 BDR, 1 BTH | VERY LIMITED2BR,1BA$0.86
Historic Lofts of Waco High1 Bedroom1BR,1BA$1.19
Barcelona Apartments1BR/1.0BA1BR,1BA$1.19
Rambler Heights1 Bedroom1BR,1BA$1.10

Frequently Asked Questions about Cheap Mclennan County Apartments

What is the price of a cheap apartment in Mclennan County?

The cheapest apartment in Mclennan County is University Club Apartments which is listed at $709, while the average apartment in Mclennan County costs $1,595.

What types of apartments are the cheapest in Mclennan County?

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 74 regular apartments in Mclennan County 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 Mclennan County?

Cheap apartments in Mclennan County have an average cost of $309 which is $1,286 cheaper than the average rent for all rentals in Mclennan County.

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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.