Cheap Apartments for Rent in the North Waco Neighborhood of Waco, TX from $400 (35 Rentals)

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

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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property at 2417 N 22nd St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

2417 N 22nd St

WacoTX76708
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PECAN RIDGE-WACO
$1,077 - $1,783
Total Monthly Price

Total Monthly Price

Base Rent
$1,077 - $1,783
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

PECAN RIDGE-WACO

2736 Lake Shore DrWaco, TX 76708
Corporate Housing
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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.

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Tanglewood Garden
1 to 3 Bedroom Apartments

Tanglewood Garden

4500 N 19th StWaco, TX 76708
  • Utilities Included
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Pecan Park
1 Bedroom Apartments

Pecan Park

1725 Sanger AveWaco, TX 76707
  • Utilities Included

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.

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Behrens Lofts
1 to 3 Bedroom Apartments

Behrens Lofts

219 S 4thWaco, TX 76701
  • Utilities Included
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The Madison
1 to 2 Bedroom Apartments

The Madison

1307 Austin AveWaco, TX 76701
Corporate Housing

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.

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Showing Results 1-35, Page 1 of 1

North Waco, Waco, TX Local Guide

Cheapest Available North Waco Apartments for Rent

 

The cheapest available apartment rental in the North Waco area of Waco, TX is a 3 Beds unit found at Elevate priced from $659. University Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $709. Here are the most affordable North Waco apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
ElevateC23BR,2BA$659
University Club ApartmentsOne Bedroom1BR,1BA$709
Brazos Park ApartmentsA-1b1bs1BR,1BA$779
Woodhollow ApartmentsA1-P 1x11BR,1BA$935
Historic Lofts of Waco High1 Bedroom1BR,1BA$941
Barrons Branch IIB12BR,2BA$953
Highland Cove1 BR A 1BR,1BA$995
PECAN RIDGE-WACOA21BR,1BA$1,040
Franklin PlaceA11BR,1BA$1,163

Best Value Apartments for Rent in North Waco, TX

As of May 24, 2026 the best value apartment in the North Waco area is the $0.61 price per square foot C1 Model at Elevate in the in the Carver neighborhood starting from $669. The second greatest value North Waco apartment is the B1 Model at Barrons Branch II starting at $953 with a $0.98 price per square foot in the Carver neighborhood. Here is today’s list of the best values for North Waco apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ElevateC13BR,3BA$0.61
Barrons Branch IIB12BR,2BA$0.98
Historic Lofts of Waco High1 Bedroom1BR,1BA$1.19
Highland Cove1 BR A 1BR,1BA$1.42
University Club ApartmentsOne Bedroom1BR,1BA$1.21
PECAN RIDGE-WACOA11BR,1BA$2.02
Franklin PlaceA11BR,1BA$2.04
Woodhollow ApartmentsA1-P 1x11BR,1BA$1.95
Brazos Park ApartmentsG1BR,1BA$1.82

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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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.

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Pet Friendly Lifestyle
North Waco, Waco, TX

Ranked #16

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Texas including North Waco, Waco, and the greater Waco area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap North Waco Apartments

What is the price of a cheap apartment in North Waco?

The cheapest apartment in North Waco is University Club Apartments which is listed at $709, while the average apartment in North Waco costs $1,420.

What types of apartments are the cheapest in North Waco?

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 10 regular apartments in North Waco 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 North Waco?

Cheap apartments in North Waco have an average cost of $315 which is $1,105 cheaper than the average rent for all rentals in North Waco.

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.

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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.

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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.

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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.