Apartments for Rent in Waco, TX Under $1,200 (108 Rentals)

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PECAN RIDGE-WACO
$1,170 - $1,880
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$1,170 - $1,880

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1 to 2 Bedroom Apartments Available Now

PECAN RIDGE-WACO

2736 Lake Shore DrWaco, TX 76708
Corporate Housing
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RIVERCREST
$1,101 - $1,697
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$1,101 - $1,697

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1 to 2 Bedroom Apartments Contact Us For Availability

RIVERCREST

66 Daughtrey AveWaco, TX 76706
Student Housing
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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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The Cove on 21st
$918 - $1,308
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$918 - $1,308

Total Monthly Price
$918 - $1,308
1 to 3 Bedroom Apartments Available Now

The Cove on 21st

2425 S 21st StWaco, TX 76706
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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.

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

property at 104 Faye Dr

$950

1 Bedroom Rentals

Available Now

104 Faye Dr

WacoTX76705
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The Edge
3 Bedroom Apartments

The Edge

2007 S 15th StWaco, TX 76706
  • Utilities Included
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Cottages of Oak Springs
1 to 3 Bedroom Apartments

Cottages of Oak Springs

1900 Woodgate DrWaco, TX 76712
Senior Living
  • Utilities Included

Waco, TX Local Guide

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

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Real 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.

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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.

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

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Waco, TX Area Reviews

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Rhonda

February 25, 2025

I 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 Waco

What is the current price range for One Bedroom Waco Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Waco ranges from $529 to $3,395 with an average monthly rent of $1,189.

What does renting a Two Bedroom Apartment in Waco cost?

The monthly rent prices of Two Bedroom Apartments currently available in Waco range from $749 to $4,027. Today's average rental price for Two Bedrooms here is $1,420.

How expensive are Waco Three Bedroom Apartments?

There are currently 92 Three Bedroom Apartments listings available in Waco on ApartmentHomeLiving.com. The pricing ranges from $659 to $4,653 - averaging $1,579 for the location.

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

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.