Cheap Apartments for Rent in the Brook-Oaks Neighborhood of Waco, TX from $400 (34 Rentals)

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

property at 615 N 5th St

$825

1 Bedroom Rentals

Available Sep 2

615 N 5th St

WacoTX76701

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

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The Commodores
1 Bedroom Apartments

The Commodores

1326 S 11th StWaco, TX 76706

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Belmont Lofts
1 to 2 Bedroom Apartments

The Belmont Lofts

625 S 5th StWaco, TX 76706
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Tanglewood Garden
1 to 3 Bedroom Apartments

Tanglewood Garden

4500 N 19th StWaco, TX 76708
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St. James Place
2 Bedroom Apartments

St. James Place

1226 James AveWaco, TX 76706
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Pecan Park
1 Bedroom Apartments

Pecan Park

1725 Sanger AveWaco, TX 76707
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Bear Colony
2 Bedroom Apartments

Bear Colony

1925 S 12th StWaco, TX 76706
Showing Results 1-34, Page 1 of 1

Brook-Oaks, Waco, TX Local Guide

Cheapest Available Brook-Oaks Apartments for Rent

 

The cheapest available apartment rental in the Brook-Oaks area of Waco, TX is a 1 Bed unit found at University Club Apartments priced from $649. University Edge Waco has the second lowest priced unit, which is a 4 Beds apartment currently listed from $745. Here are the most affordable Brook-Oaks apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
University Club ApartmentsOne Bedroom1BR,1BA$649
University Edge WacoPlan E4BR,4BA$745
Brazos Park ApartmentsA-1b1bs1BR,1BA$779
101 ElmStudioStudio,1BA$900
Historic Lofts of Waco High1 Bedroom1BR,1BA$959
Bear Colony2 Bed 2.5 Bath - $1000/month - Bear Colony2BR,2BA$1,000
Carriage House672 sq ft 1 bed1BR,1BA$1,050
Barrons Branch IIB12BR,2BA$1,154
River Park2 Bedroom 2 Bath2BR,2BA$1,168
Brookview Hills2 Bedroom, 1 Bathroom Townhome2BR,1BA$1,209

Best Value Apartments for Rent in Brook-Oaks, TX

As of August 19, 2026 the best value apartment in the Brook-Oaks area is the $1.54 price per square foot 2 Bedroom 2 Bath Model at 101 Elm in the in the Carver neighborhood starting from $1,850. The second greatest value Brook-Oaks apartment is the Townhome Model at Columbus Heights starting at $1,613 with a $1.41 price per square foot in the Downtown Waco neighborhood. Here is today’s list of the best values for Brook-Oaks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
101 Elm2 Bedroom 2 Bath2BR,2BA$1.54
Columbus HeightsTownhome2BR,2.5BA$1.41
ElevateC13BR,3BA$0.62
River Park2 Bedroom 2 Bath2BR,2BA$1.12
Brookview Hills2 Bedroom, 1 Bathroom Townhome2BR,1BA$1.21
University Edge WacoPlan B2BR,2BA$0.82
Barrons Branch IIB12BR,2BA$1.18
Abbey Glenn ApartmentsB22BR,2BA$1.39
Historic Lofts of Waco High1 Bedroom1BR,1BA$1.21
University Club ApartmentsOne Bedroom1BR,1BA$1.11

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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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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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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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Texas, including Waco. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, features that make it easier to raise kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Brook-Oaks Apartments

What is the price of a cheap apartment in Brook-Oaks?

The cheapest apartment in Brook-Oaks is University Club Apartments which is listed at $649, while the average apartment in Brook-Oaks costs $1,209.

What types of apartments are the cheapest in Brook-Oaks?

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 61 regular apartments in Brook-Oaks 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 Brook-Oaks?

Cheap apartments in Brook-Oaks have an average cost of $465 which is $744 cheaper than the average rent for all rentals in Brook-Oaks.

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 Top Neighborhoods to Rent Near Major Colleges and Universities in Waco article

Top Neighborhoods to Rent Near Major Colleges and Universities in Waco

Written by: Rhonda R Fletcher

Hi, I'm Rhonda, your ApartmentHomeLiving.com Local Expert for Waco, Texas. Waco is a fun town (even for Longhorns). There are some great diners and beautiful landmarks.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.