Cheap Apartments for Rent in Waco, KY from $600 (46 Rentals)

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

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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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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The Avery
Rent Specials
$1,474 - $2,354
Total Monthly Price

Total Monthly Price

Base Rent
$1,474 - $2,354
Total Monthly Price
$1,474 - $2,354
1 to 3 Bedroom Apartments Available Now

The Avery

6600 Man O War BlvdLexington, KY 40509
Pet Friendly
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  • 3D Tour
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Pebblecreek Crossing
1 to 2 Bedroom Apartments

Pebblecreek Crossing

418 Big Hill AveRichmond, KY 40475
Senior Living

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Garden Estates
1 to 3 Bedroom Apartments

Garden Estates

4176 Todds RdLexington, KY 40509
Corporate Housing
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2005 Willow Dr
2 to 3 Bedroom Apartments

2005 Willow Dr

2005 Willow DrRichmond, KY 40475
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7 North Main
1 to 2 Bedroom Apartments

7 North Main

7 N Main StWinchester, KY 40391

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-46, Page 1 of 1

Waco, KY Local Guide

Cheapest Available Waco Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waco, KY is a 1 Bed unit found at East Ridge Apartments priced from $725. Shawnee Trail Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $741. Here is today’s list of the most affordable Waco apartments for rent:

Apartment ListingModel NameBed/BathPriced From
East Ridge ApartmentsOne Bedroom1BR,1BA$725
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$741
Ty Lane Apartments1 Bedroom (600sqft)1BR,1BA$850
Steeplechase ApartmentsA21BR,1BA$875
Studio 28 Apartments1BR/1.0BA1BR,1BA$899
1040 Brandy LnTwo Bed2BR,1BA$900
Summit Apartments2 Bed 1 Bath W/D HK2BR,1BA$900
Brandywine1 Bed1BR,1BA$955
The Resort Apartments1BD/ 1 BA1BR,1BA$1,045
Flats at 2875 - Newly-Renovated Single-Story!Newly-Renovated One-Bedroom Apartments!1BR,1BA$1,095

Best Value Apartments for Rent in Waco, KY and Nearby

As of April 28, 2026 the best value apartment in the Waco area is the $1.12 price per square foot 2 Bedroom Model at Carriage Place Apartments in the starting from $1,450. The second greatest value Waco apartment is the 3BR/2.5BA Model at 2005 Willow Dr starting at $1,425 with a $1.19 price per square foot . Here is today’s list of the best values for Waco apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carriage Place Apartments2 Bedroom2BR,2BA$1.12
2005 Willow Dr3BR/2.5BA3BR,2.5BA$1.19
The Lofts at Winchester! 2 BR, 1 Bath, Off-Street Parking, Small Pets Ok!3BR/1.0BA3BR,1BA$1.14
The Resort At Lake CrossingTranquility2BR,2BA$1.36
East Ridge ApartmentsOne Bedroom1BR,1BA$0.81
GleneaglesTwo Bedroom2BR,2BA$1.33
Summit Apartments2 BD/1.5 BA2BR,1.5BA$1.30
Brandywine1 Bed1BR,1BA$1.26
Steeplechase ApartmentsA31BR,1BA$1.39
1040 Brandy LnTwo Bed2BR,1BA$1.25

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The 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.

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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waco, KY Rentals by Map

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Frequently Asked Questions about Cheap Waco Apartments

How much is rent for a Cheap One Bedroom Waco Apartment?

The lowest price for a Cheap One Bedroom Waco Apartment is $725 at East Ridge Apartments.

What is the lowest price for a Cheap Two Bedroom Waco Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waco is starting from $886 at Shawnee Trail Apartments.

What is the most affordable Waco Three Bedroom Apartment?

The best deal on a cheap Waco Three Bedroom Apartment rental is at 1040 Brandy Ln and starts from $1,000.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.