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Studio Apartments for Rent in Waco, TX
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STUDIO, 1 BATH$982$500 Off 1st Full Month!* All Utilities In... Unit 135
106 N Lacy Dr, Waco, TX 76705 -
STUDIO$1,383Station at Cottonwood Creek
4900 Bagby Ave, Waco, TX 76711 -
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Lacy Lofts
105 N Lacy Dr, Lacy Lakeview, TX 76705
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Waco at a Glance
Waco, TX Apartments for Rent
Situated along the Brazos River halfway between Dallas and Austin, Waco combines rich history with contemporary appeal. Those searching for apartments will find a city that's easy to navigate via Interstate 35, with landmarks like the historic Waco Suspension Bridge, Magnolia Market at the Silos, and the Dr Pepper Museum. This city of approximately 144,000 residents is home to Baylor University and the Texas Ranger Hall of Fame, with a downtown area that welcomes visitors year-round.
Waco's rental market reflects the city's overall affordability, with one-bedroom apartments averaging $1,034 monthly. Neighborhoods range from the tree-lined streets of Sanger-Heights to established areas like Woodway and Hewitt. The city's layout makes for straightforward commutes, with most destinations within a 15-20 minute drive. The local economy includes education, healthcare, and manufacturing sectors, with employers like Baylor University, local medical centers, SpaceX, and Mars Wrigley contributing to the job market.
Why Waco?
- The city is home to several unique museums including the Texas Sports Hall of Fame and Dr. Pepper Museum
- The Waco Downtown Farmers Market is located along the river and features fresh produce and other vendors
- Waco is a great option for commuters seeking affordability since its near several Fort Worth, Austin, and Dallas
- The city is home to Waco Mammoth National Monument, a site with herds of mammoth fossils
- Waco has a warm climate
Renting in Waco
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- Studio 340 Sq Ft $1,008 / mo
- 1 Bedroom 662 Sq Ft $1,039 / mo
- 2 Bedrooms 960 Sq Ft $1,284 / mo
- 3 Bedrooms 1,177 Sq Ft $1,461 / mo
- 4 Bedrooms 1,396 Sq Ft $1,418 / mo
Top Budget-Friendly Neighborhoods in Waco
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Woods Office Park 567 Sq Ft $1,018/mo
- Village Green 567 Sq Ft $1,018/mo
- Downtown Waco 553 Sq Ft $1,201/mo
- Industrial Acres 600 Sq Ft $1,299/mo
- Downtown Waco Historic District 722 Sq Ft $1,673/mo
Getting Around Waco
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Note: Based on community-supplied data and independent market research. Subject to change without notice.