Cheap Apartments for Rent in Waco, MO from $500 (54 Rentals)

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

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 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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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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LamBar Place
1 Bedroom Apartments

LamBar Place

415 S Broadway StPittsburg, KS 66762
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Northpark Apartments
1 to 3 Bedroom Apartments

Northpark Apartments

3502 Newman RdJoplin, MO 64801
  • Utilities Included
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Trailside Place
1 to 2 Bedroom Apartments

Trailside Place

1900 NW A StBentonville, AR 72712
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Midtown Cottages
1 Bedroom Apartments

Midtown Cottages

801 Peters AvenueJoplin, MO 64801
  • Utilities Included
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The Maddox
1 to 2 Bedroom Apartments

The Maddox

1389 W Centerton BlvdCenterton, AR 72719
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Waco, MO Local Guide

Cheapest Available Waco Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waco, MO is a 1 Bed unit found at Eldo Suites Apartments priced from $600. Zahn Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $604. Here is today’s list of the most affordable Waco apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eldo Suites Apartments1 BR 1 BA1BR,1BA$600
Zahn ApartmentsOne Bedroom1BR,1BA$604
Deer Run Crossing1 Bed 1 Bath1BR,1BA$635
University Digs Apartments1 Bedroom w/ Walk in Closet (Large)1BR,1BA$688
Aspen ParkONE BED1BR,1BA$725
Ash Place542BR,1BA$739
Summerfield Apartments & MicroUnits2 Bedroom2BR,2BA$760
Pin Oak Apartments2 Bed 2 Bath2BR,2BA$800
Brick + Mortar LoftsstudioStudio,1BA$850
Copper Point LandingOne Bedroom One Bathroom1BR,1BA$875

Best Value Apartments for Rent in Waco, MO and Nearby

As of July 22, 2025 the best value apartment in the Waco area is the $0.56 price per square foot Casa Del Sol 8 Model at 3982 CR 1675 in the starting from $900. The second greatest value Waco apartment is the 55 Model at Ash Place starting at $746 with a $0.66 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.
3982 CR 1675Casa Del Sol 82BR,1.5BA$0.56
Ash Place552BR,1BA$0.66
Pin Oak Apartments3 Bed 2 Bath3BR,2BA$0.77
Airport Landings and The Docks Apartments3BR 2BA 2nd floor Airport Landing3BR,2BA$0.89
Zahn ApartmentsTwo Bedroom2BR,1BA$0.76
Ellis Point Apartments2 Bed 2 Bath2BR,2BA$0.92
Crimson VillasTwo Bedroom – Two Bath2BR,2BA$0.56
Aspen ParkONE BED1BR,1BA$1.09
Deer Run Crossing1 Bed 1 Bath1BR,1BA$0.98
Eldo Suites Apartments1 BR 1 BA1BR,1BA$1.00

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle

Ranked #

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

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See the most popular apartments and homes in Waco, MO

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Frequently Asked Questions about Cheap Waco Apartments

What is the Cheapest Studio apartment in Waco?

Currently the most affordable Cheap Studio Apartment in Waco is at University Digs Apartments listed at $699.

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

The lowest price for a Cheap One Bedroom Waco Apartment is $600 at Eldo Suites 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 $725 at Deer Run Crossing.

What is the most affordable Waco Three Bedroom Apartment?

The best deal on a cheap Waco Three Bedroom Apartment rental is at Pin Oak Apartments and starts from $850.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.