Cheap Apartments for Rent in Waco, TX
336 rentals
Use arrow keys to navigatePET FRIENDLY$425 - $1,700/mo
1-4 Beds
1-4 BathsBear Crossing | 2406 S University Parks Dr #e099a2ca3,
Waco, TX 76706
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYFURNISHED
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYFURNISHEDTotal price$559 - $2,900/mo1-4 Beds1-4 BathsOutpost at Waco - Pricing Per Room | 2415 S University Parks Drive Private #2-655513,
Waco, TX 76706
Use arrow keys to navigateFURNISHED
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SPECIAL OFFERPET FRIENDLYFURNISHED$685 - $1,500/mo1-4 Beds1-4 BathsDomain at Waco | 2825 S University Parks Drive Private #2-1110497,
Waco, TX 76706
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PET FRIENDLYTotal price$850 - $1,275/mo1-4 Beds1-2 BathsModern Waco Living Zero Deposit Apartments Near Baylor, 1800 Waco | 1800 Primrose Dr #fca0ef6e3,
Waco, TX 76706
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Average Rent Trends in Waco, TX
Rent in Waco, TX varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,495 |
| Jul 2025 | $1,500 |
| Aug 2025 | $1,495 |
| Sep 2025 | $1,495 |
| Oct 2025 | $1,495 |
| Nov 2025 | $1,495 |
| Dec 2025 | $1,550 |
| Jan 2026 | $1,500 |
| Feb 2026 | $1,525 |
| Mar 2026 | $1,500 |
| Apr 2026 | $1,495 |
| May 2026 | $1,495 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,013 | $1,256 | $1,650 | $2,183 | $1,495 |
| Townhomes | $690 | $1,300 | $1,650 | $2,100 | $1,700 |
| Apartments and Condos | $1,000 | $1,200 | $1,728 | $2,391 | $1,450 |
| Houses | $895 | $1,295 | $1,695 | $2,200 | $1,550 |
Frequently Asked Questions about Rentals in Waco, TX
- What is the average rent of an apartment in Waco, TX?The average rent of an apartment in Waco, TX is $1,252 per month. This is about 35% lower than the national average.
- What is the average rent of a house in Waco, TX?The average rent of a house in Waco, TX is $1,550 per month. This is about 20% lower than the national average.
- What is the average rent of a townhome in Waco, TX?The average rent of a townhome in Waco, TX is $1,700 per month. This is about 12% lower than the national average.
- When is the average rent cheapest in Waco, TX?In the last year, the average rent in Waco, TX was lowest in Jan 2025 when it was $1,488 per month.
- When is the average rent most expensive in Waco, TX?In the last year, the average rent in Waco, TX was highest in Dec 2025 when it was $1,550 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Waco, TX?The average rent of a 1 bedroom apartment in Waco, TX is $1,013 per month. That is about $383 less than the cost of a studio apartment.
- How many available rental listings are in Waco, TX?There are 367 available rental listings in Waco, TX.
- What colleges and universities are in Waco, TX?Colleges and universities in Waco, TX include: Baylor University.
- What are some neighborhoods in Waco, TX?
- What are some zip codes in Waco, TX?
- What are some cities near Waco, TX?Some nearby cities include: Beverly Hills, Bellmead, Lacy-Lakeview, Woodway, Robinson. These cities may have more rental options to explore.