2528 S 3rd St
WacoTX76706
Cheap Homes for Rent in Oakwood Neighborhood of Waco, TX from $600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood 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.
2005 S 8th St
WacoTX76706
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.
2005 S 8th
WacoTX76706
Showing Results 1-3, Page 1 of 1
Oakwood, Waco, TX Local Guide
How much does it cost to rent a home in Oakwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakwood 2 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
| Oakwood 3 Bedroom Homes for Rent | $2,100 | $1,800 | $2,400 |
| Oakwood 4 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
| Oakwood 5 Bedroom Homes for Rent | $2,716 | $667 | $4,600 |
| Oakwood 7 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Waco, TX.
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Oakwood, Waco, TX Local Guide
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Best Value Apartments for Rent in Oakwood, TX
As of June 16, 2026 the best value apartment in the Oakwood area is the $0.82 price per square foot Plan B Model at University Edge Waco in the in the South End neighborhood starting from $799. The second greatest value Oakwood apartment is the Calico Model at LUXE AT 1300 starting at $1,369 with a $2.00 price per square foot in the Oakwood 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. |
|---|---|---|---|
| University Edge Waco | Plan B | 2BR,2BA | $0.82 |
| LUXE AT 1300 | Calico | 1BR,1BA | $2.00 |
| The Green at Waco | A2 | 1BR,1BA | $1.98 |
| Costa Esmeralda | 1BR/1BA | 1BR,1BA | $1.34 |
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 Article
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.
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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
Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 42 Apartments for Rent in Oakwood, TX with pricing that ranges from $685 to $2,150. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $667 to $4,600.
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 $667 to $4,600 with an average monthly rent of $2,173.
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 $739 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,400. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $739.
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.