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

    Elevate

    215 Washington Ave, Waco, TX 76701
  34. Building Photo - Legacy Ridge
    1 BED
    $795+
    2 BEDS
    $895+

    Legacy Ridge

    2506 Hilltop Dr, Waco, TX 76710
Showing 42 of 492 results, Page 1 of 12

Waco at a Glance

Average Rent

$1,023
(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
0

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Waco
42

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation 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 492 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)

Getting Around Waco

Transportation

45

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
42

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
0

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

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
Waco High School

Public High School

Public
Grades 9-12
2,011 Students
GreatSchools Rating
University High School

Public High School

Public
Grades 9-12
1,678 Students
GreatSchools Rating
Bosqueville Middle

Public Middle School

Public
Grades 6-8
161 Students
GreatSchools Rating
Tennyson Middle

Public Middle School

Public
Grades 6-8
999 Students
GreatSchools Rating
Cesar Chavez Middle

Public Middle School

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

Public Elementary School

Public
Grades 2-4
677 Students
GreatSchools Rating
China Spring Intermediate School

Public Elementary School

Public
Grades 5-6
461 Students

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

Apartments for Rent Near Waco

Specialty Housing

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Waco Apartments for Rent in Your Budget

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