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from $7501 to 3 Bedroom Apartments Available Now
Historic Lofts at Waco High
815 Columbus AveWaco, TX 76701
Cheap Apartments for Rent in the University Neighborhood of Waco, TX from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Waco.
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2400 Washington Ave
WacoTX76701
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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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from $9251 to 4 Bedroom Apartments Available Now
Prime Properties Waco
1800 Primrose DrWaco, TX 76706
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from $9581 to 3 Bedroom Apartments Available Now
The Enclave at the Stadium
1600 S M.L.K. Jr BlvdWaco, TX 76704
1508 S 13th St
WacoTX76706
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from $1,1001 to 2 Bedroom Apartments Available Now
Carriage House
1923 Austin 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.
1214 Baylor Ave
WacoTX76706
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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 | $1,507 | $1,390 | $1,554 |
| University 1 Bedroom Apartments | $1,370 | $750 | $2,915 |
| University 2 Bedroom Apartments | $1,599 | $770 | $3,835 |
| University 3 Bedroom Apartments | $1,538 | $700 | $4,316 |
| University 4 Bedroom Apartments | $1,412 | $690 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 30 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
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Cheapest Available University Apartments for Rent
The cheapest available apartment rental in the University area of Waco, TX is a 1 Bed unit found at South Terrace priced from $658. Historic Lofts at Waco High has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable University apartments for rent in Waco, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| South Terrace | 1x1 | 1BR,1BA | $658 |
| Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $750 |
| The Cove on 21st | A1 | 1BR,1BA | $850 |
| Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $900 |
| Prime Properties Waco | 1Bed-1Bath | 1BR,1BA | $925 |
| The Enclave at the Stadium | A1 | 1BR,1BA | $958 |
| Tinsley Place | Union 1BR/1BA | 1BR,1BA | $1,092 |
| Abbey Glenn Apartments | A5 | 1BR,1BA | $1,100 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1,100 |
| Franklin Place | A1 | 1BR,1BA | $1,163 |
Best Value Apartments for Rent in University, TX
As of June 21, 2025 the best value apartment in the University area is the $1.27 price per square foot B1 Stetson Model at The Residence at CTM in the in the Alta Vista neighborhood starting from $1,387. The second greatest value University apartment is the B2-R Model at The Bruin starting at $1,180 with a $1.21 price per square foot in the South End 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. |
|---|---|---|---|
| The Residence at CTM | B1 Stetson | 2BR,2BA | $1.27 |
| The Bruin | B2-R | 2BR,2.5BA | $1.21 |
| Tuscany Ranch Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.60 |
| Summit at the Villages at Waco | Two Bedroom/ One Bathroom | 2BR,1BA | $1.50 |
| Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $0.94 |
| Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.23 |
| Prime Properties Waco | 1Bed-1Bath | 1BR,1BA | $1.31 |
| South Terrace | 1x1 | 1BR,1BA | $1.07 |
| The Enclave at the Stadium | A1 | 1BR,1BA | $1.60 |
| The Cove on 21st | A1 | 1BR,1BA | $1.44 |
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Pet Friendly LifestyleUniversity, Waco, TX
Ranked #4
Among neighborhoods in Waco, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet 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 the price of a cheap apartment in University?
The cheapest apartment in University is South Terrace which is listed at $658, while the average apartment in University costs $1,549.
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 3 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 $164 which is $1,385 cheaper than the average rent for all rentals in University.
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.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.