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$366 - $1,2001 to 4 Bedroom Apartments Contact Us For Availability
Barron's Branch Apartments
817 Colcord AveWaco, TX 76707
Cheap Apartments for Rent in the Downtown Waco Neighborhood of Waco, TX from $300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Waco area of Waco.
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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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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 | $1,460 | $1,375 | $1,557 |
| Downtown Waco 1 Bedroom Apartments | $1,545 | $366 | $3,170 |
| Downtown Waco 2 Bedroom Apartments | $1,962 | $436 | $3,975 |
| Downtown Waco 3 Bedroom Apartments | $963 | $505 | $3,637 |
| Downtown Waco 4 Bedroom Apartments | $916 | $499 | $2,750 |
Browse Apartments in this Neighborhood
There are currently 8 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
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Cheapest Available Downtown Waco Apartments for Rent
The cheapest available apartment rental in the Downtown Waco area of Waco, TX is a 3 Beds unit found at Elevate priced from $659. Historic Lofts at Waco High has the second lowest priced unit, which is a 1 Bed apartment currently listed from $918. Here are the most affordable Downtown Waco apartments for rent in Waco, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elevate | C2 | 3BR,2BA | $659 |
| Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $918 |
| Tinsley Place | Union 1BR/1BA | 1BR,1BA | $1,042 |
Best Value Apartments for Rent in Downtown Waco, TX
As of November 16, 2025 the best value apartment in the Downtown Waco area is the $1.26 price per square foot B3-R Model at The Bruin in the in the South End neighborhood starting from $1,355. The second greatest value Downtown Waco apartment is the 1 Bedroom Third Floor-with Porch Model at 222 Clay Court starting at $1,450 with a $1.81 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 Bruin | B3-R | 2BR,2.5BA | $1.26 |
| 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 | $1.16 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1.64 |
| Tinsley Place | Flatiron Garage 1BR/1BA | 1BR,1BA | $2.17 |
| Franklin Place | A1 | 1BR,1BA | $2.04 |
| Elevate | A1 | 1BR,1BA | $2.70 |
| Abbey Glenn Apartments | A1F | 1BR,1BA | $2.47 |
| West Campus Lofts | P1 2 Bed | 1BR,1BA | $2.10 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 ArticleQuick Rent Budget Calculator
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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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Pet Friendly LifestyleDowntown Waco, Waco, TX
Ranked #15
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 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 $1,425.
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 $918, while the average apartment in Downtown Waco costs $2,230.
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 33 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 $530 which is $1,700 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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.