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$750 - $1,0301 to 3 Bedroom Apartments Available Now
Historic Lofts at Waco High
815 Columbus AveWaco, TX 76701
Cheap Low Income Apartments for Rent in Waco, TX from $500 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Waco.
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$800 - $1,0001 to 3 Bedroom Apartments Available Aug 11
Waco Apartments
2724 Robinson DrWaco, TX 76706
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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Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting
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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 | $1,361 | $659 | $1,881 |
| Waco 1 Bedroom Apartments | $1,362 | $595 | $2,875 |
| Waco 2 Bedroom Apartments | $1,488 | $770 | $3,835 |
| Waco 3 Bedroom Apartments | $1,504 | $700 | $4,419 |
| Waco 4 Bedroom Apartments | $1,243 | $675 | $2,950 |
Explore Waco
Waco, TX Local Guide
- Waco Neighborhoods
- Nearby Cities
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Quick 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.
Getting Around Waco, TX
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 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.
Waco, TX Area Reviews
Do you know the Waco area?
Let everyone know!
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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 a cheap apartment in Waco?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waco is under $866.
What is the price of a cheap apartment in Waco?
The cheapest apartment in Waco is South Terrace which is listed at $658, while the average apartment in Waco costs $1,532.
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 142 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 $334 which is $1,198 cheaper than the average rent for all rentals in Waco.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.