
Homes for Rent in Waco, TX Under $700 (3 Rentals)

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.

2528 S 3rd St
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.

1048 Eagle Canyon Dr
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 | $1,300 | $875 | $2,000 |
| Waco 3 Bedroom Homes for Rent | $1,828 | $1,100 | $3,450 |
| Waco 4 Bedroom Homes for Rent | $2,283 | $750 | $3,600 |
| Waco 5 Bedroom Homes for Rent | $3,344 | $650 | $9,000 |
| Waco 6 Bedroom Homes for Rent | $5,550 | $5,550 | $5,550 |
| Waco 7 Bedroom Homes for Rent | $4,900 | $4,900 | $4,900 |
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Waco, TX Local Guide
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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
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Waco, TX Area Reviews
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 309 Apartments for Rent in Waco, TX with pricing that ranges from $499 to $4,555. There are also 201 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waco ranging from $650 to $9,000.
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 $650 to $9,000 with an average monthly rent of $2,799.
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 $659 to $4,555, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,450. Four Bedroom Single-Family rentals are also available starting from $750 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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.