Cheap Homes for Rent in University Neighborhood of Waco, TX from $600 (32 Rentals)

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

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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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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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.

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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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Showing Results 1-32, Page 1 of 1

University, Waco, TX Local Guide

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 ListingModel NameBed/BathPriced From
ElevateC23BR,2BA$659
LL Sams ApartmentsStandard Loft - 4 BDR, 2 BTH4BR,2BA$699
University Edge WacoPlan E4BR,4BA$745
Prime Properties Waco1Bed-1Bath1BR,1BA$850
The Enclave at the StadiumA11BR,1BA$885
The Cove on 21stB12BR,2BA$975
Tinsley PlaceUnion 1BR/1BA1BR,1BA$1,033
The BruinA1-R1BR,1BA$1,075
Allen PlaceSpacious Modern 2/2 Apartment at Allen Place - ...2BR,2BA$1,100
Abbey Glenn ApartmentsA51BR,1BA$1,100

Best Value Apartments for Rent in University, TX

As of January 01, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Allen PlaceSpacious Renovated 3/2 at Allen Place - Walk to...3BR,2BA$1.12
The Residence at CTMC1 Wrangler3BR,2BA$1.18
University Edge WacoPlan B2BR,2BA$0.82
RIVERCRESTB12BR,1BA$1.67
Tuscany Ranch Apartments1 Bd 1 Bth w/ Fireplace1BR,1BA$1.58
Bend at New Road1 Bed 1 Bath (Fireplace Optional)1BR,1BA$1.62
Prime Properties Waco1Bed-1Bath1BR,1BA$1.21
Carriage House672 sq ft 1 bed1BR,1BA$1.64
Station at Cottonwood CreekS2Studio ,1BA$1.61
The Enclave at the StadiumA11BR,1BA$1.45

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.

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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.

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Cash 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.

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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

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Quick 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 Lifestyle
University, Waco, TX

Ranked #1

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
University, Waco, TX

School data provided by Great Schools

Frequently Asked Questions about University

What type of rentals are currently available in University?

There are currently 141 Apartments for Rent in University, TX with pricing that ranges from $499 to $3,975. There are also 109 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $695 to $4,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in University ranges from $695 to $4,000 with an average monthly rent of $2,001.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in University range from $659 to $3,634, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $499.

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

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.