Cheap Apartments for Rent in Waco, KY from $500 (49 Rentals)

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

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East Ridge Apartments
$725 - $1,050
Total Monthly Price

Total Monthly Price

Base Rent
$725 - $1,050

Total Monthly Price
$725 - $1,050
1 to 2 Bedroom Apartments Contact Us For Availability

East Ridge Apartments

410 Jason DrRichmond, KY 40475
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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.

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 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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Pebblecreek Crossing
1 to 2 Bedroom Apartments

Pebblecreek Crossing

418 Big Hill AveRichmond, KY 40475
Senior Living

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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Oak Hill Apartments
2 Bedroom Apartments

Oak Hill Apartments

2100 Pavilion WayRichmond, KY 40475
  • Utilities Included
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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
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Garden Estates
1 to 3 Bedroom Apartments

Garden Estates

4176 Todds RdLexington, KY 40509
Corporate Housing

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.

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 Katelyn Court Apartments priced from $595. Pebblecreek Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $724. Here is today’s list of the most affordable Waco apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Katelyn Court Apartments1 Bed, 1 bath1BR,1BA$595
Pebblecreek CrossingOne Bedroom1BR,1BA$724
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$741
1040 Brandy LnTwo Bed2BR,1BA$900
Brandywine1 Bed1BR,1BA$950
Flats at 2875Newly-Renovated Studio Apartments!Studio,1BA$950
The Resort Apartments1BD/ 1 BA1BR,1BA$1,045
Steeplechase ApartmentsA21BR,1BA$1,059
The Enclave HartlandA1 Abbotswood - One Bedroom, One Bathroom1BR,1BA$1,145
Legacy Lake ApartmentsOne Bedroom One Bath1BR,1BA$1,160

Best Value Apartments for Rent in Waco, KY and Nearby

As of June 12, 2026 the best value apartment in the Waco area is the $1.40 price per square foot New Cottage/Two Car Garage Model at Legacy Lake Apartments in the starting from $2,100. The second greatest value Waco apartment is the Majestic Model at The Resort At Lake Crossing starting at $1,804 with a $1.40 price per square foot in the Athens Historic District neighborhood. 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.
Legacy Lake ApartmentsNew Cottage/Two Car Garage3BR,2BA$1.40
The Resort At Lake CrossingMajestic3BR,2BA$1.40
2005 Willow Dr3BR/2.5BA3BR,2.5BA$1.19
Brighton 3050Loft 11BR,1BA$1.21
GleneaglesTwo Bedroom2BR,2BA$1.33
Brandywine1 Bed1BR,1BA$1.25
1040 Brandy LnTwo Bed2BR,1BA$1.25
Pebblecreek CrossingOne Bedroom1BR,1BA$1.03
Katelyn Court Apartments1 Bed, 1 bath1BR,1BA$1.08
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$1.41

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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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 $595 at Katelyn Court 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 $859 at Pebblecreek Crossing.

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

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

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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.