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  1. Building Photo - 301 W Panther Way
    3 BEDS, 2 BATHS
    $2,100
    Total Monthly Price Total Monthly Price New
    Base Rent$2,100
    Required Monthly FeesNone
    Total Monthly Price$2,100

    301 W Panther Way Unit 904

    301 W Panther Way, Hewitt, TX 76643

Living & Renting in Waco

Waco at a Glance

Average Rent

$1,093
(All bedrooms and property types)
Learn more about
Average Rent in Waco
6

School Rating

out of 10 Rating
Learn more about
Schools in Waco

Waco, TX Apartments for Rent

Waco stretches along the Brazos River in Central Texas, halfway between Dallas and Austin on Interstate 35. This city of about 147,000 made history as the birthplace of Dr Pepper in 1885 and continues to thrive as home to Baylor University. If you're searching for apartments for rent in Waco, you'll discover everything from student-friendly communities near campus to properties in family-friendly neighborhoods like Castle Heights and Woodway. One-bedroom apartments typically run around $1,022 per month-a solid deal compared to bigger Texas cities.

Renting in Waco means easy access to outdoor adventures and hometown attractions. Take a morning jog along the seven-mile Brazos Riverwalk or tackle the limestone cliffs and trails at 416-acre Cameron Park. Downtown pulses with energy around Magnolia Market at the Silos, while must-see spots include the Dr Pepper Museum, Waco Mammoth National Monument, and the beautifully restored Waco Hippodrome theater. Between Baylor University, local healthcare facilities, and manufacturing companies, the job market stays steady. Plus, with I-35 cutting right through town, you can zip to Austin or Dallas whenever the big-city mood strikes-making Waco an ideal home base for exploring Central Texas.

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)
  • Neighborhoods Average Sq Ft Average Rent
  • Downtown Waco 606 Sq Ft $1,180/mo

Average Rent in Nearby Cities

(For 1 bedroom apartments)
  • Cities Average Rent
  • Waco $1,174/mo

Education

Public University
Private University
Public University
GreatSchools Rating
Midway High School

Public High School

Public
Grades 9-12
2,684 Students
GreatSchools Rating
Bosqueville High School

Public High School

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

Public High School

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

Public High School

Public
Grades 9-12
125 Students
GreatSchools Rating
Bosqueville Middle

Public Middle School

Public
Grades 6-8
183 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
China Spring Elementary School

Public Elementary School

Public
Grades K-5
613 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 $1,093.

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

The average rent for a studio apartment in Waco, TX is $1,011.

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 $1,093.

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 $1,400.

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 $1,495.

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 $1,430.

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