920 Speight Ave
WacoTX76706
Cheap Homes for Rent in University Neighborhood of Waco, TX from $600 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Waco.
2503 Ethel Ave
WacoTX76707
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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.
1214 Baylor Ave
WacoTX76706
2206 Parrott Ave
WacoTX76707
1700 W Waco Dr
WacoTX76701
1807 S 19th St
WacoTX76706
2502 Ethel Ave
WacoTX76707
1603 West Ave
WacoTX76707
1214 Baylor Ave
WacoTX76706
2700 W Waco Dr
WacoTX76710
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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2010 S 11th St
WacoTX76706
1421 S 12th St
WacoTX76706
2632 Colonial Ave
WacoTX76707
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.
1821 Sanger Ave
WacoTX76707
3132 Daughtrey Ave
WacoTX76711
2620 Colonial Ave
WacoTX76707
1920 Barnard Ave
WacoTX76701
2305 S 2nd St
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 | $1,321 | $895 | $1,700 |
| University 3 Bedroom Homes for Rent | $1,749 | $1,195 | $2,375 |
| University 4 Bedroom Homes for Rent | $2,087 | $1,625 | $2,950 |
| University 5 Bedroom Homes for Rent | $3,225 | $2,200 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the University Neighborhood of Waco, TX.
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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 1 Bed unit found at South Terrace priced from $658. University Edge Waco has the second lowest priced unit, which is a 4 Beds apartment currently listed from $705. 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 |
| University Edge Waco | Plan E | 4BR,4BA | $705 |
| Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $750 |
| Prime Properties Waco | 1Bed-1Bath | 1BR,1BA | $875 |
| The Cove on 21st | A1 | 1BR,1BA | $875 |
Best Value Apartments for Rent in University, TX
As of September 16, 2025 the best value apartment in the University area is the $1.20 price per square foot Spacious Renovated 3/2 Apartment at Allen Place... Model at Allen Place in the in the South End neighborhood starting from $1,558. The second greatest value University apartment is the 2215 Sanger Ave Model at 2215 Sanger Ave, Unit A starting at $975 with a $0.93 price per square foot in the Carver 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 Apartment at Allen Place... | 3BR,2BA | $1.20 |
| 2215 Sanger Ave, Unit A | 2215 Sanger Ave | 2BR,1BA | $0.93 |
| University Edge Waco | Plan C | 2BR,2BA | $0.80 |
| 2425 Parrott Ave, Unit 2425 Parrott | 2425 Parrott Ave | 2BR,1BA | $0.99 |
| The Enclave at the Stadium | B1 | 2BR,2BA | $1.14 |
| Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $0.94 |
| Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.26 |
| Prime Properties Waco | 1Bed-1Bath | 1BR,1BA | $1.24 |
| South Terrace | 1x1 | 1BR,1BA | $1.07 |
| The Cove on 21st | A1 | 1BR,1BA | $1.48 |
Quick Rent Budget Calculator
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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 LifestyleUniversity, Waco, TX
Ranked #2
Among cities in Texas 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
Frequently Asked Questions about University
What type of rentals are currently available in University?
There are currently 123 Apartments for Rent in University, TX with pricing that ranges from $690 to $4,424. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $600 to $3,900.
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 $600 to $3,900 with an average monthly rent of $1,866.
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 $4,424, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,375. Four Bedroom Single-Family rentals are also available starting from $1,625 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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.