1417 S 11th St
WacoTX76706
Cheap Homes for Rent in Downtown Waco Neighborhood of Waco, TX from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Waco area of Waco.
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.
423 Sherman St
WacoTX76704
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.
719 N 13th St
WacoTX76707
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Downtown Waco, Waco, TX Local Guide
How much does it cost to rent a home in Downtown Waco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Waco 2 Bedroom Homes for Rent | $1,531 | $1,250 | $1,895 |
| Downtown Waco 3 Bedroom Homes for Rent | $1,667 | $1,250 | $2,400 |
| Downtown Waco 4 Bedroom Homes for Rent | $1,675 | $1,675 | $1,675 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Downtown Waco Neighborhood of Waco, TX.
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Best Value Apartments for Rent in Downtown Waco, TX
As of April 04, 2026 the best value apartment in the Downtown Waco area is the $1.97 price per square foot 1 Bedroom Third Floor-with Porch Model at 222 Clay Court in the in the Carver neighborhood starting from $1,575. 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 | $1.97 |
| 101 Elm | 1 Bedroom 1 Bath | 1BR,1BA | $1.78 |
| Historic Lofts of Waco High | 1 Bedroom | 1BR,1BA | $1.19 |
| Barron's Branch Apartments | 1 Bedroom | 1BR,1BA | $1.30 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1.56 |
| Abbey Glenn Apartments | A4F | 1BR,1BA | $1.97 |
| The Bruin | A1-R | 1BR,1BA | $1.81 |
| Franklin Place | A1 | 1BR,1BA | $2.04 |
| Tinsley Place | Union 1BR/1BA | 1BR,1BA | $2.27 |
| West Campus Lofts | P1 2 Bed | 1BR,1BA | $2.17 |
Frequently Asked Questions about Downtown Waco
What type of rentals are currently available in Downtown Waco?
There are currently 39 Apartments for Rent in Downtown Waco, TX with pricing that ranges from $499 to $4,027. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Waco ranging from $1,250 to $2,400.
What is the current price range for Rental Homes in Downtown Waco?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Waco ranges from $1,250 to $2,400 with an average monthly rent of $1,624.
How much are larger Three and Four Bedroom Rentals in Downtown Waco?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Waco range from $659 to $2,479, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,675 and Four Bedroom Apartments start at $499.
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.
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.