
Cheap Apartments for Rent near Waco, NC from $600 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Waco.


Residences At Humboldt Lake

Marion Ridge

The Carlisle at Delta Park

The Pointe on Lafayette

Colonial Village

Total Monthly Price
Destination at Union

Caitlin Station
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Grove at Ferguson Park

The Madison by Humboldt

Townhomes @ Humboldt Village

Northway at Sedgefield

Northway at Fern Forest

Dwell Townhomes

x - Cedar Ridge Apartments

Crowders View Townhomes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Trenton Mill Lofts

Rutherford Crossing

The Groves

The Cove Apartment Homes

305 Lineberger St

Chamberlain Pines

Residences at Humboldt Park

819 Buffalo St
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.

231 Dakar Dr

810 Kings Rd

SH302-Chamberlain Oaks Apartments (CHO)

408 Ross Grove Rd E

816 Churchill Dr

Timbercrest Townhomes

SH304-Humboldt Mountain (HMT)

825 Churchill Dr
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.

1705 Windover Rd

811 W Elm St

1416 Lenoir Dr

1337 N Lafayette St

109 Felter St

418 Orange St

512 Wardell St

1002 Wilmoth St
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.

401 Gardner St
Waco, NC Local Guide

How much does it cost to rent an apartment in Waco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waco Studio Apartments | $1,022 | $880 | $1,450 |
| Waco 1 Bedroom Apartments | $1,331 | $748 | $1,550 |
| Waco 2 Bedroom Apartments | $1,622 | $904 | $2,995 |
| Waco 3 Bedroom Apartments | $1,967 | $774 | $2,456 |
| Waco 4 Bedroom Apartments | $2,413 | $1,495 | $2,720 |
Browse Top Apartments in Waco
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Waco, NC Local Guide
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Cheapest Available Waco Apartments for Rent and Nearby
 The cheapest available apartment rental in Waco, NC is a 1 Bed unit found at Residences At Humboldt Lake in the Crowders View neighborhood priced from $825. Central School Lofts in the Crowders View neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $842. Here is today’s list of the most affordable Waco apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences At Humboldt Lake | 1BR/1.0BA | 1BR,1BA | $825 |
| Central School Lofts | 2 BR, 2BA | 2BR,2BA | $842 |
| The Pointe on Lafayette | One Month Free + $50 App Fee Refunded at The Po... | 1BR,1BA | $925 |
| Caitlin Station | Two Bedroom | 2BR,1BA | $967 |
| Timbercrest Townhomes | 2BR/1.5BA | 2BR,1BA | $975 |
| SH304-Humboldt Mountain (HMT) | 2BR/1.0BA | 2BR,1BA | $995 |
| Townhomes @ Humboldt Village | 2BR/1.5BA | 2BR,1BA | $995 |
| Colonial Village | 1 Bedroom x 1 Bath - Standard | 1BR,1BA | $1,025 |
| Marion Ridge | Sweet Birch | 1BR,1BA | $1,025 |
| Destination at Union | A1 | 1BR,1BA | $1,041 |
Best Value Apartments for Rent in Waco, NC and Nearby
As of August 02, 2026 the best value apartment in the Waco area is the $1.33 price per square foot Litchfield Model at Affinity at Hudson in the in the Medical Park neighborhood starting from $2,090. The second greatest value Waco apartment is the Three Bedroom Model at Washington Square Apartments starting at $1,245 with a $1.13 price per square foot in the Cleveland County neighborhood. Here is today’s list of the best values for Waco apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Affinity at Hudson | Litchfield | 3BR,2.5BA | $1.33 |
| Washington Square Apartments | Three Bedroom | 3BR,2BA | $1.13 |
| Northway at Sedgefield | 2BR/1.5BA | 2BR,1.5BA | $1.22 |
| Townhomes @ Humboldt Village | 2BR/1.5BA | 2BR,1.5BA | $1.00 |
| Nu Hudson | 2 bedroom 1.5 bath with Window | 2BR,1BA | $1.31 |
| Central School Lofts | 2 BR, 2BA | 2BR,2BA | $0.94 |
| Rutherford Crossing | 2 Bedroom | 2BR,1BA | $1.21 |
| Caitlin Station | Two Bedroom | 2BR,1BA | $1.10 |
| The Pointe on Lafayette | One Month Free + $50 App Fee Refunded at The Po... | 1BR,1BA | $1.16 |
| SH304-Humboldt Mountain (HMT) | 2BR/1.0BA | 2BR,1BA | $1.24 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waco, NC Rentals by Map
See the most popular apartments and homes in Waco, NC
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 $825 at Residences At Humboldt Lake.
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 $842 at Central School Lofts.
What is the most affordable Waco Three Bedroom Apartment?
The best deal on a cheap Waco Three Bedroom Apartment rental is at Central School Lofts and starts from $968.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.