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Living & Renting in Waco

Waco at a Glance

Average Rent

$1,019
(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 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

Top Budget-Friendly Neighborhoods in Waco

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(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

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Waco Apartments for Rent in Your Budget

Frequently asked questions about renting in Waco, TX

What are the average rent costs in Waco, TX?

The average rent in Waco, TX is $1,019.

What are the average rent costs of a studio apartment in Waco, TX?

The average rent for a studio apartment in Waco, TX is $1,004.

What are the average rent costs of a one bedroom apartment in Waco, TX?

The average rent for a 1 bedroom apartment in Waco, TX is $1,019.

What are the average rent costs of a two bedroom apartment in Waco, TX?

The average rent for a 2 bedroom apartment in Waco, TX is $1,262.

What are the average rent costs of a three bedroom apartment in Waco, TX?

The average rent for a 3 bedroom apartment in Waco, TX is $1,481.

What are the average rent costs of a four bedroom apartment in Waco, TX?

The average rent for a 4 bedroom apartment in Waco, TX is $1,446.

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