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$1,200 - $2,482
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,200 - $2,482
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LUXE AT 1300
1300 Placid CirWaco, TX 76706
Cheap Apartments for Rent in the Oakwood Neighborhood of Waco, TX from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakwood area of Waco.
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2 Bedroom Apartments
2301 S 2nd St
2301 S 2nd StWaco, TX 76706
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4 Bedroom Apartments
Columbine Condos
1902 S 8th StWaco, TX 76706
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3 Bedroom Apartments
3400 S 3rd St
3400 S 3rd StWaco, TX 76706
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1 to 4 Bedroom Apartments
19Eleven
1911 S 8th StWaco, TX 76706
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2 to 3 Bedroom Apartments
The Centre
1818 S 7th StWaco, TX 76706
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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4 Bedroom Apartments
Twenty Twenty Cottages
2020 S 10th StWaco, TX 76706
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1 to 4 Bedroom Apartments
Allen Place
512 Daughtrey AveWaco, TX 76706
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3 Bedroom Apartments
University Woods Duplexes
2513 S. 3rd StWaco, TX 76706
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1 to 4 Bedroom Apartments
South Terrace
2616 S 12th StWaco, TX 76706
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1 to 5 Bedroom Apartments
Opus 2430
2430 S 2nd StWaco, TX 76706
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1 Bedroom Apartments
400 Daughtrey Ave
400 Daughtrey AveWaco, TX 76706
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.
Showing Results 1-12, Page 1 of 1
Oakwood, Waco, TX Local Guide
How much does it cost to rent an apartment in Oakwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakwood 1 Bedroom Apartments | $1,349 | $849 | $1,775 |
| Oakwood 2 Bedroom Apartments | $1,049 | $789 | $1,793 |
| Oakwood 3 Bedroom Apartments | $1,135 | $739 | $1,900 |
| Oakwood 4 Bedroom Apartments | $852 | $685 | $2,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Waco, TX.
See all Apartments in WacoExplore Waco
Oakwood, Waco, TX Local Guide
- Nearby Waco neighborhoods
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Cheapest Available Oakwood Apartments for Rent
The cheapest available apartment rental in the Oakwood area of Waco, TX is a 1 Bed unit found at South Terrace priced from $697. University Edge Waco has the second lowest priced unit, which is a 4 Beds apartment currently listed from $745. Here are the most affordable Oakwood apartments for rent in Waco, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| South Terrace | 1x1 | 1BR,1BA | $697 |
| University Edge Waco | Plan E | 4BR,4BA | $745 |
| Costa Esmeralda | 1BR/1BA | 1BR,1BA | $902 |
| LUXE AT 1300 | Jersey | 1BR,1BA | $1,200 |
| The Green at Waco | A2 | 1BR,1BA | $1,388 |
Best Value Apartments for Rent in Oakwood, TX
As of April 08, 2026 the best value apartment in the Oakwood area is the $1.30 price per square foot 3BR/2.0BA Model at Allen Place in the in the South End neighborhood starting from $1,650. The second greatest value Oakwood apartment is the Plan B Model at University Edge Waco starting at $799 with a $0.82 price per square foot in the South End neighborhood. Here is today’s list of the best values for Oakwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Allen Place | 3BR/2.0BA | 3BR,2BA | $1.30 |
| University Edge Waco | Plan B | 2BR,2BA | $0.82 |
| LUXE AT 1300 | Calico | 1BR,1BA | $1.81 |
| Costa Esmeralda | 1BR/1BA | 1BR,1BA | $1.34 |
| South Terrace | 1x1 | 1BR,1BA | $1.10 |
| The Green at Waco | A3.1 Yard | 1BR,1BA | $2.40 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe 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 ArticleCash 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 ArticleTop 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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Pet Friendly LifestyleOakwood, Waco, TX
Ranked #1
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Waco. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Oakwood Apartments
What is the price of a cheap apartment in Oakwood?
The cheapest apartment in Oakwood is South Terrace which is listed at $697, while the average apartment in Oakwood costs $1,371.
What types of apartments are the cheapest in Oakwood?
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 42 regular apartments in Oakwood 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 Oakwood?
Cheap apartments in Oakwood have an average cost of $670 which is $701 cheaper than the average rent for all rentals in Oakwood.
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.
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.
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.
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.