Cheap Apartments for Rent in Waco, MO from $500 (58 Rentals)

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

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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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
Showing Results 1-50, Page 1 of 2

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 LamBar Place priced from $575. Zahn Apartments in the Daniels Estates neighborhood 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
LamBar PlaceStandard1BR,1BA$575
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 ParkSTUDIOSStudio,1BA$695
Campbell ReserveThe Royce - StudioStudio,1BA$730
Ash Place542BR,1BA$739
Summerfield Apartments & MicroUnitsMicroUnit-All Bills PdStudio,1BA$849
Brick + Mortar LoftsstudioStudio,1BA$850
Ellis Point Apartments2 Bed 2 Bath2BR,2BA$900

Best Value Apartments for Rent in Waco, MO and Nearby

As of June 02, 2025 the best value apartment in the Waco area is the $0.56 price per square foot Casa Del Sol 14 Model at 3982 CR 1675 in the starting from $1,000. The second greatest value Waco apartment is the Three Bedroom Model at Birdmaster Drive starting at $1,795 with a $1.10 price per square foot in the Leetown 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.
3982 CR 1675Casa Del Sol 142BR,2BA$0.56
Birdmaster DriveThree Bedroom3BR,2.5BA$1.10
The Edge at Rouse4 Bedroom 4 Bath4BR,4BA$0.39
Ash Place552BR,1BA$0.66
Airport Landings and The Docks Apartments3BR 2BA 2nd floor Airport Landing3BR,2BA$0.89
Zahn ApartmentsTwo Bedroom2BR,1BA$0.76
Copper Point LandingTwo Bedroom Two Bathroom2BR,2BA$1.03
Ellis Point Apartments2 Bed 2 Bath2BR,2BA$0.92
Republic Palms2 Bedroom, 2 Bathroom2BR,2BA$1.05
Deer Run Crossing1 Bed 1 Bath1BR,1BA$0.98

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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 Aspen Park listed at $695.

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

The lowest price for a Cheap One Bedroom Waco Apartment is $575 at LamBar Place.

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 Airport Landings and The Docks Apartments and starts from $950.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.