Cheap Apartments for Rent in Waco, NE from $500 (37 Rentals)

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

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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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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1612 F Street
Studio to 2 Bedroom Apartments

1612 F Street

1612 F StLincoln, NE 68508
  • Utilities Included

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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1522 D St
1 Bedroom Apartments

1522 D St

1522 D StLincoln, NE 68502
  • Utilities Included

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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Waco, NE Local Guide

Cheapest Available Waco Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waco, NE is a 4 Beds unit found at Latitude Lincoln in the Haymarket neighborhood priced from $555. The Grand Manse in the Haymarket neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Waco apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Latitude Lincoln4BR/3BA - C Terrace4BR,3BA$555
The Grand ManseAerie StudioStudio,1BA$700
Century HouseSmall Studio 2ndStudio,1BA$715
MEADOW WOODOpen living space + spacious master1BR,1BA$755
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$795
Highland View ApartmentsBonsaiStudio,1BA$879
Ridge Hollow ApartmentsOne Bedroom One Bath1BR,1BA$895
Union at Middle Creek1BD1BR,1BA$899
Canopy ParkSuite 0.2Studio,1BA$950
LINQ Portfolio2 bedroom unit2BR,1BA$965

Best Value Apartments for Rent in Waco, NE and Nearby

As of July 29, 2025 the best value apartment in the Waco area is the $0.75 price per square foot B3 Townhome Model at Academy Lincoln in the in the Haymarket neighborhood starting from $925. The second greatest value Waco apartment is the 2.2a Model at Stadium Walk Apartments starting at $600 with a $0.52 price per square foot in the Clinton 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.
Academy LincolnB3 Townhome2BR,2.5BA$0.75
Stadium Walk Apartments2.2a2BR,2BA$0.52
Bridgeport ApartmentsAshport & Northport3BR,2BA$1.13
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Marshall Apartments2 Bedroom, 1 Bathroom - 1032 SF2BR,1BA$1.06
LINQ Portfolio2 bedroom unit2BR,1BA$1.03
Ridgeland Park Apartments in YorkYork2BR,1BA$1.28
MEADOW WOODOpen living space + spacious master1BR,1BA$1.02
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.11
Ridge Hollow ApartmentsOne Bedroom One Bath1BR,1BA$1.25

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waco, NE Rentals by Map

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Getting Around Waco, NE

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 The Grand Manse listed at $700.

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

The lowest price for a Cheap One Bedroom Waco Apartment is $755 at MEADOW WOOD.

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 $795 at Garden Brooke Apartments.

What is the most affordable Waco Three Bedroom Apartment?

The best deal on a cheap Waco Three Bedroom Apartment rental is at Ridgeland Park Apartments in York and starts from $1,145.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.