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$6901 Bedroom Apartments Available Now
930 N 11th St
930 N 11th StWaco, TX 76707
Cheap Apartments for Rent in the Downtown Waco Neighborhood of Waco, TX from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Waco area of Waco.
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Rent Specials
$941 - $1,2851 to 3 Bedroom Apartments Available Now
Historic Lofts of Waco High
815 Columbus AveWaco, TX 76701
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$9531 to 3 Bedroom Apartments Available Now
Barrons Branch II
817 Colcord AveWaco, TX 76707
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$1,050 - $1,3501 to 2 Bedroom Apartments Available Now
Carriage House
1923 Austin AveWaco, TX 76701
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$1,163 - $2,1661 to 2 Bedroom Apartments Available Jul 7
Franklin Place
600 Franklin AveWaco, TX 76701
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$1,175 - $1,4001 to 3 Bedroom Apartments Available Now
Abbey Glenn Apartments
700 S 4th StWaco, TX 76706
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.
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Rent Specials
$1,208 - $3,051
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,208 - $3,051
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$1,208 - $3,051
Tinsley Place
715 Cleveland AveWaco, TX 76706
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$1,425 - $1,9501 to 2 Bedroom Apartments Available Now
101 Elm
101 Elm StWaco, TX 76704
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$1,430 - $4,027
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,430 - $4,027
Total Monthly Price
$1,430 - $4,027
Riverfront Lofts
414 S University Parks DrWaco, TX 76706
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$1,450 - $1,8001 to 2 Bedroom Apartments Available Now
222 Clay Court
222 Clay AveWaco, TX 76706
804 N 10th St
WacoTX76707
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$1,500 - $1,6251 Bedroom Apartments Available Now
300 Clay Ave
300 Clay AveWaco, TX 76706
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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1 Bedroom Apartments
The Commodores
1326 S 11th StWaco, TX 76706
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1 to 2 Bedroom Apartments
The Belmont Lofts
625 S 5th StWaco, TX 76706
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1 Bedroom Apartments
Bear Landing - Waco Trio
1408 S 10th StWaco, TX 76706
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Studio to 3 Bedroom Apartments
University Place Apartments
1624 S 5th StWaco, TX 76706
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1 to 3 Bedroom Apartments
Behrens Lofts
219 S 4thWaco, TX 76701
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1 to 2 Bedroom Apartments
The Madison
1307 Austin AveWaco, TX 76701
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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2 to 3 Bedroom Apartments
The Centre
1818 S 7th StWaco, TX 76706
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1 to 2 Bedroom Apartments
The Bruin
1300 S 11th StWaco, TX 76706
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2 Bedroom Apartments
18 Hundred Apartments
1800 S 5th StWaco, TX 76706
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1 to 3 Bedroom Apartments
Summit at the Villages at Waco
1100 N 6th StWaco, TX 76707
820 Pecan Ave
WacoTX76704
909 N 10th St
WacoTX76707
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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1 to 3 Bedroom Apartments
Cameron Heights
400 Bosque BlvdWaco, TX 76707
1110 N 11th St
WacoTX76707
Showing Results 1-26, 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 | $1,593 | $1,430 | $1,707 |
| Downtown Waco 1 Bedroom Apartments | $1,299 | $529 | $3,395 |
| Downtown Waco 2 Bedroom Apartments | $1,949 | $953 | $4,027 |
| Downtown Waco 3 Bedroom Apartments | $1,546 | $659 | $3,051 |
| Downtown Waco 4 Bedroom Apartments | $552 | $499 | $589 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 1 mile radius of the Downtown Waco Neighborhood of Waco, TX.
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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 of Waco High has the second lowest priced unit, which is a 1 Bed apartment currently listed from $941. 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 of Waco High | 1 Bedroom | 1BR,1BA | $941 |
| Barrons Branch II | B1 | 2BR,2BA | $953 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1,050 |
| The Bruin | B2 | 2BR,2BA | $1,127 |
| Abbey Glenn Apartments | A5 | 1BR,1BA | $1,175 |
| Tinsley Place | Greenwich 2BR/2BA | 2BR,2BA | $1,293 |
| 101 Elm | 1 Bedroom 1 Bath | 1BR,1BA | $1,425 |
| 300 Clay Ave | 1BD/1B | 1BR,1BA | $1,500 |
| 222 Clay Court | 1 Bedroom Upstairs-with Porch | 1BR,1BA | $1,525 |
Best Value Apartments for Rent in Downtown Waco, TX
As of May 31, 2026 the best value apartment in the Downtown Waco area is the $0.61 price per square foot C1 Model at Elevate in the in the Carver neighborhood starting from $669. The second greatest value Downtown Waco apartment is the B2-R Model at The Bruin starting at $1,140 with a $1.17 price per square foot in the South End 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. |
|---|---|---|---|
| Elevate | C1 | 3BR,3BA | $0.61 |
| The Bruin | B2-R | 2BR,2.5BA | $1.17 |
| Barrons Branch II | B1 | 2BR,2BA | $0.98 |
| 101 Elm | 1 Bedroom 1 Bath | 1BR,1BA | $1.78 |
| 300 Clay Ave | 1BD/1B | 1BR,1BA | $1.88 |
| Historic Lofts of Waco High | 1 Bedroom | 1BR,1BA | $1.19 |
| Tinsley Place | Greenwich 2BR/2BA | 2BR,2BA | $1.64 |
| Abbey Glenn Apartments | A5 | 1BR,1BA | $1.70 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1.56 |
| West Campus Lofts | P1 4 Bed | 1BR,1BA | $1.66 |
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 of Waco High which is listed at $941, 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 19 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 $504 which is $1,071 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.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.