Cheap Apartments for Rent in the East Riverside Neighborhood of Waco, TX from $446 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Riverside area of Waco.

property at 615 N 5th St

$825

1 Bedroom Rentals

Available Sep 2

615 N 5th St

WacoTX76701

East Riverside - One of the Best Affordable Neighborhoods in Waco

Named as one of the Best Affordable Neighborhoods to rent in Waco by our Local Expert for Texas, Rhonda R Fletcher. See how it ranks!

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RIVERCREST
$1,101 - $1,697
Total Monthly Price

Total Monthly Price

Base Rent
$1,101 - $1,697
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Contact Us For Availability

RIVERCREST

66 Daughtrey AveWaco, TX 76706
Student Housing
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  • Utilities Included
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The Commodores
1 Bedroom Apartments

The Commodores

1326 S 11th StWaco, TX 76706
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1400 Woodbine St
1 Bedroom Apartments

1400 Woodbine St

1400 Woodbine StWaco, TX 76705
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Belmont Lofts
1 to 2 Bedroom Apartments

The Belmont Lofts

625 S 5th StWaco, TX 76706
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St. James Place
2 Bedroom Apartments

St. James Place

1226 James AveWaco, TX 76706
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Pecan Park
1 Bedroom Apartments

Pecan Park

1725 Sanger AveWaco, TX 76707
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19Eleven
1 to 4 Bedroom Apartments

19Eleven

1911 S 8th StWaco, TX 76706
Student Housing
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Behrens Lofts
1 to 3 Bedroom Apartments

Behrens Lofts

219 S 4thWaco, TX 76701
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Centre
2 to 3 Bedroom Apartments

The Centre

1818 S 7th StWaco, TX 76706
Student Housing
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The Bruin
1 to 2 Bedroom Apartments

The Bruin

1300 S 11th StWaco, TX 76706
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The Madison
1 to 2 Bedroom Apartments

The Madison

1307 Austin AveWaco, TX 76701
Corporate Housing

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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Showing Results 1-50, Page 1 of 2

East Riverside, Waco, TX Local Guide

Cheapest Available East Riverside Apartments for Rent

 

The cheapest available apartment rental in the East Riverside area of Waco, TX is a 1 Bed unit found at University Club Apartments priced from $649. University Edge Waco has the second lowest priced unit, which is a 4 Beds apartment currently listed from $745. Here are the most affordable East Riverside apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
University Club ApartmentsOne Bedroom1BR,1BA$649
University Edge WacoPlan E4BR,4BA$745
LL Sams ApartmentsStandard Loft - 4 BDR, 2 BTH | ONE LEFT4BR,2BA$769
Brazos Park ApartmentsA-1b1bs1BR,1BA$779
101 ElmStudioStudio,1BA$900
Historic Lofts of Waco High1 Bedroom1BR,1BA$959
The Enclave at the StadiumB12BR,2BA$1,012
Carriage House672 sq ft 1 bed1BR,1BA$1,050
Barrons Branch IIB12BR,2BA$1,154
River Park2 Bedroom 2 Bath2BR,2BA$1,168

Best Value Apartments for Rent in East Riverside, TX

As of August 23, 2026 the best value apartment in the East Riverside area is the $0.58 price per square foot D1 Premium Model at The Den in the in the South End neighborhood starting from $835. The second greatest value East Riverside apartment is the Townhome Model at Columbus Heights starting at $1,613 with a $1.41 price per square foot in the Downtown Waco neighborhood. Here is today’s list of the best values for East Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The DenD1 Premium4BR,4BA$0.58
Columbus HeightsTownhome2BR,2.5BA$1.41
Bear Crossing3 Bedroom 3 Bath3BR,3BA$1.36
ElevateC13BR,3BA$0.62
River Park2 Bedroom 2 Bath2BR,2BA$1.12
University Edge WacoPlan B2BR,2BA$0.82
Barrons Branch IIB12BR,2BA$1.18
LL Sams ApartmentsStandard Loft - 2 BDR, 1 BTH | VERY LIMITED2BR,1BA$0.95
Historic Lofts of Waco High1 Bedroom1BR,1BA$1.21
University Club ApartmentsOne Bedroom1BR,1BA$1.11

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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Top 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Lifestyle
East Riverside, Waco, TX

Ranked #4

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
East Riverside, Waco, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Waco. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, apartment complexes for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap East Riverside Apartments

What is the price of a cheap apartment in East Riverside?

The cheapest apartment in East Riverside is University Club Apartments which is listed at $649, while the average apartment in East Riverside costs $1,204.

What types of apartments are the cheapest in East Riverside?

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 76 regular apartments in East Riverside 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 East Riverside?

Cheap apartments in East Riverside have an average cost of $537 which is $667 cheaper than the average rent for all rentals in East Riverside.

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

decorative image for Top Neighborhoods to Rent Near Major Colleges and Universities in Waco article

Top Neighborhoods to Rent Near Major Colleges and Universities in Waco

Written by: Rhonda R Fletcher

Hi, I'm Rhonda, your ApartmentHomeLiving.com Local Expert for Waco, Texas. Waco is a fun town (even for Longhorns). There are some great diners and beautiful landmarks.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.