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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 | $1,471 | $1,400 | $1,542 |
| Downtown Waco 1 Bedroom Apartments | $1,477 | $366 | $3,030 |
| Downtown Waco 2 Bedroom Apartments | $1,808 | $436 | $3,975 |
| Downtown Waco 3 Bedroom Apartments | $1,129 | $505 | $3,634 |
| Downtown Waco 4 Bedroom Apartments | $922 | $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.
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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. Tinsley Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,044. 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 |
| Tinsley Place | Union 1BR/1BA | 1BR,1BA | $1,044 |
| The Bruin | A1-R | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Downtown Waco, TX
As of January 03, 2026 the best value apartment in the Downtown Waco area is the $1.81 price per square foot 1 Bedroom Third Floor-with Porch Model at 222 Clay Court in the in the Carver neighborhood starting from $1,450. The second greatest value Downtown Waco apartment is the 1 Bedroom 1 Bath Model at 101 Elm starting at $1,425 with a $1.78 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. |
|---|---|---|---|
| 222 Clay Court | 1 Bedroom Third Floor-with Porch | 1BR,1BA | $1.81 |
| 101 Elm | 1 Bedroom 1 Bath | 1BR,1BA | $1.78 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1.64 |
| The Bruin | A1-R | 1BR,1BA | $1.77 |
| Franklin Place | A2 | 1BR,1BA | $2.00 |
| Elevate | A1 | 1BR,1BA | $2.70 |
| Riverfront Lofts | E1 | Studio ,1BA | $2.81 |
| Abbey Glenn Apartments | A1F | 1BR,1BA | $2.47 |
| Tinsley Place | Union 1BR/1BA | 1BR,1BA | $2.15 |
| West Campus Lofts | P1 1 Bed | 1BR,1BA | $2.91 |
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 Tinsley Place which is listed at $1,044, while the average apartment in Downtown Waco costs $1,677.
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 61 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 $658 which is $1,019 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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.