
Cheap 2 Bedroom Apartments for Rent in the Downtown Waco Neighborhood of Waco, TX from $934 (16 Rentals)


Historic Lofts of Waco High

Abbey Glenn Apartments

Carriage House

Total Monthly Price
Tinsley Place
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.

804 N 10th St

Behrens Lofts

The Centre

The Belmont Lofts

18 Hundred Apartments
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.

Summit at the Villages at Waco

1417 S 11th St

The Bruin

The Madison

University Place Apartments
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.

Cameron Heights
Downtown Waco, Waco, TX Local Guide

How much does it cost to rent an apartment in Downtown Waco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Waco Studio Apartments | $1,564 | $1,430 | $1,597 |
| Downtown Waco 1 Bedroom Apartments | $1,265 | $519 | $3,435 |
Downtown Waco 2 Bedroom Apartments | $1,995 | $934 | $4,027 |
| Downtown Waco 3 Bedroom Apartments | $1,586 | $659 | $3,040 |
| Downtown Waco 4 Bedroom Apartments | $552 | $499 | $589 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Downtown Waco Neighborhood of Waco, TX.
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Frequently Asked Questions about Cheap Downtown Waco Apartments
What is a cheap apartment in Downtown Waco?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Waco is under $1,525.
What is the price of a cheap apartment in Downtown Waco?
The cheapest apartment in Downtown Waco is Barrons Branch II which is listed at $934, while the average apartment in Downtown Waco costs $1,575.
What types of apartments are the cheapest in Downtown Waco?
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 30 regular apartments in Downtown Waco 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 Downtown Waco?
Cheap apartments in Downtown Waco have an average cost of $470 which is $1,105 cheaper than the average rent for all rentals in Downtown Waco.
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.

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.

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.

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.