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  2. Building Photo - Elevate
    Good Value
    1 BED
    $1,399+
    3 BEDS
    $659+
    4 BEDS
    $499+

    Elevate

    215 Washington Ave, Waco, TX 76701
  6. Building Photo - The Green at Waco
    Rent Special
    Rent Special
    1 BED
    $1,350+
    2 BEDS
    $850+
    4 BEDS
    $685+
    5 BEDS
    $655+
    Total Monthly Price Total Monthly Price New
    Base Rent$655 - $1,575
    Required Monthly FeesNone
    Total Monthly Price$655 - $1,575

    The Green at Waco

    2501 S University Parks Dr, Waco, TX 76706
  10. Rent Special
    Rent Special
    2 BEDS
    $829+
    3 BEDS
    $780+
    4 BEDS
    $699+
    5 BEDS
    $910+

    LL Sams Apartments

    2000 S 1st St, Waco, TX 76706
  13. Building Photo - The Den
    1 BED
    $1,600

    The Den

    909 Baylor Ave, Waco, TX 76706
  26. Interior Photo - 19Eleven
    Call for Rent

    19Eleven

    1911 S 8th St, Waco, TX 76706
  34. Building Photo - Brookview Hills
    Good Value
    1 BED
    $909+
    2 BEDS
    $1,209+

    Brookview Hills

    3400 W Brookview Dr, Waco, TX 76710
  39. Building Photo - The Cove on 21st
    Exceptional Value
    1 BED
    $943+
    2 BEDS
    $1,018+
    Total Monthly Price Total Monthly Price New
    Base Rent$924 - $1,074
    Required Monthly Fees$19
    Total Monthly Price$943 - $1,093

    The Cove on 21st

    2425 S 21st St, Waco, TX 76706
    (254) 503-5813
Showing 42 of 292 results, Page 1 of 7

Waco at a Glance

Average Rent

$1,085
(All bedrooms and property types)
Learn more about
Average Rent in Waco
5

School Rating

out of 10 Rating
Learn more about
Schools in Waco

Waco, TX Cheap Apartments for Rent

When looking for cheap apartments in Waco, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Waco.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 292 cheap apartments available in Waco Apartment Finder is the place to find your next rental.

Renting in Waco

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Waco

(For 1 bedroom apartments)
  • Neighborhoods Average Sq Ft Average Rent
  • Downtown Waco 599 Sq Ft $1,244/mo

Education

Public University
Private University
Public University
GreatSchools Rating
Midway High School

Public High School

Public
Grades 9-12
2,648 Students
GreatSchools Rating
Bosqueville High School

Public High School

Public
Grades 9-12
218 Students
GreatSchools Rating
Paul And Jane Meyer Public High School

Public High School

Public
Grades 9-12
211 Students
GreatSchools Rating
Premier High School Of Waco

Public High School

Public
Grades 9-12
156 Students
GreatSchools Rating
Tennyson Middle

Public Middle School

Public
Grades 6-8
999 Students
GreatSchools Rating
Tennyson Middle School

Public Middle School

Public
Grades 6-8
999 Students
GreatSchools Rating
Bosqueville Middle

Public Middle School

Public
Grades 6-8
161 Students
GreatSchools Rating
China Spring Elementary School

Public Elementary School

Public
Grades K-5
677 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Waco

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Waco Apartments for Rent in Your Budget

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