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$709 - $1,0391 to 4 Bedroom Apartments Available Now
University Club Apartments
1725 N Martin Luther King Jr BlvdWaco, TX 76704
Cheap Gated Apartments for Rent in Waco, TX from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Waco.
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$779 - $1,2391 to 2 Bedroom Apartments Available Now
Brazos Park Apartments
1800 N Martin Luther King Jr BlvdWaco, TX 76704
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$902 - $1,3731 to 4 Bedroom Apartments Available Now
Costa Esmeralda
1516 Gurley LnWaco, TX 76706
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$943 - $1,093
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$943 - $1,093
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$943 - $1,093
The Cove on 21st
2425 S 21st StWaco, TX 76706
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$945 - $1,3251 to 2 Bedroom Apartments Available Now
Madeira Apartments
7301 Sanger AveWaco, TX 76712
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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$964 - $1,0491 to 2 Bedroom Apartments Contact Us For Availability
River Park Apartment Homes
1001 N Martin Luther King Jr BlvdWaco, TX 76704
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$1,050 - $1,3501 to 2 Bedroom Apartments Available Now
Carriage House
1923 Austin AveWaco, TX 76701
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$1,090 - $1,9781 to 3 Bedroom Apartments Available Now
The Enclave at the Stadium
1600 S M.L.K. Jr BlvdWaco, TX 76704
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1 to 2 Bedroom Apartments
The Belmont Lofts
625 S 5th StWaco, TX 76706
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1 to 3 Bedroom Apartments
Behrens Lofts
219 S 4thWaco, TX 76701
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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Waco, TX Local Guide
How much does it cost to rent an apartment in Waco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waco Studio Apartments | $1,255 | $649 | $1,747 |
| Waco 1 Bedroom Apartments | $1,203 | $529 | $3,395 |
| Waco 2 Bedroom Apartments | $1,428 | $749 | $4,027 |
| Waco 3 Bedroom Apartments | $1,615 | $659 | $4,561 |
| Waco 4 Bedroom Apartments | $1,130 | $499 | $2,150 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Waco, TX Local Guide
- Waco Neighborhoods
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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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Top Neighborhoods to Rent Near Major Colleges and Universities in Waco
A Local Experts Guide to The Neighborhoods for Student Housing near Colleges and Universities in Waco. Find your perfect Waco apartment, condo, or rental home today at ApartmentHomeliving.com
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, TX Rentals by Map
See the most popular apartments and homes in Waco, TX
Waco, TX Area Reviews
Do you know the Waco area?
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Rhonda
February 25, 2025I have spent a lot of time in Waco over the years. It is a great place to start a family or retire for a quieter lifestyle.
Frequently Asked Questions about Cheap Waco Apartments
What is the price of a cheap apartment in Waco?
The cheapest apartment in Waco is University Club Apartments which is listed at $709, while the average apartment in Waco costs $1,681.
What types of apartments are the cheapest in Waco?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 443 regular apartments in Waco that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Waco?
Cheap apartments in Waco have an average cost of $416 which is $1,265 cheaper than the average rent for all rentals in Waco.
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
A Texas Local Experts Guide to 10 Top Affordable Neighborhoods for Renting in Waco, TX
Written by: Rhonda R Fletcher
Hi, I'm Rhonda, your ApartmentHomeLiving.com Local Expert for Waco, Texas. I've lived in Central Texas for over 25 years and have seen a lot of change and growth in the Waco area.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.