
Cheap Homes for Rent near Waco, NC from $695 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Waco.


1104 S Washington St

350 Grice St

312 Willow Ln

231 Dakar Dr
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.

810 Kings Rd

1001 Wilmouth St

301 Vivian St

414 W Ballard St

416 Stroud Rd
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.

816 Churchill Dr

1337 N Lafayette St

300 E Academy St

1011 Earl St

3113 Old School Rd
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.

216 Lineberger St

513 E Pennsylvania Ave
Waco, NC Local Guide

How much does it cost to rent a home in Waco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waco 2 Bedroom Homes for Rent | $1,104 | $695 | $1,495 |
| Waco 3 Bedroom Homes for Rent | $1,575 | $895 | $2,500 |
| Waco 4 Bedroom Homes for Rent | $2,231 | $1,695 | $3,000 |
| Waco 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Top Homes for Rent 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 Park in the Cleveland County neighborhood priced from $800. Chamberlain Pines in the Cleveland County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Waco apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences at Humboldt Park | 1BR/1.0BA | 1BR,1BA | $800 |
| Chamberlain Pines | 1BR/1.0BA | 1BR,1BA | $825 |
| Residences At Humboldt Lake | 1BR/1.0BA | 1BR,1BA | $850 |
| The Madison by Humboldt | 1BR/1.0BA | 1BR,1BA | $895 |
| The Pointe on Lafayette | One Month Free + $50 App Fee Refunded at The Po... | 1BR,1BA | $925 |
Best Value Apartments for Rent in Waco, NC and Nearby
As of September 07, 2026 the best value apartment in the Waco area is the $0.71 price per square foot 3 BR, 2BA Model at Central School Lofts in the starting from $999. The second greatest value Waco apartment is the Three Bed / Two Bath Model at The Lofts at Osage Mill starting at $1,559 with a $1.24 price per square foot in the Crowders View 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. |
|---|---|---|---|
| Central School Lofts | 3 BR, 2BA | 3BR,2BA | $0.71 |
| The Lofts at Osage Mill | Three Bed / Two Bath | 3BR,2BA | $1.24 |
| Rutherford Crossing | 3 Bdrm | 3BR,2BA | $1.21 |
| Washington Square Apartments | Three Bedroom | 3BR,2BA | $1.13 |
| Northway at Sedgefield | 2BR/1.5BA | 2BR,1.5BA | $1.22 |
| The Groves | TG 2x1.5R | 2BR,1.5BA | $1.20 |
| 864 Clemson | Farmhouse - Furnished | 2BR,2.5BA | $0.88 |
| Townhomes @ Humboldt Village | 2BR/1.5BA | 2BR,1.5BA | $1.00 |
| 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 |
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 ArticleNavigating 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.
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 Waco
What type of rentals are currently available in Waco?
There are currently 49 Apartments for Rent in Waco, NC with pricing that ranges from $440 to $2,995. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waco ranging from $695 to $3,000.
What is the current price range for Rental Homes in Waco?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waco ranges from $695 to $3,000 with an average monthly rent of $1,424.
How much are larger Three and Four Bedroom Rentals in Waco?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waco range from $774 to $2,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,495.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.