
Cheap Apartments for Rent in Waco, TX from $400 (92 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Waco.


The Belmont Lofts

Bear Landing - Waco Trio

South Terrace

Tanglewood Garden

University Place Apartments

St. James Place

Ambassador Residence

Pecan Park

Legacy Ridge
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.

Highlander Square Apartments

Peppertree

Village Square Apartments

Bordeaux XI Apartments

Northwind Apartments

Tennyson Arms

Prime Properties Waco

19Eleven

Behrens Lofts

Tribeca
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.

Bear Colony

The Landing

Three 44 Apartments

The Centre

The Midway

Red Oak Townhomes

Creole Apartments

18 Hundred Apartments

The Residences at Lake Waco '(55+ Community)

Cottages of Oak Springs
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.

The Bruin

The Edge

The Madison

Brookside Apartments

613-615-615 Barbara Jean Dr

101-103-103 Omaha Dr

105-107 El Dorado Dr

Total Monthly Price
The Majestic at Hewitt

Woodway Park Condominiums

Lacy Terrace
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

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 | $1,285 | $649 | $1,920 |
| Cheap Waco 1 Bedroom Apartments | $1,217 | $414 | $3,435 |
| Cheap Waco 2 Bedroom Apartments | $1,436 | $492 | $4,027 |
| Cheap Waco 3 Bedroom Apartments | $1,508 | $568 | $4,803 |
| Cheap Waco 4 Bedroom Apartments | $1,104 | $499 | $2,295 |
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 the price of a cheap apartment in Waco?
The cheapest apartment in Waco is Barrons Branch II which is listed at $455, while the average apartment in Waco costs $1,691.
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 363 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 $427 which is $1,264 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 Expert's 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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.