Cheap Apartments for Rent in Waco, NC from $500 (21 Rentals)

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

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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Rutherford Crossing
1 to 3 Bedroom Apartments

Rutherford Crossing

1465 W Academy StCherryville, NC 28021

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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Chamberlain Pines
Studio to 3 Bedroom Apartments

Chamberlain Pines

1121-1126 Scottsdale DrShelby, NC 28150

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.

Waco, NC Local Guide

Cheapest Available Waco Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waco, NC is a 2 Beds unit found at Rutherford Crossing priced from $508. Leonard Greene in the Spencer Mountain Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Waco apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rutherford Crossing2 Bedroom2BR,1BA$508
Leonard Greene1 bdr1BR,1BA$745
Central School Lofts1 BR, 1BA1BR,1BA$748
Chamberlain Pines1BR/1.0BA1BR,1BA$795
The Carlisle at Delta ParkModel 1A1BR,1BA$865

Best Value Apartments for Rent in Waco, NC and Nearby

As of November 01, 2025 the best value apartment in the Waco area is the $1.14 price per square foot Litchfield Model at Affinity at Hudson in the in the Medical Park neighborhood starting from $1,795. The second greatest value Waco apartment is the 2BR/1.0BA Model at SH302-Chamberlain Oaks Apartments (CHO) starting at $1,050 with a $1.02 price per square foot in the Uptown Shelby 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.
Affinity at HudsonLitchfield3BR,2.5BA$1.14
SH302-Chamberlain Oaks Apartments (CHO)2BR/1.0BA2BR,1BA$1.02
864 ClemsonFarmhouse - Furnished2BR,2.5BA$0.82
Central School Lofts2 BR, 1.5BA2BR,1.5BA$0.94
Caitlin StationTwo Bedroom2BR,1BA$1.12
Davis Mills2BR/1.0BA2BR,1BA$1.13
Washington Square Apartments2 Beds, 1 bath2BR,1BA$1.14
SH304-Humboldt Mountain (HMT)2BR/1.0BA2BR,1BA$1.16
Leonard Greene1 bdr1BR,1BA$1.08
Rutherford Crossing1 Bedroom1BR,1BA$1.12

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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, NC Rentals by Map

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Getting Around Waco, NC

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $745 at Leonard Greene.

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 $508 at Rutherford Crossing.

What is the most affordable Waco Three Bedroom Apartment?

The best deal on a cheap Waco Three Bedroom Apartment rental is at Leonard Greene and starts from $955.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.