
Cheap Apartments for Rent in the Brazos Neighborhood of Waco, TX from $400 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Brazos area of Waco.


2021 Austin Ave

Historic Lofts of Waco High

Barrons Branch II

Carriage House

Franklin Place

Abbey Glenn Apartments
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.

1226 Baylor Ave

1915 S 10th St

Total Monthly Price
Tinsley Place

1327 Speight Ave

The Commodores

Twenty Twenty Cottages

The Belmont Lofts
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.

Bear Landing - Waco Trio

University Place Apartments

St. James Place

Pecan Park

1421 S 12th St

19Eleven

Behrens Lofts
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.

1214 Baylor Ave

Bear Colony

The Madison

The Centre

The Bruin

1307 Speight Ave

2005 S 8th
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.

700 S 24th St

Summit at the Villages at Waco
Brazos, Waco, TX Local Guide

How much does it cost to rent an apartment in Brazos?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Brazos Studio Apartments | $1,584 | $1,430 | $1,707 |
| Brazos 1 Bedroom Apartments | $1,293 | $529 | $3,395 |
| Brazos 2 Bedroom Apartments | $1,902 | $953 | $4,027 |
| Brazos 3 Bedroom Apartments | $1,632 | $659 | $3,028 |
| Brazos 4 Bedroom Apartments | $1,267 | $499 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 1 mile radius of the Brazos Neighborhood of Waco, TX.
See all Apartments in WacoExplore Waco
Brazos, Waco, TX Local Guide
- Nearby Waco neighborhoods
- Nearby Cities
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- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elevate | C2 | 3BR,2BA | $659 |
| Historic Lofts of Waco High | 1 Bedroom | 1BR,1BA | $941 |
| Barrons Branch II | B1 | 2BR,2BA | $953 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1,050 |
| The Bruin | A1-R | 1BR,1BA | $1,099 |
| Franklin Place | A1 | 1BR,1BA | $1,163 |
| Abbey Glenn Apartments | A5 | 1BR,1BA | $1,175 |
| Tinsley Place | Greenwich 2BR/2BA | 2BR,2BA | $1,328 |
| 101 Elm | 1 Bedroom 1 Bath | 1BR,1BA | $1,425 |
| 300 Clay Ave | 1BD/1B | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Brazos, TX
As of May 28, 2026 the best value apartment in the Brazos area is the $1.41 price per square foot Townhome Model at Columbus Heights in the in the Downtown Waco neighborhood starting from $1,613. The second greatest value Brazos apartment is the C1 Model at Elevate starting at $669 with a $0.61 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Columbus Heights | Townhome | 2BR,2.5BA | $1.41 |
| Elevate | C1 | 3BR,3BA | $0.61 |
| Barrons Branch II | B1 | 2BR,2BA | $0.98 |
| 101 Elm | 1 Bedroom 1 Bath | 1BR,1BA | $1.78 |
| Historic Lofts of Waco High | 1 Bedroom | 1BR,1BA | $1.19 |
| Tinsley Place | Greenwich 2BR/2BA | 2BR,2BA | $1.68 |
| Abbey Glenn Apartments | A5 | 1BR,1BA | $1.70 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1.56 |
| The Bruin | A1-R | 1BR,1BA | $1.81 |
| West Campus Lofts | P1 4 Bed | 1BR,1BA | $1.66 |
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.
Read ArticleTop 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.
Pet Friendly LifestyleBrazos, Waco, TX
Ranked #11
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Brazos Apartments
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 $1,566.
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 20 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 $395 which is $1,171 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

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.