Cheap Apartments for Rent in Waco, NC from $700 (51 Rentals)

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

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.

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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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Destination at Union
Rent Specials
$1,130 - $4,828
Total Monthly Price

Total Monthly Price

Base Rent
$1,130 - $4,828
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Destination at Union

1272 Union RdGastonia, NC 28054
Corporate Housing
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Chamberlain Pines
Studio to 3 Bedroom Apartments

Chamberlain Pines

1121-1126 Scottsdale DrShelby, NC 28150

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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property at 304 Palm St

$875

2 Bedroom Rentals

Available Now

304 Palm St

ShelbyNC28150

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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Oaks at Edgemont
1 to 3 Bedroom Apartments

Oaks at Edgemont

330 Willow Oak LnGastonia, NC 28054
  • Utilities Included
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Nu Gastonia
2 to 3 Bedroom Apartments

Nu Gastonia

3129 Spring Valley DrGastonia, NC 28052

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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Showing Results 1-50, Page 1 of 2

Waco, NC Local Guide

Cheapest Available Waco Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waco, NC is a 1 Bed unit found at Central School Lofts in the Crowders View neighborhood priced from $748. Residences At Humboldt Lake in the Crowders View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Waco apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Central School Lofts1 BR, 1BA1BR,1BA$748
Residences At Humboldt Lake1BR/1.0BA1BR,1BA$750
Rutherford Crossing1 Bedroom1BR,1BA$814
Residence at Humboldt Park Shelby's best 55+ Senior Living Community.1BR/1.0BA1BR,1BA$850
The Madison by Humboldt1BR/1.0BA1BR,1BA$925
Timbercrest Townhomes1BR/1.0BA1BR,1BA$945
SH302-Chamberlain Oaks Apartments (CHO)2BR/1.0BA2BR,1BA$950
SH304-Humboldt Mountain (HMT)2BR/1.0BA2BR,1BA$950
Northway at Fern ForestWe now partner with CoSign, which may help appl...1BR,1BA$965
Caitlin StationTwo Bedroom2BR,1BA$991

Best Value Apartments for Rent in Waco, NC and Nearby

As of May 04, 2026 the best value apartment in the Waco area is the $1.36 price per square foot Litchfield Model at Affinity at Hudson in the in the Medical Park neighborhood starting from $2,145. The second greatest value Waco apartment is the 3 Bedroom Model at Rutherford Crossing starting at $1,350 with a $1.21 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.
Affinity at HudsonLitchfield3BR,2.5BA$1.36
Rutherford Crossing3 Bedroom3BR,2BA$1.21
The Pointe on Lafayette3B Classic3BR,1BA$1.23
Northway at Windsor2 Story Townhome2BR,1.5BA$1.29
SH302-Chamberlain Oaks Apartments (CHO)2BR/1.0BA2BR,1BA$0.93
864 ClemsonFarmhouse - Furnished2BR,2.5BA$0.88
Nu Hudson2 Bedroom W/ Patio View2BR,1.5BA$1.25
Central School Lofts2 BR, 1.5BA2BR,1.5BA$0.94
Caitlin StationTwo Bedroom2BR,1BA$1.12
SH304-Humboldt Mountain (HMT)2BR/1.0BA2BR,1BA$1.19

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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 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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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 $748 at Central School Lofts.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.