Cheap Apartments for Rent in the Brazos Neighborhood of Waco, TX from $400 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Brazos area of Waco.

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Tinsley Place
Rent Specials
$1,053 - $3,040
Total Monthly Price

Total Monthly Price

Base Rent
$1,053 - $3,040
Total Monthly Price
$1,053 - $3,040
1 to 3 Bedroom Apartments Available Now

Tinsley Place

715 Cleveland AveWaco, TX 76706
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Riverfront Lofts
$1,430 - $4,027
Total Monthly Price

Total Monthly Price

Base Rent
$1,430 - $4,027
Total Monthly Price
$1,430 - $4,027
Studio to 2 Bedroom Apartments Available Now

Riverfront Lofts

414 S University Parks DrWaco, TX 76706
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Commodores
1 Bedroom Apartments

The Commodores

1326 S 11th StWaco, TX 76706
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The Belmont Lofts
1 to 2 Bedroom Apartments

The Belmont Lofts

625 S 5th StWaco, TX 76706
  • Utilities Included
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St. James Place
2 Bedroom Apartments

St. James Place

1226 James AveWaco, TX 76706
  • Utilities Included

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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Pecan Park
1 Bedroom Apartments

Pecan Park

1725 Sanger AveWaco, TX 76707
  • Utilities Included
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19Eleven
1 to 4 Bedroom Apartments

19Eleven

1911 S 8th StWaco, TX 76706
Student Housing
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Behrens Lofts
1 to 3 Bedroom Apartments

Behrens Lofts

219 S 4thWaco, TX 76701
  • Utilities Included
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Bear Colony
2 Bedroom Apartments

Bear Colony

1925 S 12th StWaco, TX 76706
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The Madison
1 to 2 Bedroom Apartments

The Madison

1307 Austin AveWaco, TX 76701
Corporate Housing
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The Centre
2 to 3 Bedroom Apartments

The Centre

1818 S 7th StWaco, TX 76706
Student Housing
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The Bruin
1 to 2 Bedroom Apartments

The Bruin

1300 S 11th StWaco, TX 76706

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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Cameron Heights
1 to 3 Bedroom Apartments

Cameron Heights

400 Bosque BlvdWaco, TX 76707

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.

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Showing Results 1-43, Page 1 of 1

Brazos, Waco, TX Local Guide

Cheapest Available Brazos Apartments for Rent

 

The cheapest available apartment rental in the Brazos area of Waco, TX is a 3 Beds unit found at Elevate priced from $659. Historic Lofts of Waco High has the second lowest priced unit, which is a 1 Bed apartment currently listed from $941. Here are the most affordable Brazos apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
ElevateC23BR,2BA$659
Historic Lofts of Waco High1 Bedroom1BR,1BA$941
Carriage House672 sq ft 1 bed1BR,1BA$1,050
Tinsley PlaceUnion 1BR/1BA1BR,1BA$1,053
Abbey Glenn ApartmentsA51BR,1BA$1,075
The BruinA1-R1BR,1BA$1,099
Franklin PlaceA11BR,1BA$1,163
101 Elm1 Bedroom 1 Bath1BR,1BA$1,425
222 Clay Court1 Bedroom Upstairs-with Porch1BR,1BA$1,525
Park Place Waco ApartmentsA3 Premium1BR,1BA$1,555

Best Value Apartments for Rent in Brazos, TX

As of April 12, 2026 the best value apartment in the Brazos area is the $1.97 price per square foot 1 Bedroom Third Floor-with Porch Model at 222 Clay Court in the in the Carver neighborhood starting from $1,575. The second greatest value Brazos apartment is the 1 Bedroom 1 Bath Model at 101 Elm starting at $1,425 with a $1.78 price per square foot in the Carver neighborhood. Here is today’s list of the best values for Brazos apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
222 Clay Court1 Bedroom Third Floor-with Porch1BR,1BA$1.97
101 Elm1 Bedroom 1 Bath1BR,1BA$1.78
Historic Lofts of Waco High1 Bedroom1BR,1BA$1.19
Riverfront LoftsA7B1BR,1BA$2.53
Carriage House672 sq ft 1 bed1BR,1BA$1.56
Abbey Glenn ApartmentsA4F1BR,1BA$1.97
The BruinA1-R1BR,1BA$1.81
Franklin PlaceA11BR,1BA$2.04
Tinsley PlaceUnion 1BR/1BA1BR,1BA$2.17
West Campus LoftsP1 2 Bed1BR,1BA$2.17

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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.

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Pet Friendly Lifestyle
Brazos, Waco, TX

Ranked #14

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Brazos Apartments

What is a cheap apartment in Brazos?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Brazos is under $1,555.

What is the price of a cheap apartment in Brazos?

The cheapest apartment in Brazos is Historic Lofts of Waco High which is listed at $941, while the average apartment in Brazos costs $3,300.

What types of apartments are the cheapest in Brazos?

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 28 regular apartments in Brazos 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 Brazos?

Cheap apartments in Brazos have an average cost of $333 which is $2,967 cheaper than the average rent for all rentals in Brazos.

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

decorative image for A Texas Local Experts Guide to 10 Top Affordable Neighborhoods for Renting in Waco, TX article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.