Cheap Homes for Rent in Oakwood Neighborhood of Waco, TX from $700 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Oakwood area of Waco.

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Oakwood, Waco, TX Local Guide

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 $658. 19Eleven has the second lowest priced unit, which is a 1 Bed apartment currently listed from $969. Here are the most affordable Oakwood apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
South Terrace1x11BR,1BA$658
19Eleven1 Bedroom 1 Bath1BR,1BA$969
LUXE AT 1300Jersey1BR,1BA$1,289

Best Value Apartments for Rent in Oakwood, TX

As of August 05, 2025 the best value apartment in the Oakwood area is the $1.26 price per square foot 4BR/2.0BA Model at Allen Place in the in the South End neighborhood starting from $1,800. The second greatest value Oakwood apartment is the 3/2.5 Model at The Centre starting at $1,399 with a $1.16 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Allen Place4BR/2.0BA4BR,2BA$1.26
The Centre3/2.53BR,2.5BA$1.16
LUXE AT 1300Twill1BR,1BA$1.93
19Eleven1 Bedroom 1 Bath1BR,1BA$1.33
South Terrace1x11BR,1BA$1.07
The Green at WacoA3.2 Amenity View1BR,1BA$2.54

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Frequently Asked Questions about Oakwood

What type of rentals are currently available in Oakwood?

There are currently 34 Apartments for Rent in Oakwood, TX with pricing that ranges from $599 to $2,841. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $1,455 to $2,800.

What is the current price range for Rental Homes in Oakwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakwood ranges from $1,455 to $2,800 with an average monthly rent of $2,150.

How much are larger Three and Four Bedroom Rentals in Oakwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakwood range from $700 to $2,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,455 to $2,150. Four Bedroom Single-Family rentals are also available starting from $1,800 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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.