close
View Me
$5951 Bedroom Apartments Available Now
618 N 16th St
618 N 16th StWaco, TX 76707
Cheap Apartments for Rent in the University Neighborhood of Waco, TX from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Waco.
close
View Me
$7501 Bedroom Apartments Available Now
930 N 11th St
930 N 11th StWaco, TX 76707
close
View Me
$834 - $1,2731 to 4 Bedroom Apartments Contact Us For Availability
Costa Esmeralda
1516 Gurley LnWaco, TX 76706
close
View Me
Rent Specials
$850 - $1,3501 to 4 Bedroom Apartments Available Now
Prime Properties Waco
1800 Primrose DrWaco, TX 76706
close
View Me
$850 - $1,0501 to 3 Bedroom Apartments Available Now
Waco Apartments
2724 Robinson DrWaco, TX 76706
close
View Me
$889 - $1,3431 to 3 Bedroom Apartments Available Now
The Enclave at the Stadium
1600 S M.L.K. Jr BlvdWaco, TX 76704
close
View Me
$950 - $1,2301 to 3 Bedroom Apartments Available Jan 15
The Cove on 21st
2425 S 21st 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.
2208 Cumberland Ave
WacoTX76707
close
View Me
1 Bedroom Apartments
The Commodores
1326 S 11th StWaco, TX 76706
close
View Me
4 Bedroom Apartments
Twenty Twenty Cottages
2020 S 10th StWaco, TX 76706
close
View Me
1 to 4 Bedroom Apartments
Valley Mills Apartments
700 S Valley Mills DrWaco, TX 76711
close
View Me
1 to 2 Bedroom Apartments
The Belmont Lofts
625 S 5th StWaco, TX 76706
close
View Me
1 Bedroom Apartments
Bear Landing - Waco Trio
1408 S 10th StWaco, TX 76706
close
View Me
Studio to 3 Bedroom Apartments
University Place Apartments
1624 S 5th StWaco, 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.
close
View Me
2 Bedroom Apartments
St. James Place
1226 James AveWaco, TX 76706
close
View Me
1 Bedroom Apartments
Ambassador Residence
508 N 38th StWaco, TX 76710
close
View Me
1 Bedroom Apartments
Pecan Park
1725 Sanger AveWaco, TX 76707
close
View Me
1 to 2 Bedroom Apartments
Peppertree
3309 Robinson DrWaco, TX 76706
close
View Me
1 to 4 Bedroom Apartments
19Eleven
1911 S 8th StWaco, TX 76706
close
View Me
1 to 3 Bedroom Apartments
Behrens Lofts
219 S 4thWaco, TX 76701
close
View Me
1 to 3 Bedroom Apartments
Historic Lofts at Waco High
815 Columbus AveWaco, TX 76701
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.
close
View Me
2 Bedroom Apartments
Bear Colony
1925 S 12th StWaco, TX 76706
close
View Me
1 to 2 Bedroom Apartments
The Madison
1307 Austin AveWaco, TX 76701
Showing Results 1-23, Page 1 of 1
University, Waco, TX Local Guide
How much does it cost to rent an apartment in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Studio Apartments | $1,471 | $1,400 | $1,542 |
| University 1 Bedroom Apartments | $1,366 | $595 | $3,030 |
| University 2 Bedroom Apartments | $1,498 | $789 | $3,975 |
| University 3 Bedroom Apartments | $1,330 | $659 | $4,387 |
| University 4 Bedroom Apartments | $1,223 | $499 | $2,996 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the University Neighborhood of Waco, TX.
See all Apartments in WacoExplore Waco
University, Waco, TX Local Guide
- Nearby Waco neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available University Apartments for Rent
The cheapest available apartment rental in the University area of Waco, TX is a 3 Beds unit found at Elevate priced from $659. LL Sams Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. Here are the most affordable University apartments for rent in Waco, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elevate | C2 | 3BR,2BA | $659 |
| LL Sams Apartments | Standard Loft - 4 BDR, 2 BTH | 4BR,2BA | $699 |
| University Edge Waco | Plan E | 4BR,4BA | $745 |
| Prime Properties Waco | 1Bed-1Bath | 1BR,1BA | $850 |
| Waco Apartments | 2 Bed 1 Bath | 2BR,1BA | $975 |
Best Value Apartments for Rent in University, TX
As of January 10, 2026 the best value apartment in the University area is the $1.12 price per square foot Spacious Renovated 3/2 at Allen Place - Walk to... Model at Allen Place in the in the South End neighborhood starting from $1,450. The second greatest value University apartment is the C1 Wrangler Model at The Residence at CTM starting at $1,499 with a $1.18 price per square foot in the Alta Vista neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Allen Place | Spacious Renovated 3/2 at Allen Place - Walk to... | 3BR,2BA | $1.12 |
| The Residence at CTM | C1 Wrangler | 3BR,2BA | $1.18 |
| 1325 Bagby Ave, Unit C | 1325 Bagby Ave | 2BR,2BA | $1.45 |
| Brookview Hills | 2 Bedroom, 1 Bathroom Townhome | 2BR,1BA | $1.21 |
| University Edge Waco | Plan B | 2BR,2BA | $0.82 |
| Waco Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.16 |
| The Enclave at the Stadium | B1 | 2BR,2BA | $1.38 |
| Tuscany Ranch Apartments | 1 Bd 1 Bth w/ Fireplace | 1BR,1BA | $1.58 |
| Bend at New Road | 1 Bed 1 Bath (Fireplace Optional) | 1BR,1BA | $1.62 |
| Prime Properties Waco | 1Bed-1Bath | 1BR,1BA | $1.21 |
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
The 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
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.
Let everyone know!
Do you know the University area?
If you’re an expert on all things University, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleUniversity, Waco, TX
Ranked #1
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in University, Waco, TX
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Waco. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, transit availability, pet-friendly communities, apartment complexes for the kids, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap University Apartments
What is a cheap apartment in University?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University is under $1,095.
What is the price of a cheap apartment in University?
The cheapest apartment in University is Prime Properties Waco which is listed at $850, while the average apartment in University costs $3,000.
What types of apartments are the cheapest in University?
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 97 regular apartments in University 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 University?
Cheap apartments in University have an average cost of $522 which is $2,478 cheaper than the average rent for all rentals in University.
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 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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.