Cheap Homes for Rent in Heart of Texas Neighborhood of Waco, TX from $500 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Read Article

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.

Read Article
Showing Results 1-9, Page 1 of 1

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 has the second lowest priced unit, which is a Studio apartment currently listed from $799. 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 EdmondThe ArmstrongStudio,1BA$799
Sandstone1 Bed, 1 Bath A (80% Income Restricted)1BR,1BA$829

Best Value Apartments for Rent in Heart of Texas, TX

As of February 22, 2026 the best value apartment in the Heart of Texas area is the $1.04 price per square foot Two Bedroom Model at Park Place Apartments in the in the Parkdale neighborhood starting from $1,200. The second greatest value Heart of Texas apartment is the 1 Bed, 1 Bath Model at Lake Air Green Apartments starting at $1,000 with a $1.18 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.
Park Place ApartmentsTwo Bedroom2BR,2BA$1.04
Lake Air Green Apartments1 Bed, 1 Bath1BR,1BA$1.18
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$1.29
Highland Cove1 BR A 1BR,1BA$1.34
Rambler Heights1 Bedroom1BR,1BA$1.10
Woodhollow ApartmentsA2-D 1X11BR,1BA$1.63
Three 44 ApartmentsA11BR,1BA$1.58
Avila1 Bed, 1 Bath1BR,1BA$1.61
Sandstone1 Bed, 1 Bath A1BR,1BA$1.67
The EdmondThe ArmstrongStudio ,1BA$1.52

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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Heart Of Texas, Waco, TX

Ranked #10

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Heart Of Texas, Waco, TX

School data provided by Great Schools

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 A Texas Local Experts Guide to 10 Top Affordable Neighborhoods for Renting in Waco, TX article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.