
Cheap Apartments for Rent in Waco, TX from $300 (81 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Waco.


South Terrace

Tanglewood Garden

University Place Apartments

St. James Place

Village Square Apartments

Ambassador Residence

Pecan Park

Legacy Ridge

Highlander Square Apartments
Waco's Best Affordable Neighborhoods
Learn about Waco and the best places to live with original content written by our Texas Local Expert Rhonda R Fletcher

Peppertree

Bordeaux XI Apartments

Northwind Apartments

Tennyson Arms

19Eleven

Behrens Lofts

Bear Colony

The Madison

The Centre

Three 44 Apartments

Allen Place

The Midway

Red Oak Townhomes

The Bruin

Creole Apartments

1101 Holly Vista St

Total Monthly Price
Brookside Apartments

204-206-206 Romana Cir

Lacy Terrace

Lacy Lofts

Hunterwood
Waco, TX Local Guide

How much does it cost to rent an apartment in Waco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Waco Studio Apartments | $1,232 | $599 | $1,643 |
| Cheap Waco 1 Bedroom Apartments | $1,251 | $366 | $4,495 |
| Cheap Waco 2 Bedroom Apartments | $1,374 | $436 | $5,570 |
| Cheap Waco 3 Bedroom Apartments | $1,503 | $505 | $7,493 |
| Cheap Waco 4 Bedroom Apartments | $1,162 | $499 | $2,996 |
Browse Top Apartments in Waco
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Waco, TX Area Reviews
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 $833.
What is the price of a cheap apartment in Waco?
The cheapest apartment in Waco is Eagle Crest Apartments which is listed at $699, while the average apartment in Waco costs $1,727.
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 756 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 $417 which is $1,310 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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.