1311 S 5th St
WacoTX76706
Cheap Homes for Rent in University Neighborhood of Waco, TX from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Waco.
628 N 36th St
WacoTX76710
2701 Colonial Ave
WacoTX76707
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.
2208 Sanger Ave
WacoTX76707
1226 Baylor Ave
WacoTX76706
2700 W Waco Dr
WacoTX76710
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.
1214 Baylor Ave
WacoTX76706
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University, Waco, TX Local Guide
How much does it cost to rent a home in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University 2 Bedroom Homes for Rent | $1,310 | $950 | $1,750 |
| University 3 Bedroom Homes for Rent | $1,842 | $1,195 | $3,500 |
| University 4 Bedroom Homes for Rent | $2,165 | $1,850 | $2,800 |
| University 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the University Neighborhood of Waco, TX.
Explore 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 |
| URSA | 3BR/4BA - with Den | 3BR,4BA | $799 |
Best Value Apartments for Rent in University, TX
As of May 29, 2025 the best value apartment in the University area is the $1.23 price per square foot C1 Wrangler Model at The Residence at CTM in the in the Alta Vista neighborhood starting from $1,564. The second greatest value University apartment is the 2 Bedrooms 1 Bath Model at 19Eleven starting at $1,349 with a $1.24 price per square foot in the North 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 | C1 Wrangler | 3BR,2BA | $1.23 |
| 19Eleven | 2 Bedrooms 1 Bath | 2BR,1BA | $1.24 |
| The Bruin | B3-R | 2BR,2.5BA | $1.05 |
| URSA | 1BR/2BA - with Den | 1BR,2BA | $1.56 |
| 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 | $1.47 |
Quick Rent Budget Calculator
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Frequently Asked Questions about University
What type of rentals are currently available in University?
There are currently 126 Apartments for Rent in University, TX with pricing that ranges from $690 to $3,835. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $850 to $3,800.
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 $850 to $3,800 with an average monthly rent of $1,998.
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 $700 to $3,613, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $690.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.