Cheap Apartments for Rent in the Brazos Neighborhood of Waco, TX from $500 (22 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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The Commodores
1 Bedroom Apartments

The Commodores

1326 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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St. James Place
2 Bedroom Apartments

St. James Place

1226 James AveWaco, TX 76706
  • Utilities Included
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Pecan Park
1 Bedroom Apartments

Pecan Park

1725 Sanger AveWaco, TX 76707
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Behrens Lofts
1 to 3 Bedroom Apartments

Behrens Lofts

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

Bear Colony

1925 S 12th StWaco, TX 76706

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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The Madison
1 to 2 Bedroom Apartments

The Madison

1307 Austin AveWaco, TX 76701
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The Belmont Lofts
2 Bedroom Apartments

The Belmont Lofts

625 S 5th StWaco, TX 76706
  • Utilities Included

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.

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The Bruin
2 Bedroom Apartments

The Bruin

1300 S 11th StWaco, TX 76706

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 1 Bed unit found at Historic Lofts at Waco High priced from $750. URSA has the second lowest priced unit, which is a 3 Beds apartment currently listed from $799. Here are the most affordable Brazos apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
Historic Lofts at Waco High1 Bedroom1BR,1BA$750
URSA3BR/4BA - with Den3BR,4BA$799
RIVERCRESTA11BR,1BA$1,000
Carriage House672 sq ft 1 bed1BR,1BA$1,100
The BruinB3-R2BR,2BA$1,125

Best Value Apartments for Rent in Brazos, TX

As of May 22, 2025 the best value apartment in the Brazos area is the $1.05 price per square foot B3-R Model at The Bruin in the in the South End neighborhood starting from $1,125. The second greatest value Brazos apartment is the 1BR/2BA - with Den Model at URSA starting at $1,380 with a $1.56 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.
The BruinB3-R2BR,2.5BA$1.05
URSA1BR/2BA - with Den1BR,2BA$1.56
Summit at the Villages at WacoTwo Bedroom/ One Bathroom2BR,1BA$1.50
222 Clay Court1 Bedroom Upstairs-with Porch1BR,1.5BA$1.78
101 Elm1 Bedroom 1 Bath1BR,1BA$1.78
Historic Lofts at Waco High1 Bedroom1BR,1BA$0.94
Tinsley PlaceGreenwich 2BR/2BA2BR,2BA$1.76
Carriage House672 sq ft 1 bed1BR,1BA$1.64
Abbey Glenn ApartmentsA4F1BR,1BA$1.97
RIVERCRESTA11BR,1BA$1.82

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Brazos, Waco, TX

Ranked #16

Among neighborhoods in Waco, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 at Waco High which is listed at $750, while the average apartment in Brazos costs $1,549.

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 46 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 $616 which is $933 cheaper than the average rent for all rentals in Brazos.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.