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Cheap Apartments for Rent in Downtown Waco

493 Rentals
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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
  7. Historic Finishes - LL Sams Apartments
    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. Interior Photo - 19Eleven
    Call for Rent

    19Eleven

    1911 S 8th St, Waco, TX 76706
  20. Building Photo - The Cove on 21st
    Good Value
    2 BEDS
    $1,018+
    3 BEDS
    $1,308+
    Total Monthly Price Total Monthly Price New
    Base Rent$999 - $1,289
    Required Monthly Fees$19
    Total Monthly Price$1,018 - $1,308

    The Cove on 21st

    2425 S 21st St, Waco, TX 76706
    (254) 503-5813
  23. Building Photo - 2417 N 22nd St
    2 BEDS, 1 BATH
    $1,000
    Total Monthly Price Total Monthly Price New
    Base Rent$1,000
    Required Monthly FeesNone
    Total Monthly Price$1,000

    2417 N 22nd St

    2417 N 22nd St, Waco, TX 76708
    Apply
  24. Building Photo - Tinsley Place
    Rent Special
    Rent Special
    1 BED
    $1,158+
    2 BEDS
    $1,356+
    3 BEDS
    $1,898+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,009 - $2,999
    Required Monthly Fees$149
    Total Monthly Price$1,158 - $3,148

    Tinsley Place

    715 Cleveland Ave, Waco, TX 76706
  27. Building Photo - Allen Place
    1 BED
    $1,050+
    3 BEDS
    $1,500+

    Allen Place

    512 Daughtrey Ave, Waco, TX 76706
  29. Building Photo - RIVERCREST
    1 BED
    $1,101+
    2 BEDS
    $1,287+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,083 - $1,679
    Required Monthly Fees$18
    Utilities & EssentialsVaries
    Total Monthly Price$1,101 - $1,697

    RIVERCREST

    66 Daughtrey Ave, Waco, TX 76706
    (254) 503-5808
  30. The Bruin Living Area - The Bruin
    Discounts
    Discounts
    1 BED
    $1,099+
    2 BEDS
    $1,229+

    The Bruin

    1300 S 11th St, Waco, TX 76706
  33. Building Photo - North Waco
    3 BEDS, 1 BATH
    $1,100

    North Waco

    2001 Bosque Blvd, Waco, TX 76707
  34. Building Photo - Duplex
    2 BEDS, 1 BATH
    $1,100

    Duplex

    2225 Windsor Ave, Waco, TX 76708
Showing 42 of 104 results, Page 1 of 3

Waco at a Glance

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Cheap Apartments in Downtown Waco Neighborhood in Waco, TX

When looking for cheap apartments in Downtown 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 Downtown 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 104 cheap apartments available in Downtown Waco, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Waco

(For 1 bedroom apartments)
  • Neighborhoods Average Sq Ft Average Rent
  • Downtown Waco 612 Sq Ft $1,255/mo

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

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