Cheap Homes for Rent in the Heart of Texas Neighborhood of Waco, TX from $795 (22 Rentals)

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Search the lowest-cost Homes available for rent right now in the Heart of Texas area of Waco.

Heart of Texas - 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!

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.

property at 3801 Parkwood St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

3801 Parkwood St

WacoTX76710

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.

Heart of Texas, Waco, TX Local Guide

Cheapest Available Heart of Texas Apartments for Rent

 

The cheapest available apartment rental in the Heart of Texas area of Waco, TX is a 1 Bed unit found at Rambler Heights priced from $750. The Edmond Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here are the most affordable Heart of Texas apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
Rambler Heights1 Bedroom1BR,1BA$750
The Edmond Apartments1X11BR,1BA$855
Car Mel Apartments1-1 Standard1BR,1BA$865
Westwood Villa Apartments1BR/1BA1BR,1BA$915
Sunrise PointeA11BR,1BA$928

Best Value Apartments for Rent in Heart of Texas, TX

As of August 30, 2026 the best value apartment in the Heart of Texas area is the $1.04 price per square foot 2 Bed, 2 Bath Model at Lake Air Green Apartments in the in the Parkdale neighborhood starting from $1,200. The second greatest value Heart of Texas apartment is the 2 Bed Townhome Model at Park Place Apartments starting at $1,300 with a $1.13 price per square foot in the Parkdale neighborhood. Here is today’s list of the best values for Heart of Texas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake Air Green Apartments2 Bed, 2 Bath2BR,2BA$1.04
Park Place Apartments2 Bed Townhome2BR,2.5BA$1.13
Columbus HeightsTownhome2BR,2.5BA$1.41
Brookview Hills2 Bedroom, 1 Bathroom Townhome2BR,1BA$1.21
Sandstone2 Bed, 1 Bath A (80% Income Restricted)2BR,1BA$1.22
Westwood Villa Apartments1BR/1BA1BR,1BA$1.24
Car Mel Apartments1-1 R1BR,1BA$1.32
Sunrise PointeA11BR,1BA$1.31
Rambler Heights1 Bedroom1BR,1BA$1.10
Three 44 ApartmentsA11BR,1BA$1.47

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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Pet Friendly Lifestyle
Heart Of Texas, Waco, TX

Ranked #13

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Heart of Texas

What type of rentals are currently available in Heart of Texas?

There are currently 76 Apartments for Rent in Heart of Texas, TX with pricing that ranges from $795 to $1,860. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Heart of Texas ranging from $795 to $3,900.

What is the current price range for Rental Homes in Heart of Texas?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Heart of Texas ranges from $795 to $3,900 with an average monthly rent of $1,536.

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

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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.

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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.

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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.

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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.