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$750 - $1,0301 to 3 Bedroom Apartments Available Now
Historic Lofts at Waco High
815 Columbus AveWaco, TX 76701
Cheap Apartments for Rent in the Downtown Waco Neighborhood of Waco, TX from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Waco area of Waco.
1343 S 11th St, Unit 4
1343 S 11th St
WacoTX76706
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805 S 8th St
WacoTX76706
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Rent Specials
$1,100 - $1,3951 to 2 Bedroom Apartments Available Now
Carriage House
1923 Austin AveWaco, TX 76701
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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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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Showing Results 1-12, Page 1 of 1
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 | $1,505 | $1,425 | $1,557 |
| Downtown Waco 1 Bedroom Apartments | $1,594 | $750 | $2,990 |
| Downtown Waco 2 Bedroom Apartments | $2,088 | $893 | $3,975 |
| Downtown Waco 3 Bedroom Apartments | $1,342 | $735 | $2,050 |
| Downtown Waco 4 Bedroom Apartments | $717 | $709 | $725 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Downtown Waco Neighborhood of Waco, TX.
See all Apartments in WacoExplore Waco
Downtown Waco, Waco, TX Local Guide
- Nearby Waco neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Downtown Waco Apartments for Rent
The cheapest available apartment rental in the Downtown Waco area of Waco, TX is a 1 Bed unit found at Historic Lofts at Waco High priced from $750. The Centre has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,029. Here are the most affordable Downtown Waco apartments for rent in Waco, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $750 |
| The Centre | 2/2.5 | 2BR,2BA | $1,029 |
| Abbey Glenn Apartments | A5 | 1BR,1BA | $1,100 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1,100 |
| Tinsley Place | Greenwich 2BR/2BA | 2BR,2BA | $1,248 |
Best Value Apartments for Rent in Downtown Waco, TX
As of September 05, 2025 the best value apartment in the Downtown Waco area is the $1.13 price per square foot 2/2 Model at The Centre in the in the South End neighborhood starting from $1,249. The second greatest value Downtown Waco apartment is the B1 Model at Franklin Place starting at $1,659 with a $1.72 price per square foot in the Carver neighborhood. Here is today’s list of the best values for Downtown Waco apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Centre | 2/2 | 2BR,2BA | $1.13 |
| Franklin Place | B1 | 2BR,2BA | $1.72 |
| 222 Clay Court | 1 Bedroom Third Floor-with Porch | 1BR,1BA | $1.81 |
| 101 Elm | 1 Bedroom 1 Bath | 1BR,1BA | $1.78 |
| Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $0.94 |
| Riverfront Lofts | A10B | 1BR,1BA | $2.45 |
| Abbey Glenn Apartments | A5 | 1BR,1BA | $1.59 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1.64 |
| Tinsley Place | Flatiron Garage 1BR/1BA | 1BR,1BA | $2.43 |
| Park Place Waco Apartments | Studio Premium | 1BR,1BA | $3.13 |
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Pet Friendly LifestyleDowntown Waco, Waco, TX
Ranked #13
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Downtown Waco Neighborhood in Waco, TX
Walk Score®
63 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Waco Apartments
What is the price of a cheap apartment in Downtown Waco?
The cheapest apartment in Downtown Waco is Historic Lofts at Waco High which is listed at $750, while the average apartment in Downtown Waco costs $2,166.
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 11 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 $458 which is $1,708 cheaper than the average rent for all rentals in Downtown Waco.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.