256 Candyce Dr
LorenaTX76655
Cheap Homes for Rent in Waco, TX from $400 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Waco.
1048 Eagle Canyon Dr
China SpringTX76633
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4100 N 30th St
WacoTX76708
4008 Homan Ave
WacoTX76707
812 N 62nd St
WacoTX76710
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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.
2701 Colonial Ave
WacoTX76707
2208 Sanger Ave
WacoTX76707
4203 Compton Ln
BellmeadTX76705
516 Lottie St
WacoTX76704
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
2121 N 15th St
WacoTX76708
2417 N 22nd St
WacoTX76708
3308 N 24th St
WacoTX76708
1421 S 12th St
WacoTX76706
1411 S 11th St
WacoTX76706
3019 McFerrin Ave
WacoTX76708
2700 W Waco Dr
WacoTX76710
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
115 Docs Run
WacoTX76705
3928 Homan Ave
WacoTX76707
1214 Baylor Ave
WacoTX76706
1206 Chestnut St
WacoTX76704
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Waco, TX Local Guide
How much does it cost to rent a home in Waco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waco 2 Bedroom Homes for Rent | $1,323 | $950 | $2,500 |
| Waco 3 Bedroom Homes for Rent | $1,887 | $1,200 | $3,900 |
| Waco 4 Bedroom Homes for Rent | $2,193 | $1,200 | $3,800 |
| Waco 5 Bedroom Homes for Rent | $1,860 | $450 | $3,000 |
| Waco 6 Bedroom Homes for Rent | $2,200 | $700 | $3,700 |
Browse Top Homes for Rent in Waco
Explore Waco
Waco, TX Local Guide
- Waco Neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Waco, TX
Pricing Updated: 06/25/2025Current apartment rentals in the Waco, TX area range in price from $599 to $4,316 with an overall median price of $1,599. The three Waco neighborhoods with the lowest median rent pricing are Brookview at $695, North End at $675, and North Waco at $675. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Waco Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Brookview | $1,199 | $695 | 42 |
| North End | $1,225 | $675 | 85 |
| North Waco | $1,225 | $675 | 83 |
| Landon Branch | $1,384 | $675 | 132 |
| Timbercrest | $1,399 | $599 | 65 |
| Carver | $1,526 | $659 | 87 |
| Oakwood | $1,535 | $599 | 150 |
| Brook-Oaks | $1,549 | $675 | 86 |
| East Riverside | $1,549 | $599 | 115 |
| South End | $1,549 | $599 | 79 |
Cheapest Available Waco Apartments for Rent
The cheapest available apartment rental in Waco, TX is a 1 Bed unit found at South Terrace in the South End neighborhood priced from $658. University Club Apartments in the Carver neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Waco apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| South Terrace | 1x1 | 1BR,1BA | $658 |
| University Club Apartments | One Bedroom | 1BR,1BA | $699 |
| Brazos Park Apartments | B-1b1bm | 1BR,1BA | $749 |
| Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $750 |
| Heritage Square | A | 1BR,1BA | $781 |
Best Value Apartments for Rent in Waco, TX
As of June 26, 2025 the best value apartment in the Waco area is the $1.19 price per square foot B Floor Plan Model at Cameron Heights in the in the Carver neighborhood starting from $1,850. The second greatest value Waco apartment is the Townhome Model at MeadowPark starting at $1,250 with a $1.14 price per square foot in the West Waco neighborhood. Here is today’s list of the best values for Waco apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cameron Heights | B Floor Plan | 3BR,2.5BA | $1.19 |
| MeadowPark | Townhome | 2BR,2.5BA | $1.14 |
| Brookside Apartments | 2 Bedroom Townhome | 2BR,1.5BA | $1.10 |
| The Bruin | B2 | 2BR,2.5BA | $1.13 |
| Legacy Ridge | 1x1 | 1BR,1BA | $1.05 |
| The Cove on 21st | B1 | 2BR,2BA | $1.14 |
| Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $0.94 |
| The Edmond | The Baylor | 1BR,1BA | $1.04 |
| South Terrace | 1x1 | 1BR,1BA | $1.07 |
| University Club Apartments | One Bedroom | 1BR,1BA | $1.19 |
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.
Waco, TX Area Reviews
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Rhonda
February 25, 2025I have spent a lot of time in Waco over the years. It is a great place to start a family or retire for a quieter lifestyle.
Frequently Asked Questions about Waco
What type of rentals are currently available in Waco?
There are currently 280 Apartments for Rent in Waco, TX with pricing that ranges from $599 to $4,316. There are also 236 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waco ranging from $450 to $3,900.
What is the current price range for Rental Homes in Waco?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waco ranges from $450 to $3,900 with an average monthly rent of $1,709.
How much are larger Three and Four Bedroom Rentals in Waco?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waco range from $700 to $4,316, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $675.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.