
New Apartments for Rent in Waco, TX Under $1,500 (16 Rentals)


Total Monthly Price
Riverfront Lofts

101 Elm

Total Monthly Price
Roots at Waco

Total Monthly Price
Bend at New Road
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.

Total Monthly Price
Tuscany Ranch Apartments

Virtu on Bagby Ave

Carriage House

Station at Cottonwood Creek

Avanti Viking Hills
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

The Residences at Lake Waco '(55+ Community)

Park Place Waco Apartments

URSA - Historical Access II

Total Monthly Price
The Zoe

Total Monthly Price
Icon at Hewitt
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.

Newera Apartments
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 | $1,267 | $599 | $1,707 |
| Waco 1 Bedroom Apartments | $1,181 | $529 | $3,395 |
| Waco 2 Bedroom Apartments | $1,438 | $749 | $4,027 |
| Waco 3 Bedroom Apartments | $1,598 | $659 | $4,670 |
| Waco 4 Bedroom Apartments | $1,227 | $499 | $2,150 |
Explore Waco

Waco, TX Local Guide
- Waco Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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
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 New Waco Apartments
What is the Cheapest New apartment in Waco?
Currently the most affordable New Apartment in Waco is at Carriage House listed at $1,050.
How much is the average rent for a New Waco Apartment?
The average rent for a New Apartment in Waco is $1,871.
What is the largest New Waco Apartment for rent?
Today's New apartment with the most square footage in Waco is a 1,965 square feet unit starting from $1,430 at Riverfront Lofts.
What is the average size for Waco New Apartments for rent?
The average size for a New rental in Waco is currently at 656 sq ft.
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.

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.